Honeycomb webinar

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STATEMENT OF CONFIDENTIALITY: The Information contained in this document is proprietary to Tallwave LLC and is privileged and confidential. Tallwave provides this document with the understanding that it will be held in the strictest of confidence by Talk2Legends, its employees, associates, agents, and assignees. This document will not be disclosed, duplicated, or used for any purpose other than the evaluation of Tallwave qualifications for the proposed project. Any other uses, in whole or part, may be done only with prior written consent of Tallwave LLC Partners. Build a business, not just an app

Transcript of Honeycomb webinar

STATEMENT OF CONFIDENTIALITY: The Information contained in this document is proprietary to Tallwave LLC and is privileged and confidential. Tallwave provides this document with the understanding that it will be held in the strictest of confidence by Talk2Legends, its employees, associates, agents, and assignees. This document will not be disclosed, duplicated, or used for any purpose other than the evaluation of Tallwave qualifications for the proposed project. Any other uses, in whole or part, may be done only with prior written consent of Tallwave LLC Partners.

Build a business, not just an app

Agenda

Building a successful company hard

Common Approach

- Waterfall

- Agile (Capital A)

Why A Different Approach is needed

What is the different approach

- Prototyping

- Branding

- User Acquisition

Don’t reinvent the wheel

Hi.

Scott Williams Lead Engineer

15 Years development experience@swilliams

Jesus Ramirez VP of Product, Tallwave Capital

AdvisorProduct designer, entrepreneur, problem

solver@jeezramirez

Building a successful app is hard.

Building a successful business

REALLY FREAKING hard

But it still starts with the product

Why so difficult?

More apps flood the market every day

1,874,615 apps currently in app store.

And it’s accelerating!

Quality of products keep rising

The culprits — today’s products are reaaally good.

Why are they so good?

Startup products, circa 2000Sales Team

\

Build credibility with prospects & close deals

Product Manager

Build relationship and empathy with customers

Marketing Team

Build awareness, promotions, acquire new leads

Customer Support Team

Keep customers happy & address concerns

Startup products, circa 2000

must clean baby every time he soils himself

must bathe and dress baby

you need to find food and feed baby

you need to groom baby so he’s presentable in public

Jump forward → Startup products, 2015

Build credibility with prospects &

close leads

Build relationship and empathy with

customers

Keep customers happy and address

concerns

Build awareness, promotion and

acquire new leads

Products these days have to be self-sustaining on day 1!

Feed myself, clean myself, dress myself….

So how does this affect how we build apps?

Process, process, process.

Waterfall

Good for bridges, not so much for software

Plan

Build

QA

Design

Waterfall!!??

The Church of Agile

Are you an Enterprise consultant? Go Agile

1, 2, 3, 5, 8, 13, 20...BURNDOWN!

STAND-UPBACKLOG

SCRUM

VELOCITY

There’s more to a Product than just

building it.

An Anecdote

Good idea + Good design + Good development = $

Right?

“Simplify your Photography Business”

An Anecdote

The Problem

What you think you can do

What you actually CAN do

It seems that perfection is attained not when there is nothing more to add, but when there is nothing more to remove.

—Antoine de Saint Exupery

Time

Chan

ce o

f Fai

lure

*not to scale

Time is not on your side

You are here

Move Fast

Or

I BUILD. I ITERATE. I BUILD AGAIN.

The other problem?

What everyone thinks will happen: Unicorns and Rainbows

What actually happens: Zombies and Ghost Towns

How are you going to acquire first 100/1000/10,000 avid users?

VS

How are you going to be worth $1 billion one day?

If You Build it...uh, no.

So how?

Be deliberate about acquiring users early

and building this into product

Here’s how these guys did it. You may have heard of them.

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Examples

File sharing invitations, referral codes and incentive split.

Apply with AngelList, Rapportive integration, Editable endpoints that allows company page owners to invite others or others to self-assign themselves to company page.

Craigslist hack allowed users to immediately post on CL—despite the fact that CL didn’t offer option.

Here’s how you can do it.

Acquire customers before product built● Early adopter signups● Landing pages (Unbounce.com, Launchrock)● Newsletters (SEOmoz)● Letters of intent (B2B / enterprise)

Single-Page Website Landing-PageSolution

Landing-PageSolution

● Event Pages○ User Launches○ Webinars

● Email Marketing Campaign destination

● Pay-per-Click Experiments○ Messaging Experiments○ A/B / Multivariate Tests

● Social Media Marketing Experiments

● Investor Landing Page● Interest Gathering● Lead Generation

○ Content offers● Talent / Recruitment Pages

Build in hooks ● Attention & Activate● Retention● Facilitate Growth & Referral

Activation Engagement ReferralInvitation from Friends (social integration)

I see friends on it (social login integration)

I see a stream of interesting things (discovery)

I see a big button just begging me to create my first post (activation goal).

Creating and sharing (core loop) is drop-dead simple

I get push notifications that bring me back to the app regularly

Word of Mouth is buzzing

app store photos, copy and ratings are compelling

Saw an interesting photo from someone on Social Networks (social integration)

Growing list of followers (investment)

Regular referrals / business from posts (income)

Personal sense of expression (intrinsic)

Where I communicate with my social sphere (involvement)

Search and invite my friends to join me (social integration)

Virality

Core Loop

Passive Engagement

Instagram’s Hooks

What are your product’s hooks?

Your product must build a relationship

with users

Not just about looks. It’s your personality that counts.

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Examples

Other messaging apps exist. But the the lighthearted and endearing messages, the giphy’s all add to the experience.

MailChimp’s voice and tone is critical to their customer experience. The messages and tone adapts to how a user is feeling, such as just having accomplished or completed a task.

Siri Easter eggs - "what's zero divided by zero?"

“Imagine that you have zero cookies and you split them evenly among zero friends. See? It doesn’t make sense. And Cookie Monster is sad that there are no cookies, and you are sad that you have no friends.”

Why?

Differentiate Yourself

Win Hearts & Minds with purpose & position

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Purpose Pay Dirt Position

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32+ A/B Testing products…...but only 1 clear winner.

5,000

4,500

4,000

3,500

3,000

2,500

2,000

1,500

1,000

500

Optimizely AdobeTarget

Monetate

Unique Page Views

Maxymiser Qubit VWO SiteSpect Unbounce Hp Optimost Webtrends Optimize

Top 10 Most Evaluated AB Testing Products Q3 2014

Here’s how you can do it.

Strong Positioning Statement

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Company X is the leading type of company that provides unique benefit to target customers. Unlike competitors, Company X does unique differentiator(s).

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Company X is the leading type of company that provides unique benefit to target customers. Unlike competitors, Company X does unique differentiator(s).

Customers:What do you do?

Investors:What do you do, what market are you in?

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Company X is the leading type of company that provides unique benefit to target customers. Unlike competitors, Company X does unique differentiator(s).

Customers:What’s in it for me?

Investor:What problem are you solving?

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Company X is the leading type of company that provides unique benefit to target customers. Unlike competitors, Company X does unique differentiator(s).

Customers:Is this product for me?

Investors:Who are your customers?

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Company X is the leading type of company that provides unique benefit to target customers. Unlike competitors, Company X does unique differentiator(s).

Customers:This need is already being met.Is there a better alternative for me?

Investors:Who else does this? What do customers do currently for this need?

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Company X is the leading type of company that provides unique benefit to target customers. Unlike competitors, Company X does unique differentiator(s).

Customers:Why should I care? Why should I switch?

Investors:How are you going to win?

Reasons to Believe

Tagline

Positioning Statement

Value Proposition

Differentiators

Customer Problems

Proof

Competition

Benefits

Customer Segments

Brand Story

Core Brand Values

Mission

Vision

Purpose

EXTE

RNAL

INTE

RNAL PU

RPO

SEPO

SITI

ON

Voice & tone

Why

How

What

Voiceandtone.com

Don’t reinvent the wheel

Use Your Tools

Sketchbohemiancoding.com/sketch

Paperinkwell.io

Open Sourcegithub.com/tallwave

Watch this space!

Use Your Tools

StrongloopMake an API

Heroku/AWS/AWSBoxDeploy servers

InvisionCollaborate on design

Kaleidoscope & TowerManage source code

XscopeFine-tune the visuals

Ionicons/Font Awesome/Noun ProjectIcons and Assets

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A different and smarter approach to building

web and iOS applications that weaves in user

testing, branding, and user acquisition

throughout.

Here’s how...

We’re obsessive about prototyping,

testing and iterating to ensure we’re

building a product users love.

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Traditional approach is to test the market AFTER launch

Most product concepts start

as a set of unvalidated

features

Traditional development shops are unconcerned or incapable of helping your refine your concept

As a result, you risk building unnecessary features that increase cost, push deadlines, create code debt and

clutter the user experience

Launch

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Tallwave Approach: Test and refine BEFORE building

We do this through a process of rapid prototyping, continuous user testing, refinement

and feature prioritization

We only build what users want and need. In some

cases, users help us imagine new features.

Launch

Your product is not just a product; it’s an extension of your brand and the primary

driver of growth and user acquisition.

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Silo’d, linear approach

Development: Silo’d approach to

developing an app

Design: If offered, always an afterthought, on the front-end

and tossed over the wallBranding & Positioning: Not offered OR always after product is built

User Acquisition: Most think has nothing to do

with product build

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Silo’d, linear approach

Development: MVP! MVP! MVP!

Design will surely fix it, right?

What the hell is Branding?

User Acquisition: Okay, now, how do we sell?

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Honeycomb Approach

Clean and intuitive visual and micro-interaction

Design

Clean, scalable, gorgeous web and app Development

The Brand, tone, voice and microcopy that resonates

with users

Product hooks that drive Customer Acquisition, retention

and referral at launch

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End result:

● World class visual and micro-interaction design● Well-architected, scalable technology infrastructure● A software application that’s fast, smooth and highly

responsive● A brand, tone and voice that resonates with users and is

woven throughout every part of your product● An application that is setup to acquire users and drive

growth at launch

Thank you

www.tallwave.com6263 N. Scottsdale RdScottsdale, AZ 85250

[email protected]@tallwave.com