RSS feed Get our RSS feed

News by Topic

BizReport : Ecommerce archives : August 23, 2010

Report: Consumers react to seals of approval

Have you ever wondered if the seal of approval is a worth-while investment? A new report indicates that an online seal of approval helped one business increase revenue by 75%, not bad in a struggling economy.

by Kristina Knight

verisignjpg.jpgAccording to information from Symantec, their VeriSign Trust Seal helped to push online registrations for Clean Energy Expert's MyEnergySolution by more tha 137%.

Revenue for the business also increase by 75% after implementing the VeriSign Trust Seal.

VeriSign Trust Seal is used within websites which do not require Secure Sockets Layer (SSL) Certificates; the sign, a circle with a checkmark, has become synonymous with security.

"VeriSign is the brand for trus online," said Eren Atesmen, co-founder of MyEnergySolution. "We wanted to go with VeriSign all along, so when we saw that the VeriSign Trust Seal was affordable and fit our budget, it just seemed like a no brainer...Our registration rate jumped by 137% in approximately 30 days. [We] also saw a 75% increase in our revenue. Finally, we've seen a 10% increase in traffic to the site."

The MyEnergySolution website helps consumers resource energy savings by lowering utility bills. Consumers who signed up through VeriSign received free home energy audits and solar consultations.

Businesses who sign up with VeriSign can take advantage of daily malware scans; this can help prevent a site from being black-listed by a search engine and gives consumers another reason to trust the site. Symantec estimates that the VeriSign Trust Seal is viewed 250 million times per day worldwide.

Tags: Clean Energy Expert, ecommerce, online shopping, seal of approval, Symantec, VeriSign

Subscribe to BizReport



Copyright © 1999- BizReport. All rights reserved.
Republication or redistribution of BizReport content is expressly prohibited without the prior written consent.
BizReport shall not be liable for any errors in the content, or for any actions taken in reliance thereon.