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AdVoice




The smart way to wait for an answer!
The Problem: Waiting Time!

    How many times you waited for
    a friend to answer your call?


    How many times you waited for
    customer service to pickup the
    phone?


    How long did you endure
    listening to music you hate or
    meaningless recorded
    messages while waiting?
The Solution: AdVoice
A service that allows users to choose what to hear
while waiting on the phone:

  
      Music albums, movie trailers, local events, offers


The service is provided through a mobile app
(installed on the user’s phone)

  • with a complementing value-added service
Added Value
• For the user
  •   Free.
  •   Customizable (user specifies which types of ads to listen to,
      at which times etc.)
  •   Contextual (taking current location, time, called number into
      account)
  •   Exclusive offers and deals
• For the Advertiser
  •   Highly customizable and targeted (unlike TV & radio)
  •   Highly effective (user hear the ads without distraction from
      the content, unlike the web).
  •   Highly competitive pricing (no recurring content cost)
The vision

 You call your wife while driving from work to
   decide where to go on Friday night. While
 waiting, AdVoice tells you about an amazing
     exclusive offer at your favourite French
 restaurant. Your wife answers the phone and
you suggest the restaurant. She commends the
    choice. Upon finishing your call, you say
 “advoice”. The phone automatically calls the
  restaurant and you make the reservation.
Revenue

    Primary revenue will be generated from
    advertisers
    
        Potential advertisers include movie distributers,
        restaurants, CD distributers, etc.

    Two alternative models:
    
        Pay per click: every time user clicks a provided URL
    
        Pay per play: every time an ad plays (cheaper)

    Secondary sources of income include
    
        Premium services for users
    
        Commission from partner referrals (audio studios)
Market Segment
One third of the      6 billion Mobile devices
surveyed wanted
to hear something      2 billion Smartphones
more useful than
the beeps, or the    1.2 billion Android phones
forced ringback             0.6 billion Android
tunes.                      with Internet

                      0.4 billion willing to hear
                      something other than the
                                 beep
Hypothesis 2: Market segment
                    (cont.)
•   On average a person makes/receives
    8 mobile calls per day (US statistics).
•   More than 80% of callers wait for 3
    beeps or more (enough for one ad).
•   Combining both statistics, a person
    can hear > 8 * 0.8 = 6.4 voice ad per
    day.
•   Potentially 0.4*6.4= 2.5 billion ads to
    be played per day.
•   With only 1 cents an ad, the potential
    revenue is 25 million dollars a day.
• More conservative estimates 0.25 million per day
Risks
Technological
  •   the app necessary functionality is supported by Android
  •   Solution: A prototype app to be developed ASAP
Financial
  •   Advertisers can be hesitant to try a new untested channel
  •   Solution: Competitive pricing offered to early advertisers.
Penetration
  •   Users may not be motivated enough to install the app
  •   Solution: Partnership to be established with smart phone
      distributers to preinstall the app on new sets

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AdVoice

  • 1. AdVoice The smart way to wait for an answer!
  • 2. The Problem: Waiting Time!  How many times you waited for a friend to answer your call?  How many times you waited for customer service to pickup the phone?  How long did you endure listening to music you hate or meaningless recorded messages while waiting?
  • 3. The Solution: AdVoice A service that allows users to choose what to hear while waiting on the phone:  Music albums, movie trailers, local events, offers The service is provided through a mobile app (installed on the user’s phone) • with a complementing value-added service
  • 4. Added Value • For the user • Free. • Customizable (user specifies which types of ads to listen to, at which times etc.) • Contextual (taking current location, time, called number into account) • Exclusive offers and deals • For the Advertiser • Highly customizable and targeted (unlike TV & radio) • Highly effective (user hear the ads without distraction from the content, unlike the web). • Highly competitive pricing (no recurring content cost)
  • 5. The vision You call your wife while driving from work to decide where to go on Friday night. While waiting, AdVoice tells you about an amazing exclusive offer at your favourite French restaurant. Your wife answers the phone and you suggest the restaurant. She commends the choice. Upon finishing your call, you say “advoice”. The phone automatically calls the restaurant and you make the reservation.
  • 6. Revenue  Primary revenue will be generated from advertisers  Potential advertisers include movie distributers, restaurants, CD distributers, etc.  Two alternative models:  Pay per click: every time user clicks a provided URL  Pay per play: every time an ad plays (cheaper)  Secondary sources of income include  Premium services for users  Commission from partner referrals (audio studios)
  • 7. Market Segment One third of the 6 billion Mobile devices surveyed wanted to hear something 2 billion Smartphones more useful than the beeps, or the 1.2 billion Android phones forced ringback 0.6 billion Android tunes. with Internet 0.4 billion willing to hear something other than the beep
  • 8. Hypothesis 2: Market segment (cont.) • On average a person makes/receives 8 mobile calls per day (US statistics). • More than 80% of callers wait for 3 beeps or more (enough for one ad). • Combining both statistics, a person can hear > 8 * 0.8 = 6.4 voice ad per day. • Potentially 0.4*6.4= 2.5 billion ads to be played per day. • With only 1 cents an ad, the potential revenue is 25 million dollars a day. • More conservative estimates 0.25 million per day
  • 9. Risks Technological • the app necessary functionality is supported by Android • Solution: A prototype app to be developed ASAP Financial • Advertisers can be hesitant to try a new untested channel • Solution: Competitive pricing offered to early advertisers. Penetration • Users may not be motivated enough to install the app • Solution: Partnership to be established with smart phone distributers to preinstall the app on new sets

Editor's Notes

  1. New music albums of favorite singers Suggestions of nearby attractions, restaurants, movies Exclusive offers and deals
  2. For the user The service is offered for free to the user. The user can customize his/her waiting time Customizable preferences which types of ads to listen to, at which times etc. Intelligent ad selections taking current location, time, called number into account Exclusive offers and deals for the Advertiser Untapped advertising channel Highly customizable and targeted Ads is customized to individual users (unlike TV & radio) Highly effective User hear the ads without distraction from the content (unlike the web where most ads go unnoticed). Highly competitive pricing Aside from app development cost, and marketing, there is no recurring content cost (unlike TV and Radio)