Jebbit, paving the way in business startups
BOSTON, MA --Jebbit and thirteen other members of TechStars, the world's .1 business accelerator, Boston Spring 2013 class took to the stage at House of Blues on Thursday morning to showcase their innovative businesses and their progress since the beginning of the program.
As online users become better at avoiding online advertising, brands continue to search for a reliable channel for digital advertising performance. Jebbit was founded on the promise of guaranteed engagement,providing performance with every ad dollar spent.
On Thursday, Jebbit announced its expansion to an interactive online ad network of 18 million unique consumers, with the partnership of several publishing partners.This expansion allows third-party websites to implement Jebbit interactive ad units all across the web, providing exemplary performance to brands and a rewarding engagement experience for the consumer.
While Jebbit has expanded from a destination platform to an expansive network,its commitment to its pay-per-performance model is consistent.Jebbit utilizes existing online content and engages consumers by posing interactive questions about the content displayed. Jebbit's model incentivizes consumers to explore and interact with brand's existing web content, turning a simple webpage into an interactive campaign.
To date,over 1,000,000 questions have been answered on Jebbit. This model ensures consumers understand a brand's message, allows brands to identify potential consumers and target them, making marketing more efficient. In return for engaging, consumers are given monetary and exclusive rewards,making the interaction mutually rewarding. Jebbit users have already collectively earned over $100,000 by visiting Jebbit.com.
In addition to providing brands with valuable access and consumer activation, Jebbit's Cost-Per-Correct-Answer (CPCA(TM)) model provides brands with more value,as brands only pay when a consumer correctly interacts. Over 100 paying clients have already used Jebbit's interactive advertising model to educate, engage, and acquire consumers.
TechStars demo day served not only as a platform to demonstrate the progress Jebbit has made, but its vision for the future. Jebbit is not only changing the way brands and consumers view online content, Jebbit is building the next generation ad network.
About Jebbit: Jebbit has been named one of CNBC's Top 25 Most Promising Startups in the World, and been featured in BostInno's Coolest College Startups and Global Entrepreneurship Week Top 50 Startup Awards.
Founded in 2011, Jebbit started with a win at the Boston College Venture Competition and went on to win at Boston SharkTank. Jebbit is now a member of the TechStars Boston 2013 Spring Class, working with world-class mentors and thought leaders to change the way brands and consumers view online content.
About TechStars: TechStars is the .1 start-up accelerator in the world.TechStars provides seed funding from over 75 top venture capital firms and angel investors who are vested in the success of promising startup businesses, as well as intense mentorship from hundreds of the best entrepreneurs in the world.