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#INSEAD
Plaza42, a business case in the
making…
What’s the issue ?

            Foster Growth of MarketPlace




CONFIDENTIAL © Wengo SAS 2009
Reproduction prohibited without prior authorization                        3
What’s the issue ?

            Foster Growth of MarketPlace
           &
            Improve Customer Acquisition Costs



CONFIDENTIAL © Wengo SAS 2009
Reproduction prohibited without prior authorization                        4
What’s the issue ?

            Foster Growth of MarketPlace
           &
            Improve Customer Acquisition Costs
                                                               Yeah…Sure
CONFIDENTIAL © Wengo SAS 2009
Reproduction prohibited without prior authorization                        5
Any idea ?
             We know Forums are good at converting targeted
                    customers
                                                           Let’s build one ?




CONFIDENTIAL © Wengo SAS 2009
Reproduction prohibited without prior authorization                            6
Any idea ?
             We know Forums are good at converting targeted
                    customers
                                                           Let’s build one ?
             Actually, Forums are not as good as Q&A to help
                    solve issues
                                                           Ok, let’s build a Q&A ?



CONFIDENTIAL © Wengo SAS 2009
Reproduction prohibited without prior authorization                                  7
Any idea ?
      We know Forums are good at converting targeted
            customers
                                                            Let’s build one ?
      Actually, Forums are not as good as Q&A to help
            solve issues
                                                            Ok, let’s build a Q&A ?
      Actually, traditional Q&A miss the Social vibe…

                                                       Ok, let’s invent the « rare bird »
CONFIDENTIAL © Wengo SAS 2009
Reproduction prohibited without prior authorization                                         8
« Rare Bird » ?
          Quality
                                                       always head for quality




CONFIDENTIAL © Wengo SAS 2009
Reproduction prohibited without prior authorization                              9
« Rare Bird » ?
          Quality
                                                           always head for quality

          Usability
                                                      customer engagement is the new KPI




CONFIDENTIAL © Wengo SAS 2009
Reproduction prohibited without prior authorization                                        10
« Rare Bird » ?
        Quality
                                                            always head for quality

        Usability
                                                      customer engagement is the new KPI

        e-Reputation
                                                      e-reputation makes no living..
                                                      e-reputation > social capital > lead generation…
CONFIDENTIAL © Wengo SAS 2009
Reproduction prohibited without prior authorization                                                      11
Houston, we’re not alone ;-(
                          EXPERTS
         Answer Quality




                                                                 Sites Gratuits
                                                 Sites Payants




                          USERS


                                                                                  Reach
CONFIDENTIAL © Wengo SAS 2009
Reproduction prohibited without prior authorization                                       12
Cool 




CONFIDENTIAL © Wengo SAS 2009
Reproduction prohibited without prior authorization   13
Cool 
                                 but…




CONFIDENTIAL © Wengo SAS 2009
Reproduction prohibited without prior authorization   14
Cool 
                                 but…
                                                      How do you do you that ? ;-)



CONFIDENTIAL © Wengo SAS 2009
Reproduction prohibited without prior authorization                                  15
You build a dedicated Team
         Someone who thinks
         he has a vision & likes to swim




CONFIDENTIAL © Wengo SAS 2009
Reproduction prohibited without prior authorization   16
You build a dedicated Team
         Someone who thinks
         he has a vision & likes to swim
         Someone who helps
         the boss feel less
         lonely & helps articulating the vision
         into a service




CONFIDENTIAL © Wengo SAS 2009
Reproduction prohibited without prior authorization   17
You build a dedicated Team
         Someone who thinks
         he has a vision & likes to swim
         Someone who helps
         the boss feel less
         lonely & helps articulating the vision
         into a service


         Someone who actually
         does the job…
CONFIDENTIAL © Wengo SAS 2009
Reproduction prohibited without prior authorization   18
Be ashamed when you launch
                          !




CONFIDENTIAL © Wengo SAS 2009
Reproduction prohibited without prior authorization   19
And iterate…with your first
                             users’s feedbacks




CONFIDENTIAL © Wengo SAS 2009
Reproduction prohibited without prior authorization    20
And iterate…with your first
                             users’s feedbacks




CONFIDENTIAL © Wengo SAS 2009
Reproduction prohibited without prior authorization    21
And iterate…with your first
                             users’s feedbacks




CONFIDENTIAL © Wengo SAS 2009
Reproduction prohibited without prior authorization    22
And iterate…with your first
                             users’s feedbacks




CONFIDENTIAL © Wengo SAS 2009
Reproduction prohibited without prior authorization    23
Define KPIs




CONFIDENTIAL © Wengo SAS 2009
Reproduction prohibited without prior authorization                 24
Communicate them




CONFIDENTIAL © Wengo SAS 2009
Reproduction prohibited without prior authorization                      25
& Follow them ;-)




CONFIDENTIAL © Wengo SAS 2009
Reproduction prohibited without prior authorization                       26
Questions ?
           10 IF ANSWER = YES THEN GOTO http://plaza42.com
           20 IF ELSE THEN GOTO 10
           30 END




CONFIDENTIAL © Wengo SAS 2009
Reproduction prohibited without prior authorization                 27

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Building Plaza42 Q&A Social Platform

  • 2. Plaza42, a business case in the making…
  • 3. What’s the issue ?  Foster Growth of MarketPlace CONFIDENTIAL © Wengo SAS 2009 Reproduction prohibited without prior authorization 3
  • 4. What’s the issue ?  Foster Growth of MarketPlace &  Improve Customer Acquisition Costs CONFIDENTIAL © Wengo SAS 2009 Reproduction prohibited without prior authorization 4
  • 5. What’s the issue ?  Foster Growth of MarketPlace &  Improve Customer Acquisition Costs Yeah…Sure CONFIDENTIAL © Wengo SAS 2009 Reproduction prohibited without prior authorization 5
  • 6. Any idea ?  We know Forums are good at converting targeted customers Let’s build one ? CONFIDENTIAL © Wengo SAS 2009 Reproduction prohibited without prior authorization 6
  • 7. Any idea ?  We know Forums are good at converting targeted customers Let’s build one ?  Actually, Forums are not as good as Q&A to help solve issues Ok, let’s build a Q&A ? CONFIDENTIAL © Wengo SAS 2009 Reproduction prohibited without prior authorization 7
  • 8. Any idea ?  We know Forums are good at converting targeted customers Let’s build one ?  Actually, Forums are not as good as Q&A to help solve issues Ok, let’s build a Q&A ?  Actually, traditional Q&A miss the Social vibe… Ok, let’s invent the « rare bird » CONFIDENTIAL © Wengo SAS 2009 Reproduction prohibited without prior authorization 8
  • 9. « Rare Bird » ?  Quality always head for quality CONFIDENTIAL © Wengo SAS 2009 Reproduction prohibited without prior authorization 9
  • 10. « Rare Bird » ?  Quality always head for quality  Usability customer engagement is the new KPI CONFIDENTIAL © Wengo SAS 2009 Reproduction prohibited without prior authorization 10
  • 11. « Rare Bird » ?  Quality always head for quality  Usability customer engagement is the new KPI  e-Reputation e-reputation makes no living.. e-reputation > social capital > lead generation… CONFIDENTIAL © Wengo SAS 2009 Reproduction prohibited without prior authorization 11
  • 12. Houston, we’re not alone ;-( EXPERTS Answer Quality Sites Gratuits Sites Payants USERS Reach CONFIDENTIAL © Wengo SAS 2009 Reproduction prohibited without prior authorization 12
  • 13. Cool  CONFIDENTIAL © Wengo SAS 2009 Reproduction prohibited without prior authorization 13
  • 14. Cool  but… CONFIDENTIAL © Wengo SAS 2009 Reproduction prohibited without prior authorization 14
  • 15. Cool  but… How do you do you that ? ;-) CONFIDENTIAL © Wengo SAS 2009 Reproduction prohibited without prior authorization 15
  • 16. You build a dedicated Team Someone who thinks he has a vision & likes to swim CONFIDENTIAL © Wengo SAS 2009 Reproduction prohibited without prior authorization 16
  • 17. You build a dedicated Team Someone who thinks he has a vision & likes to swim Someone who helps the boss feel less lonely & helps articulating the vision into a service CONFIDENTIAL © Wengo SAS 2009 Reproduction prohibited without prior authorization 17
  • 18. You build a dedicated Team Someone who thinks he has a vision & likes to swim Someone who helps the boss feel less lonely & helps articulating the vision into a service Someone who actually does the job… CONFIDENTIAL © Wengo SAS 2009 Reproduction prohibited without prior authorization 18
  • 19. Be ashamed when you launch ! CONFIDENTIAL © Wengo SAS 2009 Reproduction prohibited without prior authorization 19
  • 20. And iterate…with your first users’s feedbacks CONFIDENTIAL © Wengo SAS 2009 Reproduction prohibited without prior authorization 20
  • 21. And iterate…with your first users’s feedbacks CONFIDENTIAL © Wengo SAS 2009 Reproduction prohibited without prior authorization 21
  • 22. And iterate…with your first users’s feedbacks CONFIDENTIAL © Wengo SAS 2009 Reproduction prohibited without prior authorization 22
  • 23. And iterate…with your first users’s feedbacks CONFIDENTIAL © Wengo SAS 2009 Reproduction prohibited without prior authorization 23
  • 24. Define KPIs CONFIDENTIAL © Wengo SAS 2009 Reproduction prohibited without prior authorization 24
  • 25. Communicate them CONFIDENTIAL © Wengo SAS 2009 Reproduction prohibited without prior authorization 25
  • 26. & Follow them ;-) CONFIDENTIAL © Wengo SAS 2009 Reproduction prohibited without prior authorization 26
  • 27. Questions ? 10 IF ANSWER = YES THEN GOTO http://plaza42.com 20 IF ELSE THEN GOTO 10 30 END CONFIDENTIAL © Wengo SAS 2009 Reproduction prohibited without prior authorization 27