Comodo's Usertrust Feedback To help eMerchants
 

Comodo, a Certification Authority and security company, recently launched UserTrust, a free social authentication platform for eMerchants. Launched earlier this year, the company states that UserTrust feedback platform is a free technology platform that has been adopted by eMerchants as their 'viral marketing in a box' technology platform.

The company also states that market research firm eMarketer predicts that U.S. spending on social networks will exceed $1.6 billion this year. Social networks and viral marketing are increasingly being recognized for their ability to tap into people's feedback as a conversion tool which helps drives revenue.

In addition the company explained that the current online marketing programs often rely heavily on targeting consumers via online advertising, hoping the ads reach the best demographic possible to influence their buying decisions. It also adds that this approach has limited success and value because it is both costly and hard to manage. Furthermore, as the BusinessWeek stated, online advertising effectiveness has been declining. Therefore, utilizing a feedback technology platform such as UserTrust, provides an important new opportunity to drive online conversion.

"Right now, the big challenge for online merchants is finding a way to simultaneously encourage user conversation and concurrently grow revenue," said Melih Abdulhayoglu, CEO and Chief Security Architect of Comodo. "The tipping point for online businesses is to nurture existing consumer feedback as proof or authentication of future behaviors of the online business. As a free technology, the UserTrust platform is becoming the foundation for these business building initiatives."