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MXit
             The Past, Present and Future

                     Net Prophet 2009
                          14 May
                     By Herman Heunis
                           CEO



Silver Sponsors
Topics
          MXit Overview
          The Past
            Short History
            Factors that played a Role
            Challenges
            Lessons Learnt
          The Present
            User Growth
            User Demographics
            Current Status
            User Behaviour
            International Youth Research
          The Future
            Technology Future
            MXit Focus 2009
MXit Overview

         Free social computing software
         99% mobile based
         Various platforms (1200+ mobile, PC)
         Offers free communication (text, graphics, sound)
         Registered user base 13+ million
         Large base in RSA
         Users in 120+ countries
         Profitable in RSA since Sept 2006
The Company
  Vision: to become a Global Lifestyle/Communications Company



     Mission: to secure a significant portion of the 4 billion
               mobile phones users in the world


          Philosophy: We do not compete, we create


       Slogan: “join the evolution” | “exit the ordinary”
The Company
    Offices                     Data Centres
     Stellenbosch               South Africa
     Mauritius                  Mauritius
                                 Germany

       Staff
        100+
        Mostly software engineers but also
          support, marketing, graphics teams
The Past – Short History


                Community desire
                Evolution
                The launch
The Past – Factors that played a Role
                   Timing
                   Marketing
                   Publicity
                   Software
                   Funding
                   Resources
                   Mindset
                   Strategy
The Past - Challenges

                User challenges
                Technical obstacles
                Monetization challenges
                Staff
                Funding
                Social changes
                Press
The Past – Some Lessons Learnt

             Leading/bleeding edge
             Analysis paralysis
             Right partners/team
             Product development chasm
             Competition
             Procedures and processes
0
             2000000
                                 6000000
                                           8000000




                       4000000
                                                     10000000
                                                                12000000
Nov-04                                                                     14000000

Feb-05

May-05

Aug-05

Nov-05

Feb-06

May-06

Aug-06

Nov-06
                                                                                                              The Present – User Growth




Feb-07

May-07
                                                                                      MXit Registered Users




Aug-07

Nov-07

Feb-08

May-08

Aug-08

Nov-08

Feb-09
The Present – User Demographics
The Present – Current Status

                  Innovation
                  Mobile/PC Products
                  MXit Economy
                  Revenue
                  Gateways
                  Telcos
The Present – MXit User Behaviour
                              Our Findings

        Mobile phone is the remote control of the universe
        Belong to multiple social networks
        Mobile behaviour differs substantially from PC
        Incredible ability to multi-task
        Generation Y has little problem revealing personal info
        Adapting and accepting new technology is no big deal
        Role-play is an international “thing”
The Present – International Youth Research
        Trends
           User satisfaction not always equal to brand loyalty
           Brand advocacy and viral
           Traditional ATL youth marketing has to change
           “Youth don’t have time”
           Social networks are EXTREMELY important to youth
           Even $1 is too much to pay for music and other
           DRM is a swear word
           Needs content digitally delivered
The Future – Technology Future

           “No one knows – we all predict –
              some better than others”
                  Future Computing

                  Mobility
                      Battery life
                      Processing power
                      Communication speed
                      Display capabilities
                      Storage
MXit Focus 2009

            Gaming and entertainment
            Education in Africa
            MXit Portals
THANK YOU

 Contact details:
  www.mxit.com
herman@mxit.com

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Herman Heunis

  • 1. MXit The Past, Present and Future Net Prophet 2009 14 May By Herman Heunis CEO Silver Sponsors
  • 2. Topics  MXit Overview  The Past  Short History  Factors that played a Role  Challenges  Lessons Learnt  The Present  User Growth  User Demographics  Current Status  User Behaviour  International Youth Research  The Future  Technology Future  MXit Focus 2009
  • 3. MXit Overview  Free social computing software  99% mobile based  Various platforms (1200+ mobile, PC)  Offers free communication (text, graphics, sound)  Registered user base 13+ million  Large base in RSA  Users in 120+ countries  Profitable in RSA since Sept 2006
  • 4. The Company Vision: to become a Global Lifestyle/Communications Company Mission: to secure a significant portion of the 4 billion mobile phones users in the world Philosophy: We do not compete, we create Slogan: “join the evolution” | “exit the ordinary”
  • 5. The Company Offices Data Centres  Stellenbosch  South Africa  Mauritius  Mauritius  Germany Staff  100+  Mostly software engineers but also support, marketing, graphics teams
  • 6. The Past – Short History  Community desire  Evolution  The launch
  • 7. The Past – Factors that played a Role  Timing  Marketing  Publicity  Software  Funding  Resources  Mindset  Strategy
  • 8. The Past - Challenges  User challenges  Technical obstacles  Monetization challenges  Staff  Funding  Social changes  Press
  • 9. The Past – Some Lessons Learnt  Leading/bleeding edge  Analysis paralysis  Right partners/team  Product development chasm  Competition  Procedures and processes
  • 10. 0 2000000 6000000 8000000 4000000 10000000 12000000 Nov-04 14000000 Feb-05 May-05 Aug-05 Nov-05 Feb-06 May-06 Aug-06 Nov-06 The Present – User Growth Feb-07 May-07 MXit Registered Users Aug-07 Nov-07 Feb-08 May-08 Aug-08 Nov-08 Feb-09
  • 11. The Present – User Demographics
  • 12. The Present – Current Status  Innovation  Mobile/PC Products  MXit Economy  Revenue  Gateways  Telcos
  • 13. The Present – MXit User Behaviour Our Findings  Mobile phone is the remote control of the universe  Belong to multiple social networks  Mobile behaviour differs substantially from PC  Incredible ability to multi-task  Generation Y has little problem revealing personal info  Adapting and accepting new technology is no big deal  Role-play is an international “thing”
  • 14. The Present – International Youth Research Trends  User satisfaction not always equal to brand loyalty  Brand advocacy and viral  Traditional ATL youth marketing has to change  “Youth don’t have time”  Social networks are EXTREMELY important to youth  Even $1 is too much to pay for music and other  DRM is a swear word  Needs content digitally delivered
  • 15. The Future – Technology Future “No one knows – we all predict – some better than others”  Future Computing  Mobility  Battery life  Processing power  Communication speed  Display capabilities  Storage
  • 16. MXit Focus 2009  Gaming and entertainment  Education in Africa  MXit Portals
  • 17. THANK YOU Contact details: www.mxit.com herman@mxit.com