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Venyo : Improve local search and advertising business thanks to reputation

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Venyo : Improve local search and advertising business thanks to reputation
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Improve local search and advertising business thanks to reputation
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Page 1: Venyo : Improve local search and advertising business thanks to reputation

Improve local search and advertising business thanks to reputation

Page 2: Venyo : Improve local search and advertising business thanks to reputation

“Geolocation is fine, but not enough…”

Help your users to choose a businessHelp your users to choose a business

Page 3: Venyo : Improve local search and advertising business thanks to reputation

“and is not a USP anymore”

Help your users to choose a businessHelp your users to choose a business

Page 4: Venyo : Improve local search and advertising business thanks to reputation

Ratings are part of the solution…Ratings are part of the solution…

Page 5: Venyo : Improve local search and advertising business thanks to reputation

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TV Radio Outdoor Sponsorships ProductPlacement

Consumerposts on

board

Otherconsumers

Believers Skeptics

Trust in

consumers

growsTrust in

consumers

grows

“Indicate your level of trust in the following ads”

Source : © Forrester Research and Intelliseek - 2009

“Companies generally tell the truth in ads”

because social shopping is booming !because social shopping is booming !

Page 6: Venyo : Improve local search and advertising business thanks to reputation

“User Generated Content is hard to manage”

But it is not your core businessBut it is not your core business

How to increase the volume of ratings and reviews ?

How to be sure the content is appropriate and useful?

How to get reliable information to rank businesses?

How to monitor and control fraud attempts ?

How much time and money will it take ?

1

2

3

4

5

Page 7: Venyo : Improve local search and advertising business thanks to reputation

A white label service provided by an

organization which is specialized in reputation

management for 2006

All ratings are analyzed to monitor each

business reliability and get a unique trust index

Instead of costing money, the Venyo reputation management service is a new source of revenues

Only customers who really buy some of their products or services can rate businesses

“A unique reputation management service”

Venyo developed a B2B solutionVenyo developed a B2B solution

Page 8: Venyo : Improve local search and advertising business thanks to reputation

The Vindex™“The trust index based on customers evaluations”Customers-generated reputation guaranteed by a third party

Venyo productVenyo product

78%

Page 9: Venyo : Improve local search and advertising business thanks to reputation

The Vindex will help users to search...The Vindex will help users to search...

Page 10: Venyo : Improve local search and advertising business thanks to reputation

“7 plumbers have a good reputation in Waterloo”

and to choose a trusted advertiser !and to choose a trusted advertiser !

Page 11: Venyo : Improve local search and advertising business thanks to reputation

Step 1 - The Vcard (advertiser identification)The only gateway to the evaluation process

The evaluation processThe evaluation process

Page 12: Venyo : Improve local search and advertising business thanks to reputation

Detail of the Vcard

The evaluation processThe evaluation process

My Business Ltd Tel : 020 7218 3292Fax : 020 7218 3293

[email protected]

Awful = 1/5Poor = 2/5

Average = 3/5Good = 4/5

Excellent = 5/5

COULD YOU PLEASE RATE OUR BUSINESS ?

Quality How good was the product or service ?

Reliability How well did we meet your expectations, when you expected it ?

Value How good was the quality compared to price ?

Imperial House, 13-15 Kingsway London, WC2B 6UN

Text the code FHLM DXZA to 3223*Following by your evaluation from 1 to 5 for these 3 criteria

Example : FHLM DXZA 4354 = Good quality 3 = Average reliability 5 = Excellent value* 0,15 € /SMS

Page 13: Venyo : Improve local search and advertising business thanks to reputation

Step 2 - The SMS (user identification)The evaluation has to be done by SMS

How does it work ?

1. SMS the Vcode with the 3 digits evaluation to 3223

2. SMS back with confirmation and credentials to review online

3. Login with phone number and Vcode to write a review

The evaluation processThe evaluation process

Page 14: Venyo : Improve local search and advertising business thanks to reputation

The evaluation process - overviewThe evaluation process - overview

The Vcard The Vcard

1

SMS HTTPSOAPFTP

32

Web Web

Mobile Mobile

ADVERTISER

USER

1. Quality : 4/52. Reliability : 3/5

3. Value : 5/5

FHLM DXZA 435

Server ClusterServer Cluster

CONSUMER

Only consumers can ratebusinesses by SMS on 3 performance criteria

Ratings are processed to get a unique trust index and to cope with fraud

Users can rank and find reliable businesses or services in their area

Page 15: Venyo : Improve local search and advertising business thanks to reputation

The proposed workflow stepsThe proposed workflow steps

Step 1Step 1 Step 2Step 2 Step 3Step 3 Step 4Step 4 Step 5Step 5

The YP sales force promote & sell the reputation service

The advertisers give the Vcards to their customers

YP displays the reputation on her Web and Mobile Platforms

Venyo produce and ship the customized Vcards to the professionals

Venyo process the ratings and get a unique trust index

Page 16: Venyo : Improve local search and advertising business thanks to reputation

What are YP benefits What are YP benefits

OutsourcingOutsourcing

Thanks to Venyo, YP adds costless and effortless the best reputation management service available on the market

Thanks to Venyo, YP adds costless and effortless the best reputation management service available on the market

FidelizationFidelization

Thanks to this unique USP and highly valuable information for the customers , YP will remain the reference in local search

Thanks to this unique USP and highly valuable information for the customers , YP will remain the reference in local search

RevenuesRevenues

More traffic to the YP Plateforms means more customers sended to the advertisers and more sales for the YP

More traffic to the YP Plateforms means more customers sended to the advertisers and more sales for the YP

AcquisitionAcquisition

The reputation management service will attract more advertisers with low acquisition costs (viral marketing)

The reputation management service will attract more advertisers with low acquisition costs (viral marketing)


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