SlideShare a Scribd company logo
10 Weeks
143 Interviews
2 Restarts
Event Discovery
Travel Planning
Influencer Marketing
A team of pro-travelers
JuanAlex Michael ChaiGaganClay
An online tool to automatically
schedule & book vacation activities
Week: 0 - Interviews: 0
30 interviews showed millennials
want spontaneity during their trips
“I’m on vacation.
No timetables please.”
No problem, we’ll build and app to help
them discover what locals are doing
Week: 2 - New interviews: 30
Turns out millennials are already getting
insider tips organically on social media
“I can get
recommendations from my
friends on Facebook and
that’s great. I don’t need
another app”
Ok, so millennials are heavily influenced
by the content their friends create on
social media
Could businesses benefit
from this content?
Week: 3 - New interviews: 21
What if businesses could sponsor posts from
millennials like they do with celebrities?
Macro
Influencer
100k+
Followers
Nano
Influencer
1k - 10k
Followers
Nano-influencers have 4x
engagement rate and cost 12x less
<
$500k = 6.6m likes $500k = 80m likes
The rise of temporary social media
platforms has eliminated millennials’
reluctance to promote
Let’s build a web platform that allows
businesses to crowdsource marketing
campaigns to nano influencers
Week: 4 - New interviews: 16
Local businesses need
better marketing tools
“I offered 50 free beers on
Facebook, and only 15
people showed up”
Week: 5 - New interviews: 13
Freehouse
Our 6 nano-influencing experiments revealed
3 key drivers of growth
Immediate
Revenue
Branded yet
Organic Posts
Quality
Promotions
We can grow to larger & more scalable
verticals with regional/national brands
Bars & Restaurants
$756M marketing
spend
Week: 9 - New interviews: 48
Consumer Brands
$595B marketing
spend
$595B spent
on ads worldwide
$48B spent
on mobile ads in US
Total influencer market for
brands is big and growing
$2.3B spent
on influencers in US
Ad agencies that build campaigns for
brands will be our key partners in
reaching brands
“Influencer selection
remains the most difficult
part of executing a
campaign for brands”
Horizon Media
Week: 12 - New interviews: 15
Influencer market is fragmented,
no direct competitor in nano space
Influencer Platforms
PR
&AdAgencies
SocialM
edia
A
ds
D
eals
Sites
SocialScoring
In the next 3 months
Recruit nano-
influencers
50 Interviews with
agencies & brands
This is Day 1 of our next
chapter

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Pinpoint Berkeley 2017

  • 1.
  • 2. 10 Weeks 143 Interviews 2 Restarts Event Discovery Travel Planning Influencer Marketing
  • 3. A team of pro-travelers JuanAlex Michael ChaiGaganClay
  • 4. An online tool to automatically schedule & book vacation activities Week: 0 - Interviews: 0
  • 5. 30 interviews showed millennials want spontaneity during their trips “I’m on vacation. No timetables please.”
  • 6. No problem, we’ll build and app to help them discover what locals are doing Week: 2 - New interviews: 30
  • 7. Turns out millennials are already getting insider tips organically on social media “I can get recommendations from my friends on Facebook and that’s great. I don’t need another app”
  • 8. Ok, so millennials are heavily influenced by the content their friends create on social media Could businesses benefit from this content? Week: 3 - New interviews: 21
  • 9. What if businesses could sponsor posts from millennials like they do with celebrities? Macro Influencer 100k+ Followers Nano Influencer 1k - 10k Followers
  • 10. Nano-influencers have 4x engagement rate and cost 12x less < $500k = 6.6m likes $500k = 80m likes
  • 11. The rise of temporary social media platforms has eliminated millennials’ reluctance to promote
  • 12. Let’s build a web platform that allows businesses to crowdsource marketing campaigns to nano influencers Week: 4 - New interviews: 16
  • 13. Local businesses need better marketing tools “I offered 50 free beers on Facebook, and only 15 people showed up” Week: 5 - New interviews: 13 Freehouse
  • 14.
  • 15. Our 6 nano-influencing experiments revealed 3 key drivers of growth Immediate Revenue Branded yet Organic Posts Quality Promotions
  • 16. We can grow to larger & more scalable verticals with regional/national brands Bars & Restaurants $756M marketing spend Week: 9 - New interviews: 48 Consumer Brands $595B marketing spend
  • 17. $595B spent on ads worldwide $48B spent on mobile ads in US Total influencer market for brands is big and growing $2.3B spent on influencers in US
  • 18. Ad agencies that build campaigns for brands will be our key partners in reaching brands “Influencer selection remains the most difficult part of executing a campaign for brands” Horizon Media Week: 12 - New interviews: 15
  • 19. Influencer market is fragmented, no direct competitor in nano space Influencer Platforms PR &AdAgencies SocialM edia A ds D eals Sites SocialScoring
  • 20. In the next 3 months Recruit nano- influencers 50 Interviews with agencies & brands
  • 21. This is Day 1 of our next chapter