the emergence of digital & social media on mobile platforms

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The Emergence of Digital & Social Media On Mobile Platforms Randy Giusto Presented at MIT Sloan MoMIT November 9, 2009 2009 NewDigitalCafé and Randy Giusto

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A speech on the convergence of digital and social media on mobile platforms, that I presented at MIT Sloan's MediaTech and MoMIT Executive Lunch Series on November 9th, 2009

TRANSCRIPT

Page 1: The Emergence of Digital & Social Media On Mobile Platforms

The Emergence of Digital & Social Media On Mobile Platforms

Randy GiustoPresented at

MIT Sloan MoMITNovember 9, 2009

© 2009 NewDigitalCafé and Randy Giusto

Page 2: The Emergence of Digital & Social Media On Mobile Platforms

AgendaCommunications- The Old vs. New Way

Mobile− a Strategic Platform

Challenges and Opportunities

Innovation

Today’s Funding Environment

© 2009 NewDigitalCafé and Randy Giusto

Page 3: The Emergence of Digital & Social Media On Mobile Platforms

Communications- The Old Way

From Batch (email) to Two-Way (IM) and Video Chat

© 2009 NewDigitalCafé and Randy Giusto

Page 4: The Emergence of Digital & Social Media On Mobile Platforms

Communications- The New Way Social Media

•“What people are into!” − Jonathan Miller, News Corp

•110m active users

•Lost #1 spot to Facebook this year

•LOV down from 25 min to <10 min − Compete

•8m artists and bands

•Transforming into an entertainment portal

© 2009 NewDigitalCafé and Randy Giusto

Page 5: The Emergence of Digital & Social Media On Mobile Platforms

Communications- The New Way Social Media

•1b+ videos streamed/day

•13 hrs of video uploaded/min.

•26.57 avg. age of uploader

© 2009 NewDigitalCafé and Randy Giusto

Page 6: The Emergence of Digital & Social Media On Mobile Platforms

Communications- The New Way Social Media

•350m subs/200m active (70% non-US)

•35+ = fastest demographic

•2b photos/mo.

•14m videos/mo

•45m active groups

•1m developers© 2009 NewDigitalCafé and Randy Giusto

Page 7: The Emergence of Digital & Social Media On Mobile Platforms

Communications- The New Way Social Media

•5B worldwide subscribers

•Only 20% of traffic from Twitter.com

•5% users = 75% activity

•53% women 47% men

© 2009 NewDigitalCafé and Randy Giusto

Page 8: The Emergence of Digital & Social Media On Mobile Platforms

Communications- The New Way Social Media

•133m indexed by Technorati since 2002

•90K posts every 24 hrs.

•77% of web users read blogs

•Top 5: Huffington Post, Gizmodo, TechCrunch, Mashable, Boing Boing

Blogosphere

© 2009 NewDigitalCafé and Randy Giusto

Page 9: The Emergence of Digital & Social Media On Mobile Platforms

Mobile− A Strategic Platform A proliferation of

connected CE and more capable mobile devices is occurring

“The telecom space is over $1 trillion revenues – $460 billion touches Consumer Electronics today” - Accenture

“2009 is the year of the smart phone and they’ll be 40% of T-Mobile Q4 sales, with the majority Android and BlackBerry.” T-Mobile USA CTO Cole Brodman

100k apps in 15 mos./2b downloads125k developers50m devices soldRetain 30% of revenue

10k apps in 2.5 mos.Devices launching all yearRetain 30% of revenue

3k apps in 8 mos./31m consumer downloads65m devices soldRetain 20% of revenue

© 2009 NewDigitalCafé and Randy Giusto

Page 10: The Emergence of Digital & Social Media On Mobile Platforms

Mobile− A Strategic Platform20m+ active users access via mobileBlackBerry, iPhone, Android and 10 operators

Mobile uploads up 400% first 6 days after iPhone 3GS launchMobile uploads up 1700% in 1H ‘09

65m active users access via mobile180 operators in 60 countries deploying Facebook Mobile

Mobile apps starting to explode across platformsBlackBerry, iPhone, Android, etc.

© 2009 NewDigitalCafé and Randy Giusto

Page 11: The Emergence of Digital & Social Media On Mobile Platforms

ChallengesOpen vs. closed debate

Ecosystem consolidation?

Mobile analytics ≠ web analytics

Mobile carnage− operators, disparate devices, figure out business model, deal with burn rate

Measuring ROI in social media

Measuring ROI in mobile apps

© 2009 NewDigitalCafé and Randy Giusto

Page 12: The Emergence of Digital & Social Media On Mobile Platforms

Opportunities

Advertising & Analytics Web to Mobile Sustainability

Socially Conscious Micro Payments Mobile Payments

© 2009 NewDigitalCafé and Randy Giusto

Page 13: The Emergence of Digital & Social Media On Mobile Platforms

Innovation

© 2009 NewDigitalCafé and Randy Giusto

Page 14: The Emergence of Digital & Social Media On Mobile Platforms

Innovation

© 2009 NewDigitalCafé and Randy Giusto

Page 15: The Emergence of Digital & Social Media On Mobile Platforms

Innovation

© 2009 NewDigitalCafé and Randy Giusto

Page 16: The Emergence of Digital & Social Media On Mobile Platforms

Innovation

© 2009 NewDigitalCafé and Randy Giusto

Page 17: The Emergence of Digital & Social Media On Mobile Platforms

Today’s Funding Environment The New Requirements

1. Business plan and PPT deck

2. Customers, which means revenue!

3. Cash flow analysis and what-if scenarios beyond R1 & R2− How will you conserve cash?

Then you may get the meeting with the VC1. Expect to be told to go build a distribution channel

2. If you need $5m you’ll get $2.5m

3. Must show value, solution, disruption

Prepare to share− Carriers, ad networks, publishers, and the VC

Angels can help you figure it out, VCs provide the thrust

© 2009 NewDigitalCafé and Randy Giusto

Page 18: The Emergence of Digital & Social Media On Mobile Platforms

Contact

© 2009 NewDigitalCafé and Randy Giusto

Randy GiustoManaging PrincipalNewDigitalCafé

508-254-7975

Twitter @randygiusto

Blog http://newdigitalcafe.com

www.linkedin.com/in/randygiusto

[email protected]