e-book recommendation
TRANSCRIPT
20111
20112
Get unique and instant snapshot of your personality transformed into book library.
E-contenta performs Facebook data analyses, identifies your preferences and recommends books to read.
20113
E-contenta is a predictable analytics platform focused on using social media data to provide more targeted purchase recommendations to users and more effective marketing strategies for e-commerce companies
“Special sauce”, personalized recommendation system based on social media and online user behavior, allowing for higher success rate in selling e-books, movies, audiobooks and music.
First release of E-Contenta will be based on integration of Facebook-sourced data with Amazon’s product offerings. Both systems have open API. Recommendation algorithms will based on social media behavior, while Amazon will serve as a book catalogue.
Expecting revenue of $8.8 million and EBITDA of $1.8 million in the 1st year after the product launch
Our mission is to be the best proactive recommendation system and achieve revenue of $20-$50 million in 3-5 years
Executive summary
20114
Around 80% of readers prefer
digital book to paper because it’s easier
to find and read while travelling
US e-book market is the biggest in the world: $2,79
billion
70% buy e-books on Amazon
The share of e-book market in US is growing from 0,6% in
2008 to 10% in 2012 (in some genres up to 25%)
38% prefer tablets as a key device for e-reading (+25%
growth compared to 2011)
60% of tablets users can be found in the
airports
FB is the leader: 1 billion active users
(2012)
All adult internet users who use social networking sites increased from 8% in
2005 to 65% in 2011 (WW)
Trends that initiated the E-contenta business idea
20115
E-Contenta BooksUS market English Focus on travelling Recommendations: Facebook analysisAmazon/OverDrive/B&N, etc. Web and mobile, app
20116
How it looks like? E-Contenta 1st release
20117
Where are we moving? 2nd release concept
Tag words
concept!
20118
Value Proposition
20119
E-Contenta recommendation modules
201110
Architecture
201111
1. Check-in at the airport2. Get a Facebook or other ad 3. Apply for E-contenta app 4. Get personalized recommendations 5. Refer friends and get points that can be exchanged
for discounts on purchases
How to get first users?
201112
Promo and outdoor ads in the airports
Joint campaigns with airport internet providers, airport restaurants and cafes and airline companies
Joint campaigns with publishing houses
Joint campaigns with tablet producers
Offline
OnlineMarketing
201113
Allows e-tailers to have more targeted
approach to their potential consumers
Facilitates targeted selling of e-books,
audiobooks, movies, music or media
items/subscriptions to customers
B2C
B2B
Business models
201114
Hypothesis
• People will look for something interesting to read, watch or listen while travelling
• They are interested in getting personalized recommendations
• They will start using E-Contenta
• The most satisfied users will recommend the app to friends
Metrics
• App views/app users = 70%
• Paying users/users = 15%
• % of those who share information in FB friends community – 35%
• Repeated purchase – 40% from DB every 2nd month
201115
Competitors
201116
Competitors do not have social network strategy and prefer to work within their stand-alone portals
Amazon-60-70%, BN-20%, iBooks-10%, others (Books-A-Million, Kobo, Sony and others)
Classic recommendation system is based mostly on previous reading, viewing and ratings
The only feature based on info taken from social media is displaying what your Facebook friends are reading, [watching, listening]
There is specific niche that could be carved – be proactive, adapt to individual preferences and react to needs and wishes of every particular user
Competitor s
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Geo-expansion Integration with new social
networks New content types =
transmedia New knowledge map schemes
=more and more personalized recommendation approach
Strengths Growing market of e-books,
audiobooks, movie and music downloads
Micro payments Agent role = minimum of risks E-business = logistics
transparency Statistics = effective service
management
Dependence on large and powerful players in the digital world
Competitors Market immaturity
Ability to execute on the business plan
Adoption of the product Potential competition from e-
tailers if they decide to copy the strategy
Weaknesses
Opportunities
Risks
201118
www.e-contenta.com+79218629604Zoya Nikitina