Archive for the ‘Company’ Category

Jan and Feb conversion lift numbers

Tuesday, March 2nd, 2010

These charts compare the conversion rate of shoppers who open the TurnTo widget to that of those who don’t on the largest sites in our network.

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First announcement of TurnTo performance data

Tuesday, January 26th, 2010

This will sound like self-promotional hyperbole, and I’m going to say it anyway.  When we started TurnTo a bit over 2 years ago, it was clear that the viability of the business hinged on delivering measurable, positive business results for the ecommerce sites we planned to have as customers.  But, of course, there was no way to know for sure what the numbers would look like without building a product and finding customers to really use it.  So we plunged in, built the product, brought merchant partners on board, gained experience, and put in place the systems to measure if we were really doing any good.  And today, in conjunction with three of our partner merchants, we announced some actual results.  So this is the self-promotional, hyperbolic part: it truly did not occur to me when we set out that we’d be able to deliver numbers this positive.  I thought if we would able to show a conversion effect of 10% or 20% we’d be doing pretty well.  And here’s the data from over the holidays for these three sites:

Conversion rate of shoppers who opened the TurnTo widget vs. the baseline (shoppers who didn’t):

Jomashop.com (IR #209) Watches and luxury goods: 6 X the baseline (i.e. 500% higher)

ChristianCinema.com, Christian-themed DVDs: 8X the baseline

ePartyUnlimited.com, gifts and party supplies: 8X the baseline

To be sure, we know we’ve got a lot more measurement work to do before we fully understand the effect the TurnTo system is having on shopping behavior.  But still, after 2 years, it’s very nice to be able to announce numbers like these.

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See you at Shop.Org next week.

Tuesday, September 15th, 2009

TurnTo will be in booth #212 at Shop.Org in Vegas next week.  Come by and see us.  Or shoot us a note at contact@turnto.com and let’s schedule a time to talk while we’re all there.  Oh, and we’re giving away a Kindle!

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AuctionBytes podcast from the Internet Retailer Conference

Friday, June 19th, 2009

I had fun during the Internet Retailer Conference this week chatting with Ina Steiner, Editor of the AuctionBytes blog.  We covered a lot of topics in a short time.  She has posted the conversation as a podcast.  Enjoy.

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Stop by and visit TurnTo at the Internet Retailer Conference

Tuesday, June 16th, 2009

If you are in Boston today or tomorrow, please come by and visit us at the Internet Retailer Conference.  We’re in booth #947.  And in case the pleasure of meeting us isn’t enough incentive — we’re giving away a Kindle.

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TurnTo is in the Wall Street Journal today

Tuesday, June 2nd, 2009

Here’s the full article: http://bit.ly/14Wl0n

And here’s what they have to say about us:

New York-based TurnTo Networks Inc., for example, which was launched in September, helps retailers link their customer accounts with social-networking accounts and email accounts using Facebook Connect and other tools. TurnTo charges retailers a percentage of the revenue from sales attributed to the system.

Tea retailer Teavana Corp. is a TurnTo client. Jay Allen, Teavana’s vice president of e-commerce, says the conversion rate—a measure of how many shoppers make purchases—for people who use the application is 20% higher than the rate for others, and their average orders are slightly more expensive.

TurnTo founder George Eberstadt says preliminary data for the company’s first 20 clients show that using TurnTo tends to increase conversion rates 20% to 50% and builds traffic to retailers’ sites. Some 700,000 new users, for instance, have come to computer retailer CompSource Inc.’s site through its TurnTo application since July. TurnTo is “a lot better than average” in terms of price per new customer compared with pay-per-click advertising, says Dean Bellone, CompSource’s president.

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Vote for TurnTo for the Silicon Alley Awards

Wednesday, May 6th, 2009

In addition to the very nice recognition we just received from AlwaysOn, TurnTo has been nominated for the Silicon Alley Awards in the “Most Loved Product” category.  If you like what we’re doing - or even if you just appreciate the potential - please vote for us.  It’ll only take a moment.

http://tinyurl.com/cl4u7l

Thank you thank you!

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TurnTo wins 2009 AlwaysOn East 100 Award

Wednesday, May 6th, 2009

There are many stellar businesses on this list.  We’re honored to be included in their company.

The AlwaysOn East 100 Award is given to private, emerging technology companies creating new business opportunities in high-growth markets. TurnTo was selected by the AlwaysOn editorial team based on demonstration of growth, market opportunity, quality of innovation and customer traction.

“It’s no secret that technology and innovation are vital to bringing our country out of economic recession,” said Tony Perkins, founder and editor of AlwaysOn.  “The companies on this year’s list have not only created innovative technologies that solve real business problems, but have stimulated economic growth through the generation of new jobs. I congratulate every winner selected for this year’s award and wish them all tremendous success in the future.”

You can read more about the award here: The AlwaysOn East 100.

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Nonprofits, especially, can benefit from Trusted Reference Systems

Thursday, April 23rd, 2009

We’re looking forward to the Nonprofit Technology Conference (NTEN) this Sunday - Tuesday in San Francisco.  If you’re there, please come by and see us in Booth #42.

And on that topic: here’s a link to a press release Earthwatch just put out on their expanding use of TurnTo to increase volunteer recruitment though their website.  We’re thrilled, since Earthwatch provided the inspiration that led to TurnTo.

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TurnTo presentation at OnMedia - Part 2

Wednesday, February 4th, 2009

Here’s our second presentation from day 2 at the OnMedia conference.  This one is a straight-up product demo and company backgrounder without the “theory” from yesterday.  The TurnTo part runs from min. 36-46.  (As with yesterday’s, we’ll swap in the individual video once we get it from the conference.)

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