linked in power point final
TRANSCRIPT
The Future of
Team #4
Jay Ford Karl Schwartz Kiran Jasti Arjun Shankar
V ision
To be the leading site for online business networking, and to
provide productivity tools used by professionals
The Problem
Potential Erosion of Customer Usage by Competing Networking Services
Decision
Professional Network Services
Vs
Social Network Services
Recommendations
• Protect our Niche
• Grow Capabilities & Functionalities
• Maintain a Walled Garden Philosophy
Results• Revenue Growth by June 2010
$310 Million$310 Million
The Problem
Potential Erosion of Customer Base by Competing Services
Industry Trends• Facebook has plug-ins from Career Builder and
Jobster• Facebook has corporate pages• Google is exploring open platform services
LinkedIn’s Goals• To continue to meet customers’ demands
while staying true to the vision
• To increase LinkedIn’s membership and usage while pre-empting efforts by services targeting the professional market
A lternative Choices
• Move into Social Networking Services?– Erodes our brand identity– Deviates from our core competency– Uses significant resources for little value
added
A lternative Choices
• Move toward an Open Platform Architecture?– Dan Nye about open platform:
“It isn’t going to happen anytime soon. So much will play out before now and [then]…”
Customer• Professionals• Job Seekers• Recruiters• College Graduates• Businessmen
Needs• Networking• Job Search• References• Company Research• Business News
S .W.O.T
Strengths• Unique Identity• Strong Brand Image• Professional Membership
Weaknesses• Only 23 Millions Users• Low Language Compatibility
Opportunities• Overseas Markets• Mobile Markets• Language Capacities
Threats• Other PNS Providers• Other SNS Providers
Competitive A nalysis
Social
Professional
Open Closed
A dditional Product Features
• Webinar / Conference calls• Instant Messenger with contacts• Online career fair• Cover letter / Resume clinic
A dditional Product Features
• Transcript / Certification upload• Mock Interviews• University resources (research
topics, publications)• Online tutoring / mentoring
User Growth
As Is Projected
Revenues
As IsProjected
The Future of
Q & A
Appendix
Currently UsersRevenue Earned
Per User Total Revenue2006 7000000 * $1.43 $10,000,000.002008 23000000 * $4.35 $100,050,000.00
Projected2009 37400000 * $4.35 $162,690,000.002010 51800000 * $4.35 $225,330,000.00
Value Added2009 43000000 * $5.00 $215,000,000.002010 62100000 * $5.00 $310,500,000.00
AppendixUser Growth
Currently % Growth Users2006 70000002008 229% 23000000
Projected2009 63% 374000002010 39% 51800000
Value Added Additional2009 87% 43000000 15%2010 44% 62100000 20%