E-Commerce

On making cash from the products you love

January 14, 2022
On

What's the last product you raved about? It might be your new speakers, skincare or book. Whatever it was, you had to tell your friends and family to buy it too.

Meet Vietnam's On, a social commerce startup that helps you share the products you love— while making money from it. (And no, it's not a scam!)

  • It just raised a $1.1M seed round from Touchstone Partners and ThinkZone Ventures.
  • 90% of its sellers are women, typically in small towns and rural areas.

3️⃣  3 steps to win it

Forget having your own inventory and managing deliveries!

Step 1. Choose a product from the On app.

  • It has over 20,000 products from its partner brands, including clothing, skincare, accessories and more.

Step 2. Share! Post it on your social media, send it to family and friends in your chats and more.

Step 3. Get your commissions and make that $$$! 💰

🛍  Bridging you and brands

On manages the entire process — from transactions and orders to shipping and returns. With their in-house delivery service, OnDelivery, they'll make sure it gets to your customer's doorstep.

  • They have 24,000 shippers handling deliveries.

Why it works. Sellers earn extra income, and brands get more sales. Plus, it's minimal work for both parties!

  • Brands spend a ton on marketing (and some don't even lead to sales), so they'd be happy to pay commissions for items sold.

🚀  On to the next

With its new cash, it'll expand in Vietnam and double down on supporting its sellers with management, delivery and capital.

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