Penny
Overview
Penny AI is a social sales enablement platform that leverages artificial intelligence to empower social sellers with tools for prospecting, customer care, learning, and business intelligence. The platform is designed to drive sustainable business growth by automating tasks, providing data-driven insights, and enhancing communication and learning processes for sellers. Penny AI aims to improve seller productivity, increase new business, and nurture long-term customer relationships.
Industry: Social Sales
Ideal Customer Profiles: Penny AI's ideal customers are direct selling companies and social sellers who are looking to enhance their sales processes through automation and AI-driven insights. These customers are typically involved in network marketing and require tools to manage customer relationships, improve sales efficiency, and provide continuous learning and onboarding for their teams.
Website: getpenny.com
LinkedIn: http://linkedin.com/company/getpenny
Products
Social Sales Enablement Platform
Penny AI's platform automates sales tasks and provides AI-driven insights to enhance seller productivity and customer engagement.
Features
AI-Driven Daily Actions
Description: The platform provides daily actions driven by AI to guide sellers in their prospecting and customer follow-up activities. This helps in building repeatable behaviors that lead to new business growth and exceptional customer care.
Benefit: Sellers can focus on high-priority tasks, leading to increased productivity and sales growth.
AI Script Generation
Description: Penny AI generates customized scripts for sellers, adapting in real-time to different sales scenarios and integrating relevant data to craft messages.
Benefit: Sellers can communicate more effectively with prospects and customers, leading to better engagement and conversion rates.
AI-Enhanced Learning Modules
Description: The platform offers AI-driven learning modules tailored to the company's needs, providing a micro-learning experience that is integrated into the seller's workflow.
Benefit: Improves training processes and enhances seller performance through personalized learning paths.
Automated Task Management
Description: Penny AI automatically generates a daily to-do list for sellers, prioritizing tasks based on their potential to generate income.
Benefit: Helps sellers manage their workload efficiently, ensuring that they focus on tasks that drive sales.
Team Activity Tracking
Description: The platform tracks team and downline activities, generating tasks to celebrate wins and nurture underperforming team members.
Benefit: Facilitates team growth and motivation by recognizing achievements and addressing performance issues.
Learning & Onboarding Solutions
Penny AI provides a science-driven learning experience with micro-learning modules that are validated by social sellers and driven by data insights.
Features
Science-Driven Learning
Description: The learning modules are developed based on the latest research in behavioral and brain studies, ensuring that the content is effective and engaging.
Benefit: Enhances the learning experience by providing scientifically validated content that improves retention and application.
Actionable Micro-Modules
Description: Each learning module is designed to deliver actionable outcomes, helping sellers build the necessary knowledge and skills to succeed in their roles.
Benefit: Ensures that learning is practical and directly applicable to the seller's daily activities.
Gamification and Micro-Assessments
Description: The learning experience is gamified, with micro-assessments that reward positive habits and maximize retention of information.
Benefit: Increases engagement and motivation among sellers, leading to better learning outcomes.
Customized Learning Paths
Description: Sellers can navigate through customized learning paths that are self-directed and presented in a bite-sized format for easy consumption.
Benefit: Allows sellers to learn at their own pace and focus on areas that are most relevant to their needs.
Custom Content Integration
Description: The platform allows for the integration of custom content, such as product information and compliance guidelines, into the learning modules.
Benefit: Ensures that sellers have access to relevant and up-to-date information that is critical for their success.
AI-Powered Prospecting & Customer Care
Penny AI automates prospecting and customer care tasks, providing sellers with insights and tools to enhance customer relationships.
Features
Automated Follow-Up
Description: The platform automates follow-up tasks, ensuring that sellers maintain regular contact with prospects and customers.
Benefit: Helps sellers build and maintain strong relationships with their customers, leading to increased sales and customer loyalty.
Social Media Integration
Description: Sellers can add contacts directly from social media platforms, streamlining the process of building their network.
Benefit: Expands the seller's reach and allows for more efficient prospecting.
Contact Categorization
Description: The platform categorizes contacts to help sellers prioritize hot prospects and focus their efforts on high-potential leads.
Benefit: Increases the efficiency of prospecting efforts by directing attention to the most promising leads.
Data Synchronization
Description: Customer and order data are synchronized within the platform, providing sellers with up-to-date information for tailored outreach.
Benefit: Enhances the seller's ability to provide personalized customer care and improve sales outcomes.
Relationship Building Reminders
Description: The platform provides regular reminders to sellers to engage with their contacts and build relationships.
Benefit: Ensures that sellers maintain consistent communication with their network, fostering long-term customer relationships.
Revenue Acceleration Programs
Penny AI offers programs focused on income-generating tasks and business growth, using gamified experiences and targeted training.
Features
Income-Generating Focus
Description: The programs are designed to focus on tasks that directly contribute to income generation, helping sellers increase their sales.
Benefit: Drives business growth by ensuring that sellers concentrate on activities that have the highest impact on revenue.
Business Building Challenges
Description: Sellers participate in challenges that are dedicated to building their business, fostering competition and motivation.
Benefit: Encourages sellers to push their limits and achieve higher sales targets.
Gamified Experiences
Description: The programs include gamified experiences that promote repeat order growth and customer retention.
Benefit: Increases customer loyalty and repeat business through engaging and interactive activities.
Sustainable Sales Training
Description: Training sessions are tailored to teach sellers how to increase their sales in a sustainable manner, focusing on long-term growth strategies.
Benefit: Equips sellers with the knowledge and skills to achieve consistent and sustainable sales growth.
In-App Campaign Communication
Description: The platform facilitates regular communication within the app to keep sellers engaged with ongoing campaigns and updates.
Benefit: Enhances seller participation and ensures that they are informed and motivated throughout the campaign.
Team Management & Growth Tools
Penny AI provides tools for tracking team performance and nurturing growth, with features for celebrating achievements and addressing performance issues.
Features
Team Activity Tracking
Description: The platform tracks the activities of the seller's downline and team, providing insights into performance trends.
Benefit: Helps leaders identify areas for improvement and recognize high-performing team members.
Celebration and Nurturing Tasks
Description: Tasks are automatically generated to celebrate team wins and nurture underperforming members, fostering a positive team environment.
Benefit: Boosts team morale and encourages continuous improvement among team members.
Content Sharing
Description: Leaders can share top-performing scripts and content with their downline, providing them with valuable resources for success.
Benefit: Empowers team members with proven strategies and tools to enhance their performance.
Contact Segmentation
Description: Contacts can be segmented into lists based on the seller's requirements, allowing for targeted communication and outreach.
Benefit: Improves the efficiency of communication efforts by enabling sellers to tailor their messages to specific groups.
Daily To-Do List
Description: A daily to-do list is automatically generated for sellers, prioritizing tasks that are most likely to generate income.
Benefit: Ensures that sellers focus on high-impact activities, leading to increased productivity and sales.
Quantitative Benefits
"26% increase in Active Associates"
"280+ Orders placed as a result of tasks completed during Power Week"
"$32,000+ in order revenue"
"171% increase in new prospects"
"38% increase in reaching out to potential new sellers"
"140% increase in reach outs to potential new customers"
"175% increase in new customers"
"217% increase in customer check-ins"
"206% increase in reconnecting with past customers"
"More than 35% of existing direct selling companies are anticipated to incorporate affiliate programs, emphasizing straightforward selling and offering attractive commissions ranging from 15% to 40%."
"99% of sellers who complete the Penny Learning Modules give it a thumbs up 👍"
"Since its launch in 1994, Mannatech has invested more than 50 million in research and development, and currently, has more than 90 patents in major global markets."
"Mannatech, Incorporated, is committed to transforming lives through the development, marketing, and sales of high-quality, proprietary nutritional supplements, topical and skin care and anti-aging products, and weight-management products distributed through its global network of independent associates and members. The company has been operating for more than 25 years with operations in 25 markets."
Testimonials
"If you're looking to kickstart your Penny experience a Power Week is the way to do it."
Celine Egan, CEO at Juice Plus+ AUNZ
Source: Penny AI - the AI-powered platform transforming social selling 🚀
"We chose Penny because the team shares our vision and commitment to empowering our associates with the best technology for their success."
Landen Fredrick, Chief Sales & Marketing Officer at Mannatech
Source: Penny AI - the AI-powered platform transforming social selling 🚀
"With Penny I never lose track of anyone. I'm reminded who I need to talk to, when and what about.I tell everyone with a new team member to start them with Penny from day one."
Colleen Nichols, Founder at DSGC & No Shame Sales Game
Source: Penny AI - the AI-powered platform transforming social selling 🚀
"The Penny app is the most impressive CRM business system I've seen for the network marketing industry. Penny eliminates the guesswork from our day to day."
JJ Birden, Associate at Isagenix
Source: Penny AI - the AI-powered platform transforming social selling 🚀
"If you're looking to kickstart your Penny experience a Power Week is the way to do it. The Penny team were incredible with giving us the framework and then tailoring it to our goals. All our sellers had such a fun time, but they also saw impressive results in just one week. Really helped prove the value of using Penny to our team and I'm excited to see this growth continue."
Celine Egan, CEO at Juice Plus+ AUNZ
"Thanks to my tasks in Penny I have a new teamie today."
"I got 3 shake customer's from yesterday."
"Grateful for these trainings."
"Love the scripts, helps soooo much."
"Omg!!!! Really!!! Yay!!! I'm on 🔥 Absolutely loving Penny and how easy it is to manage my business with its support. "
"I would use this for all my new team members. It's great for learning the sales process, taking action, and motivating people to stick with it. It also gives concrete talking points your upline can help address"
Jenny, Team Leader
"Innovation is at the heart of Mannatech. We are transforming the world through cutting edge nutritional tech and transforming the lives of micro-entrepreneurs with intuitive technology, facilitating their own turn-key thriving businesses. From our product lines to our processes, our mission is to be a force for good in the world. We chose Penny because the team shares our vision and commitment to empowering our associates with the best technology for their success."
Landen Fredrick, Chief Sales and Marketing Officer at Mannatech
"Mannatech is redefining how technology is used to identify performance trends and drive business decisions. At Penny, we firmly believe that marrying the power of social selling with AI and field empowerment will set this industry up for long-term success when it comes to social commerce. We're delighted to partner with Mannatech to support their digital transformation journey, drive revenue growth and empower their associates to build long-term authentic relationships while finding the work-life balance they were looking for in a direct sales career."
David Abbey, CEO & Co-Founder at Penny AI
Customer Stories
Juice Plus+ AUNZ
Problem: Needed to kickstart their Penny experience and build seller engagement
Value Add: Implemented Power Weeks to build winning habits and engage sellers
Outcome: Successfully kickstarted their Penny experience and built seller engagement and winning habits
Source: Penny AI - the AI-powered platform transforming social selling 🚀
Mannatech
Problem: Needed to empower associates with the best technology for their success
Value Add: Provided a platform that aligned with Mannatech's vision and commitment to empower associates
Outcome: Chose Penny as their technology solution to empower associates for success
Source: Penny AI - the AI-powered platform transforming social selling 🚀
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