SlideShare uma empresa Scribd logo
1 de 13
Baixar para ler offline
weTune
Opportunity Analysis Project

        Because neither " video killed the radio star" , nor will the Internet.
weTune
For radio stations, who need to keep track of their
audience taste and preferences, our feedback service is a
listeners digital community that builds value on radio
stations existing relation with their audience.
Our community implements a closing loop in radio stations
traditional broadcasting model, and helps them gather an
accurate image of their audience using data-mining
techniques.
Unlike statistical analysis based on surveys and interviews,
our service reflects audience taste more accurately, has
better segmentation and returns faster answers.
All of that at scalable and cheaper costs.
Value Proposition for Radio Stations
Gaining better knowledge about actual and
target radio audience
●  Research
●  Segmented advertising
Experiments with Radio Stations
●   Interview with experienced Programme
    Directors and Researchers
●   Surveys targeting international radio stations
    (waiting for results)


CONFIRMED HYPOTHESIS
● Radio stations are interested in exploring
  new research methodologies based on
  technology to leverage on listeners
  interaction.
Remarkable answers Radio Stations
●   Research resources are critical for running our business.
●   Feedback from listeners changes decisions on the radio business.
●   Research average yearly expense: EUR 0.50 per listener.
●   Total expenditure: EUR 500k to 1M in Research yearly (station audience
    between 1M and 2M listeners per week)

●   Interaction with listeners is considered very important by stations.
●   Stations perform weekly music tests by telephone.
●   60% of audience use online streaming.
●   Explored online alternative satisfactorily, expected 50% cost reduction.
●   Real time TSL (Time Spent Listening) updates would change how we run
    our business!

●   Segmented targeting would increase revenues from advertising.
●   Radio is not using current technology for segmentation of advertising.
Value Proposition for Listeners
Convenient feedback for interacting with radio
stations and with other listeners
●  Participating by closing broadcast loop
●  Influencing on-air content
●  Having a community feeling
●  Internet technology enables new channels
Experiments with Listeners
●   Surveys targeting international radio
    audience (50 results)

CONFIRMED HYPOTHESIS:
● Listeners would like to influence stations by
  interactive means.
● More than 50% use internet technology for
  listening to radio.
SO-SO HYPOTHESIS:
● Listeners community feeling
Remarkable answers Listeners
●   Large group listening radio while driving.
●   Listeners value music and public service information most.
●   60% visited station website and listened through online streaming.
●   60% used their smartphone for listening to radio content.
●   All online listeners multitask while listening to radio (email, news, browsing
    internet, social networks...).
●   50% do not show interest on interacting with other listeners.
Remarkable answers Listeners
●   35% actively participate on radio (contests, requests...)
●   50% showed interest in participating if it would be easier.
●   70% showed interest in sharing audio content with other people.
●   80% showed interest in rating music, provided it influenced stations playlist
    selection.
Value Proposition for Brands
Segment audience for targeted advertising
Experiments with Brands
●   Interviews to stations and specific section on
    survey for advertisers.
●   Pending interviews directly to advertisers.

CONFIRMED HYPOTHESIS:
● Radio stations would increase advertising
  revenues if targeting segments of audience
PENDING FOR TESTING:
● Brands would like feedback on radio ads.
Remarkable answers Brands
●   Advertisers choose radio as advertising method because of its higher
    customer penetration, loyalty and flexibility.
●   Main advertisers complaint: Lack of return/feedback on advertising.
●   Segmented targeting would benefit radio revenues.
●   Radio is not using current technology for advertising segmentation.
Conclusions
● Enough evidence to pursue idea and search
  for a viable business model.
● Will go through further iterations on
  opportunity analysis in search of minimum
  viable product.

Mais conteúdo relacionado

Mais procurados

Audience Economics: Media Institutions and the Audience Marketplace
Audience Economics: Media Institutions and the Audience MarketplaceAudience Economics: Media Institutions and the Audience Marketplace
Audience Economics: Media Institutions and the Audience MarketplaceOlga Kolgusheva
 
How Unilever Connected with New Canadian Consumers
How Unilever Connected with New Canadian ConsumersHow Unilever Connected with New Canadian Consumers
How Unilever Connected with New Canadian ConsumersRobin Brown
 
Talk, Chalk and Tweet: UKES 2016 Conference
Talk, Chalk and Tweet: UKES 2016 ConferenceTalk, Chalk and Tweet: UKES 2016 Conference
Talk, Chalk and Tweet: UKES 2016 ConferenceJames Ronicle
 
Naartjie Grand Opening Strategy
Naartjie Grand Opening StrategyNaartjie Grand Opening Strategy
Naartjie Grand Opening Strategywesleykerfox
 
Longitudinal Panels in the Mobile World - KWP ComTech
Longitudinal Panels in the  Mobile World - KWP ComTechLongitudinal Panels in the  Mobile World - KWP ComTech
Longitudinal Panels in the Mobile World - KWP ComTechMerlien Institute
 
Second screen broadcaster model
Second screen broadcaster modelSecond screen broadcaster model
Second screen broadcaster modelSarosh Rizvi
 

Mais procurados (7)

Audience Economics: Media Institutions and the Audience Marketplace
Audience Economics: Media Institutions and the Audience MarketplaceAudience Economics: Media Institutions and the Audience Marketplace
Audience Economics: Media Institutions and the Audience Marketplace
 
How Unilever Connected with New Canadian Consumers
How Unilever Connected with New Canadian ConsumersHow Unilever Connected with New Canadian Consumers
How Unilever Connected with New Canadian Consumers
 
Task Data Scientist
Task Data ScientistTask Data Scientist
Task Data Scientist
 
Talk, Chalk and Tweet: UKES 2016 Conference
Talk, Chalk and Tweet: UKES 2016 ConferenceTalk, Chalk and Tweet: UKES 2016 Conference
Talk, Chalk and Tweet: UKES 2016 Conference
 
Naartjie Grand Opening Strategy
Naartjie Grand Opening StrategyNaartjie Grand Opening Strategy
Naartjie Grand Opening Strategy
 
Longitudinal Panels in the Mobile World - KWP ComTech
Longitudinal Panels in the  Mobile World - KWP ComTechLongitudinal Panels in the  Mobile World - KWP ComTech
Longitudinal Panels in the Mobile World - KWP ComTech
 
Second screen broadcaster model
Second screen broadcaster modelSecond screen broadcaster model
Second screen broadcaster model
 

Destaque

Wall Street Industry Forum - Yeshiva University
Wall Street Industry Forum - Yeshiva UniversityWall Street Industry Forum - Yeshiva University
Wall Street Industry Forum - Yeshiva Universityytwersky
 
Apple tree learning center ppp 091911
Apple tree learning center ppp 091911Apple tree learning center ppp 091911
Apple tree learning center ppp 091911dlwebb
 
Dhana Raj Markandu: Evolution of the PI System in Tenaga's Power Generation F...
Dhana Raj Markandu: Evolution of the PI System in Tenaga's Power Generation F...Dhana Raj Markandu: Evolution of the PI System in Tenaga's Power Generation F...
Dhana Raj Markandu: Evolution of the PI System in Tenaga's Power Generation F...Dhana Raj Markandu
 

Destaque (6)

Wall Street Industry Forum - Yeshiva University
Wall Street Industry Forum - Yeshiva UniversityWall Street Industry Forum - Yeshiva University
Wall Street Industry Forum - Yeshiva University
 
Photo album isco
Photo album iscoPhoto album isco
Photo album isco
 
Apple tree learning center ppp 091911
Apple tree learning center ppp 091911Apple tree learning center ppp 091911
Apple tree learning center ppp 091911
 
Ήρωες φανταστικοί σε διαδρομή μαγευτική
Ήρωες φανταστικοί σε διαδρομή μαγευτικήΉρωες φανταστικοί σε διαδρομή μαγευτική
Ήρωες φανταστικοί σε διαδρομή μαγευτική
 
Photo album isco
Photo album iscoPhoto album isco
Photo album isco
 
Dhana Raj Markandu: Evolution of the PI System in Tenaga's Power Generation F...
Dhana Raj Markandu: Evolution of the PI System in Tenaga's Power Generation F...Dhana Raj Markandu: Evolution of the PI System in Tenaga's Power Generation F...
Dhana Raj Markandu: Evolution of the PI System in Tenaga's Power Generation F...
 

Semelhante a We tune final report

Online Radio Advertising
Online Radio AdvertisingOnline Radio Advertising
Online Radio AdvertisingEvi Katsoulieri
 
Audience research
Audience researchAudience research
Audience researchnessrina01
 
Five main tactics for the radio business to deploy and develop in 2018 by egt...
Five main tactics for the radio business to deploy and develop in 2018 by egt...Five main tactics for the radio business to deploy and develop in 2018 by egt...
Five main tactics for the radio business to deploy and develop in 2018 by egt...ACTUONDA
 
Enaza Music streaming service.
Enaza Music streaming service.Enaza Music streaming service.
Enaza Music streaming service.Enaza
 
Aim awards presentation 1.2
Aim awards presentation 1.2Aim awards presentation 1.2
Aim awards presentation 1.2Oisin Byrne
 
Digital Marketing Plan - Soundtap Radio
Digital Marketing Plan - Soundtap RadioDigital Marketing Plan - Soundtap Radio
Digital Marketing Plan - Soundtap RadioHandan Selcuk
 
Planning for Personally Relevant, Differentiated Health Experiences
Planning for Personally Relevant, Differentiated Health ExperiencesPlanning for Personally Relevant, Differentiated Health Experiences
Planning for Personally Relevant, Differentiated Health ExperiencesMerkle
 
A comprehensive project report On Impact of Media Communication on IDEA cellular
A comprehensive project report On Impact of Media Communication on IDEA cellularA comprehensive project report On Impact of Media Communication on IDEA cellular
A comprehensive project report On Impact of Media Communication on IDEA cellularGaurav Mehta
 
FHNKY_May 2018
FHNKY_May 2018FHNKY_May 2018
FHNKY_May 2018Todd Krise
 
AAM 103 Radio Research
AAM 103 Radio ResearchAAM 103 Radio Research
AAM 103 Radio Researchantoniettar
 
Get Loud: Leveraging Digital Audio to Amplify Your Reach by Triton Digital - ...
Get Loud: Leveraging Digital Audio to Amplify Your Reach by Triton Digital - ...Get Loud: Leveraging Digital Audio to Amplify Your Reach by Triton Digital - ...
Get Loud: Leveraging Digital Audio to Amplify Your Reach by Triton Digital - ...ArabNet ME
 
Media orientation Basics
Media orientation BasicsMedia orientation Basics
Media orientation Basicsslidejunkpc
 
Media consumption 2
Media consumption 2Media consumption 2
Media consumption 2Rbk Asr
 
Consumer satisfaction on television network service provider- A Step towards ...
Consumer satisfaction on television network service provider- A Step towards ...Consumer satisfaction on television network service provider- A Step towards ...
Consumer satisfaction on television network service provider- A Step towards ...DagarBaniya
 

Semelhante a We tune final report (20)

Online Radio Advertising
Online Radio AdvertisingOnline Radio Advertising
Online Radio Advertising
 
Audience research
Audience researchAudience research
Audience research
 
Five main tactics for the radio business to deploy and develop in 2018 by egt...
Five main tactics for the radio business to deploy and develop in 2018 by egt...Five main tactics for the radio business to deploy and develop in 2018 by egt...
Five main tactics for the radio business to deploy and develop in 2018 by egt...
 
Enaza Music streaming service.
Enaza Music streaming service.Enaza Music streaming service.
Enaza Music streaming service.
 
Aim awards presentation 1.2
Aim awards presentation 1.2Aim awards presentation 1.2
Aim awards presentation 1.2
 
Digital Marketing Plan - Soundtap Radio
Digital Marketing Plan - Soundtap RadioDigital Marketing Plan - Soundtap Radio
Digital Marketing Plan - Soundtap Radio
 
Mind Measure Planner
Mind Measure PlannerMind Measure Planner
Mind Measure Planner
 
Mind Measure Planner
Mind Measure PlannerMind Measure Planner
Mind Measure Planner
 
Media-Economics-Final-Presentation-Team-4
Media-Economics-Final-Presentation-Team-4Media-Economics-Final-Presentation-Team-4
Media-Economics-Final-Presentation-Team-4
 
Planning for Personally Relevant, Differentiated Health Experiences
Planning for Personally Relevant, Differentiated Health ExperiencesPlanning for Personally Relevant, Differentiated Health Experiences
Planning for Personally Relevant, Differentiated Health Experiences
 
A comprehensive project report On Impact of Media Communication on IDEA cellular
A comprehensive project report On Impact of Media Communication on IDEA cellularA comprehensive project report On Impact of Media Communication on IDEA cellular
A comprehensive project report On Impact of Media Communication on IDEA cellular
 
FHNKY_May 2018
FHNKY_May 2018FHNKY_May 2018
FHNKY_May 2018
 
AAM 103 Radio Research
AAM 103 Radio ResearchAAM 103 Radio Research
AAM 103 Radio Research
 
Get Loud: Leveraging Digital Audio to Amplify Your Reach by Triton Digital - ...
Get Loud: Leveraging Digital Audio to Amplify Your Reach by Triton Digital - ...Get Loud: Leveraging Digital Audio to Amplify Your Reach by Triton Digital - ...
Get Loud: Leveraging Digital Audio to Amplify Your Reach by Triton Digital - ...
 
Media orientation Basics
Media orientation BasicsMedia orientation Basics
Media orientation Basics
 
Media in market development
Media in market developmentMedia in market development
Media in market development
 
Media12062005
Media12062005Media12062005
Media12062005
 
Cross Media Measurement: A New Approach to Tracking
Cross Media Measurement: A New Approach to TrackingCross Media Measurement: A New Approach to Tracking
Cross Media Measurement: A New Approach to Tracking
 
Media consumption 2
Media consumption 2Media consumption 2
Media consumption 2
 
Consumer satisfaction on television network service provider- A Step towards ...
Consumer satisfaction on television network service provider- A Step towards ...Consumer satisfaction on television network service provider- A Step towards ...
Consumer satisfaction on television network service provider- A Step towards ...
 

We tune final report

  • 1. weTune Opportunity Analysis Project Because neither " video killed the radio star" , nor will the Internet.
  • 2. weTune For radio stations, who need to keep track of their audience taste and preferences, our feedback service is a listeners digital community that builds value on radio stations existing relation with their audience. Our community implements a closing loop in radio stations traditional broadcasting model, and helps them gather an accurate image of their audience using data-mining techniques. Unlike statistical analysis based on surveys and interviews, our service reflects audience taste more accurately, has better segmentation and returns faster answers. All of that at scalable and cheaper costs.
  • 3. Value Proposition for Radio Stations Gaining better knowledge about actual and target radio audience ● Research ● Segmented advertising
  • 4. Experiments with Radio Stations ● Interview with experienced Programme Directors and Researchers ● Surveys targeting international radio stations (waiting for results) CONFIRMED HYPOTHESIS ● Radio stations are interested in exploring new research methodologies based on technology to leverage on listeners interaction.
  • 5. Remarkable answers Radio Stations ● Research resources are critical for running our business. ● Feedback from listeners changes decisions on the radio business. ● Research average yearly expense: EUR 0.50 per listener. ● Total expenditure: EUR 500k to 1M in Research yearly (station audience between 1M and 2M listeners per week) ● Interaction with listeners is considered very important by stations. ● Stations perform weekly music tests by telephone. ● 60% of audience use online streaming. ● Explored online alternative satisfactorily, expected 50% cost reduction. ● Real time TSL (Time Spent Listening) updates would change how we run our business! ● Segmented targeting would increase revenues from advertising. ● Radio is not using current technology for segmentation of advertising.
  • 6. Value Proposition for Listeners Convenient feedback for interacting with radio stations and with other listeners ● Participating by closing broadcast loop ● Influencing on-air content ● Having a community feeling ● Internet technology enables new channels
  • 7. Experiments with Listeners ● Surveys targeting international radio audience (50 results) CONFIRMED HYPOTHESIS: ● Listeners would like to influence stations by interactive means. ● More than 50% use internet technology for listening to radio. SO-SO HYPOTHESIS: ● Listeners community feeling
  • 8. Remarkable answers Listeners ● Large group listening radio while driving. ● Listeners value music and public service information most. ● 60% visited station website and listened through online streaming. ● 60% used their smartphone for listening to radio content. ● All online listeners multitask while listening to radio (email, news, browsing internet, social networks...). ● 50% do not show interest on interacting with other listeners.
  • 9. Remarkable answers Listeners ● 35% actively participate on radio (contests, requests...) ● 50% showed interest in participating if it would be easier. ● 70% showed interest in sharing audio content with other people. ● 80% showed interest in rating music, provided it influenced stations playlist selection.
  • 10. Value Proposition for Brands Segment audience for targeted advertising
  • 11. Experiments with Brands ● Interviews to stations and specific section on survey for advertisers. ● Pending interviews directly to advertisers. CONFIRMED HYPOTHESIS: ● Radio stations would increase advertising revenues if targeting segments of audience PENDING FOR TESTING: ● Brands would like feedback on radio ads.
  • 12. Remarkable answers Brands ● Advertisers choose radio as advertising method because of its higher customer penetration, loyalty and flexibility. ● Main advertisers complaint: Lack of return/feedback on advertising. ● Segmented targeting would benefit radio revenues. ● Radio is not using current technology for advertising segmentation.
  • 13. Conclusions ● Enough evidence to pursue idea and search for a viable business model. ● Will go through further iterations on opportunity analysis in search of minimum viable product.