What exactly is ROAR! ? more below...
ENCOUNTER TECHNOLOGIES ANNOUNCES ROAR AS ITS FIRST TECHNOLOGY PRODUCT.
August 8, 2011 (MMD Newswire) -
Encounter Development Technologies, Inc. (Encounterdt.com) (PINK: ENTI),
specializing in social media, video technologies, and online
streaming solutions, announced today the unveiling of its new
"ROAR!" Social Media sharing tool that allows users to
earn points that can be redeemed for cash and/or prizes just by
"ROARING!" about their favorite products and places to others
who belong in their Social Networks.
"This is an exciting time for us and our Investors,"
stated Encounterdt CEO Thomas Hargis. "We are taking Social
Networking to the next logical place, monetization."
According to Hargis, the premise is simple. People share their
likes and favorites with people in their Networks, and the
click-throughs to the sites people LIKE earn points for the
posters. Each click adds to the poster's "Prides," earning them
points they can exchange for both cash and/or prizes.
"ROAR!" is a broad-based way to monetize your Social Network
that works regardless of what, or which Platform you have built
your following upon. Most Platforms don't pay their Users, and
the few that do make it extremely difficult for Users to get a
fair share. That's what makes "ROAR's!" concept and
marketability so unique," Hargis said in a CEO Podcast
today (August 08, 2011).
He goes on to explain that this concept gives an incentive to
Users to share their likes and locations, and gives Advertisers
the opportunity to target specifically the Users they
are seeking on their sites, apps, and brick-and-mortar locations.
"The biggest incentive for Advertisers here is that not only
do we have highly targeted End User reach, but we have
stop-gaps built into our algorithm that prevents false click-throughs
and over-clicking," Hargis said.
"It's more cost-effective for the Advertiser, more targeted,
and builds on the friend referral system that makes Social
Networking so effective as a Marketing tool."
Hargis adds that he knows businesses appreciate the referrals
they get from customers, and they know it's good business to
reward those people who want to help promote you. "ROAR!" gives
Advertisers what they are looking for and End Users the rewards they deserve.
"It really is a win-win," stated Hargis. "While this
Project is in development now, we will Announce the public
phase of the BETA-Testing in the coming weeks, and certainly
invite our Investors to give it a try. Once we move out of
BETA, we go full-steam-ahead and onto some of our other big
Projects that we have waiting in the wings."