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CheapTweet Launches 2.0 Version of Social Deals Search Engine Site, Brings Customized Deals to Consumers

CheapTweet indexes 5 millionth deal and celebrates milestone with new site features and redesign; new features focus on custom deal streams, search engine and voting upgrades


News provided by

CheapTweet

Mar 09, 2010, 07:00 ET

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AUSTIN, Texas, March 9 /PRNewswire/ -- CheapTweet.com, the leading Twitter-based social deals search engine site, announces the launch of CheapTweet 2.0, in celebration of indexing over 5 million deals online, to offer users an enhanced social shopping experience. CheapTweet's 2.0 rollout includes upgrades to its core search engine, voting mechanism, and a new look and feature, the DealStream, to help users find the right deal at the right time.

CheapTweet has addressed a big need by harnessing the power of Twitter to help make consumer dollars stretch further. Every day, CheapTweet indexes approximately 30,000 tweets about deals, filters out spam and duplicate content, and adds more than 10,000 new deals to the site – many of which are unique one-of-a-kind deals from boutique sellers. Deals are then ranked by how much they're talked about on Twitter and CheapTweet user votes. With so many diverse deals pouring into the system in real-time, CheapTweet has developed the DealStream to help users find the ones that are right for them. 

"Online channels will only become more cluttered, as social networks start to monetize with ads," said CheapTweet CEO Hayes Davis. "CheapTweet's service makes it easier for shoppers to sort through the clutter online and shop more effectively. Over the past year and a half we have seen astounding growth in merchant deals from Twitter and we're very excited to offer the tools that help everyone take advantage of them."

CheapTweet's DealStream is a real-time, personalized deals system where users can set up their stream to track categories of deals, brands, merchants or keywords which are filtered and organized based on a relevance algorithm that takes into account the user's preferences and deal quality. Users can get these results on CheapTweet.com or via a convenient RSS feed.

In addition to the DealStream, CheapTweet has recently made upgrades to its search engine, which uses specialized algorithms to aggregate tweets about the same deals, helping users quickly see what deals are popular, as well as sort through spam. There are also changes to the CheapTweet voting mechanism, allowing users to give deals a thumbs up or a thumbs down. Lastly, CheapTweet clearly labels official accounts so shoppers know when they are looking at legitimate deals from a real merchant. Together these changes provide a simple but sophisticated means to save money.

CheapTweet will also attend the upcoming South by Southwest Interactive Conference, March 12-16, in Austin, Texas and will be speaking on the panel, "The Broke Diaries: Using Blogs And Twitter To Live Cheaply". CheapTweet's Hayes Davis and fellow panelists will discuss ways to use social media tools to save money. The panel is scheduled for Friday, March 12 at 2:00 p.m. in Hilton Room A/B.

About CheapTweet

CheapTweet (www.CheapTweet.com) is a social deals search engine that scours Twitter to find any and all money-saving opportunities available to consumers. To date, CheapTweet has indexed more than 5 million deals from tens of thousands of sellers. CheapTweet is operated by Appozite (www.Appozite.com), an Austin, Texas-based startup developing social e-commerce software to connect unique and interesting retailers with customers. Appozite also makes TweetReach (www.tweetreach.com), a tool for measuring Twitter campaigns. 


Media Contacts:


Jenn Deering Davis

CheapTweet, Chief of Community Experience

919-539-3311

[email protected]  


Lauren Warthan

Porter Novelli, Account Executive

512-241-2256

[email protected]


SOURCE CheapTweet

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