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10 Years on a Rollercoaster –
                                    an E-Commerce Success Story




Richard King, Vice President International
October 2009                                       Richard King   04/11/09   Page 1
Content

    The opportunity that turned to dust

    The unwanted situation and the pot of gold

    Darling of the press, enemy of the banks

    Surprised by success

    Settling into a nice corporate position

    Critical Success Factors




                                        Richard King   04/11/09   Page 2
Lean-back time



  Current Situation
   – Energy only
   – Efficient, effective, market-
     outperforming
   – Near-exclusive Google focus
   – Focus on CTR and CPC




  Work-in-progress
   – Keyword tuning (ongoing)
   – Focus on cost/conversion
   – Investigate increased effort for content network (conversion optimisation,
     medium)
   – Short-notice and temporary tactical SEM campaigns to accompany other
     marketing actions (notably PR) re content, timing, geography



                                                        Richard King   04/11/09   Page 3
The Political Opportunity

European Deregulation and National Reality

  Current Situation
      1998:
                                    1998:
   –  Energy only
             The Revolution for Consumers in Telecommunications !
   – Efficient, effective, market-
     outperforming
   – Near-exclusive Google focus
   – Focus on CTR and CPC


                                                            1998:
                                                    A Regulator is formed ...
  Work-in-progress
   – Keyword tuning (ongoing)
   – Focus on cost/conversion
   – Investigate increased effort for content network (conversion optimisation,
     medium)
   – Short-notice and temporary tactical SEM campaigns to accompany other
     marketing actions (notably PR) re content, timing, geography



                                                        Richard King   04/11/09   Page 4
The Hard Place & the Pot of Gold

Investor Pressures and the Main Revenue Stream

  Investor:
   – Take a look at the energy industry!



  Verivox:
   – Energy is less competitive than telecommunications

   – Energy is slower than telecommunications

   – Energy is more heavily regulated than telecommunications

   – Energy is less emotional than telecommunications

   – Energy is even more boring than telecommunications!



                                                Richard King   04/11/09   Page 5
The Nice Corporate Position

A Company with both feet on the ground ...

                   ... is standing still !




                                             Richard King   04/11/09   Page 6
Critical Success Factors

 Three Personal Pearls of Wisdom

   Passionate People and Organizational Structures




                                            Richard King   04/11/09   Page 7
Critical Success Factors

 Three Personal Pearls of Wisdom

   Passionate People and Organizational Structures
   The Pursuit of Excellence and Business Model Implications




                                            Richard King   04/11/09   Page 8
Critical Success Factors

 Three Personal Pearls of Wisdom

   Passionate People and Organizational Structures
   The Pursuit of Excellence and Business Model Implications
   Customer Wishes and Brand Values




                                            Richard King   04/11/09   Page 9
Trust

   Ask for it!


        „Verivox reduced our energy costs by 50%
                we save EUR 14.000 p.a.!
        We trust Verivox and use them every year“
                 Andreas Wilhelm, ‚Alte Brennerei‘




                                                     Richard King   04/11/09   Page 10
Thank You



Richard King                        +49 (0) 6221 7961-263
Vice President International        richard.king@verivox.com

                                     Richard King   04/11/09   Page 11

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EEC09 - Richard King, Vicepresidente Internacional de Verivox

  • 1. 10 Years on a Rollercoaster – an E-Commerce Success Story Richard King, Vice President International October 2009 Richard King 04/11/09 Page 1
  • 2. Content The opportunity that turned to dust The unwanted situation and the pot of gold Darling of the press, enemy of the banks Surprised by success Settling into a nice corporate position Critical Success Factors Richard King 04/11/09 Page 2
  • 3. Lean-back time Current Situation – Energy only – Efficient, effective, market- outperforming – Near-exclusive Google focus – Focus on CTR and CPC Work-in-progress – Keyword tuning (ongoing) – Focus on cost/conversion – Investigate increased effort for content network (conversion optimisation, medium) – Short-notice and temporary tactical SEM campaigns to accompany other marketing actions (notably PR) re content, timing, geography Richard King 04/11/09 Page 3
  • 4. The Political Opportunity European Deregulation and National Reality Current Situation 1998: 1998: – Energy only The Revolution for Consumers in Telecommunications ! – Efficient, effective, market- outperforming – Near-exclusive Google focus – Focus on CTR and CPC 1998: A Regulator is formed ... Work-in-progress – Keyword tuning (ongoing) – Focus on cost/conversion – Investigate increased effort for content network (conversion optimisation, medium) – Short-notice and temporary tactical SEM campaigns to accompany other marketing actions (notably PR) re content, timing, geography Richard King 04/11/09 Page 4
  • 5. The Hard Place & the Pot of Gold Investor Pressures and the Main Revenue Stream Investor: – Take a look at the energy industry! Verivox: – Energy is less competitive than telecommunications – Energy is slower than telecommunications – Energy is more heavily regulated than telecommunications – Energy is less emotional than telecommunications – Energy is even more boring than telecommunications! Richard King 04/11/09 Page 5
  • 6. The Nice Corporate Position A Company with both feet on the ground ... ... is standing still ! Richard King 04/11/09 Page 6
  • 7. Critical Success Factors Three Personal Pearls of Wisdom Passionate People and Organizational Structures Richard King 04/11/09 Page 7
  • 8. Critical Success Factors Three Personal Pearls of Wisdom Passionate People and Organizational Structures The Pursuit of Excellence and Business Model Implications Richard King 04/11/09 Page 8
  • 9. Critical Success Factors Three Personal Pearls of Wisdom Passionate People and Organizational Structures The Pursuit of Excellence and Business Model Implications Customer Wishes and Brand Values Richard King 04/11/09 Page 9
  • 10. Trust Ask for it! „Verivox reduced our energy costs by 50% we save EUR 14.000 p.a.! We trust Verivox and use them every year“ Andreas Wilhelm, ‚Alte Brennerei‘ Richard King 04/11/09 Page 10
  • 11. Thank You Richard King +49 (0) 6221 7961-263 Vice President International richard.king@verivox.com Richard King 04/11/09 Page 11