State of the U.S. Online Retail Economy in Q4 2011 (comScore) -Feb12Retelur Marketing
Estudio realizado por ComScore en el que se analizan el aumento de las ventas online retail durante el último trimestre del año 2011 en EE.UU. (inglés).
Modern era marketing has become a 24/7 quest to deliver offers, information, alerts and invitations to individuals that are personalized to their needs, interests, and product usage profile. And this communication must take place seamlessly across multiple channels including in-store, and online.
Today's customers are hyper-connected and highly influential. Which is why "Personalization" has become the new marketing imperative. Marketing to the Power of ONE involves the effective use of customer data and cross-channel marketing automation technology to "serve" customers better by delivering a brand experience that fuels continued product usage and invites brand advocates to share their recommendations.
In this presentation, Joel Book discusses the major factors that are transforming marketing and explains what this means for brands. He then outlines how smart brands are building their integrated digital marketing strategies on the four cornerstones of the Brand Website, Email Marketing, Social Media and Mobile.
Included are multiple examples and case studies from B2C an d B2B brands that innovative and successful users of digital marketing.
Elaine Bramley's presentation at the IAB mobile marketplace on 19 July 2010 i...Bango
Presentation by Elaine Bramley, SVP of customer services, Bango, at the IAB Mobile Marketplace conference in New York on 19 July 2010.
It offers an insight on how best to manage mobile metrics, at a time when some brands are still unsure about exactly what and how to measure on mobile.
DMS: Opening Workshop with Marchex: Driving Profitable Mobile Marketing Campa...Digiday
Consumers are embracing mobile devices, which already command 25 percent of our screen time. However, the diversity of these devices and how they are used present major measurement and data collection challenges for marketers. Marchex will discuss how our usage of smartphones and other mobile devices for offline purchases, such as phone calls, can be used to create profitable mobile marketing campaigns and provide deep and actionable marketing insights about customers.
Moderator: John Busby, vp Marchex Institute, Marchex @JohnMBusby
DIY Paid Search (PPC), a copy of the presentation delivered by Firas Wahida, bigmouthmedia from the CIM Peterborough, Digital Marketing Boot Camp held on 25th May 2011 at Perkins Innovation Centre
A talk provoking forward thinking with regards to social media, mobile, and mobile payments. What are the opportunities for tapping into networks and advancing marketing & PR alongside the rise of mobile payments?
State of the U.S. Online Retail Economy in Q4 2011 (comScore) -Feb12Retelur Marketing
Estudio realizado por ComScore en el que se analizan el aumento de las ventas online retail durante el último trimestre del año 2011 en EE.UU. (inglés).
Modern era marketing has become a 24/7 quest to deliver offers, information, alerts and invitations to individuals that are personalized to their needs, interests, and product usage profile. And this communication must take place seamlessly across multiple channels including in-store, and online.
Today's customers are hyper-connected and highly influential. Which is why "Personalization" has become the new marketing imperative. Marketing to the Power of ONE involves the effective use of customer data and cross-channel marketing automation technology to "serve" customers better by delivering a brand experience that fuels continued product usage and invites brand advocates to share their recommendations.
In this presentation, Joel Book discusses the major factors that are transforming marketing and explains what this means for brands. He then outlines how smart brands are building their integrated digital marketing strategies on the four cornerstones of the Brand Website, Email Marketing, Social Media and Mobile.
Included are multiple examples and case studies from B2C an d B2B brands that innovative and successful users of digital marketing.
Elaine Bramley's presentation at the IAB mobile marketplace on 19 July 2010 i...Bango
Presentation by Elaine Bramley, SVP of customer services, Bango, at the IAB Mobile Marketplace conference in New York on 19 July 2010.
It offers an insight on how best to manage mobile metrics, at a time when some brands are still unsure about exactly what and how to measure on mobile.
DMS: Opening Workshop with Marchex: Driving Profitable Mobile Marketing Campa...Digiday
Consumers are embracing mobile devices, which already command 25 percent of our screen time. However, the diversity of these devices and how they are used present major measurement and data collection challenges for marketers. Marchex will discuss how our usage of smartphones and other mobile devices for offline purchases, such as phone calls, can be used to create profitable mobile marketing campaigns and provide deep and actionable marketing insights about customers.
Moderator: John Busby, vp Marchex Institute, Marchex @JohnMBusby
DIY Paid Search (PPC), a copy of the presentation delivered by Firas Wahida, bigmouthmedia from the CIM Peterborough, Digital Marketing Boot Camp held on 25th May 2011 at Perkins Innovation Centre
A talk provoking forward thinking with regards to social media, mobile, and mobile payments. What are the opportunities for tapping into networks and advancing marketing & PR alongside the rise of mobile payments?
How do you connect the worlds of social and mobile with affiliate marketing ROI? By connecting your customer at multi-touch points through the new marketing conversion called brevenue.
Experience level: Intermediate
Target audience: Merchant/Advertiser
Niche/vertical: Lead Generation
Declan Dunn, Managing Partner, Dunn Direct Media (Twitter @declandunn)
iDirect is the confluence of digital and direct marketing. It is interactive, information-driven, insightful, innovative and iterative. This presentation highlights the imperative for iDirect and its 4 fundamental tenets.
According to Gartner, each year businesses see 1/5th of their marketing budgets go to waste due to inaccurate data and reporting that leads to ineffective marketing decisions and under-performing campaigns. In this presentation, we will guide you through a proven and efficient process that standardizes the tracking and measurement of marketing campaigns. By eliminating siloes, boosting productivity, and addressing existing and future data accuracy challenges, this approach ensures reliable insights that drive informed decisions and deliver higher marketing return on investment (ROI).
The Future of Location Based AdvertisingBernard Leong
Delivered the presentation on 23 June 2011 at Smart Mobility Conference organized by IDA during CommunicAsia 2011 at Marina Bay Sands. We provide some recent trends in mobility, the different technologies about location based advertising, and provide some recent numbers from Chalkboard and also some metrics coming out from our campaign facilitated by Housing Development Board with Joo Chiat Complex.
According to Gartner, each year businesses see 1/5th of their marketing budgets go to waste due to inaccurate data and reporting that leads to ineffective marketing decisions and under-performing campaigns. In this presentation, we will guide you through a proven and efficient process that standardizes the tracking and measurement of marketing campaigns. By eliminating siloes, boosting productivity, and addressing existing and future data accuracy challenges, this approach ensures reliable insights that drive informed decisions and deliver higher marketing return on investment (ROI).
Lessons of the Apartment Internet Marketing ConferenceAppFolio
This webinar highlights the very best of the AIM 2012 Conference and reveals the cutting edge topics slated for 2013 so you can get a jump on the competition and market like a rock-star. This complimentary webinar will provide you with action-oriented information that you can use in your marketing and training efforts today.
Similar to Endorphin Platform - Social Scoring Platform. (20)
2. WHY NOW?
An enormous amount of digital data
about our lives is being produced daily, Endorphin was created to make sense
and with the smartphone and tablet of this data and improve the way we
boom, it will grow exponentially in the live.
next 5 to 10 years.
2
3. SOLUTION
Social scoring platform
for digital footprints evaluation
Open API for developers
Big data
ENDORPHIN API
Cloud-based
3
4. USAGES
B2B B2C
Smart social customer Mobile app for smart social
segmentation service for e- search among its 1st and 2nd
commerce degree connections.
4
5. DATA
◉ Collecting personal digital ◉ Appling knowledge available through
footprint data from: scientific researches in sociology,
economy, behavioral and cognitive
psychology.
Looking forward futuristic
data trackers, e.g Nike+
Fuelband, Jawbone up
5
6. SCORING ALGORITHMS
Endorphin uses scorecards to evaluate the
weight of each variable in the scoring
formulas, e.g. education, career dynamics,
travel history, activities etc. from trusted data
sources on top universities, restaurants,
companies, attractions, etc.
8. PAIN POINTS
◉ No customer’s data
◉ Low conversion to buying customers
◉ High CAC
◉ Low LTV
9. STATISTICS
• The U.S. e-commerce market is big ($200B+), getting
bigger (9% CAGR through 2015), and still early (only 9% of
total retail)
• Data will grow over 800% in the next 5 years and 80% of
these data will be unstructured
9
10. E-COMMERCE GET:
◉ Influential customers and provide them with perks in
return for like/share on Facebook
◉ Welthiest customers and offer them loyalty programs
◉ Adjustable evaluation algorythms for store’s marketing
goals achivement.
11. ◉ BestBuy.com needs to increase
USE CASE
conversion to buying customers and
decrease customer acquisition cost for
✔ For example, if a customer is influential, he/she is
offered 5% discount on a desired product in return for
like/share of this product on Facebook.
John sees call-to-action «Link your Facebook or Twitter and get a discount
depending on your Influence right now»
John signs up with Facebook and/or Twitter to bestbuy.com
John likes/shares the headphones via Facebook
John gets a promo code to apply in a ckeckout which gives him a 5% discount
John on the headphones
John buys the headphones with a 5% discount
for
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12. USE CASE
◉ Amazon.com needs to increase
Lifetime Value for
✔ For example, if customer has the income bigger than
120,000$ per year, he/she can get a premium account
immediately.
John chooses a product – the case for iPhone
John goes to check out page
John sees call-to-action «Link your Linkedin and try to get a free premium
account right now»
John signs in with Linkedin
John John gets a free premium account
John uses his previledges and get 5% discount
PREMIUM for
13. BUSINESS-MODEL
Pay-per-API call
First 1000 API calls are free
Over 1000 API calls – $0,1 per each
Metrics:
Conversion rate: 25%
LTV: $18K
Acquisition cost: $1K
13
14. U.S. MARKET
$248B*
* In condition of 149,8M online-buyers in 2012
14
15. METRICS & EXPECTED
×
DELIVERABLES
∞ % ≈
1. Monthly growth of API calls = 50%
2. Avarage amount of API calls per user per month = 5,000
∀ 3. Monthly growth of users = 40%
4. User/Paying User per month = 25%
5. Rate of Return within new users = 70%
÷
∀ ∑
# % ⨍
17. USER GET:
Ability to perform search among 1st & 2nd degree connections by criteria
Sort search by ratings (success, influence, likemindness, strength of connections)
Comprehensive summary on anyone on the web
Strength of connection towards person of interest.
◉ Processing and analyzing digital footprint data of your social connections gives useful
insights to making more educated decisions in new personal and professional
relationship.
18. HOW DOES IT WORK?
USE CASE
John’s looking for VC in SV
27. 6. Johns looks for
the strongest link
between him and
Dave
24
28. APP
MARKET
$2,76B*
* In condition of > 23M active users of LinkedIn with
500+ connections are our Target Audience as people that
care the most about their professional network. 25
29. B2C BUSINESS MODEL
Freemium
Makes money on extra exploring tools and
complex ratings.
Metrics:
Conversion rate views/users: 70%
Conversion rate for paying user: 10%
LTV: $350
CAC: $3.4
31. UNLIKE COMPETITORS
ENDORPHIN:
◉ Evaluates Success, Likemindness, Wealth, Strength of
Connection
◉ Evaluates Social Graph
◉ Provides Open API with Scoring
◉ Adjustment for developers, businesses, etc.
28
32. FOUNDERS
Artem Zavyalov Victor Strelbitskyy
Co-founder, CEO.
Co-founder and COO.
Role in a team: product
Role in a team: team’s management,
management and development,
operational issues, presentations.
vision, strategy, concept. Sees
Pays attention to details.
the overall picture.
TEAM ADVISORS
Vasyl Kryvonos Roman Sidorenko
CTO, Certified PM, experienced Customer and Product Development,
tech-team lead Concept Advisor
and
Michael Kozloff
4 Highly Experienced engineers in Tech Team and Business Development Advisor
2 UX pros in UX Team
29
33. KEY IP
◉ Proprietary data warehouse platform, including
ETL tools and algorithms
◉ Proprietary scorecards and decision-making
platform
30
34. ENDORPHIN’S HISTORY
October 2011 – Endorphin launched as the Platform for seeking new
acquaintances (weakly scalable business model)
January 2012 – Pivot to Social Scoring Platform
April 2012 – Customer Development and Reality Check at Blackbox Connect
Accelerator in Silicon Valley (lean startup, customer development, pitching,
networking)
May - August 2012 – Prototyping (Design, UX, Technical prototype)
September 2012 – Reality Check in Startup Alley at TC Disrupt San Francisco
October 2012 – Raised $250K Seed funding from the Untitled VC
December 2012 – Finalist at Techcrunch Moscow Startup BattleField
March 2013 - Awarded with $60K grant from Microsoft (BizSpark+)
April 2013 – MVP launch: mobile apps for iOS and Android
35. NOW
◉ Intervied over 400 people personally to prove the interest for such a service
with 8 out of 10 people willing to use it
◉ Over 300 signups for app beta-testing at TechCrunch Disrupt SF
◉ 15 000 lines of code written
◉ Platform’s beta-API
◉ Demonstration of platform’s API in iOS and Android Mobile app
36. ROADMAP
MVP – Launching mobile app to demonstrate platform’s API.
Endorphin after round A funding:
Release 2
Smart social customer segmentation service for e-commerce
Release 3
Big Social Data Platform with Open API for businesses and developers
37. INVESTMENT
Needs for the next rounds
May 2013
$2M
$2M from a pool of investors as
Semptember 2012 $0,25M convertible notes
$0,25M pre-seed investments from
The Untitled VC
Click here
angel.co/endorphin
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