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Contact Tree
It’s your tree. See it. Grow it.
35
Interviews
56
Unique website visitors
11
Sign-ups
KP
Contact Aggregation:
• LinkedIn
• Facebook
• Google+
• Skype
Customer
Organizations:
Professional Schools
Select Companies
(ie. Companies who
benefit from employees
having a strong
network)
KA
Platform
Development
KR
Human (key staff)
Intellectual
Value Prop
Current need:
Networking is
important, but time
consuming and
currently not formally
managed.
Service: Formal
management of your
network through
contact aggregation,
visualization, analytics
and searchability. Use
of personal assistant to
reduce user’s time
burden.
Customer Relation
Automated web based
service
Acquisition: Free
service within
professional schools
Maintenance: value
added services
Growth: Word of
mouth, benefiting
companies
CH
Online (Web)
Customer Seg
Professionals
Students emerging
from professional
schools
Sales facing roles
Mass market
(personal use)
C$
Cost Driven business (automated service)
• Staff
• Business Development, Legal
R$
Subscription fee for advanced
service
Business Model Canvas
Day 1: 26 August 2013
What we have learned
Facts Extract
D1/
D2
Need
• Don’t need a simple aggregator of contacts (94% of interviewees)
• Need to be able to categorize their network (sub-groups) (75% wanted)
• Validated that a reminder or automated service was necessary (81% of our interviews)
• Search functionality in LinkedIn and Facebook does not meet standards, but wouldn’t use an
additional platform just for search
• Time saving is a value proposition – want automated services
Customer
• 100% of interviewees are on LinkedIn but not necessarily on Facebook
Revenue Model
• People are 84% don’t want to pay for the product, 16% said they would pay a minimal amount
• Focused our value prop by
discarding simple aggregation and
search function
• Discovered a new customer
archetype - career services, alumni
services, meetups
• Changed potential revenue model
D3 Need
• Prioritized list of people to network with
• Personalized yet automated is the winning combination and makes people want to join
Customer:
• Additional customer type – meet ups and career services
• Research on ‘curating’ your list of
contacts
• Hypothesis of customer
acquisition tipping point
D4 Competition Landscape
• Personal contact manager is a crowded market place with lots of players focus on different
feature set
Customer interviews:
• Personalization very important – smart algorithim to provide meaningful way to connect
Get strategy through partners
• Career service may not be a valid customer. However, we may consider event organizers with a
vested benefit in keeping contacts among attendee
• Crucial to differentia ourselves
from competitor
• Partners need to validated
Key Partners
Contact Aggregation:
• LinkedIn
• Facebook
• Google+
• Skype
Key Activities
Web service
Development
Key Resources
Human (key staff)
Intellectual
Value Proposition
• Current need:
• Networking is
important, but time
consuming and
currently not formally
manage
Service:
Reduced time and effort
 Virtual personal
assistant
 Easy search through
smart analytics
Strengthen the quality of
networks
 Frequency and
quality of
communication
Influencers
Strengthen alumni
network
Customer Relation
Automated web based
service
• Acquisition: Free
service within
professional schools
• Maintenance: value
added services
• Growth: Word of
mouth, benefiting
companies
Channels
Online (Web)
Customer Segments
• Professionals
• Students emerging
from professional
schools
• Sales facing roles
• Mass market
(personal use)
End Users:
• Alumni (1 – 5 years)
• MBA students
Influencers/Reccomen
ders:
• Alumni Relations
Directors,
Organizational
Professors, Career
Services Coach
Cost Structure
Cost Driven business (automated service)
• Staff
• Business Development, Legal
Revenue Streams
• Subscription fee for advanced service
• License fee charged to schools
• License fee charged to partnership websites
Business Model Canvas
Day 2: 27 August 2013
Customer Archetypes
Job seekers
• 24-32
• Male and female
• Top tier MBA or recent
graduates
• Active job seeker
• 1-3 targeted industry
• Working with Career
Services
• 300+ LinkedIn contacts
• Access to targeted industry
and exclusive groups
• Need super connectors
• 26-40
• Male and female
• Passive job seekers
• 500+ LinkedIn contacts
• Care about small
inner-circle of 30+
• Time-starved
• Need reminder to keep
contact
Time starved professionals
• Advocates of
professional networks
• Part of their VP is
teaching people how
to strengthen
networks
Career Services
End User End User Influencer
Key Partners
Contact Aggregation:
• LinkedIn
• Facebook
• Google+
• Skype
Influencers/Reccomender
s:
• Alumni Relations
Directors,
Organizational
Professors, Career
Services Coach
Key Activities
Web service
Development
Key Resources
Human (key staff)
Intellectual
Value Proposition
• Current need:
• Networking is
important, but time
consuming and
currently not formally
manage
Service:
Customer Relation
Automated web based
service
• Acquisition: Free
service within
professional schools
• Maintenance: value
added services
• Growth: Word of
mouth, benefiting
companies
Channels
Online (Web)
Customer Segments
• Professionals
• Students emerging
from professional
schools
• Sales facing roles
• Mass market
(personal use)
• End Users:
• Alumni (1 – 5 years)
• MBA students
Cost Structure
Cost Driven business (automated service)
• Staff
• Business Development, Legal
Revenue Streams
• Subscription fee for advanced service
• License fee charged to schools
• License fee charged to partnership websites
Business Model Canvas
Day 3/4: 27/8 August 2013
Early MBA/Job
Seeker
Mid career MBA
Search
Reminder
Sub-group
Reminder
Broadcast with one
click
Paid
Free
Dashboard
(access to
multiple
social
network)
Reminder Subgroup/
prioritized
group
Network
Assessment
Visual
Display
Contact Tree
(Free/$
Contactually
($20/mo.)
Nimble
($15/mo.)
Rapportive
(Free)
Plaxo
($5/mo.)
Xobni
($8/mo.)
Competitive Landscape – Value Proposition
90% male MBA
27% finance
45% professional services
NY, CA >> IN, NC, UK
Key Partners
Contact Aggregation:
• LinkedIn
• Facebook
• Google+
• Skype
Influencers/Reccomender
s:
• Career Services Coach
• Alumni Relations
Directors,
• Organizational
Professors
• Event organizer
Key Activities
Web service
Development
Key Resources
Human (key staff)
Intellectual
Value Proposition
• Current need:
• Networking is
important, but time
consuming and
currently not formally
manage
Service:
Customer Relation
Automated web based
service
• Acquisition: Free
service within
professional schools
• Maintenance: value
added services
• Growth: Word of
mouth, benefiting
companies
Channels
Online (Web)
Direct sales
Customer Segments
• Professionals
• Students emerging
from professional
schools
• Sales facing roles
• Mass market
(personal use)
• End Users:
• Alumni (1 – 5 years)
• MBA students
Cost Structure
Cost Driven business (automated service)
• Staff
• Business Development, Legal
Revenue Streams
• Subscription fee for advanced service
• License fee charged to schools
• License fee charged to partnership websites
Business Model Canvas
Day 5: 30 August 2013
Job Seekers
• 24 – 32, M/F, top
tier MBA or
recent
graduates, work
with career
services
Time starved
Professionals
Search
Reminder
Reduce time and
effort
Suggested
personalized
interactions
prioritization of
network Sub-group
Reminder service
Broadcast with one
click
Free Free Paid
Meet ups / Event
organizations
Drive repeat business
by increasing quality of
connections made
What we are going to do next
Today To-do
Customer
Segments
• Early-stage MBA/job seeker
• Mid career MBA
• Meetups / event organizer
• Test other industry professionals (ie. Lawyers)
• Adwords campaign to test sign up rate
• Test value proposition through customer interviews with
business development leads
Revenue
Stream
• Free for end user
• Event meet up
• Test pricing with meet up organizations (interviews)
• Test pricing with end users (current hypothesis testing in
progress through website, $4.99 – $19.99 per month)
Key Activities • Web service development • Validate algorithm to automate service
Backup
Market Size
Total;
G8 Top 20 Professional
Schools
Current: 2.5 M
Alumni: 12.5 M
Accessible Customers
Current: 1.9 M
Alumni: 9.4 M
Top 20
MBA
schools
MBA: 180K
30K
Current,
150K
alumni
Assumptions:
American Top 20 Professional Schools Columbia 25K X 20 schools X 5years X 5 countries (for G8 including size difference)
= 15 M
% of people able to access web based service – 75%
100%
75%
1%
Channels
Contact
Tree
Direct Sales
E-Commence
(Contacttree.wordpr
ess.com)
MBA Students
MBA Alumni
MBA Career Service
Partnership Social
Networks

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Grow your professional network with Contact Tree

  • 1. Contact Tree It’s your tree. See it. Grow it. 35 Interviews 56 Unique website visitors 11 Sign-ups
  • 2. KP Contact Aggregation: • LinkedIn • Facebook • Google+ • Skype Customer Organizations: Professional Schools Select Companies (ie. Companies who benefit from employees having a strong network) KA Platform Development KR Human (key staff) Intellectual Value Prop Current need: Networking is important, but time consuming and currently not formally managed. Service: Formal management of your network through contact aggregation, visualization, analytics and searchability. Use of personal assistant to reduce user’s time burden. Customer Relation Automated web based service Acquisition: Free service within professional schools Maintenance: value added services Growth: Word of mouth, benefiting companies CH Online (Web) Customer Seg Professionals Students emerging from professional schools Sales facing roles Mass market (personal use) C$ Cost Driven business (automated service) • Staff • Business Development, Legal R$ Subscription fee for advanced service Business Model Canvas Day 1: 26 August 2013
  • 3. What we have learned Facts Extract D1/ D2 Need • Don’t need a simple aggregator of contacts (94% of interviewees) • Need to be able to categorize their network (sub-groups) (75% wanted) • Validated that a reminder or automated service was necessary (81% of our interviews) • Search functionality in LinkedIn and Facebook does not meet standards, but wouldn’t use an additional platform just for search • Time saving is a value proposition – want automated services Customer • 100% of interviewees are on LinkedIn but not necessarily on Facebook Revenue Model • People are 84% don’t want to pay for the product, 16% said they would pay a minimal amount • Focused our value prop by discarding simple aggregation and search function • Discovered a new customer archetype - career services, alumni services, meetups • Changed potential revenue model D3 Need • Prioritized list of people to network with • Personalized yet automated is the winning combination and makes people want to join Customer: • Additional customer type – meet ups and career services • Research on ‘curating’ your list of contacts • Hypothesis of customer acquisition tipping point D4 Competition Landscape • Personal contact manager is a crowded market place with lots of players focus on different feature set Customer interviews: • Personalization very important – smart algorithim to provide meaningful way to connect Get strategy through partners • Career service may not be a valid customer. However, we may consider event organizers with a vested benefit in keeping contacts among attendee • Crucial to differentia ourselves from competitor • Partners need to validated
  • 4. Key Partners Contact Aggregation: • LinkedIn • Facebook • Google+ • Skype Key Activities Web service Development Key Resources Human (key staff) Intellectual Value Proposition • Current need: • Networking is important, but time consuming and currently not formally manage Service: Reduced time and effort  Virtual personal assistant  Easy search through smart analytics Strengthen the quality of networks  Frequency and quality of communication Influencers Strengthen alumni network Customer Relation Automated web based service • Acquisition: Free service within professional schools • Maintenance: value added services • Growth: Word of mouth, benefiting companies Channels Online (Web) Customer Segments • Professionals • Students emerging from professional schools • Sales facing roles • Mass market (personal use) End Users: • Alumni (1 – 5 years) • MBA students Influencers/Reccomen ders: • Alumni Relations Directors, Organizational Professors, Career Services Coach Cost Structure Cost Driven business (automated service) • Staff • Business Development, Legal Revenue Streams • Subscription fee for advanced service • License fee charged to schools • License fee charged to partnership websites Business Model Canvas Day 2: 27 August 2013
  • 5. Customer Archetypes Job seekers • 24-32 • Male and female • Top tier MBA or recent graduates • Active job seeker • 1-3 targeted industry • Working with Career Services • 300+ LinkedIn contacts • Access to targeted industry and exclusive groups • Need super connectors • 26-40 • Male and female • Passive job seekers • 500+ LinkedIn contacts • Care about small inner-circle of 30+ • Time-starved • Need reminder to keep contact Time starved professionals • Advocates of professional networks • Part of their VP is teaching people how to strengthen networks Career Services End User End User Influencer
  • 6. Key Partners Contact Aggregation: • LinkedIn • Facebook • Google+ • Skype Influencers/Reccomender s: • Alumni Relations Directors, Organizational Professors, Career Services Coach Key Activities Web service Development Key Resources Human (key staff) Intellectual Value Proposition • Current need: • Networking is important, but time consuming and currently not formally manage Service: Customer Relation Automated web based service • Acquisition: Free service within professional schools • Maintenance: value added services • Growth: Word of mouth, benefiting companies Channels Online (Web) Customer Segments • Professionals • Students emerging from professional schools • Sales facing roles • Mass market (personal use) • End Users: • Alumni (1 – 5 years) • MBA students Cost Structure Cost Driven business (automated service) • Staff • Business Development, Legal Revenue Streams • Subscription fee for advanced service • License fee charged to schools • License fee charged to partnership websites Business Model Canvas Day 3/4: 27/8 August 2013 Early MBA/Job Seeker Mid career MBA Search Reminder Sub-group Reminder Broadcast with one click Paid Free
  • 7. Dashboard (access to multiple social network) Reminder Subgroup/ prioritized group Network Assessment Visual Display Contact Tree (Free/$ Contactually ($20/mo.) Nimble ($15/mo.) Rapportive (Free) Plaxo ($5/mo.) Xobni ($8/mo.) Competitive Landscape – Value Proposition
  • 8. 90% male MBA 27% finance 45% professional services NY, CA >> IN, NC, UK
  • 9. Key Partners Contact Aggregation: • LinkedIn • Facebook • Google+ • Skype Influencers/Reccomender s: • Career Services Coach • Alumni Relations Directors, • Organizational Professors • Event organizer Key Activities Web service Development Key Resources Human (key staff) Intellectual Value Proposition • Current need: • Networking is important, but time consuming and currently not formally manage Service: Customer Relation Automated web based service • Acquisition: Free service within professional schools • Maintenance: value added services • Growth: Word of mouth, benefiting companies Channels Online (Web) Direct sales Customer Segments • Professionals • Students emerging from professional schools • Sales facing roles • Mass market (personal use) • End Users: • Alumni (1 – 5 years) • MBA students Cost Structure Cost Driven business (automated service) • Staff • Business Development, Legal Revenue Streams • Subscription fee for advanced service • License fee charged to schools • License fee charged to partnership websites Business Model Canvas Day 5: 30 August 2013 Job Seekers • 24 – 32, M/F, top tier MBA or recent graduates, work with career services Time starved Professionals Search Reminder Reduce time and effort Suggested personalized interactions prioritization of network Sub-group Reminder service Broadcast with one click Free Free Paid Meet ups / Event organizations Drive repeat business by increasing quality of connections made
  • 10. What we are going to do next Today To-do Customer Segments • Early-stage MBA/job seeker • Mid career MBA • Meetups / event organizer • Test other industry professionals (ie. Lawyers) • Adwords campaign to test sign up rate • Test value proposition through customer interviews with business development leads Revenue Stream • Free for end user • Event meet up • Test pricing with meet up organizations (interviews) • Test pricing with end users (current hypothesis testing in progress through website, $4.99 – $19.99 per month) Key Activities • Web service development • Validate algorithm to automate service
  • 12. Market Size Total; G8 Top 20 Professional Schools Current: 2.5 M Alumni: 12.5 M Accessible Customers Current: 1.9 M Alumni: 9.4 M Top 20 MBA schools MBA: 180K 30K Current, 150K alumni Assumptions: American Top 20 Professional Schools Columbia 25K X 20 schools X 5years X 5 countries (for G8 including size difference) = 15 M % of people able to access web based service – 75% 100% 75% 1%