10 Million In 10 Weeks -- What Stanford Learned Building Facebook Apps

Loading...

Flash Player 9 (or above) is needed to view presentations.
We have detected that you do not have it on your computer. To install it, go here.

0 comments

Post a comment

    Post a comment
    Embed Video
    Edit your comment Cancel

    16 Favorites

    10 Million In 10 Weeks -- What Stanford Learned Building Facebook Apps - Presentation Transcript

    1. 10 Million in 10 Weeks What Stanford Learned Building Facebook Apps A Stanford Course during Fall 2007 BJ Fogg, Ph.D. Dan Ackerman-Greenberg Rob Fan Graphing Social Patterns: March 2008 Contact: BJ Fogg - bjfogg@stanford.edu
    2. 10 Million in 10 Weeks Total Installed Users: 20M+ 5 apps @ 1M+ users 10 apps @ 100k users 20 apps @ 5k users Total Daily Active Users (DAU): 925k 6 apps with ~ 100k DAU 10 apps with > 10k DAU 19 apps with > 500 DAU 6 Apps in Facebook Top 100 Top Apps (according to Adonomics): ~ $10M Contact: BJ Fogg - bjfogg@stanford.edu B
    3. Captology and Persuasion B Contact: BJ Fogg - bjfogg@stanford.edu
    4. The Idea Comes Together BJ - Dave - Dan Contact: BJ Fogg - bjfogg@stanford.edu B
    5. Contact: BJ Fogg - bjfogg@stanford.edu D
    6. Curriculum (Alpha Version) 3 Apps (!) Hoping to leverage . . . 1. Virality Huge reading list 2. Engagement Metrics-based grading 3. Education-focused Psychology of technology Expecting 20-40 students... Contact: BJ Fogg - bjfogg@stanford.edu D
    7. ...120 showed up Contact: BJ Fogg - bjfogg@stanford.edu R
    8. ...So we scared some students off. Contact: BJ Fogg - bjfogg@stanford.edu B
    9. Contact: BJ Fogg - bjfogg@stanford.edu
    10. Contact: BJ Fogg - bjfogg@stanford.edu
    11. Rob Fan Yee Lee Jia Shen Greg Schwartz ...and brought in more help! Contact: BJ Fogg - bjfogg@stanford.edu D
    12. 7 person teaching team 73 students Contact: BJ Fogg - bjfogg@stanford.edu B
    13. Contact: BJ Fogg - bjfogg@stanford.edu B
    14. Contact: BJ Fogg - bjfogg@stanford.edu D
    15. Every class was exciting and surprising D Contact: BJ Fogg - bjfogg@stanford.edu
    16. Students drove us forward B Contact: BJ Fogg - bjfogg@stanford.edu
    17. Initial Success!!! R Contact: BJ Fogg - bjfogg@stanford.edu
    18. Success Stories Contact: BJ Fogg - bjfogg@stanford.edu R
    19. Contact: BJ Fogg - bjfogg@stanford.edu B
    20. Students come together outside of class... D Contact: BJ Fogg - bjfogg@stanford.edu
    21. 10 Million in 10 Weeks Total Installed Users: 20M+ 5 apps @ 1M+ users 10 apps @ 100k users 20 apps @ 5k users Total Daily Active Users (DAU): 925k 6 apps with ~ 100k DAU 10 apps with > 10k DAU 19 apps with > 500 DAU 5 Apps in Facebook Top 100 Top Apps (according to Adonomics): ~ $10M Contact: BJ Fogg - bjfogg@stanford.edu B
    22. Final Expo in December 2007 500+ people show up Contact: BJ Fogg - bjfogg@stanford.edu R
    23. Contact: BJ Fogg - bjfogg@stanford.edu
    24. Contact: BJ Fogg - bjfogg@stanford.edu
    25. Contact: BJ Fogg - bjfogg@stanford.edu
    26. BayCHI Student Presentation B Contact: BJ Fogg - bjfogg@stanford.edu
    27. Contact: BJ Fogg - bjfogg@stanford.edu
    28. Aftermath $500,000 - $1,000,000+ revenue generated since September At least 3 companies formed At least 2 companies acquired More job offers than students can handle Dan drops out of school to work with Rob and 3 other students from the class Teach the class again soon Contact: BJ Fogg - bjfogg@stanford.edu D
    29. More Successes Contact: BJ Fogg - bjfogg@stanford.edu R
    30. Learnings from Stanford's FB Course #1. It's never too late to create a winning app When we launched course, over 6000 Facebook apps existed. 10 weeks later, our students had 6 apps in the top 100 Contact: BJ Fogg - bjfogg@stanford.edu
    31. Learnings from Stanford's FB Course #2. Simplicity & clarity are key to app success Apps need to be easily understood (value prop) Apps need to be easy to use The wrong direction: Clever names Lots of features Contact: BJ Fogg - bjfogg@stanford.edu
    32. Learnings from Stanford's FB Course #3. Speed & flexibility in launch & iterations Many crummy trials beat deep thinking Flexibility beats quality Deadly: Getting too attached to one app idea. Contact: BJ Fogg - bjfogg@stanford.edu
    33. Learnings from Stanford's FB Course #4. Community cooperation leads to success Students helped others a lot Sharing code, tips, insights . . . all were present in course. Contact: BJ Fogg - bjfogg@stanford.edu
    34. Learnings from Stanford's FB Course #5. Individual opinions about app are worthless Don't be swayed by one person's opinion. Just get the app out there and see what happens . . . Despite everyone's supposed \"brilliance\" . . . Often what seemed like a killer idea didn't work. Sometimes what seemed stupid worked very well. Contact: BJ Fogg - bjfogg@stanford.edu
    35. Learnings from Stanford's FB Course #6. Copying success is a cheap/fast way to succeed Novelty isn't the best approach to apps If you're desperate for a win, just copy something that's working Flipside: If your app is doing well, expect imitators. Contact: BJ Fogg - bjfogg@stanford.edu
    36. Learnings from Stanford's FB Course #7. Metrics do matter, but today's tools are too weak Of course, instrument your apps to track viral aspects No one offers a winning metrics package (yet) -- not even GA Our experience: Students often had to tweak GA and also create their own metrics tools. Contact: BJ Fogg - bjfogg@stanford.edu
    37. Learnings from Stanford's FB Course #8. You CAN learn to create a winning app Success with FB apps isn't luck or magic Many Stanford teams succeeded Teams who failed at first later created excellent apps (like Oregon Trail) Contact: BJ Fogg - bjfogg@stanford.edu
    38. Learnings from Stanford's FB Course #9. Success comes from the Chaos / Control Cycle (This point incorporates many of the previous points) Successful innovation is a process. BJ Fogg's Chaos/Control Cycle Contact: BJ Fogg - bjfogg@stanford.edu
    39. BJ Fogg's Chaos/Control Cycle Our process for innovation Contact: BJ Fogg - bjfogg@stanford.edu
    40. Learnings from Stanford's FB Course #10. Mass Interpersonal Persuasion is finally here A new form of persuasion emerged in 2007 This is a big deal (nothing as important since radio over 100 years ago) Implications: We can now do things never before possible, like 16 million installs in 10 weeks. But even more significant applications are ahead of use (like world peace). Or . . . You can make lots of money quickly, if that's your goal. Contact: BJ Fogg - bjfogg@stanford.edu
    41. BJ Fogg - bjfogg@stanford.edu see peace.stanford.edu for more A revolutionary new form of persuasion
    42. 10 Million in 10 Weeks What Stanford Learned Building Facebook Apps A Stanford Course during Fall 2007 BJ Fogg, Ph.D. Dan Ackerman-Greenberg Rob Fan Contact: BJ Fogg - bjfogg@stanford.edu

    + BJ FoggBJ Fogg, 2 years ago

    custom

    2436 views, 16 favs, 5 embeds more stats

    Slides to share at GSP West in March 2008. We know more

    More info about this document

    © All Rights Reserved

    Go to text version

    • Total Views 2436
      • 2406 on SlideShare
      • 30 from embeds
    • Comments 0
    • Favorites 16
    • Downloads 0
    Most viewed embeds
    • 16 views on http://randomthougts101.blogspot.com
    • 9 views on http://wiki.reunion.com
    • 3 views on http://wiki
    • 1 views on http://www.blogger.com
    • 1 views on http://toobla.com

    more

    All embeds
    • 16 views on http://randomthougts101.blogspot.com
    • 9 views on http://wiki.reunion.com
    • 3 views on http://wiki
    • 1 views on http://www.blogger.com
    • 1 views on http://toobla.com

    less

    Flagged as inappropriate Flag as inappropriate
    Flag as inappropriate

    Select your reason for flagging this presentation as inappropriate. If needed, use the feedback form to let us know more details.

    Cancel
    File a copyright complaint
    Having problems? Go to our helpdesk?

    Categories