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Archive for May, 2009

Join us at the Social Gaming Summit

social gaming summitThe Social Gaming Summit is perhaps the best event for game developers to get together and learn how to make better, more engaging, and more profitable social games, and Offerpal is proud to be sponsoring and speaking at the event once again this year.

The Social Gaming Summit 2009 is a one day event focused on the intersection of games and the social web. This year’s event will focus on helping social games developers build, monetize, and grow their social games. They’re bringing together the leaders in free-to-play games, social networking, and payments infrastructure for a full day of panels and talks.

Offerpal’s CEO, Anu Shukla, is speaking on the panel “Customer Acquisition and Retention for Social Games,” alongside Jia Shen of RockYou, Greg Tseng of Tagged and James Currier of WonderHill. Offerpal is also a platinum sponsor, so be sure to stop by our table and hear about our latest developments!

Debunking Myth #4: Your Brand Is At Risk By Associating With User Generated Content

To wrap up our series on debunking the myths of social advertising, this week we’d like to address the perception that associating a brand with user-generated content is somehow risky or bad for business.

The ever-expanding world of social media empowers users to share their expertise, opinions and interests with others through their own writings, photos and commentary, and little can be done to control where and what is posted. Social networks provide the framework in which these conversations happen, and while the open forums and communities do provide an unparalleled opportunity for brand promotion, the risk of losing control of the message and brand is a valid concern.

One thing to keep in mind, however, is that brands have always been shaped by word-of-mouth — the advent of the Web has simply increased the speed at which this happens. Treading carefully is the key to success, along with authenticity and transparency. Many companies have taken advantage of social networking to enhance their brand, reach out to new markets, and deepen their relationship with existing customers. While participation in these networks can introduce risk, it also creates tremendous opportunity for success at a very low cost.

There are also ways to lower the risk factor and engage with consumers, while having complete control over your brand and how it is perceived. Working with a company like Offerpal Media is one way to do this. At Offerpal, we have a deep understanding of social network users and how they interact with each other. We apply that expertise to develop advertising campaigns that engage and entertain your target audience with compelling messages that actually become part of the social experience itself –- by embedding your ad in hundreds of the most popular social networks and online community sites. Working with Offerpal is a surefire guarantee of preserving the integrity of your brand.

So from a branding perspective, social media may have some risks, but if you take the right precautions –- and work with an expert in the space — there are ways to negate these risks and successfully leverage this incredibly powerful means to quickly creating a strong brand.

Offerpal Voted TiE50 Winner for 2009

Tie50_winner_LogoOfferpal Media has just been announced as a winner of the TiE50 Awards, selected from nearly 1,200 nominated companies representing the hottest emerging tech startups. Offerpal was honored in the Consumer Web category.

While the TiE50 winners are diverse in terms of size, progress, maturity and location, they share a common thread of innovation, ingenuity, strong management teams and overall quality of ideas. This years winners were noted for exhibiting strong momentum in the entertainment, security and performance enhancement segments, reflecting the current market needs and future growth areas.

The TiE50 judging process was conducted by over forty prominent entrepreneurs, venture capitalists, corporate executives and other domain experts. More than 50,000 votes were cast in a little over two weeks.

Offerpal is proud to be a winner among such a stellar selection of our industry peers and we’d like to thank everyone who voted this year to help us achieve this feat.

$500 Million in the Facebook Platform?

venturebeat_bannerWhen we first launched Offerpal nearly two years ago, virtual goods were being offered by only a small percentage of social games and applications. Today, they are found practically everywhere you turn, and they account for a significant majority of all revenues being earned through social web sites and online games.

Eric Eldon over at VentureBeat published an article today claiming that approximately $500 million will be made this year through the sale of virtual goods on the Facebook platform alone. It’s an interesting breakdown of the major players in the space, with valuable inights into how it could continue to evolve (hint: look east, as in towards China).

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