Tuesday, January 27, 2009

TrialPay Adds 5 Million Users in 54 Days

TrialPay says it has 20 million "users" of it's service.  That's amazing, because last December 3rd, in a press release, TrialPay announced that their user base had reached 15 million with 7500 retailers.

They remain at the same "7500 merchant level  but their new users are multiplying like rabbits.   I guess it makes sense,  cause, come to think about it,  I'm pretty sure that  rabbits "get it" for free too.  Still, that's a whopping 5 million newbies in the 54 days (7.71 weeks) comprising the period between 12/3 and 1-26. 

It also equivocates into the following:
  • 2,777,777 new users per month (1.8 months)
  • 648,508 new users each week (7.71 weeks)
  • 92,593 new users per day (54 days)
  • 3858 trial users per hour (24 hours per day)
  • 64 newbies per minute and
  • 1.07 new users per second...
A most impressive 54 day marathon (in a good economy) .  At this rate, they'll add 33,333,324 newbies wanting buy one/get one freebies by 1/1/10.  I guess in a bad economy, you can't beat free.   A clever idea, yes, but sometimes being in the right place at the right time can't be beat iether. 

E-Commerce Payment Platform TrialPay Shines in a Dark Economy
Despite recession, TrialPay achieves record sales, tops 20 million users

Mountain View, Calif. (PRWEB) January 27, 2009 -- TrialPay has just marked its most profitable quarter, charted its highest sales day on record and reached an astonishing 20 million users--all at a time when most businesses are struggling to attract customers. By offering consumers a free product with every purchase and helping more than 7,500 industry-leading merchants increase their online sales, this rapidly growing alternative payment system is proving to be a bright spot in a bleak economy.

"In the midst of a holiday shopping season with the worst sales drop in four decades, TrialPay witnessed its highest sales day ever, experienced its best quarter to date and doubled its user numbers in less than 6 months," says Alex Rampell, co-founder and CEO of TrialPay. "TrialPay offers an inventive way for shoppers to stretch their dollars while providing a creative way for online merchants to increase sales from their current traffic."

Through TrialPay, more than 7,500 premier merchants such as McAfee, Match.com and The Wall Street Journal give away their products or services for free when shoppers try or buy one offer from one of 2,000 blue-chip advertisers (e.g. send flowers from FTD, sign up for Netflix or buy clothes from Gap). TrialPay pays the merchant the full value of the free product--and often even more--using revenue from the advertiser.

Online shoppers in more than 100 countries worldwide have stopped shopping the old-fashioned way and started checking out with TrialPay to get a 2-for-1 with every transaction. As a result, the 2-½ year-old company earned its place in the top 5 alternative electronic payments, along with PayPal, Bill Me Later, eCheck and Google Checkout, according to Javelin Strategy and Research.

"TrialPay's innovative payment method continues to be a compelling choice for consumers as our tremendous growth rivals that of the biggest names in the payments industry," adds Rampell. "Reaching 20 million users at such a rapid pace proves that TrialPay shows no signs of slowing down, even in the middle a recession." To see TrialPay in action and get products from many premier brands for free, please visit: http://www.trialpay.com/shop

About TrialPay
TrialPay is the only payment method that increases a customer's willingness to pay. Visa, MasterCard, PayPal and other standard payment options process transactions but they do nothing to boost sales. TrialPay entices shoppers to complete their purchase by giving a 2-for-1 with every transaction. Shoppers get their original product for free by completing one offer from blue-chip advertisers. With TrialPay, everyone wins: merchants make more sales from their current traffic, advertisers acquire new customers on a pay-for-performance basis and shoppers get a free product with every purchase.
TrialPay works with more than 7,500 premium merchants, including McAfee, The Wall Street Journal, Skype, Match.com and other industry leaders in software, games, publishing, online services and retail. TrialPay currently has more than 20 million registered users and offers 2,000 ways to pay by transacting with name-brand advertisers. For more information, visit http://www.trialpay.com.


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