8/24/09

TurnTo Delivers Significantly Enhanced Social Shopping Experience to Current & New Partners

Katie Evans , Managing Editor, International Research

TurnTo Networks Unveils Major Upgrade to the TurnTo Social Shopping Widget, Welcomes 17 New Partner Sites

August 18, 2009 – New York, NY – TurnTo Networks, Inc. has launched a major upgrade to the TurnTo Social Shopping Widget that offers new features to provide shoppers with more connections to trusted sources of advice with less effort.

TurnTo is also welcoming 17 more ecommerce websites to the network. These new partners are joining the TurnTo network of online stores, travel portals, and non-profit sites, all of which have upgraded to the new version.

The new TurnTo system offers expanded capabilities that foster shopper trust and provide social information to aid in purchase decisions. A shopper can now anonymously identify the number of their friends who are past-customers of a TurnTo partner store simply by entering a friends list from a source like Facebook or an email address book. If the shopper has questions, the store can ask those past-customers to serve as references, which connects them to the shopper. This strengthens the ability of the TurnTo system to find “trusted references” for shoppers by leveraging the store’s entire customer base, while completely preserving customers’ privacy.

Additionally, all shoppers – even those who do not enter a friends list – will now have access to basic social shopping information that drives increased conversion rates and raises average order value; this includes data such as which items are popular among their neighbors, which items have been highly recommended recently, and which items are hot sellers overall.

“We are delighted to see the enhancements included in the newly released TurnTo social shopping widget. It represents a big step forward with just the features we needed, and one that puts us on the cutting edge of Social Shopping,” said Amitai Sasson, Marketing Manager of OverstockArt.com.

“It will boost our bottom line,” said Sherry Comes, President and Founder of CoffeeCakes.com. “With this new version, TurnTo figured out a way to deliver trusted reference information to our shoppers from day one.”

“We’ve been listening to feedback from both shoppers and our merchant partners,” said George Eberstadt, TurnTo CEO and Founder. “Both groups want the system to deliver more trusted reference information to more shoppers more easily. Our enhanced system makes that happen. We already saw substantial lift in conversion and average-order-value from the old system, and we expect the results after this upgrade to be even better.”

Welcoming New Merchant Partners

The TurnTo network has grown steadily since its launch in 2008, representing a diverse group of online merchants who recognize that people are more likely to buy from a store where they see their friends shop. TurnTo is welcoming 17 additional online merchants that have recently joined the TurnTo network and are already live or will be shortly. These new partners include:

About TurnTo

TurnTo activates word-of-mouth by enabling visitors to an ecommerce site to see when friends have experience with the site and the products it sells. For the shopper, TurnTo provides trusted sources of advice at just the moment they are most needed. For the merchant, TurnTo increases conversion rates, raises average-order-value, and makes their site a better place to shop. More information about TurnTo and its partner sites is available at www.turnto.com.

Contact:

Sadie Upchurch

Glinting Communications
678.561.0474

sadie@glinting.com

George Eberstadt

TurnTo Networks, Inc.

212.721.1160

george@turnto.com

Topics:

business finance, Hutchison 3G, Shopper Marketing, Shopping, Technology Internet

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