Date post: | 14-Dec-2014 |
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Business |
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Eric Dale President, Crossroads
Venture Group
Welcome:
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NETWORKING, EVOLVED.
Foursquare + Evernote meets LinkedIn
Presented by Oji Udezue
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SERVICE SLIDES
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SERVICE SLIDES
Social Media & Mobile Tech
Bruce Blasnik CVG, Stamford
Chapter President
Event Co-Chairs:
David SchafferCVG, Stamford Chapter Board
Member
Entrepreneurial PitchesActivate Brain & Body
AdapTac GamesCopilot Family
Electric CompassFanum
MaxExposure Social Media
MEA Mobile Milnaa
MyBeanJar
Martin Pazzani, Founder/CEO
September 2014
Longevity is the great gift of the 20th century.
The Longevity Economy is the great challenge of the 21st century.
So, we are…
Re-engineering the failed fitness business for an older, unfit population.
A GROUP WANTING TO RE-INVENT AGING
92MILLIONPEOPLEAGES 45 TO 70LOOKINGFOR SOLUTIONS
CREATE CONDITIONS HARMFUL TO BRAINS
COST OF HEALTHCARE RISES WITH AGE
DEMENTIAOBES ITY
DIABETESCARDIOSTRESS
THE MOST INACTIVE UNFIT GROUP EVER9 OUT OF 10BOOMERSARE NOT SERVEDBY TRADITIONALFITNESS OPTIONS
GYM MEMBERSHIP PLUMMETS AT AGE 45
BRAIN GAMES ALONE ARE NOT ENOUGHNEUROGENESIS
EXERCISEIS TRIGGERED BY
AEROBIC AND
RESISTENCE TRAINING
A PROACTIVE MEME FUELED BY MEDIA
CREATING MASSIVE PRIMARY DEMAND
A MASSIVE, UNSTOPPABLE TECTONIC FORCE…
AGING
UNDER-SERVED
COST
PRIMARY DEMAND
NEW SCIENCE
PREVENTION: AN UPSTREAM SOLUTIONTO AMERICA’S HEALTHCARE AND AGING CONCERNS
THE ACT!VATE BRAIN & BODY PROCESS:
TM
1.QUANTIFIED SELF
ASSESSMENT TECH
4. STRESS
REDUCTIONBRAIN EXERCISEBODY EXERCISE
2. BRAIN-BODY
COACH
3.PERSONALIZED
PROGRAM
OPTIMAL PERFORMANCE OF
BRAIN & BODY
PROPRIETARY ALGORITMACT!VATE DASHBOARD
A CONNECTED COMMUNITY: PRIVATE & SOCIAL
REMOTELIVE
COACHING DASHBOARD & APPS
SOCIAL MEDIA
COMMUNITIES
BRAIN-BODYCOACHES
HOMEPROGRAM
QUIETSAFE HAVEN CARING INNOVATIVE OASIS SAVANNAH
HEALTHCARE HOSPITALITY SPA
PRIVATE TRAINING
A PLACE DESIGNED SPECIALLY FOR BOOMERS
CURATED EQUIPMENT
BRAIN EXERCISEBODY EXERCISE
STRESS REDUCTION COMMUNITY
DASHBOARD DRIVEN
Entrepreneurial PitchesActivate Brain & Body
AdapTac GamesCopilot Family
Electric CompassFanum
MaxExposure Social Media
MEA Mobile Milnaa
MyBeanJar
Candice M. Hughes, PhD, MBACEO/Founder
AdapTac GamesBehavioral health games for kids
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[email protected]://adaptacgames.comhttp://www.facebook.com/adaptacgames
Market Challenge
1) “The CNS Market Outlook to 2036.” SCRI Business Insights, July 2011, pg 47-48.2) Adler LD, Nierenberg AA. Postgrad Med. 2010. 122(1):184-191.
• ADHD affects up to 10 million children aged 5-14 in the US.1
• Traditional pharmaceutical treatments carry burdens:• High cost• Lower appetite• Stomach pain• Insomnia• Suicidal thoughts
• While other non-traditional solutions exist, they have issues:• Inaccessible for home use• High cost• Involve tedious activities which patients dread
With these barriers, is it any wonder up to 64% of patients discontinue or don’t adhere to prescriptions?2
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iTunes App Release Dec 2014• Initial ADHD game to improve attention/planning
skills• Tablet app iOS7 & iOS8 compatible and online games
plus parent content resource for subscribers• Game concept: Plan (in library study car part & team
specs); Collect (the fastest vehicle given parts & time constraints & distractors); Race (cross finish line first while fending off attackers)
• Dashboard: Scores for attention, strategy, finish time, task completion, recall. Scores provide needed feedback for improvement.
• Game test has attracted >600 to click “sign up” in 3 months• Efficacy and beta test to start September 15
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Game Scenes
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Sales Growth & Business ModelMarket Potential Subscribership Growth
10M US kids with ADHD
70-75% potential for game-based therapy ~7.5M
5-10% market share 375-750k
Competitive analysis revealed • 7-10% share market potential, • 375-750K potential subscribers
Modest build and growth to a 0.7% market share by yr 2 yields
• First Profit 6-9 MonthsModel: At 1 yr convert from per purchase to online subscription model
Large Potential Market - 0.7% Share Yields Growth and Profits
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Moms clicking beta game test form signup
~6001 3 5 7 9 11 13 15 17 19 21 23 25
02000400060008000
Subscriber Build Up in First 2 Years
Month
# of
Sub
scri
bers
Current Team• CEO/Neuroscientist– Candice M. Hughes, PhD, MBA
• Founder and Principal of Hughes BioPharma Advisers LLC; consultancy with global clients including Fortune 500 firms
• Founded Pharmaceutical/Healthcare Division at venture capital-backed NYC firm; revenue increased $0-$2.4M in 2 years; exit: private sale
• Managed a team for a $10M clinical trial development project at Pfizer• Consultant Game Developers–
• Rey Samonte & Bob Parkinson, (behind scenes consultants) mobile & online game developers (>50 mobile/online games plus Xbox, Playstation, & Sega)
• Game Artists: George Berger- MTV & Nickelodeon ; Scott Butler- >25 mobile games, Playstation, PC games)
• Clinical Consultant: Francine Baffa, PhD, BCBA-D
• Corporate Advisers: Danny Bain, Software Development Manager, Online Products at Tableau Software formerly Group Manager at Microsoft and Manager at Amazon; Chuck Allen, Formerly Dir Tech Ops, COD- Black Ops, Activision, COO at DriveDev; Austin Harley, formerly at Hope Labs, soon to be at Riot Games (League of Legends); Janis Collins at StamfordiCenter & The Refinery
Confi
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Entrepreneurial PitchesActivate Brain & Body
AdapTac GamesCopilot Family
Electric CompassFanum
MaxExposure Social Media
MEA Mobile Milnaa
MyBeanJar
@copilotfamily @ctventure
Navigating Technology Together
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what’s the issue?
Digital devices and social media have created an ‘on-line’ generation of kids who are more technologically adept than their parents, yet without the maturity and wisdom to avoid the challenges and pitfalls this reality creates.
Navigating Technology Together
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who cares?
Navigating Technology Together
IFS Study of 1000 Parents, Family Studies’ March 2014
Parents concerned about technology's effect on their
children
67%
Parents concerned about advertisers learning too much
from their children’s online browsing behavior
80%
72% Parents concerned
about their children meeting strangers online
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what we do
Navigating Technology Together
navigator
family
neighborhoods
flightpath
• day parting features• application inventory• age appropriate content• device location• lock/unlock/wipe
• no ‘flight zones’• detailed usage reports• security/malware• full content management
• curated content• insights• advocacy • community
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what’s the market?
Navigating Technology Together
First Phone24.94%
Tough Love35.46%
Real World39.64%
age 5-9‘First Phone’3.9m smartphones7.3m tablets
age 10-14‘Tough Love’8.6m smartphones7.2m tablets
age 15-18‘Real World’11.9m smartphones5.9m tablets
44.9m devices
Entrepreneurial PitchesActivate Brain & Body
AdapTac GamesCopilot Family
Electric CompassFanum
MaxExposure Social Media
MEA Mobile Milnaa
MyBeanJar
www.electriccompass.com
Electric CompassMakers of the least cool iOS app
Michael ForbesManaging Director
www.electriccompass.com
Electric Compass Tracker
Enterprise AppGPS TrackingTracks mobile
workers for increased productivity, improved safety and cost savings
Supports many devices on the same tracking platform
www.electriccompass.com
Uncool App – Cool Business Model
Software-as-a-Service (Saas) Model “Subscription” serviceRecurring monthly revenue Lower initial cost to customersGreater total revenue over timeSell once – bill again, and
again and again!
www.electriccompass.com
Go To Market Strategy
Channel FocusedPartner with Value Added Resellers
(VARs), Managed Service Providers (MSPs), Independent Software Vendors (ISVs) and hardware manufacturers
Add advanced GPS tracking features to their solutions, enterprise applications and devices
Also sell direct – and we like referrals
Entrepreneurial PitchesActivate Brain & Body
AdapTac GamesCopilot Family
Electric CompassFanum
MaxExposure Social Media
MEA Mobile Milnaa
MyBeanJar
Entrepreneurial PitchesActivate Brain & Body
AdapTac GamesCopilot Family
Electric CompassFanum
MaxExposure Social Media
MEA Mobile Milnaa
MyBeanJar
MAXEXPOSURE! SOCIAL MEDIA
Business Plan OverviewSept. 11, 2014Stamford, CT
MaxExposure!Social Media
The Right Product
The Right Time
The Right Market
The Right Price
The Right Strategy
MaxExposure!Social Media
Patent-Pending Social Media Analysis™ process
www.YourSocialMediaAnalysis.com
This Analysis provides a business owners with a definitive “grade” on the effectiveness of their social media, based on ‘industry standards’
95%Small businesses have an Index Score under
50%
MaxExposure!Social Media
We Set - up, Manage & Maintain Social Media for small businesses...• On-going posting of relevant content
• Reputation Monitoring and Replies
• Competition Monitoring
• Reports and Analytics
• Ongoing Coaching on Audience Building
• Price “locked” for the life of the contractDoing it wrong, is as bad as, not doing it
at all...
MaxExposure!Social Media
Sales StrategyB2B Direct Sales via:
Sales Reps - Full & Part Time “straight commission” • 7.5% - 25% per sale paid weekly!• Paid for life of clients
Business Builders• Receiving overrides on unlimited sales reps• No territories or boundaries
District Sales Managers• Employing Full Time sales reps• Commissions paid to DM for Life of Client
Resellers• Already selling to small business• Add on, lead in or expansion of current line
Sales Partners• Online Sales• Tele-Marketing Sales
MaxExposure!Social Media
A Division of: B2B Global Network, Inc.
Contact:Joe Grushkin, CEO & President203.557.3670
Home Office: 41 Oak Street, Suite #101Westport, CT 06880 [email protected]
Sales & Reseller Opportunity Info
www.MaxExposureSocialMedia.comProduct/customer info
www.YourSocialMediaIndex.comSocial Media Analysis™ Process
Entrepreneurial PitchesActivate Brain & Body
AdapTac GamesCopilot Family
Electric CompassFanum
MaxExposure Social Media
MEA Mobile Milnaa
MyBeanJar
Entrepreneurial PitchesActivate Brain & Body
AdapTac GamesCopilot Family
Electric CompassFanum
MaxExposure Social Media
MEA Mobile Milnaa
MyBeanJar
MILNAA.COM
Enterprises, customers, and friends share, communicate,
work and collaborate.
India-based destination hub
through which …
Milnaa’s Solutions
TENCENT’S (QQ.com)YE 2013
Market Cap -US$125 Billion
Intranet/Extranet for enterprises
Consumer platform with content
catered to regional identities Indian
users’
India’s Massive “Social Business” Opportunity
User growth from 213 million to 550 million in next 3 - 4 years
Underserved rural market of 800 million
42% of Indians want local content and language
GDP of rural India at $3 trillion in purchasing power
60 million small and medium enterprises
Trajectory
Desktop
PlatformEnterprise Customers
Marketing and Content Partners
Next Steps
Regional Banks
&
Media Companies
Mobile
&
Universal Messaging
BJP Party
&
Local Governments
Entrepreneurial PitchesActivate Brain & Body
AdapTac GamesCopilot Family
Electric CompassFanum
MaxExposure Social Media
MEA Mobile Milnaa
MyBeanJar
BeanJar, Inc. Confidential 63
2 huge problems, 1 simple solution
Brand AdvertisersNeed to engage new customers, build loyalty, motivate in store and/or online purchases.
Game PublishersNeed to acquire and retain users, monetize, add to user experience.
MyBeanJarDelivers targeted digital coupons as rewards for achievements in online and mobile games. MBJ charges sponsors, shares revenue with publishers.
BeanJar, Inc. Confidential 64
1. Play & win from any game
2. Open MBJ, click on reward
3. Redeem at store or online
SHOW THIS TO STORE CLERKREDEEMED 04/16/12 11:12PST
Free PastryNo purchase necessary
play. win real stuff. get it now.
.
in-game & post-game engagement
BeanJar, Inc. Confidential 65
TV Print Radio Internet Mobile0%5%
10%15%20%25%30%35%40%45%
Ad SpendTime Spent
ad spend quickly shifting to mobile
In-game mobile ad spend predicted to reach $7B by 2015
This gap is a$20B opportunity
BeanJar, Inc. Confidential 66
best bang for the buck• Adverti sers pay MBJ 10¢ per reward delivery• Publisher gets 25% share of that revenue
The MBJ “Money Machine” 6 Beans delivered/hour/MBJ User x 4 Hrs/mo of MBJ-embedded play= 24 Beans/mo delivered in-games + 24 Beans for post-game actionsx 10¢ Fee per Bean deliveredEach “Bean” = 1 full offer
=
Players receive only rewards they request to assure relevance. No accumulation or points—Impulse purchase from instant gratification.
$4.80 Gross ARPU (Avg Rev/User/Mo)
usage/events key metrics
Bean SharedEmailText messageFacebookTwitter
Bean Website ViewedBean Redeemed
Sponsor List ViewedSponsor Website BrowsedSponsor/Bean Liked
Game List ViewedPublisher Website BrowsedGame Viewed in App Store
Video Watched
63% of users at least 1x 24% of users at least 1x19% of users 1x31% of users at least 1x9% of users at least 1x74% of users viewed at least 1 website per session18% avg redemption rate on all Beans, 44% high (BR)
62% of users-at least 1x per session71% of users who viewed- at least 1x per session24% of users
59% of users- at least 1x per session34% of users who viewed48% of users who viewed
16% of users viewed
User data supplied by Flurry Analytics, and BeanJar’s GPS tracking algorithms.Users won Beans, and interacted with MBJ app. Results measured over 8-week trial period.
BeanJar, Inc. Confidential
Keynote Speakers:
Social Media & Mobile Tech
STEPHANIE ABRAMS
CEO
COURTNEY SPRITZER
COO
STEPHANIE ABRAMS & COURTNEY SPRITZER - SOCIALFLYNY.COM - [email protected] 70
AGENDA
What is social media?Important social media marketing goals for startupsSocial media best practices
STEPHANIE ABRAMS & COURTNEY SPRITZER - SOCIALFLYNY.COM - [email protected] 71
WHATISYOURPERSONALEXPERIENCEWITHSOCIALMEDIA?
BASICUNDERSTANDING,
NOREALEXPERIENCEWHAT’S
SOCIALMEDIA?
PROFICIENT...I’MKIND
OFABIGDEALSOME
EXPERIENCE
ISHOULDBETEACHINGTHISCLASS
STEPHANIE ABRAMS & COURTNEY SPRITZER - SOCIALFLYNY.COM - [email protected] 72
WHAT SOCIAL MEDIA SITES ARE BEST FOR START UPS
I feel like somepizza. #sohungry
Here’s why I’meating pizza
Video of meeating pizza
Here’s a photoof my pizza
I’m really goodat eating pizza
STEPHANIE ABRAMS & COURTNEY SPRITZER - SOCIALFLYNY.COM - [email protected] 74
MOBILE
LOCATION
WEB
MOBILESITE MOBILE
APP
SEO
SOCIAL
SEM
EMAILMARKETING
SOCIALCOMMERCE
SOCIAL
ECOMMERCE
BLOG
FORUMS
EVENTS
QRCODES
DIGITALLANDSCAPE
STEPHANIE ABRAMS & COURTNEY SPRITZER - SOCIALFLYNY.COM - [email protected] 75
WHY SOCIAL MEDIA FOR START UPS?
STEPHANIE ABRAMS & COURTNEY SPRITZER - SOCIALFLYNY.COM - [email protected] 76
SOCIALMEDIAGOALS:
GENERATELEADS&DRIVESALES
INCREASEBRANDAWARENESS
MANAGEYOURONLINEREPUTATION
PROVIDECUSTOMERSERVICE&RETENTION
STEPHANIE ABRAMS & COURTNEY SPRITZER - SOCIALFLYNY.COM - [email protected] 77
SOCIALMEDIAGOALS:
GENERATELEADS&DRIVESALES
INCREASEBRANDAWARENESS
MANAGEYOURONLINEREPUTATION
PROVIDECUSTOMERSERVICE&RETENTIONENHANCESEARCH
ENGINEOPTIMIZATION
STEPHANIE ABRAMS & COURTNEY SPRITZER - SOCIALFLYNY.COM - [email protected] 78
GENERATE LEADS AND DRIVE SALESCASE STUDY: LYFT
STEPHANIE ABRAMS & COURTNEY SPRITZER - SOCIALFLYNY.COM - [email protected] 79
SOCIALMEDIAGOALS:
GENERATELEADS&DRIVESALES
INCREASEBRANDAWARENESS
MANAGEYOURONLINEREPUTATION
PROVIDECUSTOMERSERVICE&RETENTION
ENHANCESEARCHENGINEOPTIMIZATION
STEPHANIE ABRAMS & COURTNEY SPRITZER - SOCIALFLYNY.COM - [email protected] 80
INCREASE BRAND AWARENESS
More cost-effective than traditionalmarketing & advertising
Allows for targeted distribution
STEPHANIE ABRAMS & COURTNEY SPRITZER - SOCIALFLYNY.COM - [email protected] 81
STEPHANIE ABRAMS & COURTNEY SPRITZER - SOCIALFLYNY.COM - [email protected] 82
INCREASE BRAND AWARENESSCASE STUDY: MANI DIARIES
STEPHANIE ABRAMS & COURTNEY SPRITZER - SOCIALFLYNY.COM - [email protected] 83
STEPHANIE ABRAMS & COURTNEY SPRITZER - SOCIALFLYNY.COM - [email protected] 84
INCREASE BRAND AWARENESSCASE STUDY: MANI DIARIES
STEPHANIE ABRAMS & COURTNEY SPRITZER - SOCIALFLYNY.COM - [email protected] 85
MANAGE YOUR ONLINE REPUTATION
Establish your credibilityFrom “Controlling the message”to full transparency
STEPHANIE ABRAMS & COURTNEY SPRITZER - SOCIALFLYNY.COM - [email protected] 86
MANAGE YOUR ONLINE REPUTATIONCASE STUDY: CHAPSTICK
“Be heard at facebook.com/Chapstick”
Source: www.adweek.com
STEPHANIE ABRAMS & COURTNEY SPRITZER - SOCIALFLYNY.COM - [email protected] 87
STEPHANIE ABRAMS & COURTNEY SPRITZER - SOCIALFLYNY.COM - [email protected] 88
PROVIDE CUSTOMER SERVICE AND RETENTIONCASE STUDY: TARGET
STEPHANIE ABRAMS & COURTNEY SPRITZER - SOCIALFLYNY.COM - [email protected] 89
STEPHANIE ABRAMS & COURTNEY SPRITZER - SOCIALFLYNY.COM - [email protected] 90
36.4%12.5%
9.5%7.9%6.1%
4.1%3.8%3.5%
ENHANCE SEARCH ENGINE OPTIMIZATION
Rank # versus Average CTR
STEPHANIE ABRAMS & COURTNEY SPRITZER - SOCIALFLYNY.COM - [email protected] 91
SOCIAL MEDIA BEST PRACTICES
STEPHANIE ABRAMS & COURTNEY SPRITZER - SOCIALFLYNY.COM - [email protected] 92
1. ENCOURAGE SHARING ACROSS ALL PLATFORMS
STEPHANIE ABRAMS & COURTNEY SPRITZER - SOCIALFLYNY.COM - [email protected] 93
2. POST PICTURES WITH EVERY POST- Be very visual – showcase your brand- All photos should be high resolution
STEPHANIE ABRAMS & COURTNEY SPRITZER - SOCIALFLYNY.COM - [email protected] 94
3. BE PROACTIVE
- Tweet to influencers
- Search hashtags and Start Conversations
- Re-pin from your target customers on Pinterest
STEPHANIE ABRAMS & COURTNEY SPRITZER - SOCIALFLYNY.COM - [email protected] 95
4. FACEBOOK ADVERTISING- Target your exact customer by age, location, gender,
interests, income, and marital status
STEPHANIE ABRAMS & COURTNEY SPRITZER - SOCIALFLYNY.COM - [email protected] 96
1. Background- LYFT is a “Clean Caffeine” energy product infused with all
natural caffeine
- LYFT is an innovative product that provides a new and unique energy experience for consumers who are not satisfied with
their current choice of energy drinks or shots.
STEPHANIE ABRAMS & COURTNEY SPRITZER - SOCIALFLYNY.COM - [email protected] 98
2. Objectives
We created a social media strategy based on the following objectives:
• Build an overall brand awareness across all social media
platforms
• Grow fan following, engagement and organic sharing
• Drive traffic to purelyft.com
• Encourage trials of LYFT
• Demonstrate rapid social media growth to investors
STEPHANIE ABRAMS & COURTNEY SPRITZER - SOCIALFLYNY.COM - [email protected] 99
3. Tactics
• Created a strategy for Facebook, Twitter, Instagram
• Managed Facebook, Twitter and Instagram accounts
• Created and managed Facebook ads
• Produced a compelling conversation calendar focused on driving
user engagement, creating overall brand awareness, highlighting
press and driving sales
• Implemented contests on Facebook, Twitter, and Instagram to
grow social media audience as well e-mail subscribers
STEPHANIE ABRAMS & COURTNEY SPRITZER - SOCIALFLYNY.COM - [email protected] 100
STEPHANIE ABRAMS & COURTNEY SPRITZER - SOCIALFLYNY.COM - [email protected] 102
Blogger Interaction Customer Interaction Engaging Post
STEPHANIE ABRAMS & COURTNEY SPRITZER - SOCIALFLYNY.COM - [email protected] 103
Engaging Tweets Customer Interaction
Mentions
STEPHANIE ABRAMS & COURTNEY SPRITZER - SOCIALFLYNY.COM - [email protected] 104
Engaging Post Customer Interaction Mentions
4. Results
• Increased Facebook “Likes” by 579% (from 925 to 6,284 in 4 months)
• Increased Twitter followers by 461% (from 56 to 314 in 4 months)• Increased Instagram followers by 315% (from 101 to 419 in 4
months)• Increased engagement
STEPHANIE ABRAMS & COURTNEY SPRITZER - SOCIALFLYNY.COM - [email protected] 105
Q&A
Social Media & Mobile Tech
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