Large companies are partnering with startups to pilot new mobile technologies and ideas more quickly. Startups get funding and mentorship in exchange for working on projects. Mobile is seen as a platform for business transformation rather than just advertising. The best approach is to rapidly launch minimum viable products, get user feedback, and iterate quickly like startups do. This allows products and ideas to evolve faster based on learning from failures.
28. 1. Show them how they’ll earn from
the mobile product.
Treat Advertisers as Venture Capitalists
29. 2. Let them co-create and co-own it
1. Show them how they’ll earn from
the mobile product.
Treat Advertisers as Venture Capitalists
30. 3. Have a long-term plan. What would it generate in 6 months? 12 months?
2. Let them co-create and co-own it
1. Show them how they’ll earn from
the mobile product.
Treat Advertisers as Venture Capitalists
31. Nike focused on the product
In 2010, Nike launched the Nike+ app, which even non-Nike owners can use.
In 2006, launched a sensor + iPod running kit to track distance, calories burned, and pace.
32. Track your activity throughout the day.
Join a community of fitness enthusiasts.
Get a fitness program
tailored for you.
Something that can be used everyday!
33. And it paid off
Over 7 million Nike+ community members
Revenue up 16% to USD $24.1 B -- the highest rate in 15 years
37. Nail it, then scale it
Build Minimum Viable Product (MVP)
Launch and get feedback
Refine
NOW
Massive marketing launch
PR stunts
Additional features
LATER
41. Facebook today
Ad network
Facebook Developers
Facebook Connect API
Newsfeed
1.23B monthly active users
42.
43. 24
Speed is Critical
“If we can reduce the time between pivots
We can increase our odds of success
Before we run out of money”
44. 24
“If we can reduce the time between pivots
We can increase our odds of success
Before we run out of money”
Why launch fast? You get to test your ideas directly with the people who will use the product.
Speed is Critical
45. 25
What you did in 6 months, we can do in 24 hours
51. How it works
Add a friend and send him a Yo
Your friend receives a Yo from you
52. Why Yo was born
Hogeg approached Arbel to request for a simple way to get in touch with his assistant on his smartphone.
Moshe Hogeg, CEO and founder of Tel Aviv company Mobli, Co-Founder of Yo
Or Arbel, iOS developer at Mobli; Co- Founder of Yo
59. "We apologize for the great inconvenience experienced by users, and are working around the clock to prepare iOS 8.0.2 with a fix for the issue, and will release it as soon as it is ready in the next few days." a company spokesperson told The Verge.
The “Perfect App” Doesn’t Exist
64. Airbnb : A ‘dumb’ idea
Co-founder Brian Chesky and his other partners were rejected multiple times by investors, who told them that their idea was totally dumb.
65. Airbnb : A ‘dumb’ idea
Their idea? Convince people to rent out their homes to complete strangers.
66. To fund their business, Brian and his co-founders sold cereals (Obama O’s and Breakfast of Change) to attendees of the Democratic National Convention in November 2008.
Airbnb: Pushing ahead
67.
68. Active properties
200,000
10 M
Guest nights booked
from 2008 to June 2012
Hotel night booked every two seconds
1
100%
Growth rate of Active properties for the past five months
26%
Traffic from mobile
Finding success