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What’s Next?
How to
Charge More
by Reinventing
VoIP Services
Saturday, May 11, 13
CAN YOU SPEAK MAGIC?
2
Saturday, May 11, 13
CAN YOU SPEAK MAGIC?
2
Ben Klang
Saturday, May 11, 13
CAN YOU SPEAK MAGIC?
2
Ben Klang
Saturday, May 11, 13
CAN YOU SPEAK MAGIC?
2
Ben Klang
Saturday, May 11, 13
CAN YOU SPEAK MAGIC?
2
Ben Klang
Saturday, May 11, 13
CAN YOU SPEAK MAGIC?
3
How to
Charge More
by Reinventing
VoIP Services
Saturday, May 11, 13
CAN YOU SPEAK MAGIC?
4
Making a buck in
VoIP and Cloud PBX
is Hard
Saturday, May 11, 13
CAN YOU SPEAK MAGIC?
4
Making a buck in
VoIP and Cloud PBX
is Hard
...and Getting Harder
Saturday, May 11, 13
CAN YOU SPEAK MAGIC?
THE PROBLEMS
5
Saturday, May 11, 13
CAN YOU SPEAK MAGIC?
THE PROBLEMS
Price Minimization
5
Saturday, May 11, 13
CAN YOU SPEAK MAGIC?
THE PROBLEMS
Price Minimization
Service Homogenization
5
Saturday, May 11, 13
CAN YOU SPEAK MAGIC?
THE PROBLEMS
Price Minimization
Service Homogenization
Sexiness Boringization
5
Saturday, May 11, 13
CAN YOU SPEAK MAGIC?
6
PRICE MINIMIZATION
Saturday, May 11, 13
CAN YOU SPEAK MAGIC?
1995 PRICE-PER-MINUTE
7
Saturday, May 11, 13
CAN YOU SPEAK MAGIC?
2005 PRICE-PER-MINUTE
8
Saturday, May 11, 13
CAN YOU SPEAK MAGIC?
2005 PRICE-PER-MINUTE
8
Saturday, May 11, 13
CAN YOU SPEAK MAGIC?
2015 PRICE-PER-MINUTE
9
0
Saturday, May 11, 13
CAN YOU SPEAK MAGIC?
2015 PRICE-PER-MINUTE
9
0*
Saturday, May 11, 13
CAN YOU SPEAK MAGIC?
TODAY’S PRICE-PER-MINUTE
10
Saturday, May 11, 13
CAN YOU SPEAK MAGIC?
TODAY’S PRICE-PER-MINUTE
10
Saturday, May 11, 13
CAN YOU SPEAK MAGIC?
11
Saturday, May 11, 13
CAN YOU SPEAK MAGIC?
SERVICE HOMOGENIZATION
12
Saturday, May 11, 13
CAN YOU SPEAK MAGIC?
13
Saturday, May 11, 13
CAN YOU SPEAK MAGIC?
14
Saturday, May 11, 13
12,000 vertical pixels of text
Covers North American providers
The full list is 3 times longer than this
I tried showing you the full list in this presentation but it kept crashing the software
CAN YOU SPEAK MAGIC?
WHO’S WHO OF DEAD VOIP
15
Saturday, May 11, 13
27% of checked sites are dead
CAN YOU SPEAK MAGIC?
WHO’S WHO OF DEAD VOIP
•78 Companies Checked
15
Saturday, May 11, 13
27% of checked sites are dead
CAN YOU SPEAK MAGIC?
WHO’S WHO OF DEAD VOIP
•78 Companies Checked
•21 Websites Down/Gone
15
Saturday, May 11, 13
27% of checked sites are dead
CAN YOU SPEAK MAGIC?
WHO’S WHO OF DEAD VOIP
•78 Companies Checked
•21 Websites Down/Gone
•How many more silently failed?
15
Saturday, May 11, 13
27% of checked sites are dead
CAN YOU SPEAK MAGIC?
SEXINESS BORINGIZATION
16
Saturday, May 11, 13
Boringization: Was sexy for a minute when VoIP disrupted the remnants of Ma Bell. Then got exciting again when cheap PBXes moved to
the cloud. But now what?
This is evidence that all the interesting problems have been solved. At this point you are not going to enter this market selling generic voice
minutes or Cloud PBX services and expect to surprise anyone - they’ve gone mainstream. We have to reach further.
CAN YOU SPEAK MAGIC?
SERVICE COMMODITIZATION
17
http://mspmentor.net/acquisitions/hosted-voip-acquisition-warwick-valley-telephone-buys-alteva
Saturday, May 11, 13
CAN YOU SPEAK MAGIC?
SERVICE COMMODITIZATION
18
http://www.zacks.com/stock/news/97333/jcom-on-acquisition-spree
“Last year, the company made six acquisitions
related to cloud-based services.”
“The company executed three more buyouts early
this year. The aggressive buyout strategy of
the company will consolidate its global
leading position in the virtual PBX market.”
Saturday, May 11, 13
CAN YOU SPEAK MAGIC?
GIVING UP
19
Saturday, May 11, 13
CAN YOU SPEAK MAGIC?
THREE OUTCOMES
20
Saturday, May 11, 13
Unless you’re the one doing the buying...
If you are in this market and you’re not changing something, these are the outcomes
CAN YOU SPEAK MAGIC?
THREE OUTCOMES
Be Bought
20
Saturday, May 11, 13
Unless you’re the one doing the buying...
If you are in this market and you’re not changing something, these are the outcomes
CAN YOU SPEAK MAGIC?
THREE OUTCOMES
Be Bought
Tread Water
20
Saturday, May 11, 13
Unless you’re the one doing the buying...
If you are in this market and you’re not changing something, these are the outcomes
CAN YOU SPEAK MAGIC?
THREE OUTCOMES
Be Bought
Tread Water
Give Up
20
Saturday, May 11, 13
Unless you’re the one doing the buying...
If you are in this market and you’re not changing something, these are the outcomes
CAN YOU SPEAK MAGIC?
FOURTH OPTION:
21
Saturday, May 11, 13
Such an overused word. So let’s look at what it
means
CAN YOU SPEAK MAGIC?
FOURTH OPTION:
21
INNOVATE
Saturday, May 11, 13
Such an overused word. So let’s look at what it
means
CAN YOU SPEAK MAGIC?
INNOVATION
22
Saturday, May 11, 13
Go against the mainstream. Don’t just do what everyone else is doing
Not just lipservice
CAN YOU SPEAK MAGIC?
INNOVATION
•Change Business Model
22
Saturday, May 11, 13
Go against the mainstream. Don’t just do what everyone else is doing
Not just lipservice
CAN YOU SPEAK MAGIC?
INNOVATION
•Change Business Model
•Switch from selling minutes to seats
22
Saturday, May 11, 13
Go against the mainstream. Don’t just do what everyone else is doing
Not just lipservice
CAN YOU SPEAK MAGIC?
INNOVATION
•Change Business Model
•Switch from selling minutes to seats
•Switch from selling seats to phones
22
Saturday, May 11, 13
Go against the mainstream. Don’t just do what everyone else is doing
Not just lipservice
CAN YOU SPEAK MAGIC?
INNOVATION
•Change Business Model
•Switch from selling minutes to seats
•Switch from selling seats to phones
•Focus on Being Different
22
Saturday, May 11, 13
Go against the mainstream. Don’t just do what everyone else is doing
Not just lipservice
CAN YOU SPEAK MAGIC?
INNOVATION
•Change Business Model
•Switch from selling minutes to seats
•Switch from selling seats to phones
•Focus on Being Different
•“The Customer Service Leader”
22
Saturday, May 11, 13
Go against the mainstream. Don’t just do what everyone else is doing
Not just lipservice
CAN YOU SPEAK MAGIC?
INNOVATION
•Change Business Model
•Switch from selling minutes to seats
•Switch from selling seats to phones
•Focus on Being Different
•“The Customer Service Leader”
•“Fastest Deployment Time Period”
22
Saturday, May 11, 13
Go against the mainstream. Don’t just do what everyone else is doing
Not just lipservice
CAN YOU SPEAK MAGIC?
INNOVATION
•Change Business Model
•Switch from selling minutes to seats
•Switch from selling seats to phones
•Focus on Being Different
•“The Customer Service Leader”
•“Fastest Deployment Time Period”
•Specialization
22
Saturday, May 11, 13
Go against the mainstream. Don’t just do what everyone else is doing
Not just lipservice
CAN YOU SPEAK MAGIC?
INNOVATION
•Change Business Model
•Switch from selling minutes to seats
•Switch from selling seats to phones
•Focus on Being Different
•“The Customer Service Leader”
•“Fastest Deployment Time Period”
•Specialization
•Highly targeted products and services
22
Saturday, May 11, 13
Go against the mainstream. Don’t just do what everyone else is doing
Not just lipservice
CAN YOU SPEAK MAGIC?
INNOVATION
•Change Business Model
•Switch from selling minutes to seats
•Switch from selling seats to phones
•Focus on Being Different
•“The Customer Service Leader”
•“Fastest Deployment Time Period”
•Specialization
•Highly targeted products and services
•Vertical Integration
22
Saturday, May 11, 13
Go against the mainstream. Don’t just do what everyone else is doing
Not just lipservice
CAN YOU SPEAK MAGIC?
INNOVATION
•Change Business Model
•Switch from selling minutes to seats
•Switch from selling seats to phones
•Focus on Being Different
•“The Customer Service Leader”
•“Fastest Deployment Time Period”
•Specialization
•Highly targeted products and services
•Vertical Integration
•Deliver things that others can’t
22
Saturday, May 11, 13
Go against the mainstream. Don’t just do what everyone else is doing
Not just lipservice
CAN YOU SPEAK MAGIC?
INNOVATION
THROUGH
SPECIALIZATION
23
Saturday, May 11, 13
Let’s solve real problems
CAN YOU SPEAK MAGIC?
24
Saturday, May 11, 13
CAN YOU SPEAK MAGIC?
HOW DOES THIS WORK?
25
Saturday, May 11, 13
CAN YOU SPEAK MAGIC?
HOW DOES THIS WORK?
1.Identify a market to serve
The more specific the better!
Pick one you know or have connections to
25
Saturday, May 11, 13
CAN YOU SPEAK MAGIC?
HOW DOES THIS WORK?
1.Identify a market to serve
The more specific the better!
Pick one you know or have connections to
2.Learn what makes them tick
What pains do they suffer?
Where are opportunities to solve problems?
25
Saturday, May 11, 13
CAN YOU SPEAK MAGIC?
HOW DOES THIS WORK?
1.Identify a market to serve
The more specific the better!
Pick one you know or have connections to
2.Learn what makes them tick
What pains do they suffer?
Where are opportunities to solve problems?
3.Solve problems, sell solutions
25
Saturday, May 11, 13
CAN YOU SPEAK MAGIC?
HOW DOES THIS WORK?
1.Identify a market to serve
The more specific the better!
Pick one you know or have connections to
2.Learn what makes them tick
What pains do they suffer?
Where are opportunities to solve problems?
3.Solve problems, sell solutions
4.Repeat Step 3
25
Saturday, May 11, 13
CAN YOU SPEAK MAGIC?
HOW DOES THIS WORK?
1.Identify a market to serve
The more specific the better!
Pick one you know or have connections to
2.Learn what makes them tick
What pains do they suffer?
Where are opportunities to solve problems?
3.Solve problems, sell solutions
4.Repeat Step 3
5.Profit!
25
Saturday, May 11, 13
CAN YOU SPEAK MAGIC?
WHY DOES THIS WORK?
26
Saturday, May 11, 13
As long as you keep the price competitive, or the price/value balance
CAN YOU SPEAK MAGIC?
WHY DOES THIS WORK?
•Niche markets often underserved
26
Saturday, May 11, 13
As long as you keep the price competitive, or the price/value balance
CAN YOU SPEAK MAGIC?
WHY DOES THIS WORK?
•Niche markets often underserved
•Solutions create high value!
26
Saturday, May 11, 13
As long as you keep the price competitive, or the price/value balance
CAN YOU SPEAK MAGIC?
WHY DOES THIS WORK?
•Niche markets often underserved
•Solutions create high value!
•Tailored beats Generic every time
26
Saturday, May 11, 13
As long as you keep the price competitive, or the price/value balance
CAN YOU SPEAK MAGIC?
WE HAVE THE BEST TOYS!
27
Saturday, May 11, 13
VoIP Minutes and Cloud PBX are solved problems. Let’s solve new problems
CAN YOU SPEAK MAGIC?
WE HAVE THE BEST TOYS!
27
Saturday, May 11, 13
VoIP Minutes and Cloud PBX are solved problems. Let’s solve new problems
CAN YOU SPEAK MAGIC?
WE HAVE THE BEST TOYS!
27
Saturday, May 11, 13
VoIP Minutes and Cloud PBX are solved problems. Let’s solve new problems
CAN YOU SPEAK MAGIC?
WE HAVE THE BEST TOYS!
27
Saturday, May 11, 13
VoIP Minutes and Cloud PBX are solved problems. Let’s solve new problems
CAN YOU SPEAK MAGIC?
WE HAVE THE BEST TOYS!
27
Saturday, May 11, 13
VoIP Minutes and Cloud PBX are solved problems. Let’s solve new problems
CAN YOU SPEAK MAGIC?
WE HAVE THE BEST TOYS!
27
Saturday, May 11, 13
VoIP Minutes and Cloud PBX are solved problems. Let’s solve new problems
CAN YOU SPEAK MAGIC?
WE HAVE THE BEST TOYS!
27
Saturday, May 11, 13
VoIP Minutes and Cloud PBX are solved problems. Let’s solve new problems
CAN YOU SPEAK MAGIC?
...BUT WE SELL THIS
28
Saturday, May 11, 13
CAN YOU SPEAK MAGIC?
...BUT WE SELL THIS
29
Saturday, May 11, 13
CAN YOU SPEAK MAGIC?
...BUT WE SELL THIS
29
Saturday, May 11, 13
CAN YOU SPEAK MAGIC?
...BUT WE SELL THIS
29
Saturday, May 11, 13
CAN YOU SPEAK MAGIC?
...BUT WE SELL THIS
29
Saturday, May 11, 13
CAN YOU SPEAK MAGIC?
WHAT SHOULD WE BUILD?
30
Saturday, May 11, 13
CAN YOU SPEAK MAGIC?
WHAT SHOULD WE BUILD?
31
Saturday, May 11, 13
CAN YOU SPEAK MAGIC?
WHAT SHOULD WE BUILD?
•Automate Medical Claims
31
Saturday, May 11, 13
CAN YOU SPEAK MAGIC?
WHAT SHOULD WE BUILD?
•Automate Medical Claims
•Secure Caller Authentication
31
Saturday, May 11, 13
CAN YOU SPEAK MAGIC?
WHAT SHOULD WE BUILD?
•Automate Medical Claims
•Secure Caller Authentication
•Reuse primary auth via website
31
Saturday, May 11, 13
CAN YOU SPEAK MAGIC?
WHAT SHOULD WE BUILD?
•Automate Medical Claims
•Secure Caller Authentication
•Reuse primary auth via website
•Verify with voice biometrics
31
Saturday, May 11, 13
CAN YOU SPEAK MAGIC?
WHAT SHOULD WE BUILD?
•Automate Medical Claims
•Secure Caller Authentication
•Reuse primary auth via website
•Verify with voice biometrics
•Cross-check against caller location
31
Saturday, May 11, 13
CAN YOU SPEAK MAGIC?
WHAT SHOULD WE BUILD?
•Automate Medical Claims
•Secure Caller Authentication
•Reuse primary auth via website
•Verify with voice biometrics
•Cross-check against caller location
•Call recording/transcription
31
Saturday, May 11, 13
CAN YOU SPEAK MAGIC?
WHAT SHOULD WE BUILD?
•Automate Medical Claims
•Secure Caller Authentication
•Reuse primary auth via website
•Verify with voice biometrics
•Cross-check against caller location
•Call recording/transcription
•Medical advice given to patient
automatically added to patient file
31
Saturday, May 11, 13
CAN YOU SPEAK MAGIC?
WHAT SHOULD WE BUILD?
•Automate Medical Claims
•Secure Caller Authentication
•Reuse primary auth via website
•Verify with voice biometrics
•Cross-check against caller location
•Call recording/transcription
•Medical advice given to patient
automatically added to patient file
•Auditing/Service Quality Assurance
31
Saturday, May 11, 13
CAN YOU SPEAK MAGIC?
WHAT SHOULD WE BUILD?
32
Saturday, May 11, 13
The key to ROI in these markets is identifying commonalities, like Tessitura, and building solutions that integrate with existing, widely
deployed packages
CAN YOU SPEAK MAGIC?
WHAT SHOULD WE BUILD?
•Arts Management
32
Saturday, May 11, 13
The key to ROI in these markets is identifying commonalities, like Tessitura, and building solutions that integrate with existing, widely
deployed packages
CAN YOU SPEAK MAGIC?
WHAT SHOULD WE BUILD?
•Arts Management
•Enable perfect memory
32
Saturday, May 11, 13
The key to ROI in these markets is identifying commonalities, like Tessitura, and building solutions that integrate with existing, widely
deployed packages
CAN YOU SPEAK MAGIC?
WHAT SHOULD WE BUILD?
•Arts Management
•Enable perfect memory
•Anticipate caller’s needs
32
Saturday, May 11, 13
The key to ROI in these markets is identifying commonalities, like Tessitura, and building solutions that integrate with existing, widely
deployed packages
CAN YOU SPEAK MAGIC?
WHAT SHOULD WE BUILD?
•Arts Management
•Enable perfect memory
•Anticipate caller’s needs
•Concierge receives caller
info via Instant Message:
Caller Photo, Last Ticket Purchase, Seating
Preference, Lifetime Donation Amount
32
Saturday, May 11, 13
The key to ROI in these markets is identifying commonalities, like Tessitura, and building solutions that integrate with existing, widely
deployed packages
CAN YOU SPEAK MAGIC?
WHAT SHOULD WE BUILD?
•Arts Management
•Enable perfect memory
•Anticipate caller’s needs
•Concierge receives caller
info via Instant Message:
Caller Photo, Last Ticket Purchase, Seating
Preference, Lifetime Donation Amount
•Click-to-Call options for purchasing tickets
integrated with popular backend software
32
Saturday, May 11, 13
The key to ROI in these markets is identifying commonalities, like Tessitura, and building solutions that integrate with existing, widely
deployed packages
CAN YOU SPEAK MAGIC?
WHAT SHOULD WE BUILD?
•Arts Management
•Enable perfect memory
•Anticipate caller’s needs
•Concierge receives caller
info via Instant Message:
Caller Photo, Last Ticket Purchase, Seating
Preference, Lifetime Donation Amount
•Click-to-Call options for purchasing tickets
integrated with popular backend software
•Automate weather contingency notification
32
Saturday, May 11, 13
The key to ROI in these markets is identifying commonalities, like Tessitura, and building solutions that integrate with existing, widely
deployed packages
CAN YOU SPEAK MAGIC?
CASE STUDY
33
Saturday, May 11, 13
CAN YOU SPEAK MAGIC?
CASE STUDY
•Commoditized Market:
Home Remodeling
33
Saturday, May 11, 13
CAN YOU SPEAK MAGIC?
CASE STUDY
•Commoditized Market:
Home Remodeling
•No players in market with more
than a single-digit share
33
Saturday, May 11, 13
CAN YOU SPEAK MAGIC?
CASE STUDY
•Commoditized Market:
Home Remodeling
•No players in market with more
than a single-digit share
•Industry reputation for low quality,
poor service, unhappy customers
33
Saturday, May 11, 13
CAN YOU SPEAK MAGIC?
CASE STUDY
34
Saturday, May 11, 13
Professionalized the industry
Click-to-call small feature to implement, BIG impact on productivity
All calls recorded for training
CAN YOU SPEAK MAGIC?
CASE STUDY
•Built 100% custom
ERP package
34
Saturday, May 11, 13
Professionalized the industry
Click-to-call small feature to implement, BIG impact on productivity
All calls recorded for training
CAN YOU SPEAK MAGIC?
CASE STUDY
•Built 100% custom
ERP package
•Automates processes for sales,
financing, product installation,
ongoing customer service
34
Saturday, May 11, 13
Professionalized the industry
Click-to-call small feature to implement, BIG impact on productivity
All calls recorded for training
CAN YOU SPEAK MAGIC?
CASE STUDY
•Built 100% custom
ERP package
•Automates processes for sales,
financing, product installation,
ongoing customer service
•Call center automation
34
Saturday, May 11, 13
Professionalized the industry
Click-to-call small feature to implement, BIG impact on productivity
All calls recorded for training
CAN YOU SPEAK MAGIC?
CASE STUDY
•Built 100% custom
ERP package
•Automates processes for sales,
financing, product installation,
ongoing customer service
•Call center automation
•Confirm appointments with consumer
34
Saturday, May 11, 13
Professionalized the industry
Click-to-call small feature to implement, BIG impact on productivity
All calls recorded for training
CAN YOU SPEAK MAGIC?
CASE STUDY
•Built 100% custom
ERP package
•Automates processes for sales,
financing, product installation,
ongoing customer service
•Call center automation
•Confirm appointments with consumer
•Match qualified reps with leads
34
Saturday, May 11, 13
Professionalized the industry
Click-to-call small feature to implement, BIG impact on productivity
All calls recorded for training
CAN YOU SPEAK MAGIC?
CASE STUDY
•Built 100% custom
ERP package
•Automates processes for sales,
financing, product installation,
ongoing customer service
•Call center automation
•Confirm appointments with consumer
•Match qualified reps with leads
•Click-to-call for agents
34
Saturday, May 11, 13
Professionalized the industry
Click-to-call small feature to implement, BIG impact on productivity
All calls recorded for training
CAN YOU SPEAK MAGIC?
CASE STUDY
35
Saturday, May 11, 13
CAN YOU SPEAK MAGIC?
CASE STUDY
•$172MM in 2012
35
Saturday, May 11, 13
CAN YOU SPEAK MAGIC?
CASE STUDY
•$172MM in 2012
•Est. $365 in 2013
35
Saturday, May 11, 13
CAN YOU SPEAK MAGIC?
CASE STUDY
•$172MM in 2012
•Est. $365 in 2013
•New offices around the country
35
Saturday, May 11, 13
CAN YOU SPEAK MAGIC?
CASE STUDY
•$172MM in 2012
•Est. $365 in 2013
•New offices around the country
35
Saturday, May 11, 13
CAN YOU SPEAK MAGIC?
CASE STUDY
•$172MM in 2012
•Est. $365 in 2013
•New offices around the country
35
Saturday, May 11, 13
CAN YOU SPEAK MAGIC?
WE HAVE THE BEST TOYS TOOLS
36
Saturday, May 11, 13
VoIP Minutes and Cloud PBX are solved problems. Let’s solve new problems
CAN YOU SPEAK MAGIC?
37
adhearsion.com
@Adhearsion
http://mojolingo.com
@MojoLingo
@bklang
bklang@mojolingo.com
Saturday, May 11, 13
CAN YOU SPEAK MAGIC?
37
adhearsion.com
@Adhearsion
http://mojolingo.com
@MojoLingo
@bklang
bklang@mojolingo.com
Saturday, May 11, 13

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What's Next: How to charge more by reinventing cloud PBX services

  • 1. What’s Next? How to Charge More by Reinventing VoIP Services Saturday, May 11, 13
  • 2. CAN YOU SPEAK MAGIC? 2 Saturday, May 11, 13
  • 3. CAN YOU SPEAK MAGIC? 2 Ben Klang Saturday, May 11, 13
  • 4. CAN YOU SPEAK MAGIC? 2 Ben Klang Saturday, May 11, 13
  • 5. CAN YOU SPEAK MAGIC? 2 Ben Klang Saturday, May 11, 13
  • 6. CAN YOU SPEAK MAGIC? 2 Ben Klang Saturday, May 11, 13
  • 7. CAN YOU SPEAK MAGIC? 3 How to Charge More by Reinventing VoIP Services Saturday, May 11, 13
  • 8. CAN YOU SPEAK MAGIC? 4 Making a buck in VoIP and Cloud PBX is Hard Saturday, May 11, 13
  • 9. CAN YOU SPEAK MAGIC? 4 Making a buck in VoIP and Cloud PBX is Hard ...and Getting Harder Saturday, May 11, 13
  • 10. CAN YOU SPEAK MAGIC? THE PROBLEMS 5 Saturday, May 11, 13
  • 11. CAN YOU SPEAK MAGIC? THE PROBLEMS Price Minimization 5 Saturday, May 11, 13
  • 12. CAN YOU SPEAK MAGIC? THE PROBLEMS Price Minimization Service Homogenization 5 Saturday, May 11, 13
  • 13. CAN YOU SPEAK MAGIC? THE PROBLEMS Price Minimization Service Homogenization Sexiness Boringization 5 Saturday, May 11, 13
  • 14. CAN YOU SPEAK MAGIC? 6 PRICE MINIMIZATION Saturday, May 11, 13
  • 15. CAN YOU SPEAK MAGIC? 1995 PRICE-PER-MINUTE 7 Saturday, May 11, 13
  • 16. CAN YOU SPEAK MAGIC? 2005 PRICE-PER-MINUTE 8 Saturday, May 11, 13
  • 17. CAN YOU SPEAK MAGIC? 2005 PRICE-PER-MINUTE 8 Saturday, May 11, 13
  • 18. CAN YOU SPEAK MAGIC? 2015 PRICE-PER-MINUTE 9 0 Saturday, May 11, 13
  • 19. CAN YOU SPEAK MAGIC? 2015 PRICE-PER-MINUTE 9 0* Saturday, May 11, 13
  • 20. CAN YOU SPEAK MAGIC? TODAY’S PRICE-PER-MINUTE 10 Saturday, May 11, 13
  • 21. CAN YOU SPEAK MAGIC? TODAY’S PRICE-PER-MINUTE 10 Saturday, May 11, 13
  • 22. CAN YOU SPEAK MAGIC? 11 Saturday, May 11, 13
  • 23. CAN YOU SPEAK MAGIC? SERVICE HOMOGENIZATION 12 Saturday, May 11, 13
  • 24. CAN YOU SPEAK MAGIC? 13 Saturday, May 11, 13
  • 25. CAN YOU SPEAK MAGIC? 14 Saturday, May 11, 13 12,000 vertical pixels of text Covers North American providers The full list is 3 times longer than this I tried showing you the full list in this presentation but it kept crashing the software
  • 26. CAN YOU SPEAK MAGIC? WHO’S WHO OF DEAD VOIP 15 Saturday, May 11, 13 27% of checked sites are dead
  • 27. CAN YOU SPEAK MAGIC? WHO’S WHO OF DEAD VOIP •78 Companies Checked 15 Saturday, May 11, 13 27% of checked sites are dead
  • 28. CAN YOU SPEAK MAGIC? WHO’S WHO OF DEAD VOIP •78 Companies Checked •21 Websites Down/Gone 15 Saturday, May 11, 13 27% of checked sites are dead
  • 29. CAN YOU SPEAK MAGIC? WHO’S WHO OF DEAD VOIP •78 Companies Checked •21 Websites Down/Gone •How many more silently failed? 15 Saturday, May 11, 13 27% of checked sites are dead
  • 30. CAN YOU SPEAK MAGIC? SEXINESS BORINGIZATION 16 Saturday, May 11, 13 Boringization: Was sexy for a minute when VoIP disrupted the remnants of Ma Bell. Then got exciting again when cheap PBXes moved to the cloud. But now what? This is evidence that all the interesting problems have been solved. At this point you are not going to enter this market selling generic voice minutes or Cloud PBX services and expect to surprise anyone - they’ve gone mainstream. We have to reach further.
  • 31. CAN YOU SPEAK MAGIC? SERVICE COMMODITIZATION 17 http://mspmentor.net/acquisitions/hosted-voip-acquisition-warwick-valley-telephone-buys-alteva Saturday, May 11, 13
  • 32. CAN YOU SPEAK MAGIC? SERVICE COMMODITIZATION 18 http://www.zacks.com/stock/news/97333/jcom-on-acquisition-spree “Last year, the company made six acquisitions related to cloud-based services.” “The company executed three more buyouts early this year. The aggressive buyout strategy of the company will consolidate its global leading position in the virtual PBX market.” Saturday, May 11, 13
  • 33. CAN YOU SPEAK MAGIC? GIVING UP 19 Saturday, May 11, 13
  • 34. CAN YOU SPEAK MAGIC? THREE OUTCOMES 20 Saturday, May 11, 13 Unless you’re the one doing the buying... If you are in this market and you’re not changing something, these are the outcomes
  • 35. CAN YOU SPEAK MAGIC? THREE OUTCOMES Be Bought 20 Saturday, May 11, 13 Unless you’re the one doing the buying... If you are in this market and you’re not changing something, these are the outcomes
  • 36. CAN YOU SPEAK MAGIC? THREE OUTCOMES Be Bought Tread Water 20 Saturday, May 11, 13 Unless you’re the one doing the buying... If you are in this market and you’re not changing something, these are the outcomes
  • 37. CAN YOU SPEAK MAGIC? THREE OUTCOMES Be Bought Tread Water Give Up 20 Saturday, May 11, 13 Unless you’re the one doing the buying... If you are in this market and you’re not changing something, these are the outcomes
  • 38. CAN YOU SPEAK MAGIC? FOURTH OPTION: 21 Saturday, May 11, 13 Such an overused word. So let’s look at what it means
  • 39. CAN YOU SPEAK MAGIC? FOURTH OPTION: 21 INNOVATE Saturday, May 11, 13 Such an overused word. So let’s look at what it means
  • 40. CAN YOU SPEAK MAGIC? INNOVATION 22 Saturday, May 11, 13 Go against the mainstream. Don’t just do what everyone else is doing Not just lipservice
  • 41. CAN YOU SPEAK MAGIC? INNOVATION •Change Business Model 22 Saturday, May 11, 13 Go against the mainstream. Don’t just do what everyone else is doing Not just lipservice
  • 42. CAN YOU SPEAK MAGIC? INNOVATION •Change Business Model •Switch from selling minutes to seats 22 Saturday, May 11, 13 Go against the mainstream. Don’t just do what everyone else is doing Not just lipservice
  • 43. CAN YOU SPEAK MAGIC? INNOVATION •Change Business Model •Switch from selling minutes to seats •Switch from selling seats to phones 22 Saturday, May 11, 13 Go against the mainstream. Don’t just do what everyone else is doing Not just lipservice
  • 44. CAN YOU SPEAK MAGIC? INNOVATION •Change Business Model •Switch from selling minutes to seats •Switch from selling seats to phones •Focus on Being Different 22 Saturday, May 11, 13 Go against the mainstream. Don’t just do what everyone else is doing Not just lipservice
  • 45. CAN YOU SPEAK MAGIC? INNOVATION •Change Business Model •Switch from selling minutes to seats •Switch from selling seats to phones •Focus on Being Different •“The Customer Service Leader” 22 Saturday, May 11, 13 Go against the mainstream. Don’t just do what everyone else is doing Not just lipservice
  • 46. CAN YOU SPEAK MAGIC? INNOVATION •Change Business Model •Switch from selling minutes to seats •Switch from selling seats to phones •Focus on Being Different •“The Customer Service Leader” •“Fastest Deployment Time Period” 22 Saturday, May 11, 13 Go against the mainstream. Don’t just do what everyone else is doing Not just lipservice
  • 47. CAN YOU SPEAK MAGIC? INNOVATION •Change Business Model •Switch from selling minutes to seats •Switch from selling seats to phones •Focus on Being Different •“The Customer Service Leader” •“Fastest Deployment Time Period” •Specialization 22 Saturday, May 11, 13 Go against the mainstream. Don’t just do what everyone else is doing Not just lipservice
  • 48. CAN YOU SPEAK MAGIC? INNOVATION •Change Business Model •Switch from selling minutes to seats •Switch from selling seats to phones •Focus on Being Different •“The Customer Service Leader” •“Fastest Deployment Time Period” •Specialization •Highly targeted products and services 22 Saturday, May 11, 13 Go against the mainstream. Don’t just do what everyone else is doing Not just lipservice
  • 49. CAN YOU SPEAK MAGIC? INNOVATION •Change Business Model •Switch from selling minutes to seats •Switch from selling seats to phones •Focus on Being Different •“The Customer Service Leader” •“Fastest Deployment Time Period” •Specialization •Highly targeted products and services •Vertical Integration 22 Saturday, May 11, 13 Go against the mainstream. Don’t just do what everyone else is doing Not just lipservice
  • 50. CAN YOU SPEAK MAGIC? INNOVATION •Change Business Model •Switch from selling minutes to seats •Switch from selling seats to phones •Focus on Being Different •“The Customer Service Leader” •“Fastest Deployment Time Period” •Specialization •Highly targeted products and services •Vertical Integration •Deliver things that others can’t 22 Saturday, May 11, 13 Go against the mainstream. Don’t just do what everyone else is doing Not just lipservice
  • 51. CAN YOU SPEAK MAGIC? INNOVATION THROUGH SPECIALIZATION 23 Saturday, May 11, 13 Let’s solve real problems
  • 52. CAN YOU SPEAK MAGIC? 24 Saturday, May 11, 13
  • 53. CAN YOU SPEAK MAGIC? HOW DOES THIS WORK? 25 Saturday, May 11, 13
  • 54. CAN YOU SPEAK MAGIC? HOW DOES THIS WORK? 1.Identify a market to serve The more specific the better! Pick one you know or have connections to 25 Saturday, May 11, 13
  • 55. CAN YOU SPEAK MAGIC? HOW DOES THIS WORK? 1.Identify a market to serve The more specific the better! Pick one you know or have connections to 2.Learn what makes them tick What pains do they suffer? Where are opportunities to solve problems? 25 Saturday, May 11, 13
  • 56. CAN YOU SPEAK MAGIC? HOW DOES THIS WORK? 1.Identify a market to serve The more specific the better! Pick one you know or have connections to 2.Learn what makes them tick What pains do they suffer? Where are opportunities to solve problems? 3.Solve problems, sell solutions 25 Saturday, May 11, 13
  • 57. CAN YOU SPEAK MAGIC? HOW DOES THIS WORK? 1.Identify a market to serve The more specific the better! Pick one you know or have connections to 2.Learn what makes them tick What pains do they suffer? Where are opportunities to solve problems? 3.Solve problems, sell solutions 4.Repeat Step 3 25 Saturday, May 11, 13
  • 58. CAN YOU SPEAK MAGIC? HOW DOES THIS WORK? 1.Identify a market to serve The more specific the better! Pick one you know or have connections to 2.Learn what makes them tick What pains do they suffer? Where are opportunities to solve problems? 3.Solve problems, sell solutions 4.Repeat Step 3 5.Profit! 25 Saturday, May 11, 13
  • 59. CAN YOU SPEAK MAGIC? WHY DOES THIS WORK? 26 Saturday, May 11, 13 As long as you keep the price competitive, or the price/value balance
  • 60. CAN YOU SPEAK MAGIC? WHY DOES THIS WORK? •Niche markets often underserved 26 Saturday, May 11, 13 As long as you keep the price competitive, or the price/value balance
  • 61. CAN YOU SPEAK MAGIC? WHY DOES THIS WORK? •Niche markets often underserved •Solutions create high value! 26 Saturday, May 11, 13 As long as you keep the price competitive, or the price/value balance
  • 62. CAN YOU SPEAK MAGIC? WHY DOES THIS WORK? •Niche markets often underserved •Solutions create high value! •Tailored beats Generic every time 26 Saturday, May 11, 13 As long as you keep the price competitive, or the price/value balance
  • 63. CAN YOU SPEAK MAGIC? WE HAVE THE BEST TOYS! 27 Saturday, May 11, 13 VoIP Minutes and Cloud PBX are solved problems. Let’s solve new problems
  • 64. CAN YOU SPEAK MAGIC? WE HAVE THE BEST TOYS! 27 Saturday, May 11, 13 VoIP Minutes and Cloud PBX are solved problems. Let’s solve new problems
  • 65. CAN YOU SPEAK MAGIC? WE HAVE THE BEST TOYS! 27 Saturday, May 11, 13 VoIP Minutes and Cloud PBX are solved problems. Let’s solve new problems
  • 66. CAN YOU SPEAK MAGIC? WE HAVE THE BEST TOYS! 27 Saturday, May 11, 13 VoIP Minutes and Cloud PBX are solved problems. Let’s solve new problems
  • 67. CAN YOU SPEAK MAGIC? WE HAVE THE BEST TOYS! 27 Saturday, May 11, 13 VoIP Minutes and Cloud PBX are solved problems. Let’s solve new problems
  • 68. CAN YOU SPEAK MAGIC? WE HAVE THE BEST TOYS! 27 Saturday, May 11, 13 VoIP Minutes and Cloud PBX are solved problems. Let’s solve new problems
  • 69. CAN YOU SPEAK MAGIC? WE HAVE THE BEST TOYS! 27 Saturday, May 11, 13 VoIP Minutes and Cloud PBX are solved problems. Let’s solve new problems
  • 70. CAN YOU SPEAK MAGIC? ...BUT WE SELL THIS 28 Saturday, May 11, 13
  • 71. CAN YOU SPEAK MAGIC? ...BUT WE SELL THIS 29 Saturday, May 11, 13
  • 72. CAN YOU SPEAK MAGIC? ...BUT WE SELL THIS 29 Saturday, May 11, 13
  • 73. CAN YOU SPEAK MAGIC? ...BUT WE SELL THIS 29 Saturday, May 11, 13
  • 74. CAN YOU SPEAK MAGIC? ...BUT WE SELL THIS 29 Saturday, May 11, 13
  • 75. CAN YOU SPEAK MAGIC? WHAT SHOULD WE BUILD? 30 Saturday, May 11, 13
  • 76. CAN YOU SPEAK MAGIC? WHAT SHOULD WE BUILD? 31 Saturday, May 11, 13
  • 77. CAN YOU SPEAK MAGIC? WHAT SHOULD WE BUILD? •Automate Medical Claims 31 Saturday, May 11, 13
  • 78. CAN YOU SPEAK MAGIC? WHAT SHOULD WE BUILD? •Automate Medical Claims •Secure Caller Authentication 31 Saturday, May 11, 13
  • 79. CAN YOU SPEAK MAGIC? WHAT SHOULD WE BUILD? •Automate Medical Claims •Secure Caller Authentication •Reuse primary auth via website 31 Saturday, May 11, 13
  • 80. CAN YOU SPEAK MAGIC? WHAT SHOULD WE BUILD? •Automate Medical Claims •Secure Caller Authentication •Reuse primary auth via website •Verify with voice biometrics 31 Saturday, May 11, 13
  • 81. CAN YOU SPEAK MAGIC? WHAT SHOULD WE BUILD? •Automate Medical Claims •Secure Caller Authentication •Reuse primary auth via website •Verify with voice biometrics •Cross-check against caller location 31 Saturday, May 11, 13
  • 82. CAN YOU SPEAK MAGIC? WHAT SHOULD WE BUILD? •Automate Medical Claims •Secure Caller Authentication •Reuse primary auth via website •Verify with voice biometrics •Cross-check against caller location •Call recording/transcription 31 Saturday, May 11, 13
  • 83. CAN YOU SPEAK MAGIC? WHAT SHOULD WE BUILD? •Automate Medical Claims •Secure Caller Authentication •Reuse primary auth via website •Verify with voice biometrics •Cross-check against caller location •Call recording/transcription •Medical advice given to patient automatically added to patient file 31 Saturday, May 11, 13
  • 84. CAN YOU SPEAK MAGIC? WHAT SHOULD WE BUILD? •Automate Medical Claims •Secure Caller Authentication •Reuse primary auth via website •Verify with voice biometrics •Cross-check against caller location •Call recording/transcription •Medical advice given to patient automatically added to patient file •Auditing/Service Quality Assurance 31 Saturday, May 11, 13
  • 85. CAN YOU SPEAK MAGIC? WHAT SHOULD WE BUILD? 32 Saturday, May 11, 13 The key to ROI in these markets is identifying commonalities, like Tessitura, and building solutions that integrate with existing, widely deployed packages
  • 86. CAN YOU SPEAK MAGIC? WHAT SHOULD WE BUILD? •Arts Management 32 Saturday, May 11, 13 The key to ROI in these markets is identifying commonalities, like Tessitura, and building solutions that integrate with existing, widely deployed packages
  • 87. CAN YOU SPEAK MAGIC? WHAT SHOULD WE BUILD? •Arts Management •Enable perfect memory 32 Saturday, May 11, 13 The key to ROI in these markets is identifying commonalities, like Tessitura, and building solutions that integrate with existing, widely deployed packages
  • 88. CAN YOU SPEAK MAGIC? WHAT SHOULD WE BUILD? •Arts Management •Enable perfect memory •Anticipate caller’s needs 32 Saturday, May 11, 13 The key to ROI in these markets is identifying commonalities, like Tessitura, and building solutions that integrate with existing, widely deployed packages
  • 89. CAN YOU SPEAK MAGIC? WHAT SHOULD WE BUILD? •Arts Management •Enable perfect memory •Anticipate caller’s needs •Concierge receives caller info via Instant Message: Caller Photo, Last Ticket Purchase, Seating Preference, Lifetime Donation Amount 32 Saturday, May 11, 13 The key to ROI in these markets is identifying commonalities, like Tessitura, and building solutions that integrate with existing, widely deployed packages
  • 90. CAN YOU SPEAK MAGIC? WHAT SHOULD WE BUILD? •Arts Management •Enable perfect memory •Anticipate caller’s needs •Concierge receives caller info via Instant Message: Caller Photo, Last Ticket Purchase, Seating Preference, Lifetime Donation Amount •Click-to-Call options for purchasing tickets integrated with popular backend software 32 Saturday, May 11, 13 The key to ROI in these markets is identifying commonalities, like Tessitura, and building solutions that integrate with existing, widely deployed packages
  • 91. CAN YOU SPEAK MAGIC? WHAT SHOULD WE BUILD? •Arts Management •Enable perfect memory •Anticipate caller’s needs •Concierge receives caller info via Instant Message: Caller Photo, Last Ticket Purchase, Seating Preference, Lifetime Donation Amount •Click-to-Call options for purchasing tickets integrated with popular backend software •Automate weather contingency notification 32 Saturday, May 11, 13 The key to ROI in these markets is identifying commonalities, like Tessitura, and building solutions that integrate with existing, widely deployed packages
  • 92. CAN YOU SPEAK MAGIC? CASE STUDY 33 Saturday, May 11, 13
  • 93. CAN YOU SPEAK MAGIC? CASE STUDY •Commoditized Market: Home Remodeling 33 Saturday, May 11, 13
  • 94. CAN YOU SPEAK MAGIC? CASE STUDY •Commoditized Market: Home Remodeling •No players in market with more than a single-digit share 33 Saturday, May 11, 13
  • 95. CAN YOU SPEAK MAGIC? CASE STUDY •Commoditized Market: Home Remodeling •No players in market with more than a single-digit share •Industry reputation for low quality, poor service, unhappy customers 33 Saturday, May 11, 13
  • 96. CAN YOU SPEAK MAGIC? CASE STUDY 34 Saturday, May 11, 13 Professionalized the industry Click-to-call small feature to implement, BIG impact on productivity All calls recorded for training
  • 97. CAN YOU SPEAK MAGIC? CASE STUDY •Built 100% custom ERP package 34 Saturday, May 11, 13 Professionalized the industry Click-to-call small feature to implement, BIG impact on productivity All calls recorded for training
  • 98. CAN YOU SPEAK MAGIC? CASE STUDY •Built 100% custom ERP package •Automates processes for sales, financing, product installation, ongoing customer service 34 Saturday, May 11, 13 Professionalized the industry Click-to-call small feature to implement, BIG impact on productivity All calls recorded for training
  • 99. CAN YOU SPEAK MAGIC? CASE STUDY •Built 100% custom ERP package •Automates processes for sales, financing, product installation, ongoing customer service •Call center automation 34 Saturday, May 11, 13 Professionalized the industry Click-to-call small feature to implement, BIG impact on productivity All calls recorded for training
  • 100. CAN YOU SPEAK MAGIC? CASE STUDY •Built 100% custom ERP package •Automates processes for sales, financing, product installation, ongoing customer service •Call center automation •Confirm appointments with consumer 34 Saturday, May 11, 13 Professionalized the industry Click-to-call small feature to implement, BIG impact on productivity All calls recorded for training
  • 101. CAN YOU SPEAK MAGIC? CASE STUDY •Built 100% custom ERP package •Automates processes for sales, financing, product installation, ongoing customer service •Call center automation •Confirm appointments with consumer •Match qualified reps with leads 34 Saturday, May 11, 13 Professionalized the industry Click-to-call small feature to implement, BIG impact on productivity All calls recorded for training
  • 102. CAN YOU SPEAK MAGIC? CASE STUDY •Built 100% custom ERP package •Automates processes for sales, financing, product installation, ongoing customer service •Call center automation •Confirm appointments with consumer •Match qualified reps with leads •Click-to-call for agents 34 Saturday, May 11, 13 Professionalized the industry Click-to-call small feature to implement, BIG impact on productivity All calls recorded for training
  • 103. CAN YOU SPEAK MAGIC? CASE STUDY 35 Saturday, May 11, 13
  • 104. CAN YOU SPEAK MAGIC? CASE STUDY •$172MM in 2012 35 Saturday, May 11, 13
  • 105. CAN YOU SPEAK MAGIC? CASE STUDY •$172MM in 2012 •Est. $365 in 2013 35 Saturday, May 11, 13
  • 106. CAN YOU SPEAK MAGIC? CASE STUDY •$172MM in 2012 •Est. $365 in 2013 •New offices around the country 35 Saturday, May 11, 13
  • 107. CAN YOU SPEAK MAGIC? CASE STUDY •$172MM in 2012 •Est. $365 in 2013 •New offices around the country 35 Saturday, May 11, 13
  • 108. CAN YOU SPEAK MAGIC? CASE STUDY •$172MM in 2012 •Est. $365 in 2013 •New offices around the country 35 Saturday, May 11, 13
  • 109. CAN YOU SPEAK MAGIC? WE HAVE THE BEST TOYS TOOLS 36 Saturday, May 11, 13 VoIP Minutes and Cloud PBX are solved problems. Let’s solve new problems
  • 110. CAN YOU SPEAK MAGIC? 37 adhearsion.com @Adhearsion http://mojolingo.com @MojoLingo @bklang bklang@mojolingo.com Saturday, May 11, 13
  • 111. CAN YOU SPEAK MAGIC? 37 adhearsion.com @Adhearsion http://mojolingo.com @MojoLingo @bklang bklang@mojolingo.com Saturday, May 11, 13