research strategy presentation for rightnowtv
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TRANSCRIPT
“The last few decades have belonged to the computer programmers who could crank code, lawyers who could craft contracts, MBAs who could crunch numbers.
But the keys to the kingdom are changing hands. The future belongs to creators, designers, storytellers, caregivers, big picture thinkers – will now reap society’s richest rewards and share its greatest joys.- Daniel Pink, A Whole New Mind
How do we provide creators(filmmakers, producers, actors) with the tools and infrastructure to create, make money, and be free?
Bienvenidos a laRevolución
Welcome to
Right Now TV
Provides a platform for influential content creators in areas such as fashion, comedy and wellness to reach a relevant audience.
YouTube
๏ Created in February 2005 ๏ Serves up to 100 millions videos per day๏ Ranked #4 in Web Traffic Worldwide๏ Sold to Google for 1.65 billion in November
2006
Story of a Trend
Mainstream
Influencers Adopt
Inception of Trend
Right Now is Trendsetting...
ArtActivismBusinessCarsComedyContestsCultureEditors PicksEducationFilmFashionFoodFamily
LeisureLifestyleMusicNewsTechnologySportsSpiritualityTelevisionTravelUrbanWellness
Audience
I want to find meaning to my life RightNow.
I need a good laugh RightNow.
I want to know what to wear RightNow.
Spirituality
Comedy
Fashion
Creators Right Now
Content Creator Todd Harper is a 27 year old writer for Esquire
๏ Todd Harper is a 27 year old writer for Esquire๏ Graduate of the Parsons school of Design in New
York๏ Wants to expand his audience and monetize his
point of view
Audience
Creators Right Now
Content Creator Karen Strober is a 35 year old mother
๏ Spent the past 12 years running a yoga studio๏ Wants to share her signature style of yoga with
the world๏ Hopes to market her line of Yoga products
Audience
MEN’S COUTURE / FASHION AND FINDINGS
Right Now Users
mind, body & spirit.
Mechanics of RNTV
seminars - online seminars available
tools - instructional interface within the site showing you how to broadcast your video
broadcast - upload your shows and channels
money - monitization through selling products via
YOUR channel
money
tools
broadcast$
seminar
Facebook๏ Launched on February 4th, 2004 ๏ 34 million active users๏ Ranked 8th in Web Traffic worldwide
๏ Facebook applications launched on May 24th, 2007
๏ After 4 months, Facebook had more than 4,500 applications
๏ iLike gained 3 million users only 2 weeks after launching its Facebook application
fashion entertainment wellness
Couturism Cross Cultures NYC Style Celeb 24/7 Comedy Clique The IT Girl Mind & Spirit EssenceMeditation 8
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TechnologyArt Travel FoodComedy
Music Film Urban News Leisure Family Culture
How Do We Market Right Now?
How do we market Right Now
Don’t I know you from the Internet?
๏ Andy Samberg went from Online video shorts to starring on SNL and Feature Films
๏ November 2005 launched first episode๏ Over 300,000 viewers for each new episode๏ Pricing their five-minute episodes at a CPM of $50
๏ Rocketboom launched October 26th, 2004๏ 70,000 viewers in Rocketboom's first ten months ๏ 100,000 blog viewers at the end of 2005๏ 300,000 by the spring of 2006.
After leaving Rocketboom, Amanda Congdon went on to work at ABC News, and is currently developing a show for HBO.
Business Model
Aggregate Content Creators
๏ Tools๏ Users๏ $$
Aggregate Users
๏ Comments๏ Community
Monetization
๏ Advertising๏ Retail๏ etc
$“i likesports” “i want
laughs”“trendsnow!”
Media Consumption & Revenue
Web 2.0 Investment
17.9 44.6 62.1
165.1
413.6
91.0
2002 2003 2004 2005 20062007*
Investors directed at least $464.2 million into 101 Web 2.0 deals worldwide in the first half of the 2007.
Web 2.0 InvestmentAfter five years of dramatic growth, venture capital investment in Web 2.0 companies has dropped markedly in SiliconValley, leveled off in the United States, and expanded in Europe and Israel.
Bay AreaEquity investment in venture-backed Web 2.0 companies in the Bay Area, from 2002 through the first half of 2007:
* first two quarters
in m
illio
ns
38% of media consumption is online
38% of media consumption is television
BUT
$285
billion was spent on advertising in the U.S. in 2006
$16.9 billion or 5.9% is spent on internet adverts
$72.4 billion or 25.4% is spent on television adverts
Global Market
Full-Year Revenues
Hybrid5%
Performance48%
CPM47%
% of 2006 Full-Year Revenues
Total -- $16.9 Billion
Thank You