San Francisco, CA (PRWEB) October 01, 2013
GroupingMall.com, an innovative social marketplace, has been accepted as a member of RocketSpace, the premier business accelerator for tech startups. RocketSpace only allows a few startups into the fold each month, despite receiving more than 120 applications from around the world every month. The RocketSpace alumni network includes several billion-dollar companies such as Spotify, Uber, and Zappos. GroupingMall is rapidly growing with more than 1,100 of the best selling online products and is changing the way companies market to social media users.
GroupingMall allows users to obtain lower prices on popular products by sharing the product on their own social networks. This innovative model allows merchants to pay for their social media advertising through a reduction in price rather than paying for expensive ads. Merchants benefit because many social media users ignore sponsored advertisements in favor of content promoted by friends in their network. Companies can set the number of “Drop Price” clicks and social shares needed in order for a certain price to be reached. The more “Drop Price” clicks and social shares, the lower the price drops. GroupingMall is an online marketplace that allows any company to list a deal in five easy steps as long as it fits the product guidelines.
"It's a great honor and privilege to have been accepted into this prestigious accelerator program," said founder and CEO Jimmie Kirkland. "My co-founder Richard Kirkland and I look forward to building strategic partnerships and learning more about cutting edge technology."
As part of the RocketSpace community, GroupingMall will have access not only to office spaces and amenities, but also to top talent, mentoring, venture capital, and blue-chip brands representing millions of potential customers. RocketSpace is an ideal accelerator for seed-funded startups to take advantage of top tier resources, boost their business, and connect with other tech-centered companies.
“I know that with all the tools available to us via RocketSpace, GroupingMall will only become more successful in its mission to promote merchants through social media while saving people money,” said Kirkland
To learn more about GroupingMall visit http://groupingmall.com.