Archived Press Release
Krillion Launches
First Actionable Local Search Engine
Unique Localization Technology
Changes Way Ready-to-Buy Online Consumers
Find Stores and Products
Mountain View, CA – February 5, 2007 – Krillion™, (www.krillion.com), the leader in actionable local search, today unveiled its ground-breaking solution to the problem: why isn’t search local today?
Despite the fact that 75% of those who buy big-ticket items do all their research online and make over 90% of their purchases offline, today’s search engines typically are unable to find and deliver results pinpointing specific local stores with specific products.
Krillion solves this problem with its unique Krillion Localization Engine™ that scours the Web to find, integrate and present actionable local search results for the ready-to-buy consumer. As of today’s launch, Krillion has over 275 million pages of relevant local search results displaying local product information for major appliances in over 40,000 U.S. cities and towns.
“Krillion delivers local search results that combine very specific product information with very specific locality information. These results truly are ‘actionable’ meaning that when consumers have completed their Internet research, they can grab their keys, hop into the car, drive to the store and buy the product,” said Joel Toledano, co-founder and CEO of Krillion.
“We are delivering an inventory of search pages that have never before been available and we see this as a giant step forward for manufacturers, retailers and consumers,” continued Toledano.
Category Focus: National Brands, National and Regional Retailers
Krillion delivers search results category-by-category and the first category to be covered is the $18 billion major appliance category: refrigerators, ovens, ranges, washers and dryers, and dishwashers. Moving forward, Krillion will deliver search results for additional categories such as consumer electronics, lawn and garden, seasonal appliances and others. Additionally, Krillion focuses on finding and delivering relevant search results for national brands that are sold by national and regional “big box” retailers. This focus enables Krillion to efficiently deliver usable search results for the majority of consumers.
"One of the historical challenges with local search, and online shopping in particular, is connecting Internet research with offline purchase behavior, which is where the majority of transactions occur," said Greg Sterling, principal, Sterling Market Intelligence. "By offering information about where to buy products locally Krillion better serves consumers and further confirms that the future of online shopping is offline."
New Local Search Inventory for Advertisers
Krillion is also announcing today the immediate availability of millions of pages of local product advertising inventory, and customized analytics to measure the effectiveness of a Krillion-based campaign. Krillion expects to become the “last-mile” in a national ad campaign, linking the ready-to-buy consumer with the specific store where he or she can purchase the desired product. A click-to-call feature is available so consumers can quickly check on specific product inventory prior to visiting the store.
“Krillion’s approach offers the opportunity to significantly redefine the ways in which brands engage with consumers at the local level. It’s an innovative approach that will help drive growth in this market and better serve the needs of advertisers,” said Torrence Boone, President, Digitas Boston.
Unlike many other local search providers, Krillion does not expect consumers to abandon or change their search habits. Consumers don’t need to search directly on Krillion to find results by Krillion; instead consumers can search using their favorite search engine (Google, Yahoo!, etc) and Krillion results will likely be displayed on those pages. Consumers then click to find Krillion for their local product and store information.
About Krillion
Krillion is the leader in actionable local search; local search that results in consumers taking action to buy. Krillion’s mission is to transform the way ready-to-buy consumers find and buy national brands, locally. Based on its unique Krillion Localization Engine, Krillion search results are more accurate than any local search information available on the Internet. Krillion, founded in February 2006, is funded by Hummer Winblad Venture Partners.
Krillion™ and Krillion Localization Engine™ are trademarks of Krillion, Inc. All other product names and trademarks are the property of their respective owners.
Contacts:
Tim Cox | ZingPR
tim@zingpr.com 650-369-7784
OR
Sherry Thomas-Zon
Krillion, Inc.
sthomaszon@krillion.com
650-965-0233
More Archived Press Releases
- 12 May 2010 Krillion Adds Multichannel Retail Options to Boost Online Shopper Engagement
- 07 Dec 2009 Topix Taps Krillion To Deploy New Electronic Circular
- 14 Jul 2009 Krillion Adds Top Office Products Stores to its Local Shopping Search Index
- 26 Jun 2009 Krillion Expands Product Locator to Include Local and Online Retailers
- 31 May 2009 Krillion Connects Gamers with Latest Games at Local Stores
- 18 May 2009 Buzzillions Gives Krillion Thumbs-Up for Local Product Search
- 25 Mar 2009 ShopSavvy and Krillion connect mobile shoppers with great deals
- 23 Feb 2009 Krillion's Joel Toledano Chairs at eTail 2009
- 19 Jan 2009 Topix Selects Krillion to Connect Local News Fans with Great Deals on In-Stock Products from Local Retailers
- 17 Dec 2008 YELLOWPAGES.COM teams with Krillion to Offer Product Information Online at Popular Retailer Locations
- 11 Nov 2008 Idearc Media selects Krillion to provide integrated Web-to-store purchase process on Superpages.com
- 06 Oct 2008 New Web-Based Product Locator from Krillion Lets Manufacturers turn 'Out-of-Stock' Alert into Sales Opportunity
- 18 Aug 2008 Krillion Adds 96 Product Categories to its Local Shopping Search Index
- 10 Aug 2008 Krillion Appoints National Sales Director
- 23 Mar 2008 Krillion/e-tailing group release multi-channel Shopping Survey
- 04 Mar 2008 Panasonic Selects Krillion to Provide Real-Time, Local Product Availability
- 27 Feb 2008 TheFind Selects Krillion to Augment Local Product Search Capabilities
- 09 Nov 2007 Krillion Helps Consumers With Local "Where to Buy" Advice on Last-Minute Holiday Gifts
- 30 Sep 2007 Krillion Introduces In-Store Product Availability to Local Search
- 22 Jul 2007 Krillion Brings Comprehensive Television Information to Local Search
