Ed Relf, Laundrapp: Fail to prevail - Embracing failure and scaling disruptive business models @...

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Page 1: Ed Relf, Laundrapp: Fail to prevail - Embracing failure and scaling disruptive business models @ ad:tech 2016

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Page 2: Ed Relf, Laundrapp: Fail to prevail - Embracing failure and scaling disruptive business models @ ad:tech 2016

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#edrelf #laundrapp

Page 3: Ed Relf, Laundrapp: Fail to prevail - Embracing failure and scaling disruptive business models @ ad:tech 2016

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entrepreneur / investor / metric marketer

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”embracing failure & scaling disruptive business models”

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”laundrapp case study”

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”and some useful insights”

Page 8: Ed Relf, Laundrapp: Fail to prevail - Embracing failure and scaling disruptive business models @ ad:tech 2016

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a revolution in laundry & dry cleaning

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that revolution is digital

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dry cleaning & laundry to your door.

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a remote control for your laundry

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a remote control for our lives

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the convergence of digital & real world services

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the power to change consumer habit & behaviour

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and disrupt multi-billion pound industries

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a multi-billion pound industry ripe for a digital revolution

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a walk down the high street…

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…and a cod & chips lunch.

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we’re taking war to the washing machine!

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Driver app technology used by driver fleet

Supplier management, fleet management, order management platform

Cutting edge consumer app technology

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”pivoted to success”

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”an aggregator for the dry cleaners”

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+Private & Confidential. Property of Laundrapp Limited.

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Most don’t ’get’ the digital opportunity

Many outsource cleaning

Challenging logistics / supply chainDifficult to maintain quality

Lack of control over customer interaction

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“delivery & logistics management”

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+Private & Confidential. Property of Laundrapp Limited.

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Radically improved service levels

Additional tech requirementFleet management overhead

Reduced requirement for multiple suppliers

Improved margins

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“own the supply chain”

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Custom end to end tech platformHigh scalable

Full supply chain managementReal-time data analytics on every interactionReal-time customer satisfaction levels

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“the laundrapp platform”

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but lets be honest…we’re all learning

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because everything is constantly changing…

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the world’s most advanced on-demand laundry & dry cleaning

platform.

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“but we still have challenges”

Page 42: Ed Relf, Laundrapp: Fail to prevail - Embracing failure and scaling disruptive business models @ ad:tech 2016

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High cost UA, mobile first services

The increase of mobile first competition

The declining retention curvePeople are downloading fewer apps!

Cutting through the noise

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App Fact 1

1,500 new apps daily

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App Fact 2

2,000,000 apps available

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App Fact 3

top 3 apps, 80% usage

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App Fact 4

average person uses 5 apps

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App Fact 5

Half of all apps downloaded by 7% of users!

Page 49: Ed Relf, Laundrapp: Fail to prevail - Embracing failure and scaling disruptive business models @ ad:tech 2016

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App QuestionAverage number of apps downloaded

by smartphone users per month?

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0

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so how can we win?

Page 52: Ed Relf, Laundrapp: Fail to prevail - Embracing failure and scaling disruptive business models @ ad:tech 2016

I don’t know, but here’s some things i’ve learnt…

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Page 53: Ed Relf, Laundrapp: Fail to prevail - Embracing failure and scaling disruptive business models @ ad:tech 2016

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create a “Fail First” culture!top down / MVP everything / embrace failure / scale successes

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iterative metric driven development processbaking marketing into product development

Page 55: Ed Relf, Laundrapp: Fail to prevail - Embracing failure and scaling disruptive business models @ ad:tech 2016

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Page 56: Ed Relf, Laundrapp: Fail to prevail - Embracing failure and scaling disruptive business models @ ad:tech 2016

If you’re not embarrassed by the first version, you’re moving

too slowly– Reid Hoffman

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Page 57: Ed Relf, Laundrapp: Fail to prevail - Embracing failure and scaling disruptive business models @ ad:tech 2016

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Page 58: Ed Relf, Laundrapp: Fail to prevail - Embracing failure and scaling disruptive business models @ ad:tech 2016

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the ‘flawless’ 30 day experienceorchestrate the new customer experience

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it’s not about the download or 1st orderavoid vanity metrics

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its about the second order CPAcritical for quality user acquisition

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get the marketing basics right!analytics / attribution platforms / marketing platforms

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90% of your marketing won’t workfind the 10% that does, and scale, aggressively!

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z

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create adaptive marketing plansnot big upfront strategies

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find 3 channels that work!refine and scale them

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develop a marketing systemlead gen > 1st order > re-targeting > 2nd order = establishing habit

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multi-channel is criticalbut attribution is key

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cross platformto avoid the high cost of mobile UA

Page 68: Ed Relf, Laundrapp: Fail to prevail - Embracing failure and scaling disruptive business models @ ad:tech 2016

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“constructive” feedback is a gift! public responses show great service

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customer driven expansionbuilding pre-launch demand / advocates

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”and a few less tangible insights”

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the doorstep interactionstepping through the doorway = trust

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be the customer.Private & Confidential. Property of Laundrapp Limited.

get the hell out on the front lineor get the hell out of business!

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think of 3 things your competitors would hatethen do them!

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there’s still room for a gut feeldon’t always be constrained by data, but always always test first!

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”the results”

Page 76: Ed Relf, Laundrapp: Fail to prevail - Embracing failure and scaling disruptive business models @ ad:tech 2016

raised £10m+

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Page 77: Ed Relf, Laundrapp: Fail to prevail - Embracing failure and scaling disruptive business models @ ad:tech 2016

following a successful London launch...

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100+ locations across the UK

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a town / city every fortnight

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one item every 10 seconds!

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one of the UK’s fastest growing early stage start-

ups

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…with global expansion coming soon.

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18 months young

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You miss 100% of the shots you don’t take

– Wayne Gretzky

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