Amino Ekspertblog

Startupbootcamp's ten teams will take turns blogging about their experience, challenges and lessons learned.

Overnight successes take a long time in coming!

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28. august 2010 | 1.669 Visninger| 9 kommentarer
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Amino Ekspertblog

Startupbootcamp

Startupbootcamp's ten teams will take turns blogging about their experience, challenges and lessons learned.

James Hobbis - GruviWe continue our rotating Startupbootcamp blog series - our ten teams take turn sharing their thoughts and experiences.  This entry is by James Hobbis co-founder of Gruvi.tv.

Overnight Success

Overnight successes takes a long time in coming, and here at Gruvi we are not counting on it happening tomorrow. What is Gruvi? Well it’s a community wrapped around an application on Facebook. The app encourages people out of their home and into the movies with their friends.


Based on the movies that they like already Gruvi will recommend others. My co-founder, Ben Johnson, knows a thing or three about the film industry, having spent the last two years selling online marketing services to the film industry. In the course of doing that he realised that the industry valued social media but had not figured out how to use it effectively. We feel that we have some good ideas for improvements. Step one build a Facebook application. Step two, go viral...



We know one thing and we are betting on a second. We know that it is an uphill struggle to create a paradigm shift in user behaviour. Today at Startupbootcamp we met two of the founders of Lovefilm.dk, Ari Wegter and Josh Mortensen. Lovefilm, as I'm sure you are aware, posts DVDs to your door and charges no overdue fees. It’s easy - select, receive, watch and return. But it took a lot of creativity and a lot of marketing muscle to instill this new habit and win over DVD watchers.

Contrast that with YouTube - watch a movie, have another suggested to you, watch a movie, have another suggested to you... Before you know you've lost an hour. What YouTube does so well is to keep on capturing your attention by constantly recommending your next video fix. No paradigm shift just taping into a habit.

At Gruvi we've established that there is an equally insatiable appetite for movie trailers. The more trailers that you present to users, the more they want to watch. That is great, but it doesn't necessarily get bums on movie theatre seats. There is quite a journey from liking a trailer to organising a night out and buying the tickets.

So here is our bet...

We bet that when the trailer finishes, sometimes that is the moment when you actually would like to be able reach out to your friends and set up a night in the cinema. So we want to make this as painless as possible. Once your friends receive an invitation to a movie through Gruvi, we'll focus on delivering such a fantastic service that they will want to use it to set up their next trip to the movies too. We just need to make sure that the user is delighted by their first experience.

We will launch the first little bit of Gruvi on Friday night, please come and try it and let us know “What do you think should happen next?”

- James Hobbis
p.s. follow Gruvi on Facebook.

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Kommentarer

TrackBack | 28. august 2010
Martin Thorborg | 28. august 2010

Hi James

Super interesting post and company.

How are you going to moneytize your service?

Cheers

Martin

James Hobbis | 29. august 2010

Hi Martin, thanks for taking the time to read our post. And then coming straight to the money question!

Of course Gruvi is primarily a community for people who go to the movies. Later we will extend that to other social events - concerts for example.

We have looked for monetization mechanisms which enhance the user experience, rather than interrupt it. To that end we are speaking to film distributors, movie theatre owners, online DVD services and video streaming services. When I say speaking, I mean that they are answering back too, so we don't feel that the monetization which will be the biggest issue - but rather reaching a critical mass of users that allows us Gruvi to be a useful source of customers.

James

James Hobbis | 29. august 2010

Martin - I would like to ask how you established an acceptable level of advertising for the Amino community?

James

Marcel Fuursted | 29. august 2010

James - thanks for an interesting blog post :) I love it, when posts are about something more complex than SEO, finance, etc (not that they are not important - this is just better for me) :)

Keep it coming ;)

Martin Thorborg | 29. august 2010

Hi James

As you mention, critical mass is very important!

Before we got that, we used Googlse Adsense, which give a small amount of cash, without to much effort.

When we reached critical mass, I got at SEO in place, with a strong network and knowledge in the advertising business.

The thing that works beste for us are the partnerships, where we generate leads to companies. You probably saw that when you created your user on Amino.

The other thing we do, is working with premium products. We have Amino Plus and different kinds of products on Amino Virksomhedsbørs and Amino Lokalebørs. Premium services account for app. 25 % of our revenue and I exptect that percentage to increase over the years.

Today Amino is cashflow positive, with 6 peoples salary and I expect to make a small profit in 2011.

Cheers

Martin

Ben | 31. august 2010

Hey Martin,

Thats interesting, have you had any experience advertising on facebook and if so what did you find key in getting the conversions going.

Cheers ben

Martin Thorborg | 31. august 2010

Hi Ben

Not really, but we are working with it right now, but it is to early to tell if it works for us.

But keep an eye on Simon Mørchs blog:

http://www.amino.dk/blogs/simon_moerch/archive/2010/07/26/hemmeligheden-bag-facebook-annoncering.aspx

He has nailed it!

Cheers

Martin

James Hobbis | 7. september 2010

Simon Mørchs blog post is blog was a pot of gold - even once translatied into English, Thanks.

We've started to test our application, you can find it here: http://apps.facebook.com/gruviapp/

It works best in Firefox or on Apple, I'd appreciate your feedback. So far 2/3 of people are asking for local movie times. Come and cast your vote!

http://apps.facebook.com/gruviapp/

Thanks,

James

 

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