February NY Viral Meet Up
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Transcript of 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.