LONDON, Oct. 8, 2012
LONDON , Oct. 8, 2012 /PRNewswire/ — TagLikeMe Corp. (“TagLikeMe” or “the Company”) (OTCQB:TAGG), a social media development company, has launched a new user trial campaign in order to drive over five million new unique views to its website TagLikeMe.com over a 30-day period.
The trial, which is designed to expose new, unique viewers to the powerful social search and sharing capabilities of the TagLikeMe platform, is expected to add significantly to the site's growing traffic and generate a large number of repeat users who are likely to adopt TagLikeMe as a primary social search and share application.
In a previous 30-day trial, TagLikeMe received over 200,000 unique views with an industry leading return viewer rate of over 12%. Using this figure as a guide, TagLikeMe could increase its user base by as much as 600,000 eyeballs in a one-month timeline.
According to the social media site Backupify, the average value of each repeat user is close to $56.00 per person, formulated by calculating a social media companies' estimated market value divided by the number of its current total users. Based on this formula, repeat usage by 600,000 users could add an estimated $33.6 million value to TagLikeMe Corp's market value in the coming quarter.
“Once people try it, they immediately understand why TagLikeMe is so useful and powerful”, states Richard Elliot-Square Chairman and CEO of TagLikeMe Corp. “That has been reflected in our high adoption rates. So, we are intensifying our initial drive to build our user base and critical rankings, including Alexa rankings, by pushing large amounts of new users to try the site. This adds value, as we bring on new users who return, but also gives us the ability to grow on what we feel is a “seeded” viral path. People try TagLikeMe and immediately reach out to others in their social network via our unique interface. We think trials are an excellent method to build adoption of our site and technology. We could double and triple our current traffic over the immediate quarter simply by employing this practical approach.”
As an added benefit of the new user trial, TagLikeMe's technical and development team will be able to utilize the detailed analytics from the trial to further improve the social search and share capabilities. Important data such as the time spent on the site and most used search and share tools will help shape the understanding of the site usage for future improvements and enhancements.
Management expects to complete the trial and associated evaluations during Q4 2012.
About TagLikeMe Corp.
TagLikeMe Corp. owns and operates TagLikeMe.com, an Internet services platform that combines the most commonly used functions of search and social media interaction in one destination. TagLikeMe.com allows individuals to search the Internet by using the top three search engines of Yahoo™, Bing™ and Google™, in addition to viewing related activities from popular social media based sites such as Facebook™, YouTube™, Twitter™ and Wikipedia ™ in a single search inquiry. It also gives searchers the opportunity to connect, chat and share with others worldwide that might be searching similar topics. This adds a much-needed human element to search and online social interaction.
For more information see www.TagLikeMeCorp.com.
Cautionary Statement Regarding Forward-Looking Information
This press release may contain certain “forward-looking statements” relating to the business of TagLikeMe Corp. All statements, other than statements of historical fact included herein are “forward-looking statements” including statements regarding the advantages of TagLikeMe's products and services, anticipated advantages resulting from the merger, whether funding anticipated from completing the merger will result,, successful completion and development of the social media component of the business and its market acceptance, the business strategy, plans and objectives of the Company and TagLikeMe Corp.; and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as “believes,” “expects”, “intended” or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results and ultimate corporate actions could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including the perception of investors of the newly merged company and their willingness to fund this newly public company, the demand for a social media site and viability of it for advertising, new products and services developed by other companies, market share garnered by competitors, ability to maintain customer and vendor relationships, and those factors discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov), among other factors. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.
SOURCE TagLikeMe Corp.