New Sellaround Features Lift Social Commerce to new Heights

STUTTGART, Germany, August 8, 2011 /PRNewswire/ --

• 'Recommend Function': Users Receive Discounts for Recommendations
• 'Crowdsaving Function': Mutual Recommendations Activate Deals

Sellaround, the first social commerce platform for distribution and resale on the social web, has relaunched with brand new features that make buying and selling on the internet even more fun.

With the 'Recommend' function, buyers can now receive individual discounts. To take advantage of these price reductions, customers and potential buyers can purchase the product at a discounted price by sharing the selling widget on the social web.

With the option of 'Crowdsaving', the seller of a product can specify a minimum of 'shares' needed to activate the discount for the product. This offers buyers the possibility to purchase at a lower price. Sellers benefit from the wider distribution of their offer through 'likes' and 'tweets'. In case the specified number of 'shares' is not reached the deal does not take place.

"We are delighted to offer our users even more ways to easily buy or sell on the social web with these new features," said Adrian Thoma, CEO of Sellaround. "I believe this is where the true strength of social commerce lies, in that all parties can only benefit: sellers increase the viral distribution of their products, and buyers have access to great deals."

About Sellaround.net:

At Sellaround.net, the first social commerce platform for distribution and resale via the social web, users create widgets that function simultaneously as both an advertising banner and mini-shop with an integrated payment process. The widgets can be embedded into Facebook, Twitter, websites, blogs and as QR codes, and serve as a virtual sales area for physical and digital products. In addition, there is the possibility of offering the product for resale, thus boosting viral distribution. Sellaround.net is designed for young artists (musicians, designers, authors) seeking lucrative ways to distribute their works. Similarly professional retailers aiming to broaden their products' distribution channels find a suitable platform in Sellaround. More information can be found at http://www.sellaround.net.

Press contact: Daniela Kazmaier | Tel.: +49-30-2576205-19 | [email protected]

SOURCE Sellaround.net