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This project has received funding from European
Union’s Horizon 2020 Research and Innovation
Programme under Grant Agreement No 101007990.
Virtual health and Wellbeing Living Lab Infrastructure
Revenue Structures
Anthology Ventures
SUMMER SCHOOL 2023
Commercialization Bootcamp
June 6-7, Bilbao
Solving the problem:
“Seniors in Care Homes
could use a streaming-style
TV-based communication platform
without the need for assistance from staff”
🤔
Welcome back!
Now, where did we leave off?
Netflix meets Zoom
§ TV-based (no additional device required)
§ Remote control is a familiar object
§ Interface can be designed in compliance with needs/protocols
§ Revenue model B2B or B2C: Subscription or pay-per-use
§ Reduced pressure on staff/facility
§ Increased independence for residents
Voice & Video
Calls
Revenue
Model
(free/paid)
Interface
design
(accessibility)
Internet
speed
requirements
HW
dependency
VOIP apps
(Skype, Zoom,
Meet, Etc.)
yes B2C free,
B2B paid
Not intuitive Medium –
high
Yes – tablet,
phone, PC
(can be
existing)
Dedicated
devices
(Oscar, Amazon,
Grandpad,
VIewclix)
yes Purchase Designed for
Seniors
None – High Yes –
purchase of
new device is
required
Telephone Voice only Mobile
(consumer)
Landline
(facility)
N/A None Existing HW
usually
sufficient
Competition: (Current Solutions)
How seniors can connect remotely to their loved ones
What’s the difference?
REVENUE STREAM REVENUE MODEL BUSINESS MODEL
What’s the difference?
REVENUE STREAM REVENUE MODEL BUSINESS MODEL
Single source of revenue;
Can be 1 or many, but
better 1 great one than
many mediocre ones
Strategy of managing all
the revenue streams and
the resources required
for each one
Structure that combines
all aspects of a company
(including revenue) and
how they fit/work together
Common Revenue Models
§ Ad-based – (online) Display, Video, Mobile, Native formats
§ Affiliate – Amazon, Shopify
§ Transactional – Direct &/or Web sales
§ Subscription – Netflix, Spotify
§ Channel sales (indirect) – where distributors are involved
§ Commission – Uber, AirBnB
§ Licensing – providers of tech or other IP
§ Retail – classic brick & mortar stores
§ Donations – Kickstarter, Patreon
§ Freemium – LinkedIn, Mailchimp
9
Revenue structures
Product Who pays What is paid? What is
Purchased?
Payment
structure?
How much is
paid?
Apple Care End User Money Protection Subscription €€
ResearchGate Institution Money Access Subscription €€€€€
Social Network Advertisers,
other
Companies
Money Data One-off Dynamic
Social Network End User Data Access Per use Infinite
Alexa End User Money Device, Svcs Fee +
subscription
Dynamic
Alexa Advertisers,
other
Companies
Money Data One-off Dynamic
Our Product
§ “A streaming-style, TV-based communication platform”
§ How many products are possible?
§ What revenue streams can we identify?
§ Which of them are – potentially – the most profitable? WHY?
§ Which of them are – potentially – problematic? WHY?
Revenue structures
Product Who pays What is paid? What is
Purchased?
Payment
structure?
How much is
paid?
This project has received funding from European Union’s Horizon 2020 Research and Innovation Programme under Grant Agreement No 101007990.
Contact us Subscribe to our newsletter:
European Network of Living Labs (ENoLL)
https://enoll.org/
https://openlivinglabdays.com/
info@vitalise-project.eu
Project coordinator:
Dr. Evdokimos Konstantinidis
Scientific coordinator:
Prof. Panos Bamidis
Online presence
https://anthologyventures.com/
https://www.facebook.com/AnthologyVentures
https://www.instagram.com/argyriosspyridis/
https://www.linkedin.com/company/35505743/admin/
Adriane Thrash
Managing Partner, Anthology Ventures
at@anthologyventures.com

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VITALISE bootcamp Revenue Structures.pdf

  • 1. This project has received funding from European Union’s Horizon 2020 Research and Innovation Programme under Grant Agreement No 101007990. Virtual health and Wellbeing Living Lab Infrastructure Revenue Structures Anthology Ventures SUMMER SCHOOL 2023 Commercialization Bootcamp June 6-7, Bilbao
  • 2. Solving the problem: “Seniors in Care Homes could use a streaming-style TV-based communication platform without the need for assistance from staff”
  • 3. 🤔 Welcome back! Now, where did we leave off?
  • 4.
  • 5. Netflix meets Zoom § TV-based (no additional device required) § Remote control is a familiar object § Interface can be designed in compliance with needs/protocols § Revenue model B2B or B2C: Subscription or pay-per-use § Reduced pressure on staff/facility § Increased independence for residents
  • 6. Voice & Video Calls Revenue Model (free/paid) Interface design (accessibility) Internet speed requirements HW dependency VOIP apps (Skype, Zoom, Meet, Etc.) yes B2C free, B2B paid Not intuitive Medium – high Yes – tablet, phone, PC (can be existing) Dedicated devices (Oscar, Amazon, Grandpad, VIewclix) yes Purchase Designed for Seniors None – High Yes – purchase of new device is required Telephone Voice only Mobile (consumer) Landline (facility) N/A None Existing HW usually sufficient Competition: (Current Solutions) How seniors can connect remotely to their loved ones
  • 7. What’s the difference? REVENUE STREAM REVENUE MODEL BUSINESS MODEL
  • 8. What’s the difference? REVENUE STREAM REVENUE MODEL BUSINESS MODEL Single source of revenue; Can be 1 or many, but better 1 great one than many mediocre ones Strategy of managing all the revenue streams and the resources required for each one Structure that combines all aspects of a company (including revenue) and how they fit/work together
  • 9. Common Revenue Models § Ad-based – (online) Display, Video, Mobile, Native formats § Affiliate – Amazon, Shopify § Transactional – Direct &/or Web sales § Subscription – Netflix, Spotify § Channel sales (indirect) – where distributors are involved § Commission – Uber, AirBnB § Licensing – providers of tech or other IP § Retail – classic brick & mortar stores § Donations – Kickstarter, Patreon § Freemium – LinkedIn, Mailchimp 9
  • 10. Revenue structures Product Who pays What is paid? What is Purchased? Payment structure? How much is paid? Apple Care End User Money Protection Subscription €€ ResearchGate Institution Money Access Subscription €€€€€ Social Network Advertisers, other Companies Money Data One-off Dynamic Social Network End User Data Access Per use Infinite Alexa End User Money Device, Svcs Fee + subscription Dynamic Alexa Advertisers, other Companies Money Data One-off Dynamic
  • 11. Our Product § “A streaming-style, TV-based communication platform” § How many products are possible? § What revenue streams can we identify? § Which of them are – potentially – the most profitable? WHY? § Which of them are – potentially – problematic? WHY?
  • 12. Revenue structures Product Who pays What is paid? What is Purchased? Payment structure? How much is paid?
  • 13. This project has received funding from European Union’s Horizon 2020 Research and Innovation Programme under Grant Agreement No 101007990. Contact us Subscribe to our newsletter: European Network of Living Labs (ENoLL) https://enoll.org/ https://openlivinglabdays.com/ info@vitalise-project.eu Project coordinator: Dr. Evdokimos Konstantinidis Scientific coordinator: Prof. Panos Bamidis Online presence https://anthologyventures.com/ https://www.facebook.com/AnthologyVentures https://www.instagram.com/argyriosspyridis/ https://www.linkedin.com/company/35505743/admin/ Adriane Thrash Managing Partner, Anthology Ventures at@anthologyventures.com