Date post: | 19-Mar-2017 |
Category: |
Technology |
Upload: | wilson-mullen |
View: | 229 times |
Download: | 0 times |
Wilson Mullen (muwilson)
Problem
Lights, thermostat
News, music
All are manual, separate
Solution
Solution
Solution
= =
Proof of Solution
Financials
8.2 million sold (2014-present)
Word of mouth
Pre-existing customer base
Financials
Loss on gadgets
No skill monetization
Profitable on services
Business Model
Business Model,
cont’d.
Easy Amazon purchasing
Special discounts
Echo 10% increase in
Amazon spending
History
2011—first pitch made
11/2014—special
release to invitees
6/2015—public US release
3/2016—Echo Dot
public release
12/2016—Echo
involved in murder
case
Secret Sauce—Skills
3rd party skills
Bonafide platform
No native support
needed
Skills Examples
“Alexa, ask Uber to
get me a car.”
“Alexa, what beer
goes with ramen?”
“Alexa, ask Kayak where
I can go for $400.”
Competition
Amazon Echo/Dot Google Home
3rd party skills ✔ ~Conversational/
remembrance ✘ ✔Large # of supported
smart-home devices ✔ ~Music streaming
capability ✔ ✔
Multi-room audio ✘ ✔
Simple product ordering ✔ ✘
Competition
Amazon Echo/Dot Google Home
3rd party skills ✔ ~Conversational/
remembrance ✘ ✔Large # of supported
smart-home devices ✔ ~Music streaming
capability ✔ ✔
Multi-room audio ✘ ✔
Simple product ordering ✔ ✘
Inevitably forthcoming, but not yet
Competition
Amazon Echo/Dot Google Home
3rd party skills ✔ ~Conversational/
remembrance ✘ ✔Large # of supported
smart-home devices ✔ ~Music streaming
capability ✔ ✔
Multi-room audio ✘ ✔
Simple product ordering ✔ ✘
Entire knowledgebase, algorithms of Google
Prediction—Success Amazon == mover, re-invest
1.5 yr head start
Skills, skills, skills
SourcesProof of Solution:
- https://finance.yahoo.com/news/why-amazons-echo-totally-dominating-133000032.html
Financials:- http://www.nasdaq.com/article/alexa-how-big-is-amazons-echo-cm739959- http://www.businessinsider.com/amazon-echo-sales-figures-stats-chart-2016-12- https://www.bloomberg.com/features/2016-amazon-echo/- https://forums.developer.amazon.com/questions/7528/monetizing-echo-apps-voice-app-store.html- http://www.businessinsider.com/amazon-echo-alexa-add-11-billion-in-revenue-by-2020-2016-9- http://fortune.com/2016/07/11/amazon-prime-customers/
Business Model:- http://www.businessinsider.com/amazon-echo-alexa-add-11-billion-in-revenue-by-2020-2016-9- http://www.recode.net/2016/11/18/13673894/amazon-alexa-deals-weekend-voice-shopping
Timeline:- http://www.businessinsider.com/the-inside-story-of-how-amazon-created-echo-2016-4- https://en.wikipedia.org/wiki/Amazon_Echo- http://www.cnbc.com/2016/12/27/police-said-to-probe-amazon-echo-in-relation-to-murder-case.html
Secret Sauce:- https://www.cnet.com/how-to/most-useful-alexa-skills/- http://www.businessinsider.com/amazon-echo-sales-figures-stats-chart-2016-12
Comparison:- http://www.cio.com/article/3143137/open-source-tools/amazon-echo-vs-google-home-the-choice-is-obvious.html- http://www.howtogeek.com/282568/amazon-echo-vs.-google-home-which-one-should-you-buy/- http://interestingengineering.com/google-home-vs-amazon-echo/
Questions?