February NY Viral Meet Up

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    New York Viral Meetup

    February 23, 2011

    Organizer: @jonsteinberg

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    Announcements & Agenda

    Hashtag: #NYVIRAL

    Speakers:

    Jordan Cooper: CoFounder/CEO Hyperpublic&

    Venture Partner, Lerer Ventures

    AlexaHirschfeld& Lucy Deland: Paperless Post

    FarisYakob: Chief Innovation Officer at MDC Partners

    Tobias Peggs: CEO, One Riot

    Adam Potashnick: MediaCom, Global Media Director,Dell LinkedIn Case Study

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    Jordan CooperCoFounder/CEO Hyperpublic&

    Venture Partner, Lerer Ventures

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    WhatWe Do (Utility)

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    Ive invested in almost 40 companies this year.

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    I analyzed data from more than 4000 early stage consumer companies

    Conducted interviews with everyone in our portfolio and more than 100 internet

    luminaries, including Jonah Peretti, Chris Hughes, Mark Zuckerberg, Dennis

    Crowley, Kevin Rose, etc...

    Extracted the specific mechanics that were responsible for meteoric growth of

    consumer internet applications

    Segmented those mechanics by applicability to various verticals and groups,

    and then constructed what I believe to be the most comprehensive Viral

    Playbook in existence

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    I then gave the Playbook to 3 BABIES:

    lol!

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    I will DM you the password protected site info.

    Simply pull out your phones and tweet:

    General Assembly!

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    Induced Virality: the methods and mechanics necessary to cause spread of

    your product before your product is awesome

    INDUCED VIRALITY IS NOT SUSTAINABLE GROWTH STRATEGY!

    Deception/Overpromising Value

    Spending Social Capital

    Spending Real Capital

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    UNSUSTAINABLE BECAUSE NOT THATLOVED

    Influencer list Followers

    Soraya Dorabi 444670

    Fred Wilson 130,000

    ze frank 55,000

    Amanda Hesser 51702

    Mark Suster 22642

    Chris Dixon 20560

    Bijan Sabet 12653

    Jim robinson 11164

    Charlie Odonnel 9642John Borthwick 8952

    Ouriel Ohayon 7823

    Hilary Mason 7312

    Brian Halligan 7076

    Jonah Peretti 6787

    Jyri Engstrom 6732

    Chris Hughes 6399

    Jeff Bussgang 5494

    amber rae 5300

    Andy Wiessman 4471

    lauren leto 4093

    Andrew Parker 3652

    Mo Joyfman 3626

    Michael Galpert 3224

    Jon Steinberg 3184

    Rob Go 3074

    David Pessah 2961

    David Lee 2892

    Katherine Zaleski 2656

    Eric hippeua 2300

    Merrill Stubs 2237

    Dave Tisch 2116

    Eric Wiesen 1960

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    UNSUSTAINABLE BECAUSE NOT THAT RICH

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    Too many early stage companies spend their effort attempting to manufactureinduced virality when what they should be focused on is turning their productinto a gift.

    Gift Virality: users perpetuate your product out of affection to the recipient

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    THATS WHEN MECHANICS LIKE THIS BECOME POWERFUL

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    If you get to gift status on the product, the tools to make giving and receivingfrictionless are relatively known science.

    Focus on making your product a Gift and you will achieve non-induced virality.

    PA

    Y NOA

    TTENTION TO THE PRODUCT INTECHCRUNCH THAT GOT TO A MILLION USERS IN 48HOURS

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    THANKS

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    AlexaHirschfeld& Lucy

    DelandPaperlesspost.com

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    Paperless PostViral Meetup

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    Meaningful Communication Online

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    The Market Need

    $5.30/average card1

    1.2 billion sent annually2

    Upscale aesthetics

    Time intensive

    Formal/compelling

    Unreliable/Inefficient

    PAPER INVITATIONS

    Free

    800MM sent annually Uniform aesthetics

    Distribution & Management tools

    Casual, similar to the brands thatsupport them

    Efficient

    EVITE & FACEBOOK EVENTS

    Low cost

    Upscale aesthetics

    Distribution &

    Management tools

    Formal/compelling

    Efficient

    1*22007 STATIONERY REPORT, UNITY MARKETING, 24.

    FREE/FUNCTIONAL

    Online

    EXPENSIVE/FORMAL

    Paper FORMAL/FUNCTIONAL

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    Exceptional Content & Meaningful Communication

    In a Digital Format

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    Personalization & Distribution Layered into the Product

    Host

    Host

    Recipient Converts to Sender

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    Engagement & Viral Snapshot:

    30% of recipients have received 2+ Cards.

    The Likelihood of joining increases 150% after receiving a second Card and jumps another 75% on the 3rd Card.

    50% of new users have Received a Card, 20% send a Card the first 24 hours.

    Leverage virtual currency to reward users for viral activity like inviting friends to join (10% of New Users Daily)and liking/sharing on Facebook.

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    Thank You

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    FarisYakobChief Innovation Officer at MDC

    Partners

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    BMWActivate the Future

    How Well Learn to Stop Worryingand Love the Future

    http://www.youtube.com/watch?v=yDo2XOyE-LI

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    Tobias PeggsCEO, OneRiot

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    @tobiaspeggs

    Tobias Peggs

    CEO,OneRiot

    Going viral on thesecond screen

    New York Viral Media Meet UpFeb 23, 2011

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    @tobiaspeggs

    Thinking about media for15yrs

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    @tobiaspeggs

    OneRiot: Social Ad Network

    OneRiot enables advertisers toreach a targeted

    audience across a networkofleading Twitterapps.

    2bn ad impressions available each month.

    Realtime social targeting gets right ad in front of

    right user,formaximumresonance right now.

    Chevy ad targeted at

    males on Twitter, 18-44,

    into sports and cars

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    @tobiaspeggs

    Twitterusers love TV

    SuperBowl was most Tweeted sports event in history with peakof4064 Tweets persecond.

    Thats a lotofusers constantly checking a second screen.

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    @tobiaspeggs

    Huge opportunity to engage a

    large,inherently viral audienceon the second screen

    People are watchingTV as it happens, and

    checking Twitter at thesame time.

    Dick Costolo, Twitter CEO

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    @tobiaspeggs

    Huge opportunity to engage a

    large,inherently viral audienceon the second screen

    When theres a big event onTV, engagement on Twitterapps is off the charts!

    Tobias Peggs, OneRiot CEO

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    @tobiaspeggs

    A lotofpeople checked theirTwitterapps throughout the game doubling ouravailable inventory

    Available ad inventory

    Ad impressions

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    @tobiaspeggs

    Chevy SuperBowl commercial

    Objective: Drive additional views ofChevy

    SuperBowl commercial on YouTube.

    Target: Male Twitterusers, sports fans, talking

    about football.

    Creative: Mobile IAB unit linking to YouTube

    page with social sharing functionality.

    Result: Helped make Chevy 4th most talked

    about brand on SuperBowl Sunday.

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    @tobiaspeggs

    Twitterusers love big TV events.

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    @tobiaspeggs

    Twitterusers love big TV events.

    They check theirapps frequently.

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    @tobiaspeggs

    Twitterusers love big TV events.

    They check theirapps frequently.Ad inventory spikes accordingly.

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    @tobiaspeggs

    Twitterusers love big TV events.

    They check theirapps frequently.Ad inventory spikes accordingly.

    Opportunity toreach big audience

    on the second screen.

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    @tobiaspeggs

    Twitterusers love big TV events.

    They check theirapps frequently.Ad inventory spikes accordingly.

    Opportunity toreach big audience

    on the second screen.Ad creative should drive audience

    to engage with compelling content.

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    @tobiaspeggs

    Twitterusers love big TV events.

    They check theirapps frequently.Ad inventory spikes accordingly.

    Opportunity toreach big audience

    on the second screen.Ad creative should drive audience

    to engage with compelling content.

    Audience will consume, share, and

    are acquired cost effectively.

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    @tobiaspeggs

    Tobias Peggs

    CEO,OneRiot@tobiaspeggs

    www.OneRiot.com

    Blog.OneRiot.com

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    Adam Potashnick

    MediaCom, Global Media Director,

    DellL

    inkedIn Case Study

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    Opportunity

    As competition between technology companies

    intensifies, Dell wanted to deepen engagement

    with small- and medium-sized business owners

    and drive consideration through robust social

    media efforts that would elevate the brand and

    further position Dell as a trusted advisor of

    information technology (IT).

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    Created a truly dynamic

    experience

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    Polls are a twostep processdesigned to driveMembership.

    The target ispresented with thePoll question and thendriven to a resultspage wherethey are expose toa banner adencouragingmembership orsharing.

    Polls

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    Thank you.