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A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
www.seribangash.com
Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
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9. Bonus myth: Facebook is the
world’s 3rd-largest country 9
Country Population
China 1,354,040,000
India 1,210,193,422
Facebook 1,110,000,000
United States 315,822,000
Indonesia 237,641,326
Brazil 193,946,886
Source: Wikipedia
9Monday, May 13, 13
10. Truth:
At best, Facebook is a continent 10
Country Facebook users
United States 168.8 million
Brazil 64.6 million
India 62.6 million
Indonesia 51.4 million
Mexico 40.2 million
Rest of the world 491+ million
Source: Socialbakers.com
10Monday, May 13, 13
22. Importance of social
■ Over 2/3rds of US Internet users regularly use a
social network
■ 83% of consumers say it is important to read user-
generated content before making a decision about
banking or other financial services
■ Visitors who read CPG reviews have a 6% higher
AOV than visitors who don’t read reviews
■ 54% of business travelers made travel plans
based on reviews
22
Source: Bazaarvoice
22Monday, May 13, 13
29. Are we asking the
wrong question?
26Monday, May 13, 13
30. 30%
70%
3x ROI < 3x ROI
Source: Facebook/Datalogix, February 2013
27
50% 50%
5x ROI < 5x ROI
Facebook data match test
27Monday, May 13, 13
31. 30%
70%
3x ROI < 3x ROI
Source: Facebook/Datalogix, February 2013
28
50% 50%
5x ROI < 5x ROI
Facebook data match test
Bonus truth:
Facebook (and social) is like TV
28Monday, May 13, 13
49. 2013: 45% of searches on mobile
0%
25%
50%
75%
100%
2012 2013
55%
65%
45%
35%
Mobile searches Desktop searches
Source: Google
46
46Monday, May 13, 13
50. Bonus truth:
You can ignore mobile so long as your
customers never leave their house
47Monday, May 13, 13
60. 26%
74%
Within 24 hours of arrival More than 24 hours in advance
Source: Priceline.com, February 2013
57
Priceline mobile bookings
Valentine’s Day, 2013
57Monday, May 13, 13
70. Increase in CPC’s
■Increased competition for terms
■Improved clickthrough rates
■Lower overall impression share
67
67Monday, May 13, 13
71. Decline in display CPM’s
■Apparent costs increased
■Total impressions have fallen in
favor of “viewable impressions”
and RTB/increased targeting
68
68Monday, May 13, 13
92. 79
Apple Facebook Google Amazon Microsoft
Search Engine
Social Network
Display
Advertising
Mobile
Web browser
Email/
Communications
Cloud
LBS
Payments
Siri Graph Search Well, duh
A9 + product
search
Bing
??? Well, duh Google+
Goodreads/
Askville
Yammer/Socl
iAds
Facebook
Display Network
DoubleClick
Amazon Media
Group
Microsoft Display
Advertising
iOS Facebook Home Android Kindle Windows Phone
Safari Facebook Home Chrome Silk IE
iCloud
Chat/Messaging/
Video Calling
GMail/Google
Voice/Hangouts
???
Outlook.com/
Skype
iCloud ???
Google Profile/
Google Drive
Cloud Drive/
Cloud Player
Outlook.com/
Office.com
Maps Check-ins/Home
Google Maps/
Google+ Places
Kindle Set to launch
Passbook
Facebook
Payments
Checkout/Wallet
Amazon
Payments
???
79Monday, May 13, 13
93. 80
Apple Facebook Google Amazon Microsoft
Search Engine
Social Network
Display
Advertising
Mobile
Web browser
Email/
Communications
Cloud
LBS
Payments
Siri Graph Search Well, duh
A9 + product
search
Bing
??? Well, duh Google+
Goodreads/
Askville
Yammer/Socl
iAds
Facebook
Display Network
DoubleClick
Amazon Media
Group
Microsoft Display
Advertising
iOS Facebook Home Android Kindle Windows Phone
Safari Facebook Home Chrome Silk IE
iCloud
Chat/Messaging/
Video Calling
GMail/Google
Voice/Hangouts
???
Outlook.com/
Skype
iCloud ???
Google Profile/
Google Drive
Cloud Drive/
Cloud Player
Outlook.com/
Office.com
Maps Check-ins/Home
Google Maps/
Google+ Places
Kindle Set to launch
Passbook
Facebook
Payments
Checkout/Wallet
Amazon
Payments
???
80Monday, May 13, 13
94. 81
Amazon receives $1 out
of every $6 spent online
Source: Internet Retailer, eMarketer (excludes travel, digital downloads and event ticket sales
81Monday, May 13, 13
95. 0
500
1,000
1,500
2,000
2,500
Top Amazon Display Ad Buyers (Millions of impressions)
Weight Watchers AT&T Proctor & Gamble
Source: comScore Festival of Media Presentation, April 2013
82
82Monday, May 13, 13
96. 83
10%
90%
How much of the world’s aggregate
data collected in last 2 years?
2011-2012 Pre-2011
Source: IBM Research
83Monday, May 13, 13
97. Have we reached “peak search?” 84
100%
Source: Google - Search Volume Growth by Source
Mobile Desktop
84Monday, May 13, 13
123. 2012 $224.2 billion
2013 $256.0 billion
2014 $289.8 billion
90
Source: eMarketer, March 2012 and United States Department of Commerce data, December 2012 (US-only e-commerce)
How big is “e-commerce”?
90Monday, May 13, 13
124. 2012 $224.2 billion
2013 $256.0 billion
2014 $289.8 billion
91
Source: eMarketer, March 2012 and United States Department of Commerce data, December 2012 (US-only e-commerce)
6%-7%
How big is “e-commerce”?
91Monday, May 13, 13
131. Showrooming
■ 84% of smartphone shoppers use their devices while in
store (Google)
■ 14% of consumers purchased via mobile while in store
(eMarketer)
■ 60% of “showroomers” claim they were going to
purchase in store, but changed mind after browsing
online while in-store (comScore)
■ Shoppers who use mobile more, buy more (Google)
98
98Monday, May 13, 13
150. Positive return budgeting
■ Digital demands ROAS focus
■ Manage marketing budget and activities to target
return
■ Increase or lower CPC/CPM’s based on conversion
rate (per goal) to achieve target return
117
117Monday, May 13, 13
151. Customer lifetime value 118
Customer
1st
purchase
2nd
purchase
3rd
purchase
4th
purchase
Ongoing Total
Tiger
Rory
Phil
$25
Does not
return
Does not
return
Does not
return
Does not
return
$25 (Low)
$25 $32
Does not
return
Does not
return
Does not
return
$57
(Medium)
$25 $32 $32 $64 ... $153 (High)
118Monday, May 13, 13
162. 128
Text
Tesco Home plus
Virtual stores in subway
stations
+130% online sales
#1 online grocery store
#2 grocery sales overall
No increase in store count
128Monday, May 13, 13
171. Questions to get started
■ Which sales/marketing channels produce
greatest/least profitability?
■ How does your website compare to best-in-
class for content, social, local, mobile?
■ What do your customers think works? Doesn’t?
■ How can you build customer data? Leverage
partner data?
137
137Monday, May 13, 13
172. Summary
■ All marketing is social
■ Mobile is a situation, not a device
■ Own the data, own the customer
■ It’s all e-commerce
■ Customers first, mobile in their pocket
■ Team, team, team
138
138Monday, May 13, 13