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	<title>ResellerRatings</title>
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	<description>Been there, bought that</description>
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		<title>What we&#8217;ve been up to</title>
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		<pubDate>Mon, 15 Feb 2010 06:42:18 +0000</pubDate>
		<dc:creator>sothy</dc:creator>
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		<description><![CDATA[The company is focusing on three areas to drive growth. First is syndication of its reviews data to third parties such as Google Products, Bing Shopping, TheFind, and ShopWiki (all current deals). Syndication increases the influence of the brand, increases traffic, and increases the importance of the company’s Merchant Member reputation management subscription program for online [...]]]></description>
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<p>The company is focusing on three areas to drive growth. First is   syndication of its reviews data to third parties such as Google   Products, Bing Shopping, TheFind, and ShopWiki (all current deals).   Syndication increases the influence of the brand, increases traffic, and   increases the importance of the company’s Merchant Member reputation   management subscription program for online retailers. Second is social   media: ResellerRatings has begun to add various social features to the   site to make it easy for reviewers to share their reviews with their   social network and to see which online retailers are trusted by their   friends. Last is referral partnerships: The company will partner with   any other company that already claims substantial online retailers as   customers, with the rationale that their customers need ReselleRatings’s   reputation management tools, and ResellerRatings can share in   subscription revenue, offering the partner an incremental revenue   source.</p>
<p>Wainner, who is the CEO, is also expanding the management team. Until   now he has been the entire team, managing a virtual company of seven  to  ten people on his own. This year, he is making strides to shift the   company into a functional structure to enable accelerated growth. He  has  hired people in areas such as Web development, design/UX, project   management, and social media marketing and has identified a candidate   CTO.</p>
<p>With the two developments discussed above, Wainner believes that it   can now be said that ResellerRatings has a substantial impact on the   click-through rates and overall performance of every online retail   Google AdWords, Google Products, Bing Shopping advertiser. Wielding this   influence has significant financial value to any number of large  brands  (e.g., Yahoo! Store, Yahoo! Shopping, Microsoft, Nextag,  Pricegrabber,  Shopping.com, eBay), via acquisition. The acquirer would  obtain 450,000  high-quality customer reviews of which 80% are positive,  a robust  reputation management customer interaction platform, 600  online retail  monthly subscribers with associated recurring revenues,  and the ability  to drive substantial performance and CTR increases for  every AdWords,  Google Products, and Bing Shopping advertiser. Or, for  similar brands  that don’t yet have their hand in online retail (e.g.,  Yelp), an  acquisition would enable their entry into the market.</p>
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