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    Why are you here?

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    Freeloaders

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    Overcoming thePower of Zero

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    InterestNo AlternativeUrgency

    ConveniencePeer Pressure

    NoveltyStatus

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    What about software?

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    When copies are free ,you need to sell things which

    cannot be copied.

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    What cant be copied?

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    Trust

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    Immediacy

    PersonalizationInterpretation

    AuthenticityAccessibilityEmbodiment

    PatronageFindability

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    Maximizers vs Satisficers

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    Best PriceBest Product

    Best Overall Solution

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    Excercise 1

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    Immediacy

    PersonalizationInterpretation

    AuthenticityAccessibilityEmbodiment

    PatronageFindability

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    You makewhat you measure.

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    Point

    Point

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    Start

    End

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    Count

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    Log = Action + Timestamp

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    ActionTimestamp

    ReferrerIP Address

    Cookie / Session

    Server DataClient Data

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    Views

    ClicksSubmits

    Keystrokes

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    Positive / NegativeLikert Scale

    RatingsMultiple Choice

    Open Feedback

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    The Ultimate Question

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    Tools

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    google.com/analytics/

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    http://web.analytics.yahoo.com/http://web.analytics.yahoo.com/
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    omniture.com

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    haveamint.com

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    crazyegg.com

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    clicktale.com

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    wufoo.com

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    surveymonkey.com

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    formassembly.com

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    dabbledb.com

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    google.com/talk/service/badge/New

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    Excercise 2

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    Your Economic Engine

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    Benchmarks

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    Web AppAutopsySXSW 2007

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    PHP

    6 months to launch

    Launched : July 2006

    3 Employees

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    Ruby on Rails

    3 months to launch

    Launched : July 2005

    6 Employees

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    Java

    5 months to launch

    Launched : February 2004

    ~30 Employees

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    .NET

    3 years to launch

    Launched : 1996

    50 Employees

    regonline

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    Conversion per 100 Visits

    Free Paid

    7.00% 1.00%

    11.00% 1.00%

    8.00% N/A

    1.52% 1.14%reg online

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    Shareware0.5%

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    Dropsend1% - 2%

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    Casual Download Games2%

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    Other Freemium Services

    Range from 1.5% to 5%Average Overall less than 3%

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    Ning3%

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    Flickr5-10%

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    AdultFriendFinder10% - 22%

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    Habbo : 10% of playersClub Penguin : 25% of uniquesRunescape : 16.6% of uniquesPuzzle Pirates : 22% of players

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    Top 10

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    TurboTax Online70%

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    Things to Keep in Mind

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    Seasonal Effects

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    Best WorstMar Dec

    Jan DecJan/Feb Dec

    Sept Decreg online

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    Early Adopter Frugal Factor

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    7,000 invitations sentto potential Beta Testers.

    Only 3,500 created an account.

    Only 50 of them became customers(and we o ered them half o ).

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    Moving the Needle

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    The Funnel

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    Reduce Friction

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    Number of Steps

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    Label Placement

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    Multiple Columns

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    Excercise 3

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    Increase Awareness

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    Excercise 4

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    On Promotion Codes

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    Successful Changes

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    Powered By Logo

    339% increase in click throughVideo Spokesperson

    11% increase in registrations

    Why Register Online?6% increase in registrations

    regonline

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    Customer Lifetime Value

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    Customer Referral Value

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    The Original

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    The Winner

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    Excercise 5

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    Off the Funnel

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    Best Price

    Best ProductBest Overall Solution

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    Relationshipsas a Metaphor

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    Intimacy Passion

    Commitment

    Nonlove

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    Nonlove

    LikingInfatuated loveEmpty love

    Romantic loveCompanionate love

    Fatuous loveConsumate Love

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    Intimacy Passion

    Commitment

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    Existing Users ::Marriage

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    Dr. John Gottman

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    Everyone fights.

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    Cost / BillingUsers Users

    PerformanceRoadmap

    Others

    MoneyKids

    SexTime

    Others

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    How its done.

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    When Things Go Wrong

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    Enlightened Hospitality

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    Importance of Fun

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    Keeping the Romance Alive

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    Bibliography

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    Questions?

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    Thanks!