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Creating social networking site
DigiGen 2009 Workshop
Part 3

                                         WWW.F5DC.COM



Gregory.birge@f5dc.com   +65 9111 6849
AGENDA
0900 – 0930 :         Introduction
0930 – 1030 : Current social networking market Place
1030 – 1100 : BREAK
1100 – 1200 : Optimizing Audience Engagement
1200 – 1300 : LUNCH
1300 – 1400 :         Revenue generation, goals
1400 – 1430 : Legal aspects
1430 – 1500 : BREAK
1500 – 1600 : Future Trend
Quick reminder : Why doing it ?
                      New, trendy

                      Adapted medium – audience

                      Additional way to talk to your
                    audience

                      Engagement program




                 WWW.F5DC.COM
Step 1 : Quick decision metrics




                 WWW.F5DC.COM
Wedding between 3 parties
        Today                                    Tomorrow

     Brand                                       Brand




                SNW




                                                                        SNW
    Consumer                                   Consumer



                                 Consumer evolve over time
                                 What do you do to catch up ?
                                 How to avoid divorce
                                 Don’t wait to find the perfect wife
                                 Launch it and adapt



                      WWW.F5DC.COM
What needs to change ?
                                  Content
                                  Way to access it
                                  Design
                                  Engagement method
                                  Style
                                  Include new features…




               WWW.F5DC.COM
Focus points, first impression
                                                                              Technology : 7%
                                                                                                                      Navigation : 12%
                                                                                                                       Links relevant
                                                                                               Design : 18%            Easy
                                                                                                Taste audience        Help
                                                                                                Support only          Contact
                                                                                                Internet friendly     TsCs
                                                                               Content : 64%   Speed
                                                                                                                       Sitemap
                                                                                Targeted
                                                                                Relevant
                                                                                Updated
                                                                                Accurate
                                                                                easy to find



Data source from http://www.contentmanager.net/magazine/article_1082_success_website.html
                                                                                    WWW.F5DC.COM
Use a Web Funnel




                                                                     Generate traffic
                                                                     Bring people to your own site
                                                                     Convert
                                                                     Increase sales
© With the approval of Philips Global online team   WWW.F5DC.COM
Great tools exists, just ask , be aware




                  WWW.F5DC.COM
Warnings
             The idea might be simple

             Time – Quality – Money

             Changes

             Modifications

             Updates

             Content

             Next steps

             The first step is the easiest

            WWW.F5DC.COM
Why monetize?
                                                                                              In Second Life the
•  Facebook, Skype and                     why                    •  High operations cost
                                                                                              virtual currency a
   YouTube were not
   planned to bring in cash   •  understandable that the
                                                                  •  Facebook: $200 million   user can obtain
                                                                     per year for server
   from the beginning            users received the
                                 monetization attempts
                                                                     maintenance and          throughout his or
                                                                     electricity
                                 with a bit of distrust and
                                 annoyance
                                                                                              hers experience
                                                                                              is transferable in
          Initial                                                             But             real life currency




                                                        WWW.F5DC.COM
Monetizing from Social Websites
WWW.F5DC.COM
How to make money ?



                               Be clear to your audience
     Same old school                   Share part of it                     Sell it !
                       Smile
  Banners            y bad        Localize / adapt part of it     Get enough traffic
  Advertising                     Include dedicated offer         Regular members - visitors
  Subscription model              Data mining
                                   Special offers
                                   Affiliate
                                   Merchandising
                                          WWW.F5DC.COM
You do not need direct sales impact
               Visibility                            Action            Sales engagement

                               But you need to be able to measure it
                                                                           Indirect sales impact
                                                                           Online sales




  Generate brand visibility

  Generate communication

  Generate engagement


                                            WWW.F5DC.COM
Success keys
                 Planning                           site             Maintenance
  Very clear objectives and stick to it                     Updates
  Technical background                                      Focus
  Content                                                   Google Analytics
  Design                                                    Fine tuning
  Flow                                                      Keep it alive
  SEO
  Communication
  Partners
  Planning
  Do not aim100% perfection

                                     WWW.F5DC.COM
Study case
                              Dedicated Community

                              Singapore & F1

                              Created 2008

                              33 000 visits

                             150 000 pages views

                              350 members


             WWW.F5DC.COM
THANKS



                                         WWW.F5DC.COM



Gregory.birge@f5dc.com   +65 9111 6849
What went wrong with
  Beginning: Finding "lost" friends was a fun game but it was not meant to last
  As it evolved, people did new things with it. myspace.com allow users freedom to
   create.
  Was launched in 2002 when economy was slow and many web-minded 20-
   somethings slacking at work
  Was seen as a dating site
  server slowness discourage members to log in regularly
  Did not grow with users, restricted its users notably Fakesters and those with more
   creative non-photorealistic profiles
  Did not try to understand its users



                                      WWW.F5DC.COM
Background Info
  Set up in




                  WWW.F5DC.COM
Case Study: Why F1GPSG did not get
the ‘hoo-ha’ that was expected?
Relating to the success factors of social networking website, f1gpsg.com did
   achieve
  - Content: Yes. Updated news on F1, relevant and informative details on
   Singapore Grand Prix during the race season. Clear text, images and links.
  - Design: Yes, pretty cool and stylish.
  - Navigation: Not really, gets pretty confusing on 1st visit. There’s no
   presence of directed surf/exploration routing.
  - Community: f1 fans scattered but exists. Where do f1 fans in Singapore
   gather before Singapore Grand Prix?
  - Technology: forum based, stable but has yet to establish other more
   interactive applications.
                                   WWW.F5DC.COM
Contrast with the Steps of setting a social
networking website

"   Failed to capture good 1st impression
"   Didn’t entice members to refer others
"   No objectives for members to make repeat visits. Current member size is <400. Regular contests are set up
    but only a couple of active members are participating. No value add for passive members
"   Blocked out intrusive advertising.
"   Did not source out existing f1 fan base and tap from them
"   Lacked entertainment, only forums to let them express their opinions but lacked visual and audio stimulation.
"   Invited the right people. Start from outside circle and still remain outside. Where is the core?
"   keep it small and private
"   viewed members as advisors to the community
"   Social glue is missing after race season
"   Managed in sporadic functions; lacked control and planning
"   Focus on building the portal this year on, with goals and objectives set across and resources allocated.
"   Rewards and reciprocity; but doesn’t encourage community building


                                                  WWW.F5DC.COM
Recommendations
  Create a purpose. If forum is the core activity, it should be
   positioned at a ‘eye-catching’ location.
  Currently, the ‘forum’ link is hidden under ‘community’ tab
  Create a logical navigation flow. Current site is too ‘haphazard’
   & ‘crowded” & confusing, 1st time user is ‘lost’
  Statistics doesn’t reflect well on the site, affect visitor’s
   judgment.



                              WWW.F5DC.COM
  Design & layout of site is not visually appealing (maybe
   a bigger font size)
  Element of ‘Personality’ is missing. Other than posts by
   members, the site seems to be merely ‘copy & paste’
   or feeds from other site. Can have a section on
   f1gpsg activities.
  Assess the needs of functions such as inbox, search,
   member list, user groups as they are not optimized.
  Gallery should be organized.
  Pre-requisites for downloads should be made known.

                          WWW.F5DC.COM
THANKS



                                         WWW.F5DC.COM



Gregory.birge@f5dc.com   +65 9111 6849
API based sales
    eBay allows members to trade on their own sites rather than forcing
   them to set up their stores on eBay. Their revenues increased by 86%.
    40% of Salesforce revenue comes from external sites that use their
   API, not their own website.
    $490 million per quarter comes from Amazon’s API, not their site.
Virtual Worlds
  Gigaom forecasts Virtual World revenues to be $6 Billion by 2012.
   Anything from Virtual goods, virtual real estate, & product placement and
   endorsements can be a great source of revenue.




                     http://www.webgrrls.com/blog/2008/12/11/monetizing-social-mediabeyond-the-ad-model/

                                            WWW.F5DC.COM
CPC (Cost Per
                                                  Click) Campaigns

traffic personal/lifestyle blogs have
are of value to advertisers

                               different targeting method to
                               bring the best out of its
                               audience


Various levels of
                                               CPM (Cost Per Impression)
“Audience Targeting”
                                               campaigns


                                WWW.F5DC.COM
Sponsored            Philantrophic
                         Multi-Layered        Advertising
                         Polls
Less intrusive      Demographics                  Artwork
visually            Targeted                      Guidelines &
                    Advertising                   Unintrusive
Minimum                                           Sophistication
Required Visitors
                    ISP-backed Geolocation
Per Day = ZERO
                    Visitors Can
                    Comment On Ads,
Full Support        and Rotate Which
System              Ads Are Being Show

                               WWW.F5DC.COM
WWW.F5DC.COM

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F5DIGITAL DigiGen09 workshop_part3

  • 1. Creating social networking site DigiGen 2009 Workshop Part 3 WWW.F5DC.COM Gregory.birge@f5dc.com +65 9111 6849
  • 2. AGENDA 0900 – 0930 : Introduction 0930 – 1030 : Current social networking market Place 1030 – 1100 : BREAK 1100 – 1200 : Optimizing Audience Engagement 1200 – 1300 : LUNCH 1300 – 1400 : Revenue generation, goals 1400 – 1430 : Legal aspects 1430 – 1500 : BREAK 1500 – 1600 : Future Trend
  • 3. Quick reminder : Why doing it ?   New, trendy   Adapted medium – audience   Additional way to talk to your audience   Engagement program WWW.F5DC.COM
  • 4. Step 1 : Quick decision metrics WWW.F5DC.COM
  • 5. Wedding between 3 parties Today Tomorrow Brand Brand SNW SNW Consumer Consumer   Consumer evolve over time   What do you do to catch up ?   How to avoid divorce   Don’t wait to find the perfect wife   Launch it and adapt WWW.F5DC.COM
  • 6. What needs to change ?   Content   Way to access it   Design   Engagement method   Style   Include new features… WWW.F5DC.COM
  • 7. Focus points, first impression Technology : 7% Navigation : 12%   Links relevant Design : 18%   Easy   Taste audience   Help   Support only   Contact   Internet friendly   TsCs Content : 64%   Speed   Sitemap   Targeted   Relevant   Updated   Accurate   easy to find Data source from http://www.contentmanager.net/magazine/article_1082_success_website.html WWW.F5DC.COM
  • 8. Use a Web Funnel   Generate traffic   Bring people to your own site   Convert   Increase sales © With the approval of Philips Global online team WWW.F5DC.COM
  • 9. Great tools exists, just ask , be aware WWW.F5DC.COM
  • 10. Warnings   The idea might be simple   Time – Quality – Money   Changes   Modifications   Updates   Content   Next steps   The first step is the easiest WWW.F5DC.COM
  • 11. Why monetize? In Second Life the •  Facebook, Skype and why •  High operations cost virtual currency a YouTube were not planned to bring in cash •  understandable that the •  Facebook: $200 million user can obtain per year for server from the beginning users received the monetization attempts maintenance and throughout his or electricity with a bit of distrust and annoyance hers experience is transferable in Initial But real life currency WWW.F5DC.COM
  • 14. How to make money ? Be clear to your audience Same old school Share part of it Sell it ! Smile   Banners y bad   Localize / adapt part of it   Get enough traffic   Advertising   Include dedicated offer   Regular members - visitors   Subscription model   Data mining   Special offers   Affiliate   Merchandising WWW.F5DC.COM
  • 15. You do not need direct sales impact Visibility Action Sales engagement But you need to be able to measure it   Indirect sales impact   Online sales   Generate brand visibility   Generate communication   Generate engagement WWW.F5DC.COM
  • 16. Success keys Planning site Maintenance   Very clear objectives and stick to it   Updates   Technical background   Focus   Content   Google Analytics   Design   Fine tuning   Flow   Keep it alive   SEO   Communication   Partners   Planning   Do not aim100% perfection WWW.F5DC.COM
  • 17. Study case   Dedicated Community   Singapore & F1   Created 2008   33 000 visits  150 000 pages views   350 members WWW.F5DC.COM
  • 18. THANKS WWW.F5DC.COM Gregory.birge@f5dc.com +65 9111 6849
  • 19. What went wrong with   Beginning: Finding "lost" friends was a fun game but it was not meant to last   As it evolved, people did new things with it. myspace.com allow users freedom to create.   Was launched in 2002 when economy was slow and many web-minded 20- somethings slacking at work   Was seen as a dating site   server slowness discourage members to log in regularly   Did not grow with users, restricted its users notably Fakesters and those with more creative non-photorealistic profiles   Did not try to understand its users WWW.F5DC.COM
  • 20. Background Info   Set up in WWW.F5DC.COM
  • 21. Case Study: Why F1GPSG did not get the ‘hoo-ha’ that was expected? Relating to the success factors of social networking website, f1gpsg.com did achieve   - Content: Yes. Updated news on F1, relevant and informative details on Singapore Grand Prix during the race season. Clear text, images and links.   - Design: Yes, pretty cool and stylish.   - Navigation: Not really, gets pretty confusing on 1st visit. There’s no presence of directed surf/exploration routing.   - Community: f1 fans scattered but exists. Where do f1 fans in Singapore gather before Singapore Grand Prix?   - Technology: forum based, stable but has yet to establish other more interactive applications. WWW.F5DC.COM
  • 22. Contrast with the Steps of setting a social networking website " Failed to capture good 1st impression " Didn’t entice members to refer others " No objectives for members to make repeat visits. Current member size is <400. Regular contests are set up but only a couple of active members are participating. No value add for passive members " Blocked out intrusive advertising. " Did not source out existing f1 fan base and tap from them " Lacked entertainment, only forums to let them express their opinions but lacked visual and audio stimulation. " Invited the right people. Start from outside circle and still remain outside. Where is the core? " keep it small and private " viewed members as advisors to the community " Social glue is missing after race season " Managed in sporadic functions; lacked control and planning " Focus on building the portal this year on, with goals and objectives set across and resources allocated. " Rewards and reciprocity; but doesn’t encourage community building WWW.F5DC.COM
  • 23. Recommendations   Create a purpose. If forum is the core activity, it should be positioned at a ‘eye-catching’ location.   Currently, the ‘forum’ link is hidden under ‘community’ tab   Create a logical navigation flow. Current site is too ‘haphazard’ & ‘crowded” & confusing, 1st time user is ‘lost’   Statistics doesn’t reflect well on the site, affect visitor’s judgment. WWW.F5DC.COM
  • 24.   Design & layout of site is not visually appealing (maybe a bigger font size)   Element of ‘Personality’ is missing. Other than posts by members, the site seems to be merely ‘copy & paste’ or feeds from other site. Can have a section on f1gpsg activities.   Assess the needs of functions such as inbox, search, member list, user groups as they are not optimized.   Gallery should be organized.   Pre-requisites for downloads should be made known. WWW.F5DC.COM
  • 25. THANKS WWW.F5DC.COM Gregory.birge@f5dc.com +65 9111 6849
  • 26. API based sales   eBay allows members to trade on their own sites rather than forcing them to set up their stores on eBay. Their revenues increased by 86%.   40% of Salesforce revenue comes from external sites that use their API, not their own website.   $490 million per quarter comes from Amazon’s API, not their site. Virtual Worlds   Gigaom forecasts Virtual World revenues to be $6 Billion by 2012. Anything from Virtual goods, virtual real estate, & product placement and endorsements can be a great source of revenue. http://www.webgrrls.com/blog/2008/12/11/monetizing-social-mediabeyond-the-ad-model/ WWW.F5DC.COM
  • 27. CPC (Cost Per Click) Campaigns traffic personal/lifestyle blogs have are of value to advertisers different targeting method to bring the best out of its audience Various levels of CPM (Cost Per Impression) “Audience Targeting” campaigns WWW.F5DC.COM
  • 28. Sponsored Philantrophic Multi-Layered Advertising Polls Less intrusive Demographics Artwork visually Targeted Guidelines & Advertising Unintrusive Minimum Sophistication Required Visitors ISP-backed Geolocation Per Day = ZERO Visitors Can Comment On Ads, Full Support and Rotate Which System Ads Are Being Show WWW.F5DC.COM