Boomerang Networks Taking the Covers Off Its Advertising Offers Service

Boomerang Networks has spent the last year quietly building an advertising offers service designed to take on established players like Offerpal and Super Rewards. Now, it's taking the covers off. Every offers company is busy trying to optimize which ads appear to which users. Boomerang's offer wall includes thumbs-up and thumbs-down buttons so users can vote on which ones they like. That's the beginning: the company combines this user feedback with user comments, profile data -- as Facebook's and others' terms of service allow -- as well as number of clicks. Then, it analyzes the data to figure out which types of offers make the best fit between the user base (by country, age and sex), the category of application, and the price the users are typically willing to pay for the offers relative to the game. When users interact with the resulting offers, Boomerang gathers more information on their behavior and further optimizes the offers. It also has a customer service team pre-screen for deceptive offers, it says, and won't repeatedly show offers to users who take them or vote them down. The company has made internationalization a priority. Chief executive Honor Gunday tells us it has deals with more than 130 advertising networks around the world, so it is able to filter offers to be relevant to users in specific places. He provides a rough breakdown of what this looks like. For medium to high-engagement games in the US, offers can bring in from $1.00 to $1.50 per user; in southeast Asian countries, $0.50 to $0.80; in Latin America, $0.10 to $0.20. The offer wall includes some other notable features. It has direct payments from more than 60 providers around the world. Although some are available through payment aggregators like PayByCash, Gunday also says that it has brought in some options not available through most rivals, such as Cherry Credits in Southeast Asia. The wall also provides categories of offers by content type and popularity, and shows banner ads. To make the experience easier for users, it also provides a detailed customer feedback form about each offer, and provides a window showing pending payouts and past offer votes. Users also can click to view a full "customer relationship management" interface showing them the following information about each completed offer: title, date taken, status, earned or expected amount of virtual currency, payout timeframe, and user-generated quality ranking. Boomerang's current publicly-named clients include TheBroth and Hitgrab, and is in talks with more. The service is now live for apps on Facebook, MySpace, Hi5 and Bebo. Boomerang has raised a round of funding from angel investors, but the amount has not been disclosed.

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Boomerang Networks Taking the Covers Off Its Advertising Offers Service

Eric Eldon

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Eric Eldon