Upload
mikemichelini
View
637
Download
0
Tags:
Embed Size (px)
DESCRIPTION
Final pitch deck for Weibo Agent startup project at Lean Startup Machine weekend in shanghai, China
Citation preview
Shanghai, China July 1st, 2012
Pitch OverviewProblem:Problem: Foreign SMEs don’t know how effective their social media marketing is
Project Name: Weibo Agentg
Pitch: Boost your local business by measuring the effectiveness of your
Chinese social media campaign
ProcessExperiments 1 2 3 4
Processp 3 4
Customer ForeignSMEs
Foreign SMEs that value
S i l M di
Foreign SMEs that value
S i l M di
Foreign SMEs that value
Social MediaSMEs Social Media Social Media Social Media
Riskiest Assumption SMEs see value inSocial Media
These SMEs arewilling to outsource
SME Managers wants to be
Personally involved
Need a tool to effectiveness of Social Media p Social Media g
Social Media Personally involved in Social Media
Social Media Marketing
Results 2/5 1/5 1/5 5/5Results INVALID INVALID INVALID VALID
LearnedForeign SMEs that
value Social Media Would
These SMEs want a in‐house tool and want to understand
Need measurement tool instead of
Need richer features on promotion Social Media Would
like assistancewant to understand how effective it is promotion
pstatus
Decision PIVOT PIVOT PIVOT PERSEVERE
Money Shot Interviewed 6 foreign small business owners Interviewed 6 foreign small business owners Every single one was seriously interested in trying this out 5/6 were willing to pay from 50 to 1000 RMB for this 5/6 were willing to pay from 50 to 1000 RMB for this service, most from 50 to 100
Next StepsRiskiest assumption:Riskiest assumption: Market size is big enough to support a small business
Big vision: Helping foreign businesses build a social media presence Helping foreign businesses build a social media presence and grow their business with local clients in China
Team: Jacob Mike Nicola Xiaowen Yi Jacob, Mike, Nicola, Xiaowen, Yi