Subscription sharing is the new trend and Gowd is at the forefront of it. If you are a subscriber, issuer, owner or seller of a subscription based service, Gowd allows subscription sharing on any platform at deeply discounted prices. Found Vivek Shah will be sharing more details with us in this interview with TechBullion.
Please tell us more about yourself?
I am Vivek Shah, the founder of Gowd. I worked in the tech industry for over ten years. I graduated cum laude from University of Illinois-Chicago with a Bachelor’s of Business Administration degree.
What is Gowd and what unique services do you provide?
Gowd is a marketplace where users can share their subscription accounts with anyone around the world. Similar to eBay, we provide a platform where sellers (sharers) list their accounts to virtually any subscription service, and buyers are able to subscribe to these listings for a fraction of the subscription’s cost by sharing with the seller and other buyers. There’s a chatroom that enables all users to have a listing chat where they are able to discuss topics such as how reliable the seller is or the quality of the subscriptions.
Could you explain your thought process and inspiration behind the creation of Gowd?
When I was developing a previous app, I was in need of an SEO tool that was expensive; however, it did allow multiple seats, depending on the tier level. So I contacted some of my friends in hope to split the cost with someone. Then it dawned on me that I could theoretically create an entire marketplace where users can share their subscriptions with each other for a fraction of the cost.
What is Subscription Sharing, Could you give us a walkthrough of how the Gowd platform works?
Subscription Sharing is the sharing of subscription accounts with other users. A buyer can subscribe to many listings and all the subscription details are in one centralized place: Gowd. Keeping track and remembering the cancelation policies of each service provider is a thing of the past: It’s all on Gowd. No need to enter credit card information on so many different websites. Gowd does not even do recurring credit card billing because we only use funds that the user specifically added to his/her Gowd Wallet.
Since some other subscription platforms allow for multiple user access, what makes Gowd unique and what are the success stories so far with users?
Generally, multi-user access sites provide a set number of user access to an account. The account owner usually has a pre-existing relationship with the user that is being granted access. When a person does not know who might have access to a particular account, a quick search on Gowd can instantly provide access to that account.
Sellers on our platform have saved over 80% on their subscription costs.
So far we have received an overwhelming amount of positive feedback from our existing users. To a small degree, Gowd has a social aspect to it as well because users are able to chat with each other about their subscription account. One user suggested to us that we should add a social media component to the site so that users can get to know each other on a more personal level.
Who are your customers, what type of subscription accounts can you sell on Gowd and how does the buying process work?
Our customers come from all walks of life. Being a global marketplace, we have users from all over the world. We currently have users from over 40 different countries, including India and Ukraine.
Many may think that we only have TV or movie streaming services but sellers offer everything from music to newspaper/magazine subscriptions. There truly is something for everyone on the platform.
Sellers must know the subscription account’s limitations. Buyers must first add funds to their Gowd Wallet, then browse through the listings on Gowd, and click Subscribe. The buyer is provided with instant access to the subscription account’s login details.
At what stage of development is the Gowd platform at and what is next on your roadmap?
Gowd officially launched in August of 2022. We plan on continuing to add a wide range of features including an enhanced version of identity verification for added protection and an escrow service for transfer of digital assets.
Do you have any available opportunities for investors and partnerships at Gowd?
At the moment we are not seeking any investors. We welcome any partnerships, especially from the subscription services themselves.
How can Gowd help users save money especially during this high cost of living crisis, do you have more tips for our readers?
Gowd buyers can save an average of 85% off what the subscription services normally charge. That’s quite a steep discount. Gowd sellers can offset their subscription’s cost by sharing it with Gowd buyers.
For more information, visit the website: https://www.gowd.com/