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1 The worlds largest social networking site 6th of January, 2007, - - PowerPoint PPT Presentation
1 The worlds largest social networking site 6th of January, 2007, - - PowerPoint PPT Presentation
1 The worlds largest social networking site 6th of January, 2007, by Espen Sundve 2 Introduction | Business model | Key success factors July 2003 Founded by Tom Anderson and Chris DeWolf 2003 2004 2005 2006 2007 6th of
6th of January, 2007, by Espen Sundve
“The world’s largest social networking site”
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6th of January, 2007, by Espen Sundve Introduction | Business model | Key success factors July 2003
Founded by Tom Anderson and Chris DeWolf
2003 2004 2005 2006 2007
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6th of January, 2007, by Espen Sundve Introduction | Business model | Key success factors July 2003
Founded by Tom Anderson and Chris DeWolf
July 2004
Bought by News Corp. US $580 mill.
2003 2004 2005 2006 2007
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6th of January, 2007, by Espen Sundve Introduction | Business model | Key success factors July 2003
Founded by Tom Anderson and Chris DeWolf
July 2004
Bought by News Corp. US $580 mill.
December 2006
World biggest web portal
2003 2004 2005 2006 2007
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6th of January, 2007, by Espen Sundve Introduction | Business model | Key success factors 4
6th of January, 2007, by Espen Sundve Introduction | Business model | Key success factors
Let’s enter MySpace
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6th of January, 2007, by Espen Sundve
Value Proposition
Interactive, usersubmitted network
- f friends, personal profiles, blogs,
groups, photos, music and videos
Introduction | Business model | Key success factors 15
6th of January, 2007, by Espen Sundve
Value Proposition
Interactive, usersubmitted network
- f friends, personal profiles, blogs,
groups, photos, music and videos
Introduction | Business model | Key success factors
Customer Segments
Young people (14-34), musicians, filmmakers, celebrities, comedians
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6th of January, 2007, by Espen Sundve
Value Proposition
Interactive, usersubmitted network
- f friends, personal profiles, blogs,
groups, photos, music and videos
Introduction | Business model | Key success factors
Customer Segments
Young people (14-34), musicians, filmmakers, celebrities, comedians
- Distr. Channels
Internet sites, sites owned by Intermix, e-mail advertising, offline advertising, word of mouth, invitations
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6th of January, 2007, by Espen Sundve
Value Proposition
Interactive, usersubmitted network
- f friends, personal profiles, blogs,
groups, photos, music and videos
Introduction | Business model | Key success factors
Customer Segments
Young people (14-34), musicians, filmmakers, celebrities, comedians
- Distr. Channels
Internet sites, sites owned by Intermix, e-mail advertising, offline advertising, word of mouth, invitations
Customer Relations
Gave users more control, mutual trust, long term deal with Google
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6th of January, 2007, by Espen Sundve
Value Proposition
Interactive, usersubmitted network
- f friends, personal profiles, blogs,
groups, photos, music and videos
Introduction | Business model | Key success factors
Customer Segments
Young people (14-34), musicians, filmmakers, celebrities, comedians
- Distr. Channels
Internet sites, sites owned by Intermix, e-mail advertising, offline advertising, word of mouth, invitations
Customer Relations
Gave users more control, mutual trust, long term deal with Google
Value Configuration
Social networking site
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6th of January, 2007, by Espen Sundve
Value Proposition
Interactive, usersubmitted network
- f friends, personal profiles, blogs,
groups, photos, music and videos
Introduction | Business model | Key success factors
Customer Segments
Young people (14-34), musicians, filmmakers, celebrities, comedians
- Distr. Channels
Internet sites, sites owned by Intermix, e-mail advertising, offline advertising, word of mouth, invitations
Customer Relations
Gave users more control, mutual trust, long term deal with Google
Value Configuration
Social networking site
Core Capacities
Product developer “in” market, rapid product development, partnered networks
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6th of January, 2007, by Espen Sundve
Value Proposition
Interactive, usersubmitted network
- f friends, personal profiles, blogs,
groups, photos, music and videos
Introduction | Business model | Key success factors
Customer Segments
Young people (14-34), musicians, filmmakers, celebrities, comedians
- Distr. Channels
Internet sites, sites owned by Intermix, e-mail advertising, offline advertising, word of mouth, invitations
Customer Relations
Gave users more control, mutual trust, long term deal with Google
Value Configuration
Social networking site
Core Capacities
Product developer “in” market, rapid product development, partnered networks
Partnered networks
News Corp. Time Warner’s TB5, Google etc.
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6th of January, 2007, by Espen Sundve
Value Proposition
Interactive, usersubmitted network
- f friends, personal profiles, blogs,
groups, photos, music and videos
Introduction | Business model | Key success factors
Customer Segments
Young people (14-34), musicians, filmmakers, celebrities, comedians
- Distr. Channels
Internet sites, sites owned by Intermix, e-mail advertising, offline advertising, word of mouth, invitations
Customer Relations
Gave users more control, mutual trust, long term deal with Google
Value Configuration
Social networking site
Core Capacities
Product developer “in” market, rapid product development, partnered networks
Partnered networks
News Corp. Time Warner’s TB5, Google etc.
Cost Structure
300 employees, mainly fixed costs, marginal cost by attracting new user close to zero
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6th of January, 2007, by Espen Sundve
Value Proposition
Interactive, usersubmitted network
- f friends, personal profiles, blogs,
groups, photos, music and videos
Introduction | Business model | Key success factors
Customer Segments
Young people (14-34), musicians, filmmakers, celebrities, comedians
- Distr. Channels
Internet sites, sites owned by Intermix, e-mail advertising, offline advertising, word of mouth, invitations
Customer Relations
Gave users more control, mutual trust, long term deal with Google
Value Configuration
Social networking site
Core Capacities
Product developer “in” market, rapid product development, partnered networks
Partnered networks
News Corp. Time Warner’s TB5, Google etc.
Cost Structure
300 employees, mainly fixed costs, marginal cost by attracting new user close to zero
Revenue Stream
$900 million deal with Google,
- ther online advertisement
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6th of January, 2007, by Espen Sundve Introduction | Business model | Key success factors
- 1. Users and user control
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6th of January, 2007, by Espen Sundve Introduction | Business model | Key success factors
- 2. Product development
Blog Comment board Instant Messaging (IM)
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6th of January, 2007, by Espen Sundve Introduction | Business model | Key success factors
- 3. Distribution
- Cost per acquisition
- E-mail marketing
- Positive feedback
- Influences of celebrities, famous bands etc.
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6th of January, 2007, by Espen Sundve Introduction | Business model | Key success factors
- 4. Performance
- Much better performance than Friendster
- Preferred performance over some features
- US-based registration in the beginning
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6th of January, 2007, by Espen Sundve Introduction | Business model | Key success factors
Questions?
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