Nov 2010 presentation to iGAP

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Monetisation Strategies and Revenue Models Scott Rafer @rafer || [email protected] Sunday, November 21, 2010

description

I led the Monetization and Revenue Models seminar of Enterprise Ireland's iGap startup bootcamp in November in Dublin. It makes me think I should develop a standardized speech called Revenue in Context. You can't understand your own funnel if you don't understand your customer's funnel.

Transcript of Nov 2010 presentation to iGAP

Page 1: Nov 2010 presentation to iGAP

Monetisation Strategies and Revenue Models

Scott Rafer@rafer || [email protected]

Sunday, November 21, 2010

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Interrupt me!

Sunday, November 21, 2010

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Monetisation Strategies and Revenue Models

Scott Rafer@rafer || [email protected]

Sunday, November 21, 2010

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Ours is not to reason why, Just to sell ‘em

what they wanna buy.

Sunday, November 21, 2010

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Biases and bio

• 18+ years of startups

• Thousands of errors

• Selling prevented thousands more

Sunday, November 21, 2010

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Before we even start

• Why make money now?

• Where can you get when you sell, and where can’t you get?

• How many models can I pick?

Sunday, November 21, 2010

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Sunday, November 21, 2010

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Timing is everything too early and 9/11

Sunday, November 21, 2010

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What Model Picks You?Session One

Sunday, November 21, 2010

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No Revenue Exists in a Vacuum

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Your Revenue has a Context

• Increase a Business’s Sales Directly

• Increase a Business’s Potential Sales

• Reduce a Business’s Churn

• Reduce a Business’s or Consumer’s Cost

• Make a Consumer Happy, Safe, Healthy ...

Sunday, November 21, 2010

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Each others’ Sales Funnels

B2C B2B

Unique

Standard

Sunday, November 21, 2010

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Strengths required for each task

Sunday, November 21, 2010

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Revenue SWOT (exercise)

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Taking Attention and Money from Customers

Session 2

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Quickie Case Studies

Sunday, November 21, 2010

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On time, but ...Sunday, November 21, 2010

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Customers too strongSunday, November 21, 2010

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No longer earlySunday, November 21, 2010

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What evidence do you have of being on time/early?

Mini-exercise

Sunday, November 21, 2010

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Decomposing the Funnels

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What part of the overall funnel are you suited for?

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• Sales leads are normally the problem

• Selling it once

• Selling subscriptions

• Being a middleman

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Pricing the stuff

• A great reason to sell immediately

• ROI Value vs. Cost-plus

• How many prices is too many?

Sunday, November 21, 2010

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Taking Data from One Place and Money from Another*

Session 3

*Plus a Big Money Bonus

Sunday, November 21, 2010

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Not Just Advertising

Sunday, November 21, 2010

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More Quickie Case Studies

Sunday, November 21, 2010

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Perfectly timing Bitly Sunday, November 21, 2010

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Just-right two stepSunday, November 21, 2010

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Traffic, stuck & luckySunday, November 21, 2010

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Fatally earlySunday, November 21, 2010

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Too early to tell:Klout & PercentMobile

Mini-exercise

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This is just a start

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Advertising

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Performance and shifting risk Cost per Thousand, per Click,

per Lead, per Action ....

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What scale is meaningful?

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Targeting dataNo magic bullet, need to sell first

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Funnel similarities

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Ad unitsCustom vs. Standard

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Where do you fit? In which funnel and how directly do you

touch the end user?Exercise

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Bonus! Network Effect

• Sell to create a unique network of customers

• Link those customers in a way incumbents don’t have permission to

Sunday, November 21, 2010