We will address one of the most innovative strategies to be implemented by content producers and distributors to address the challenges the TV market faces. Current solutions such as catch-up TV, VOD are useful steps for a more complete strategy. Because, viewers’ habits continue changing from well-known non-linear consumption to brand new multitasking, TV actors lag behind while loosing revenues. Second screen applications transform these threats into advantages, and are the catalyst of the synergies between all the medias and devices TV works on. As the utmost embodiment of global strategies, second screen applications are the corner piece of future strategies as well as survival.
They will become so because they provide viewers with additional enhanced synchronized information, give them power and create new revenues. After reading the complete study of the second screen applications you will understand how they help you keep your audience and both increase existing and create new revenues. Designing applications is difficult as they are key for future development and encompass many features. This is why you will have an exhaustive list of the KSFs to ensure during the 3-6 months development phase of applications. This list has been approved and completed by the French cutting edge actors of cross-media, TV and second screen markets.
In this paper you will also find out how second screen applications make your business model stronger by highly improving your revenue model, through turning the majority of your costly activities into the newly profitable value sources. You will know who are your key partners, how to deliver the most value, by making the most out of cross sales, and bringing product placement to a new level.
Finally, this paper is key to all TV actors investing in business development, their Facebook and Twitter counterparts, as well as venture capitalists and entrepreneurs.
Master thesis written on April 2013 - Edhec Business School
MSc Entrepreneurship.
Don't hesitate to contact me, email on the last slide
Master Thesis
Aurélien Cazes
"LLMs for Python Engineers: Advanced Data Analysis and Semantic Kernel",Oleks...
Keep your audience and increase revenues with second screen applications
1. Aurélien
Cazes
KEEP
YOUR
AUDIENCE
AND
INCREASE
REVENUES
WITH
SECOND
SCREEN
APPLICATIONS
2. How
to
change
TV
to
reconnect
with
adver9sers
and
viewers?
2012
adver9sing
revenues:
-‐4.5%
Prime9me
hours:
-‐17%
From
6
to
25+
channels
From
push
to
pull
Internet
video
consump9on:
rising
Internet
revenues:
+7%
and
+4.8%
3. Cannibalism
is
a
myth
10k
video
views
1k€*
Aired
on
TV
Plus
Belle
la
Vie
59
episodes
above
3
million
viewers
in
2012
Palmashow
1M
video
views
100k€*
86M
video
views
860k€*
*
:
with
a
100%
inventory
4. Storyboard
This
is
in
18
months
your
business
model
is
stronger
you
turn
your
weaknesses
into
opportuni9es
How
you
reduce
costs
and
increase
revenues
you
improve
your
value
proposi9on
you
should
do
it
5. Second
screen
applica9ons
transform
weaknesses
into
opportuni9es
Strengths
Weaknesses
Opportuni9es
•
• When
exposed
to
an
interac9ve
ad
on
TV
1/3
have
clicked
• TV
is
the
preferred
media
for
adver9sing
investments
• TV
accounts
for
35
million
fans
and
20
million
Tweets
in
6
months
• Online
video
viewing
is
rooted
in
Internet
users
• Net
revenues
per
channel
from
adver9sing
are
steadily
decreasing
•
• Business
models
of
TV
channels
rely
too
much
on
adver9sing
•
• Synergies
between
the
web
and
TV
are
not
well
exploited
•
• 1
program
=
1
app.
i.e.
difficulty
to
recruit
new
viewers
•
Investors
can
be_er
monitor
their
adver9sing
campaigns
They
strengthen
and
diversity
revenues
of
TV
actors
Catalyst
of
the
synergies
between
the
web
and
the
TV
Finger
prin9ng
technology
is
available
Enhance
the
viewing
experience
Threats
• Rela9ve
success
of
the
new
adver9sing
formats
• Second
screen
applica9ons
require
to
answer
to
many
KSFs
• OTT
actors
are
coming
• Applica9ons
like
Shazam
or
IntoNow
meet
success
in
the
US
• No
new
viewers
• Mul9
program
apps
6. Value
proposi9on
Second
screen
applica9ons
give
the
opportunity
to
turn
TV
actors’
business
models’
weaknesses
into
new
strengths
How?
By
improving
your
business
model
Raise
Efficiency
of
adverGsements
ExisGng
revenues
Synergies
with
the
Internet
Viewer
engagement
Reduce
Influence
of
compeGtor
apps
OTT’s
share
of
innovaGon
Efforts
Eliminate
Decrease
of
net
revenues
Decrease
of
audiences
Wasted
efforts
Create
Revenues
streams
ParGcipaGve
TV
CustomizaGon
Behavioral
analysis
Value
7. Today
Key
Partners
Adver9sers
+
social
networks
+
Guests
Key
AcGviGes
Sell
adver9sing
space
on
TV
Value
proposiGon
We
offer
you
video
commercials
during
live
programs
Key
Resources
Lots
of
waists
–
only
one
finished
product
Cost
Structure
Financial
efforts
made
on
different
media
and
devices
without
centralizing
them
Customer
RelaGonship
No
feedback
on
campaigns
Customer
segments
All
adver9sers
present
on
TV
and
new
prospects
Channels
TV
+
computer:
video
ad
Revenue
Structure
Dependent
on
very
few
adver9sing
formats
8. Tomorrow
Key
Partners
Adver9sers
+
Social
networks
+
guests
+
m-‐commerce
websites
+
stores
Key
AcGviGes
Offer
new
innova9ve
formats
and
customize
shows
Value
proposiGon
You
can
now
gather
all
the
synergies
between
your
adver9sing
investments
into
one
device
Key
Resources
Use
of
lem
overs
+
new
uses
Cost
Structure
Benefit
from
synergies
and
use
new
formats
on
exis9ng
resources
Customer
RelaGonship
Partnering
to
offer
innova9ve
formats
+
feedbacks
+
purchasing
Customer
segments
TV
+
Internet
investors
+
prospects
+
m-‐commerce
websites
Channels
TV
+
web:
sync.
+
new
formats
with
direct
sales
Revenue
Structure
New
revenue
streams
with
added
shares
on
leads
to
purchase
9. How
to
go
there:
revenues
are
key
Increase
exis9ng
revenues
SynchronizaGon
InteracGvity
AnalyGcs
VOD
SubscripGon
Create
new
revenues
Direct
purchase
Cross
selling
Product
placement
10. Key
Success
Factors
How
to
maximize
the
revenues
at
the
lowest
possible
cost?
Generals
Synchronize
commercials
AdverGse
at
opGmum
Gme
Make
robust
partnerships
Avoid
over-‐pressuring
users
Capitalize
on
quality
of
TV
ads
Offer
video
formats
with
pre-‐rolls
M-‐commerce
Easy
to
use
Secure
Save
shopping
cart
SGck
to
market
price
Enable
to
finish
payment
on
the
computer
Direct
to
another
app
–
offer
to
go
back
to
yours
11. Go
to
market
Audience
tailored
Increased
revenues
Cross
sales
Product
placement
Customized
Influence
ParGcipaGve
TV
New
revenue
streams
New
&
more
robust
programs
Need
big
awareness
Common
prac9ce?
App
Dependence
on
m-‐websites
Release
Partnerships
are
key
(MVP)
Synergies
under
exploited
Global
Low
cash
generated
media
Generic
Fans
oriented
No
synergies
Synchroniza9on
Enhanced
info
Non-‐linear
Social
Media
Li_le
revenues
Now
3
months
6
months
12
months
18
months
.COMMUNICATE
12. 18
months
only
to
reconnect
with
adver9sers
and
viewers
3rd
month
Enter
the
market
with
an
MVP
Add
new
revenue
streams
amer
strengthening
current
ones
6th
month
Improve
live
experience
and
thus
keep
it
18th
month
Become
a
unique
actor
to
both
TV
viewers
and
web
savvys
13. Let’s
get
started
now
Get
your
second
screen
app
within
the
3
next
months
1.
Concept
+
ini9al
specs
8.
Release
2.
Prototyping
+
wireframing
7.
Deployment
+
valida9on
3.
Usability
tests
6.
Development
5.
Valida9on
4.
Interac9on
design
+
final
specs
14. Thank
you!
To
contact
me:
Aurélien
Cazes
aureliencazes@gmail.com
Special
thanks
to
Mar9n
Palmgren,
Phd