SlideShare uma empresa Scribd logo
1 de 12
Baixar para ler offline
BeatMatched
Share, Explore & Connect with Music

     Opportunity execution project
Team Beatmatched & Our Mission
Brought together by a similar interest in web-based technology & the
desire to create a product with a positive impact on our users, our team
met online via Stanford's Technology Entrepreneurship course.




Together we are developing a free platform that makes music sharing
easier, more organized, visually appealing & socially interactive. We
are all passionate about music & believe that people connect over the
music they enjoy.

To make meeting people with similar interests easier, we created a
unique "beatmatching" system that takes the users posted youtube
links & suggests other users who have posted the same songs, artists
or genres.
Prototype Development
                        We are currently
                        developing our beta
                        site which will offer
                        the basic features of
                        music organization &
                        sharing.

                        Users will soon be
                        able to create a
                        profile & post songs
                        to albums that group
                        songs together. By
                        visually organizing
                        music we hope to
                        make a better user
                        experience.
Market Research & User Feedback
Through the peer review process of our past presentations, surveys &
face to face interviews with our focus groups we have revised our
business model.

-Where we once focused on creating a dating site, we are now
targeting music exploration, allowing the user to contact each other &
naturally develop relationships

-Based on critical analysis from 5 successful tech entrepreneurs we will
be focusing on creating a mobile interface that will allow us to compete
with the current companies who offer similar services

-We received very positive feedback for a service offering reduced fee
ticket purchasing which we plan to offer
Sales & Marketing Strategies
Our initial revenue will come from advertising only & thus we will need
to develop a large user base. Using a free to join model we will attract
& build traffic for CPM ads.

We have created accounts with the primary social media platforms to
reach our target demographic which is males & females age 18 - 30.

Twitter - www.twitter.com/beatmatchedtwit
Facebook - www.facebook.com/beatmatchedofficial

Once our beta site is live we will launch promote these pages publically
& encourage users to visit our site by purchasing advertising
campaigns via Facebook, Linkedin & GoogleAds.
We will also actively post to music blogs and submit press releases to
print & digital publications such as Wired.com.
Distribution & Cost
As our product is based on sharing content online we will integrate
social media sharing links that will distribute our product to our users
contacts.

For example: When a song is shared on our site the user is given the
option to share the link on Facebook or Twitter. Once the link is posted
it will redirect anyone that clicks on it to our site where they can view
the content, but will not be able to interact until the join the site.

This costs us nothing & is a beautiful example of word-of-mouth
marketing as well as user generated content. Our users are not sharing
files so they system is legal & we will not pay for the rights to music.
Partnerships
 iTunes - Any shared songs will have a link to where the song can
 be purchased on iTunes.

 Android & Apple App store - Distribution of our mobile application
 to allow users to share and view profiles from their phone setting us
 apart from our competing websites.

 Facebook - We will develop a application with permissions that
 allow users to pull photos as well as search profiles for music
 preferences to help users effortlessly build a Beatmatched profile.

 SoundCloud/ YouTube/ MixCloud/ Vimeo - Content will be
 provided through these media sites and affiliate relationships
 developed to feature links back to our site.
Involved Risks
  By sharing YouTube links instead of paying for music rights,
  Beatmatched will avoid high costs and avoid illegal file sharing.

  Pros
  ○ Eliminate need to purchase rights to a large music database
  ○ User generated content from a continually updated source
  ○ Reduced risk of hacking & viruses

  Cons
  ○ Users will not be able to purchase or download music directly
     and ultimately will be directed to third party sites
  ○ Inability to control audio quality of the content posted
Funding
Beatmatched plans to get funding from accelerator programs for early
incubation and seed capital from the top performing platforms such as
TechStars, Y Combinator, 500 Startups
We will also reach out to VC firms that have invested in mobile
applications and social networking start-ups.
Spark Capital - founded in 2005
        ■ Focus: technology start-ups in media, entertainment, and mobile
        ■ Stage: Seed, early stage and growth capital investments
        ■ Typical amount invested: $250,000 to $25 million
        ■ Past companies funded: Tumblr, Twitter, Foursquare

Altos Ventures - founded in 2001
         ■ Focus: Social Media, Music/VIdeo
         ■ Stage: Lead institutional investor in early and growth stage
         ■ Typical amount invested: $1million to $3 million
         ■ Past companies funded: Pandora, Echo, Egreetings
Freemium Revenue Model
                                               Subscription Advertisement*
                                       * Beat - Free, restricted to   * Display Banners
                                            5 messages a month        * Digital Video
                                        * BeatMatcher - $tbd with     * Rich Media
                                             unlimited number of      * Mobile
                                                        messages

                                                   Ticket sale Transaction fees
                                                   * eTicket solo * Music purchasing
                                            * eTicket group - by * Mobile Music Streaming
                                     ordering at least 2 eTickets
                                                        preferred
                                                price is offered


* Advertisement - Number of members: 500000
Despite economic uncertainty, internet advertising continues to show strong growth from the recession related
decline in 2009.1
Mobile advertising increases 95% in HY 2012 - Mobile advertising in the US totaled $1.2 billion during HY 2012.
This is an indication of the importance of location to advertisers and mobility to consumers.1
Informa expects streaming to be the fastest-growing mobile music service up to 2016. Music streaming will cannibalize full-track
downloads and absorb much of the future growth in mobile-full-track users. 2
1 - PwC. http://www.iab.net/media/file/IAB_Internet_Advertising_Revenue_Report_HY_2012.pdf. Revised on 13/12/12
2 - Midem. http://www.midem.com/RM/RM_Midem_v2/2012/documents/pdf/midem2012-mobile-music-market-forecasts.pdf. Revised on
13/12/12
Revenue Projection




Forecasting sources:
Zenithoptimedia. http://www.zenithoptimedia.com/zenith/zenithoptimedia-forecasts-4-1-growth-in-global-adspend-in-2013/.
Revised on 13/12/12
Midem. http://www.midem.com/RM/RM_Midem_v2/2012/documents/pdf/midem2012-mobile-music-market-forecasts.pdf. Revised
on 13/12/12
4-traders. http://www.4-traders.com/LIVE-NATION-ENTERTAINMENT-13449/financials/. Revised on 13/12/12
Thank You For Reviewing
              Please visit us at
            www.BeatMatched.com




Enter your e-mail to be notified when we go live!

        Join us for our beta site launch.

             Submit your feedback.

Mais conteúdo relacionado

Destaque

Product Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage EngineeringsProduct Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage EngineeringsPixeldarts
 
How Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthHow Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthThinkNow
 
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdfAI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdfmarketingartwork
 
PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024Neil Kimberley
 
Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)contently
 
How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024Albert Qian
 
Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsKurio // The Social Media Age(ncy)
 
Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Search Engine Journal
 
5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summarySpeakerHub
 
ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd Clark Boyd
 
Getting into the tech field. what next
Getting into the tech field. what next Getting into the tech field. what next
Getting into the tech field. what next Tessa Mero
 
Google's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentGoogle's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentLily Ray
 
Time Management & Productivity - Best Practices
Time Management & Productivity -  Best PracticesTime Management & Productivity -  Best Practices
Time Management & Productivity - Best PracticesVit Horky
 
The six step guide to practical project management
The six step guide to practical project managementThe six step guide to practical project management
The six step guide to practical project managementMindGenius
 
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...RachelPearson36
 
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...Applitools
 
12 Ways to Increase Your Influence at Work
12 Ways to Increase Your Influence at Work12 Ways to Increase Your Influence at Work
12 Ways to Increase Your Influence at WorkGetSmarter
 

Destaque (20)

Product Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage EngineeringsProduct Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage Engineerings
 
How Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthHow Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental Health
 
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdfAI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
 
Skeleton Culture Code
Skeleton Culture CodeSkeleton Culture Code
Skeleton Culture Code
 
PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024
 
Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)
 
How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024
 
Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie Insights
 
Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024
 
5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary
 
ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd
 
Getting into the tech field. what next
Getting into the tech field. what next Getting into the tech field. what next
Getting into the tech field. what next
 
Google's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentGoogle's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search Intent
 
How to have difficult conversations
How to have difficult conversations How to have difficult conversations
How to have difficult conversations
 
Introduction to Data Science
Introduction to Data ScienceIntroduction to Data Science
Introduction to Data Science
 
Time Management & Productivity - Best Practices
Time Management & Productivity -  Best PracticesTime Management & Productivity -  Best Practices
Time Management & Productivity - Best Practices
 
The six step guide to practical project management
The six step guide to practical project managementThe six step guide to practical project management
The six step guide to practical project management
 
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
 
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
 
12 Ways to Increase Your Influence at Work
12 Ways to Increase Your Influence at Work12 Ways to Increase Your Influence at Work
12 Ways to Increase Your Influence at Work
 

BeatMatched Execution Stanford Technology Entrepreneur Presentation

  • 1. BeatMatched Share, Explore & Connect with Music Opportunity execution project
  • 2. Team Beatmatched & Our Mission Brought together by a similar interest in web-based technology & the desire to create a product with a positive impact on our users, our team met online via Stanford's Technology Entrepreneurship course. Together we are developing a free platform that makes music sharing easier, more organized, visually appealing & socially interactive. We are all passionate about music & believe that people connect over the music they enjoy. To make meeting people with similar interests easier, we created a unique "beatmatching" system that takes the users posted youtube links & suggests other users who have posted the same songs, artists or genres.
  • 3. Prototype Development We are currently developing our beta site which will offer the basic features of music organization & sharing. Users will soon be able to create a profile & post songs to albums that group songs together. By visually organizing music we hope to make a better user experience.
  • 4. Market Research & User Feedback Through the peer review process of our past presentations, surveys & face to face interviews with our focus groups we have revised our business model. -Where we once focused on creating a dating site, we are now targeting music exploration, allowing the user to contact each other & naturally develop relationships -Based on critical analysis from 5 successful tech entrepreneurs we will be focusing on creating a mobile interface that will allow us to compete with the current companies who offer similar services -We received very positive feedback for a service offering reduced fee ticket purchasing which we plan to offer
  • 5. Sales & Marketing Strategies Our initial revenue will come from advertising only & thus we will need to develop a large user base. Using a free to join model we will attract & build traffic for CPM ads. We have created accounts with the primary social media platforms to reach our target demographic which is males & females age 18 - 30. Twitter - www.twitter.com/beatmatchedtwit Facebook - www.facebook.com/beatmatchedofficial Once our beta site is live we will launch promote these pages publically & encourage users to visit our site by purchasing advertising campaigns via Facebook, Linkedin & GoogleAds. We will also actively post to music blogs and submit press releases to print & digital publications such as Wired.com.
  • 6. Distribution & Cost As our product is based on sharing content online we will integrate social media sharing links that will distribute our product to our users contacts. For example: When a song is shared on our site the user is given the option to share the link on Facebook or Twitter. Once the link is posted it will redirect anyone that clicks on it to our site where they can view the content, but will not be able to interact until the join the site. This costs us nothing & is a beautiful example of word-of-mouth marketing as well as user generated content. Our users are not sharing files so they system is legal & we will not pay for the rights to music.
  • 7. Partnerships iTunes - Any shared songs will have a link to where the song can be purchased on iTunes. Android & Apple App store - Distribution of our mobile application to allow users to share and view profiles from their phone setting us apart from our competing websites. Facebook - We will develop a application with permissions that allow users to pull photos as well as search profiles for music preferences to help users effortlessly build a Beatmatched profile. SoundCloud/ YouTube/ MixCloud/ Vimeo - Content will be provided through these media sites and affiliate relationships developed to feature links back to our site.
  • 8. Involved Risks By sharing YouTube links instead of paying for music rights, Beatmatched will avoid high costs and avoid illegal file sharing. Pros ○ Eliminate need to purchase rights to a large music database ○ User generated content from a continually updated source ○ Reduced risk of hacking & viruses Cons ○ Users will not be able to purchase or download music directly and ultimately will be directed to third party sites ○ Inability to control audio quality of the content posted
  • 9. Funding Beatmatched plans to get funding from accelerator programs for early incubation and seed capital from the top performing platforms such as TechStars, Y Combinator, 500 Startups We will also reach out to VC firms that have invested in mobile applications and social networking start-ups. Spark Capital - founded in 2005 ■ Focus: technology start-ups in media, entertainment, and mobile ■ Stage: Seed, early stage and growth capital investments ■ Typical amount invested: $250,000 to $25 million ■ Past companies funded: Tumblr, Twitter, Foursquare Altos Ventures - founded in 2001 ■ Focus: Social Media, Music/VIdeo ■ Stage: Lead institutional investor in early and growth stage ■ Typical amount invested: $1million to $3 million ■ Past companies funded: Pandora, Echo, Egreetings
  • 10. Freemium Revenue Model Subscription Advertisement* * Beat - Free, restricted to * Display Banners 5 messages a month * Digital Video * BeatMatcher - $tbd with * Rich Media unlimited number of * Mobile messages Ticket sale Transaction fees * eTicket solo * Music purchasing * eTicket group - by * Mobile Music Streaming ordering at least 2 eTickets preferred price is offered * Advertisement - Number of members: 500000 Despite economic uncertainty, internet advertising continues to show strong growth from the recession related decline in 2009.1 Mobile advertising increases 95% in HY 2012 - Mobile advertising in the US totaled $1.2 billion during HY 2012. This is an indication of the importance of location to advertisers and mobility to consumers.1 Informa expects streaming to be the fastest-growing mobile music service up to 2016. Music streaming will cannibalize full-track downloads and absorb much of the future growth in mobile-full-track users. 2 1 - PwC. http://www.iab.net/media/file/IAB_Internet_Advertising_Revenue_Report_HY_2012.pdf. Revised on 13/12/12 2 - Midem. http://www.midem.com/RM/RM_Midem_v2/2012/documents/pdf/midem2012-mobile-music-market-forecasts.pdf. Revised on 13/12/12
  • 11. Revenue Projection Forecasting sources: Zenithoptimedia. http://www.zenithoptimedia.com/zenith/zenithoptimedia-forecasts-4-1-growth-in-global-adspend-in-2013/. Revised on 13/12/12 Midem. http://www.midem.com/RM/RM_Midem_v2/2012/documents/pdf/midem2012-mobile-music-market-forecasts.pdf. Revised on 13/12/12 4-traders. http://www.4-traders.com/LIVE-NATION-ENTERTAINMENT-13449/financials/. Revised on 13/12/12
  • 12. Thank You For Reviewing Please visit us at www.BeatMatched.com Enter your e-mail to be notified when we go live! Join us for our beta site launch. Submit your feedback.