33 quotes OAP Presentation

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Idea to Opportunity (OAP Assignment)

description

Venture Lab 2012: 33Quotes.com OAP presentation. All other reports have been filed. Any feedback is welcome and appreciated.

Transcript of 33 quotes OAP Presentation

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Idea to Opportunity (OAP Assignment)

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Agenda

● The Team● The Product● Who is going to use 33Quotes?● Survey & Interview Analysis● Market Analysis● Competitive Analysis● How we perceive 33Quotes?● Product Key Features● Revenue Channels● Key Partnerships ● Communication Plan● Social Media Buzz● Launch page user flow● Our Mentors

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The Team

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The Product

Our product is about being unique; to be able to express your beliefs, thoughts, to be able to explore, and create phrases and quotes which inspires you and share it in a beautiful way through emergent typography and poster design.

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Who is going to use 33Quotes.com?

age: 18-55 education: college+bachelor income: 50.000$-90.000$ passion: interested in fashion, collection, music, art, literature, memorabilia, stylegeographic spread: US UK AU

Key Insights: Inner need to Communicate insightfulness and design tastes. Create & Share stylish design of inspirational words and phrases. 50% of Surveyed share quotes on Pinterest.Sources: Google Ad Planner, Google Insights for Search, Survey

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Claire shares images, quotes, art, brands to self define herself, social for her is online and offline.

About● San Francisco● Age: 31● Gender: Female● Married with a 1 year old● Analyst working part-time in

a large architecture firm

Likes:●Tools that make presenting performance related metrics to higher management●Collect, Share Images, Brands, Quotes sharing on presentations and with friends●Philosophy, Design, Inspiration, Art●Literature, Books, Gym

Frustrations:●Presentation of materials, quickly craft a story from data●Lack of Time vs. Multitasking need●Lack of designer skills Computer Interest and Knowledge:●Web – high●Social – low-medium●Mobile – basic (maps, google search, facebook/google+)

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Survey & Interviews Analysis

Growth Rate# of daily users on Pinterest has increased by 85 % /month: our potential market is expanding at the rate of 25 %/ month (conservative)

Other Insights Uncovered -quote creation and collection continues to be arduous despite tech advancements-5-10 % people maintain notebooks of quotes and try to memorize them. and they need a easy and fast way to do this

ConclusionPlatform/site and PC-Mobile app as content provider, images and text as relevant need for target audience.

Opportunity Analysis30 % of quote collectors on Pinterest are dissatisfied

-by aesthetics of their pins-by depth of their collection

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MarketSocial Media Industry - Entertainment, Gaming and Apps Segment, Collection and sharing sub-segmentOnline Collection and sharing at 85% YoY growth

ProductPlatform/site and PC-Mobile app as content provider, images and text.

Market Size and Revenue Model First Est.Pinterest 35M users worldwideForecast 15% of Pinterest users in the first year > 5M users worldwide10M Site Monthly visits, 150K$ (est.) Monthly Earnings from AdSense in a 3 Year Plan after consolidation of monthly visits.

Market Analysis

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Wider Competitioncartoon strips, pictures, content - video, audio and blogs.

Direct Competitionquote design sites and apps on Pinterest, Google+,FB, Instagram, quotes archives of text, images archives.

Main Competitors pinterest.com (collections of quotes, could also be a possible customer for us) ||quickstepdesign.com (design your own) || 99Designs.com (request for great designs) || 55His.com (allows to print your quotes) || aktritka.com (russian site on quote designs) || famousquotesabout.com (site with quotes and images: bad user interface) || brainyquote.com (plain simple quote archive: huge collection but not friendly)

Competitive Analysis

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How we perceive 33Quotes?

Brand PersonalityCool, inspiring, fresh, simple, stylish, individual, calm, wise, sociable, voyage, discovery.Build up the brand with the above attributes

Brand Naming33 - originality, dynamism, circle of life, bridge between past and future, easy to remember, repetition, and digitquotes - core business model related word, top of mind awareness potential

Tagline/ClaimFeeling Inspired

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Product Key Features

● genetic algorithms based● smart and unique design approach:

explore, remix and foster variety instead of mundane templates guided by your own taste

● low skill barrier to create well designed quote● nurture a community of design breeders; share, mix and improve designs

together● optimized for sharing on the web on PC and mobile/tablets ● printing / shipping● trends analytics of emerging themes in quotes

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Revenue Channels

Key Revenue Channel at Launch: Advertising - Affiliate Partnership and AdSense (150M$ Target Forecast Est)-Advertising Model AdSense, other Ad Networks.

Other Revenue Channels: Printing - Commission (Print and Shipment Services)Premium Service - B2B connection-Managed Feed for Quotations with Greetings Card companies.-Premium subscriptions, with trends and cool hunting service, data analysis and visualization.

Lead Generation (Revenue from Reselling of Leads)Sponsorships/ Partnerships, Co-MKTG-Partnerships/Sponsorships e-commerce and gifts sites.-Charities Partnerships (Ex. Unicef Gift Cards), donations.

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Key Partnerships

Server firms for hosting Disqus for commentingPrinting services partnership (Affiliate)Google Adsense PartnerYou Tube PartnerGift card services (Moo, Vistaprint, other)e-commerce sites for gift messages

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Communication Plan

before launch

● Define the communication strategy, plan and key messages for social media, tweeting and other (next slide)

● Test Google Adwords campaign usage and key actions to drive traffic to launch page

● Communication Pre-launch Teasers

launch● YouTube Channel videos, viral. ● Blogging, Social. ● Launch meetup event● Facebook and Google+ Groups, Business Page.

● Add and refine social media sharing and plugins● SEO enabled web page for future promotions - custom URL for

most visited quotations etc.● AdWords Google ads campaign consolidation, test of Facebook

ads campaign● Events, Viral OOO

post launch

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Social Media Buzz

Facebook: Public Group in Facebook

Google+: Business Page in Google+

YouTube Channel: Create videos of how to use the service and post on Youtube. Post videos created from a slide of quotations.

Twitter: Publish a daily feed of Quotes to Twitter (create a #tag and @tag)

Pinterest: Allow pins from Pinterest

Instagram: Post quote pictures via Instagram account

Slideshare: Publish slide decks as teasers of beautiful looking quotations (You can find us by searching for 33Quotes in these websites)

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Launch page user flow

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Launch Page (first draft)

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Our Mentors

Parker Thomas - Design Thinker, Prior experience in gift card biz

John Shapiro - Adobe Product dude

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Thank You :)

Lets Talk More

email: [email protected]: @33Qsfacebook: fb.com/33Quotesgoogle+: goo.gl/0MnPZpinterest: pinterest.com/33quotes