DEOXY Commerce™
Imagine an experience where online shopping seamlessly integrates into the content you’re consuming, without ever leaving the page. That’s DEOXY – our patented technology platform. It enables online merchants to transform any online environment into a storefront, from a third party blog article, contextual content (online magazine), to display ads, making purchasing as simple as a click. For sellers, it means higher conversion rates and increased impulse purchases, all while maintaining their branding, and all captured directly within the merchants’ commerce CMS in real-time. Publishers benefit from higher engagement and revenue opportunities. For customers it’s a seamless, enjoyable shopping experience, never having to leave the publishers site, and because this is all captured directly within the commerce CMS, DEOXY offers all the promotional and discount capabilities offered as if they were on the merchants’ own website.
An estimated 2.14 billion people worldwide (statista.com) are buying goods and services online. It is estimated that eCommerce in Q3 2023 for U.S retail eCommerce reached $284.1 billion. (U.S. Census Bureau) In the last two decades, eCommerce platforms – such as Amazon and eBay – have contributed to substantial growth in online retail. In 2011, eCommerce accounted for 5% of total retail sales according to the U.S. Census Bureau. By Q2 2020, after the start of the COVID-19 pandemic, eCommerce accounted for 16.5% of retail sales, falling only slightly to 15% as physical stores reopened. (TechTarget.com) Total U.S. online sales are forecasted to reach $1 trillion by 2027.
The typical user eCommerce journey requires the reader/purchaser to leave the publisher site to make a purchase on the seller’s commerce site. However, with DEOXY, consumers will be able to purchase directly from within content or other areas of the publishers site, completing the transaction without leaving the environment. Yet the transaction is still immediately captured within the eCommerce platform of the selling merchant.
DEOXY is a full functioning content management and product merchandising system that integrates with the merchants’ eCommerce platform. While tested with the Shopify commerce platform, DEOXY can be built to be completely agnostic. Meaning, DEOXY can integrate with any eCommerce platform, allowing for the flexibility to take advantage of all opportunities and onboard all types of merchants.
A start-to-finish method of purchasing that doesn’t require the consumer to leave a site they are viewing, to purchase an item that catches their eye. Our IP covers commerce transactions within Facebook or any social page, news coverage, blog, gaming, retail kiosk, web enabled TV, or any third-party web enabled environment. The DEOXY Commerce™ platform offers the next step in the evolution of eCommerce and is backed by 3 U.S. patents.
PRODUCT FEATURES & BENEFITS
Companies utilizing DEOXY could potentially lead to a significant uplift in sales, potentially ranging from 20% to even 100% or more in some cases, depending on the effectiveness of the implantation and the attractiveness of the product to the target audience.
PRODUCT DETAILS
DEOXY is a distributed commerce or contextual commerce technology platform that enables companies to extend their site commerce capabilities beyond their own sites. With the global eCommerce boom, DEOXY is poised to support and augment growth by eliminating the areas of friction that exist between advertising, publicity, social campaigns and eCommerce sellers by making it possible for consumers to complete a transaction from within content or other areas of the publisher site, without leaving the environment.
A marketing ecosystem may resemble this;
DEOXY activates each touchpoint, exponentially increasing the ability to capture sales by turning each point into a pop-up-shop.
DEOXY enables commerce beyond the commerce site:
- Within editorial and advertorial
- Within blog reviews
- Within display advertising
- Extending the reach of subscription and membership campaigns
To get going there are 3 basic steps necessary to integrate DEOXY with the merchant commerce platform:
Resources needed to develop and start a business with DEOXY Commerce™:
As a technology product, the minimum costs below are for development of the platform.
- Year one Development Costs: $755,000. This is a combination of onshore and offshore talent. Both on-staff and outsourced.
- Sales and Sales Tools: $96,250
- Management: $155,000
- Other Payroll: $101,000
- Operating Expenses: $112,500
The DEOXY Commerce™ is covered by United States Utility Patents: 11,023,960, 10,311,506 9,430,784
For additional information, licensing opportunities, and a full prospectus on the DEOXY Commerce™ contact:
BankOnIP
VP of Business Development
Email: info@BankOnIP.com