Inspiring Business by Sharing Success

Turbine Success Funds World-Leading Website Technology

Turbine Success Funds World-Leading Website Technology

Business Innovation Centre, Worksop Turbine, has bid a fond farewell to the ‘textbook tenant’ – as SP2 Technologies (Formerly Inter-financial Ltd) graduates to new premises following the New York launch of its innovative new web-marketing software.

Managing Director of SP2 Technologies, and the brains behind R3ENGAGE software - Stuart Pearson - started his career in Worksop Turbine as a modest IT operation in 2009.

Left to right: Andy Trevelyan, Amber Walker, Craig Gamblen, Karl Scott, Richard Vernon, Adam Mason and Stuart Pearson

In 2011 Stuart joined forces with another local businessman, Stuart Pike of Inter-Financial, and the new team made giant strides forward in the area of lead generation for lenders in the financial sector. Throughout the growth of the loans markets, Inter-Financial’s claim to ‘find a loan for anyone’ proved increasingly popular.

The success of Inter-Financial, now named SP2 Technologies, provided the capital to start three innovative new projects including a mobile phone network, a credit card, and R3ENGAGE – the brand new technology that is taking the online marketing world by storm.

R3ENGAGE is aimed at the high growth ‘exit intent’ market.  The software, allows websites to re-engage visitors who have demonstrated an intent to exit the site, using browser functions such as keying in a new URL or scrolling back through pages.

The revolutionary technology had been under steady development by Stuart Pearson for many years until finally he had the working capital to invest and speed up the process.  The software was launched in July 2015 in New York, and has attracted an incredible portfolio of interest – including household names in the gaming and travel industries.

“We predict R3ENGAGE will turnover £1.7M in the next 12 months and be used by businesses of all sizes in 10 countries worldwide,” said Stuart. 

The software is continually under development to ensure SP2 Technologies never loses its place ahead of competition. 

“There will be others trying to replicate R3ENGAGE – with one or two that already have around 30% of the capability of our system, but I’ve got an eight year headstart - the others will still be playing catch up for a long time to come,” explained Stuart.

As the industry struggles to catch up, R3ENGAGE is both tried and tested - and Stuart claims to generate an impressive 15% of extra customers for the programme’s users, and is proven in its positive effect on the bottom line.

“We are very proud to boast that we have trialed R3ENGAGE on one of our own financial products – it increased our turnover by £170k per year,” added Stuart. 

SP2 Technologies has seen growth from 2011/12 at £100,000 turnover with 2 staff to 2014 £2.4M turnover and 5 staff – and a predicted £3.2M in 15/16 with 8 staff.  The R3ENGAGE system is available to any business with a website, providing a ‘build your own’ exit campaign from just £149 per month.

Feature Opportunities

Stuart is happy to talk to interested media and demonstrate technologies etc. at his premises in Retford, Nottinghamshire – or at a place to suit you.

Please contact him direct for additional information and to arrange demonstrations; 01777 717462 or visit www.r3engage.com.

Worksop Turbine

Worksop Turbine is a facility created to support local start-ups and growing companies, by offering professional office space solutions in flexible and supportive packages.  It is part of a network of centres managed by Oxford Innovation, the UK’s leading operator of innovation centres. Worksop Turbine is managed by Oxford Innovation on behalf of Nottinghamshire County Council.  For more information, visit: www.worksop-turbine.co.uk


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