London and Cambridge, UK
Reevoo, the cloud-based social commerce solutions provider, and Youreko, the product energy solutions provider, today announced a strategic partnership enabling Reevoo’s customers to display product energy reviews together with the verified customer reviews provided by Reevoo’s social commerce suite. Youreko Energy Reviews, already used in Reevoo’s review and shopping site, will now be available to Reevoo’s B2B customers through seamless integration with Reevoo Mark and Reevoo Conversations.
Youreko Energy Reviews provide meaningful information about product energy efficiency by showing product running costs – this allows consumers to understand at a glance how energy efficiency will affect their wallet as well as the environment, resulting in greater confidence when making a purchase. Norwegian trials have demonstrated that when consumers see the running costs as well as the upfront cost of a product they are more likely to buy energy efficient models, which are often more expensive, but save them money in the long term.
Daniel Hurley, Head of Technology Partners at Reevoo comments, “Youreko’s innovative approach to energy efficiency gives consumers the tangible information they want. Using energy reviews on shopping.reevoo.com has shown positive results with an increase in revenue of up to 424% and an uplift in conversions of up to 78%. Now we want to pass on the benefits to our B2B customers.”
Patrick Verdon, CEO of Youreko says, “We are delighted to partner with Reevoo and are excited about adding energy reviews to the social conversation. Our no-nonsense energy efficiency information reveals the hidden cost of electronic products and helps consumers in their purchasing journey. Everyone wins with product energy reviews, increased revenue for retailers, tangible savings made by consumers, sales of more efficient products helps the environment and is also in line with the government’s Energy Efficiency Strategy.”