Greek e-comm video Startup Goodvidio raised 500.000 euros

Goodvidio, a service that helps online retailers to increase sales by collecting and integrating video reviews from YouTube and other social media, just announced the widespread availability of software platform and a new funding from the National Bank of Greece (NBG Business Seeds) and Openfund.

Having completed a year of beta pilot applications in a wide range of online shops in Europe and America, and in categories like Technology, Health and Beauty, Sport & Hobby, Home & Garden, Baby Items, Food, Fashion Accessories and Auto-Moto, the service is now available to brands and retailers with the monthly subscription starting at $149 and a free trial of 15 days.

Goodvidio cooperates with big brands and online stores from international and Greek market including Tassimo (Jacobs Douwe Egberts), Travis Perkins Group, Mondelez International, Cosmote, Germanos, Buldoza and MLS. The results from more than 40 e-commerce sites showed a 80% increase in cart additions 80%, time spending in site 340% increase and reduced bounce rate in product pages enriched with Goodvidio galleries by 70%.

Paula Sweetman, Digital Engagement and eCommerce Manager at Jacobs Douwe Egberts said: «We have been delighted with the collaboration with Goodvidio – the execution has been seamless, the results impressive and the team are exceptionally well versed in meaningful metrics». store reported 74% increase in the add-to-basket conversion rate and 161% increase in the user’s time on site.

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