8. Market Size
$300Billion
Yearly spent on online ads.
60% to
70%
$50B
So our goal is to optimize
10% of this market in next
3 years. Thus $5B in 3
Years.
9. Business Model (Subscription + Premium)
Small tickets
$200 - $2000
Per month
BIG tickets
$2000 - $20,000
Per month
Good Morning everyone. I am Veer Mishra & i am the co-founder of Neuron,
When i started working on this product, i just had one thing in my mind, which was i wanted to help business optimize their marketing spend on social networks by allowing them to focus on people who matter them the most and thus helping them to convert much better & Save a lot of important cash.
Because today if you are a business like flipkart or amazon or ask me. Let us consider askme for an instance, in one of my recent interactions with their core team, i got to know that their marketing and ad spent on facebook for the last quarter will be approximately $1m, which is insanely huge.
Now spending money on social is not a problem, but figuring out whom to target through this marketing amount is a big problem.
When you try to capture audiences using facebooks targeting, you get to target them by a lot of means right, like geography and interests etc. But you never can get an individual depth targeting and analysis for this marketing spend.
What you get are just numbers and demographics .. You dont get to know who are the people who matter you the most and whom should you target and you cannot map those peoples activity as you dont know them.
Through neuron, we want help you do that. We want to provide you a business intelligence through our technology to optimize your marketing spend and also target the right set of people who matter you the most. Now how we do that?
We then through Sentiment Analysis classify people based on their comments as +ve & -ve & then rank them accordingly based on their entire activity till date & preset the top most influential fans to partner with or to cater to.
This thus helps you increase your conversion as you target to right set of customers.
& also helps you to optimize your marketing spen on social networks,
Famebit is what vidooly wants to acquire. At the same time, it does stuff for youtube what we did for facebook.
RE|Fame :
We have some amazing customers like spangle, exploita, getnow, Beyond pink, get me a shop & Zepo.
So as you can see in just one month from putting it live, we have gathered a sales revenue of $1000 in the very first month.