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DAN Brand Accelerator: Client Pitch Keynote

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DAN Brand Accelerator: Client Pitch Keynote

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Here is the Brand Accelerator pitch deck I began using to pitch current clients more than two years ago. I refined as we advanced through each phase once clients had signed on and we adjusted as necessary. I pitched this to more than twenty clients, all household brand names -- an converted each of them. Not a single brand declined to move forward.

Here is the Brand Accelerator pitch deck I began using to pitch current clients more than two years ago. I refined as we advanced through each phase once clients had signed on and we adjusted as necessary. I pitched this to more than twenty clients, all household brand names -- an converted each of them. Not a single brand declined to move forward.

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DAN Brand Accelerator: Client Pitch Keynote

  1. 1. 2 This post-PC era presents us with a unique opportunity to understand people in a more complete context
  2. 2. Yet we continue to design for yesterday’s destination web rather than today’s contextual web
  3. 3. 4 And we remain obsessed with technology itself, rather than exploring how to make it valuable for people. . .
  4. 4. Less than 1/3 provide integration with GPS and native mapping software less than 5% utilize the gyroscope Of the top 100 apps published by brands... Only 17% include iOS notifications 16% incorporate the camera
  5. 5. When was the last time you tapped on one of these?
  6. 6. 7 How many photo sharing apps do we need?
  7. 7. 8 We can do better
  8. 8. Digital media has been marginalized. It now falls within two distinct and independent domains Programmatic Innovation Prevalence Value 1) What we can easily buy, sell and measure 2) What we can’t
  9. 9. 10 We must start thinking about technology as a cultural practice...
  10. 10. And start designing for the everyday — thinking about the situations and scenarios where consumers welcome us, so long as we’re meaningful. . . go #mustangs
  11. 11. Intent: increase productivity and decrease costs. Necessary and valuable, however impossible to sustain. Historically, each innovation sought to collapse the supply chain in some way. Goal: under-price the cost structure of the previous retail innovation. The future of the productivity loop is limited. Industry leaders will be forced to look for new sources of innovation. Supply chain innovation PROBLEM
  12. 12. To genuinely be consumer-centric, brands and agencies must begin to shift the focus of innovation away from the supply chain The new operating model for consumer-centric retailers will be knowledge driven. Operational execution will have to be organized around the consumer We must embrace... SOLUTION
  13. 13. 1. demand chain innovation 2. openness
  14. 14. 15 Purpose What? Create new market space, bespoke solutions to the business challenges faced by our clients, and valuable/scarce experiences for our clients’ customers How? Strategic partnerships, co-creation and business model innovation
  15. 15. Guiding principles Embrace disruption. Go beyond the traditional advertising and media ecosystem. Develop strategic partnerships. Co-create and co-operate. Start over.
  16. 16. Key success factor synergies among brands,agencies and technology companies from day zero Desired outcome valuable,exclusive and scarce branded media experiences powered by technology and collaborative ingenuity
  17. 17. 18 Insight Entrepreneurs can have a substantial impact on our clients’ businesses if we align with them as business partners and scaffold them with appropriate resources Action Empower a cooperatively designed, cross-functional team the opportunity to create exceptional experiences that enrich the relationships between brands and consumers through media
  18. 18. 19 Platform
  19. 19. 20 Opportunity The vast majority of startup accelerators and incubators are created and managed by venture capitalists, investors, technology companies, and even brands in some cases. They abound in Silicon Valley (SF) and Alley (NYC). The application and qualification process is incredibly competitive and the companies behind these programs take an equity position in the startup in exchange for an intense 6-8 weeks of mentorship and seed funding.
  20. 20. Although agency holding companies have each made investments in seed and growth stage technology companies through their own venture funds… …there remains a huge gap between adTech companies and the agencies who ultimately become their clients. This is our opportunity.
  21. 21. 22 What is it? The Accelerator is a 12-week program that unites brand, agency and startups to create new value for consumers in a disrupted and fragmented marketplace. Through a competitive process, DAN agencies and their brand clients invite 2-3 companies to join them in addressing the most significant business challenges facing brands today. What does each startup receive? Each startup receives: • Active mentorship from applicable DAN agency and brand client • Product feedback and deployment of proofs-of-concept/prototypes • Manhattan workspace at a DAN agency • Membership into an exclusive Entrepreneurship & Fellows Network What activities advance the agenda? Brand and consumer-centered workshops and panel discussions on issues relevant to adTech startups, such as procurement, proofs-of- concept, technology architecture, agency and brand culture and protocol, and broader industry trends. At the conclusion of the program, the combined team presents a market- ready prototype at a Demo Day, where all stakeholders convene to watch as the client-bespoke Accelerator team presents 3-5 prototypes designed to specifically solve for the challenge provided to them at the onset of the process.
  22. 22. 23 What does it do? Combines the power of technology, culture and breakthrough ideas for market launch, and in doing so bridges the gap between scarcity and scalability. How does it work? Startups are selected on a “best fit” basis — meaning, alignment of brand challenge with startup core attributes and relevant value in solving for each brand’s problem. Each startup is vetted to preserve the pedigree of the talent pool, then advanced through a short-term gestation program. The DAN Venture Capital Council plays a key role throughout this process, with each VC Partner screening their portfolio of investments to identify and nominate the most eligible startups, given the brand’s unique challenge. Who is eligible? Early and growth-stage startups, their investors, a community of cultural influencers, and the largest brands and agencies in the world. The backbone of the majority of companies within the program will be technology and software. Eligible startups may have a core or combined focus on Digital, Mobile, Local, E/M-com, Media, Ad Tech, SaaS, Payments, Fashion Tech, and Data.
  23. 23. InvestorsAdvisors Entrepreneurs
  24. 24. 25 Benefits Access to budget gate-keepers Relationship building through direct access to brands Mentorship from media & advertising domain experts Access to brand data & research Integrate feedback into ad-tech product in real-time Rapid speed to market Trial feasibility Startups Catalyst for change Access to scarce tech talent Custom-built solutions to business challenges Partner pipeline for the future IP Competitive advantage Trial desirability Clients Ignition Innovation New Shared Value
  25. 25. 26 RESULTS&LEARNING 1. Created Incremental And Ongoing Demand For Amnet; More Than $1 Million Incremental Margin Driven In First 12 Weeks After Program Launch 2. Gained Access To Staples Transactional Data Once Client Crossed Trust Chasm 3. Now Creating Evergreen Tools For Small Business Owners / New Recurring Revenue Stream 4. Amnet Now Building Staples’ Data Management Platform 5. Tore Down Artificial Walls Inside Staples Organization 6. Staples Digital & Mobile Creative Went Into Formal Review Upon Client Seeing Accelerator Prototypes 7. Proactively Solving For Client Problems Before They Ask Gives Us Permission To Play In New Sandbox And Create New Market Space 8. Simplexity: Simplifies Complexity; Demystifies Innovation 9. Accelerator Client #2: Macy’s Committed $2 Million To Program Before First 12-Week Kickoff Meeting
  26. 26. 27 NEXT 1. Accelerator Toolkits: Also Known As “Accelerator In A Box” Created & Distributed To Dan Regions 2. Simple Process To Initiate Accelerator Program Virtually Through Neon & Google,With Support From Central Team In NewYork 3. Expand Network Of Accelerator Regional Leads Under Hub, Spoke & Node Model 4. Fill Creative Technologist Gap: Recruit In-Network TechnologistsWith Ability To Apply Ingenuity When Solving ProblemsWith Technology 5. Grow Network OfVenture Capital Funds And The Firms Behind Them 6. Formalize RelationshipsWith Tier 1Venture Capital Firms In NewYork 7. Expand To Other Major U.S. CitiesWith Institutional, Private Equity, Angel Investors, Etc; Expand Globally 8. Press Release And Joint InterviewsWith Media & Tech Trade Publications And BlogsWeek Of July 13 (Tentative)
  27. 27. Partners
  28. 28. Gil Beyada Genacast Ventures Founder & Managing Partner genacast.com Roger Ehrenberg IA Ventures Founder & Managing Partner iaventures.com Chris Fralic First Round Capital Partner firstround.com Eric Hippeau Lerer Hippeau Ventures Managing Director lererventures.com Joe Medved Softbank Capital Partner softbank.com Karin Klein Bloomberg Beta Partner bloombergbeta.com VC COUNCIL
  29. 29. Startup A 2 Team members Ed Gorman Keri DeMarino Liz Matthews Startup B 2 Team members Client 2-3 Team members Accelerator Lead Jason Newport VCs: “filter” Structure* * example only; some names FPO
  30. 30. 31 Process
  31. 31. Share Ideate Incubate Test Learn Optimize
  32. 32. Timeline (FPO content FYI only) JUL AUG SEP K 4 WK 1 WK 2 WK 4WK 3 WK 1 WK 2 WK 1 WK 2 WK 4 DAN, CARAT: Send client brief to VCs for client VCs: Respond to client briefs (please follow instructions provided in the email accompanying the brief) with two portfolio companies best equipped to solve for the brand challenge. DAN, CARAT:: STAPLES account teams meet with CLIENT to assess submissions. Client team selects two startups to work with. DAN: On behalf of CARAT account teams and CLIENT, DAN announces STARTUPS selected. All VCs will be contacted. DAN, CARAT & STARTUPS: Co-creation phase begins. 3-hr kick off meeting hosted by DAN. CLIENTS: Client leads from CLIENT meet jointly with DAN, CARAT & STARTUPS to receive progress report/status update from build teams, and to provide feedback. WK 3 DAN, CARAT & STARTUPS: Collaboration continues. DAN to facilitate structured joint sessions. In addition, meetings may happen intermittently as needed. DAN, CARAT & STARTUPS: Collaboration continues. Teams may meet as often as necessary. CLIENTS: Client leads from CLIENT meet jointly with DAN, CARAT & STARTUPS: to provide final feedback before “Demo Day”. WK 4 WK 3 PROTOTYPE REVEAL DEMO DAY
  33. 33. 34 Digital repository and expansive platform minimizes learning curve; provides step-by-step instructions throughout each phase of process Platform is nearly 100% Google-powered and makes use of nearly every business tool available Includes templates for all forms, questionnaires, FAQs, handbooks, promotional material , startup scorecards, performance reports, modules for real-time video conferences Perpetually updated with each client engagement to enable build of global database of startup attribute scoring Enables swift communication among agencies, clients,VCs and startups — eliminates need for provisioning on enterprise suites e.g. Sharepoint.

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