+ All Categories
Home > Technology > Verifeed open analytics_3min deck_071713_final

Verifeed open analytics_3min deck_071713_final

Date post: 12-May-2015
Category:
Upload: open-analytics
View: 618 times
Download: 2 times
Share this document with a friend
Popular Tags:
14
Sifting the world’s social conversations for ‘information gold’
Transcript
Page 1: Verifeed open analytics_3min deck_071713_final

Sifting the world’s social conversations for ‘information gold’

Page 2: Verifeed open analytics_3min deck_071713_final

make better business decisions

create contextual content

identify, engage, and reward customers, sources, ambassadors

Why Verifeed is a global opportunity

We make sense of the world’s social conversations so enterprises can:

Page 3: Verifeed open analytics_3min deck_071713_final

Scaling in massive global markets

Brands Publishers

Financial

$432 Bn US Consumer Goods $118 Bn Content marketing spend, 2013

$470 Bn US Sports Industry,$100 Bn US News Publishing & Broadcasting

$1.3 Trillion US Financial Services$10 Bn Financial spend on advertising, 2012

$1BnSocial

software spend

Gartner, 2013

Page 4: Verifeed open analytics_3min deck_071713_final

Early Use Cases & Metrics

Sports:March

Madness Challenge: Boost

traffic, engagement

Action: Publish relevant real-time Tweets from/about the players and coaches

Result: Time spent grew from 10 to 26 seconds, Twitter referral traffic up 129%

Brands:Iams Dog Food Challenge: Find

customers

Action: Filter real-time Tweets about Iams & competitor products, consumer attitudes

Result: Engaged potential converts, sourced contextual content to engage users

PR: Fame or

Shame Challenge: Crisis Communications

Action: Source Tweets about

client, engaged ‘influencers’ to guide crisis response

Result: Pilot goal to unearth and meet consumer objections to change opinion

Page 5: Verifeed open analytics_3min deck_071713_final

How Verifeed makes money

B2B Platform Licensing

Enterprises pay recurring monthly fees with 3 pricing tiers based on:

―Data usage

―Social sources

―Service level

Page 6: Verifeed open analytics_3min deck_071713_final

Eliot BergsonTim Berglund

Peter Harrison

Renee Lewis

Duncan Work

Matt Prohaska

David Lawrence

Why we’re the right team to execute

Paul Herzog Chief Architect

Melinda Wittstock

Founder & CEO

Page 7: Verifeed open analytics_3min deck_071713_final

How Verifeed forces global growth

Beach-heads first US verticals

Up-sell with more social sources / data & features

Grow market penetration

Grow globally

Sports

BrandsPR

Add verticals

Financial

Publishing Politics

Page 8: Verifeed open analytics_3min deck_071713_final

Timeline to Stage Execution

Market Validation

― Debuted SXSW― Grew pipeline to

260+ in 2 weeks― 62% wanted

next steps post SXSW

Pilot Programs

― Prove metrics ― Test use cases― Find early

adopters― Incorporate

customer feedback

― Average of 9 demo requests per dayProduct

Paying Partners

― Convert pilots to charter revenue

― Expand reach & revenue within each company

― New use cases― Up-sell new

features

― Add social sources

― Enhance algorithms

Product

Platform Growth

― Expand sales & biz dev team

― Expand into next verticals

― Hire Engineers― Enhance

Algorithms― Mobile X-Platform― Ongoing UX/UI

improvements

MARCH 2013 PRESENT – 3Q 2013 4Q 2013 1Q 2014

―-Enhance UX/UI― Reputation

scoring― E-commerce

Page 9: Verifeed open analytics_3min deck_071713_final

HireGrowth HackerEngineers

SupportAdd’l Social SourcesUser ExperienceData Costs/Marketing

EnhanceAlgorithmsMobile X-PlatformAdd social sources

ExpandBD, Sales, Engineers

Investment Sought

$600KBridge

$3mm+Series A

$50K Monthly RevenueDec 2013

$5mmRun Rate Q1 2015Cash Positive

$95mmAnnual 2017

Now

Q1/14

Page 10: Verifeed open analytics_3min deck_071713_final

Trusted social intelligence for the enterprise.

Get the demo at Verifeed.com Thank you

Melinda Wittstock | CEO & FounderMelinda @ Verifeed.com 202 274 1479 @Veriate

Page 11: Verifeed open analytics_3min deck_071713_final

Appendix

Page 12: Verifeed open analytics_3min deck_071713_final

Primary risksLarge company pivots into Verifeed’s differentiated space: Verification for accuracy and source credibility is Verifeed’s number 1 focus.

Twitter changes terms of service to undercut Verifeed or offers rival service: Verifeed soon diversifies to offer all social feeds; partners will not want multiple service providers if Verifeed can aggregate all sources at a lower cost

Data Costs Rise: Verifeed margins can absorb price increases

Page 13: Verifeed open analytics_3min deck_071713_final

•Limited to 5% of fire-hose and single term searches by #hashtag @handle

Twitter

•Strong social management dashboards, but average Twitter search

Social media management

tools

•Focused on Twitter brand monitoring

Twitter-specific search engines

•Focused on user influence (not credibility); not intended for search

Influencer assessment

•Comprehensive but will exceed many clients’ needs & budgets

Broad social data search

tools

Uncovers true credibility of influencersReduces redundant, off-topic, inaccurate search resultsAllows instant custom publication Enables real-time engagement/recruitment of usersSoon adds new social sources

Competitive Differentiation

Page 14: Verifeed open analytics_3min deck_071713_final

Product Snapshot – Backend Filters

Eliminates irrelevant, inaccurate, unreliable Tweets

Intricate filters – 30+ combinations (phrase, keyword, geo-location, hashtag, about or from @handle & more)

Eliminates repetition

Establishes source influence & reputation

Real-time interactions, user recruitment.


Recommended