Greatiful fin2
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Transcript of Greatiful fin2
NEWS CONTENT DISTRIBUTION SYSTEMS
The brief description of project for the investors and the partners
Introduction. The market.
Traditional media publishers continue to face a difficult financial outlook due to
dwindling readership and advertising revenues. At the same time, new technologies
and social media are having a major impact on consumer behavior. Increasingly,
users expect to be able to access content anytime, anywhere, on devices of their
choosing. As with other types of digital content such as music and games, members
of Gen Y (ages 18-34) exhibit an early-adopter profile when it comes to the number of
advanced consumer electronics they use for reading publications. While tablets,
smartphones, and eReaders open new distribution channels, publishers face
challenges in maintaining and monetizing customer relationships that have been
fragmented by countless platforms, devices, and services.
MANY PEOPLE SHOW WILLINGNESS TO PAY FOR DIGITAL MAGAZINE AND
NEWSPAPER CONTENT, BUT MOST HAVE NOT YET STARTED DOING SO.
Years of ad-supported free websites and discounted subscriptions have accustomed
consumers to pay little or nothing for digital content. In a competitive media
landscape, publishers need to innovate like never before to reach prospects and
supplement advertising revenue with user payments. With few bona fide successes
to look to for guidance, publishers must explore a variety of monetization strategies
to find combinations that resonate with target audiences. Magazines and newspapers
that gain a deep understanding of target audiences through qualitative and
quantitative research will stand a better chance than most of crafting differentiated
content, solutions, and services that consumers value with both their time and their
money.
[ ]
While nearly half of US adults now read at least
some digital magazine and newspaper content,
print remains the dominant format. Almost 8 in
10 US adults have read print newspapers or
magazines in the past month. Of those who read
print publications, 33% spend 3 hours or more
per week doing so. Unsurprisingly, older adults (55+) tend to be the heaviest consumers.
DURING AN AVERAGE WEEK, HOW MUCH TIME DO YOU SPEND READING THE FOLLOWING,%:
13
20
35
27
5 6 11
26 27 30
4 5 10
17
64
Print magazines
or newspapers
Magazines or newspapers online (e.g., using your computer
or mobile web browser)
Magazines or newspapers via a dedicated application
(e.g., Wired magazine iPad app)
Over 5 hours
3-5 hours
1-2 hours
Less than 1 hour
None
DIGITAL FORMATS HAVE YET TO BE
CONSUMED AS MUCH AS PRINT
MAGAZINE AND NEWSPAPER
APPLICATION ARE ON THE RISE
of adults have read publications
online in the past month.
of readers use them regularly
(at least one hour per week).
YOUNGER CONSUMERS (AGES 18-34), PARTICULARLY MEN, ARE
SIGNIFICANTLY MORE LIKELY THAN AVERAGE TO READ DIGITAL CONTENT
ONLINE AND THROUGH DEDICATED MOBILE AND PC APPS.
In a competitive media landscape, newspapers and magazines clearly are facing an uphill battle to maintain and monetize customer relationships. Years of ad-supported free websites and discounted subscriptions have accustomed consu-mers to pay little or nothing for digital content.
[ ]
Which of the following devices do you regularly
use to read newspapers and magazines (online or via dedicated application)?
Laptop or
desktop computer Smartphone
(e.g. iPhone, BlackBerry,
Android)
iPad or
other tablet computer
eReader (e.g. Amazon Kindle,
Barnes&Noble Nook, etc.)
None of the above
57%
49%
13%
11%
6%
6%
6%
6%
37% 45%
47%
19%
The phenomenal popularity of smartphones, iPads, and eReaders has led to a rapid
rise in media applications and, subsequently, to an increase in reading across multiple
devices. As with other types of digital content such as music and games, members of
Gen Y (ages 18-34) exhibit an early-adopter profile when it comes to the number of
advanced consumer electronics they use for reading publications. They are more than
twice as likely as the general population to consume newspaper and magazine content
on smartphones, tablets, and eReaders.
With Apple and Google both announcing subscription payment
services, there has been a renewed interest in monetizing
digital content using a subscription model. Providing a layer of
free access can eventually entice readers into subscribing to
paid services. The key is to accommodate different audience
segments with quality content they get any kind of
advertisement free. This monetization model is the basis for
the Greatiful.com
For the last decade, publishers have intensely debated whether or not consumers will pay directly for newspaper and magazine content. While most consumers have yet to make a purchase, many show willingness to pay for access of some type – whether by the article, through all access plans, or for ancillary services. With few bona fide succes-ses to look to for guidance, publi-shers must explore a variety of monetization strategies to find those that resonate best with target audiences and then refine them iteratively. Using monetization strategies in tandem can offer custo-mers more choice. The most demanded monetization model is the “Free mium/tiered subscriptions” project.
To reach these early technology adopters (and their even more connected younger siblings)
publishers must go beyond simply offering multi-platform access to fully exploit the capa-
bilities of small screen devices and bring new experiences to readers.
PLEASE INDICATE WHETHER THE FOLLOWING FEATURES WOULD OR
WOULD NOT BE LIKELY TO ENCOURAGE YOU
TO BUY ONLINE OR DIGITAL NEWSPAPERS OR MAGAZINES?
38 35 12
3 11
31 36 18
3 13
28 36 18
2 16
26 35 19
3 16
23 38 21
2 15
26 33 23
2 16
16 35 27
3 21
17 31 28 4 20
20 26 24
3 27
15 27 28 5 25
Lower price than the print version Free trial or promotional offer (e.g., 20% off regular price)
Ability to clip and organize interesting content for later use(e.g., recipes)
Access to back issues included in the price Personalized content based on my location, interests etc. Ability to share your issue or subscription with a friend or family member Recommendation from friends, colleagues etc. Editorial content not available elsewhere Ability to read on multiple devices (e.g., laptop, smartphone, iPad etc.) Interactive experience with video interviews, community, Q&A etc.
Very likely Somewhat likely Not very likely Not at all likely Unsure
About Greatiful.
Greatiful project is an open system for news distribution, subscription and conve-nient delivery. Greatiful service offers quick news delivery from a publisher (news media, a blogger, etc.) and news distribution among the subscriber of the news channel.
QUICK ACCESS ABSENCE OF ADS
Quick access to news content is not limited to a
single source. News can be viewed using a web
interface of Greatiful Reader or any of mobile
devices including Android, iPhone/iPad, Blackberry,
Windows Phone 7, and many others.
One of the unexceptionable advantages of Greatiful
is the absence of ads in news text or near it.
Greatiful users receive only the content they are
interested in.
Greatiful is a tool for content monetization targeted at publishers.
The commission of the system makes only 30 percent from total payment volume. Greatiful is open for collaboration both to individuals and companies. Payment funds may be credited from the publisher’s account to the PayPal or MoneyBookers accounts, or to the bank account in any country of the world.
Greatiful delivers comprehensive statistics for your channel on traffic, subscriptions and financial results. To start raising money on the content right now, the publisher should just register with the Greatiful service as a Publisher and confirm the RSS channel.
Other issues including arrangement of payment reception, subscrip-
tion, donate payments, obtaining and delivery of the content to dif-
ferent devices are entirely handled by Greatiful.
Greatiful offers publishers and bloggers an automated system for paid or donated content distribution. Greatiful service is a tool set for monetizing existing news content in three different ways.
A CONTENT OWNER CAN SET THE PRICE FOR EVERY
CONTENT UNIT
THE MONTHLY SUBSCRIPTION RATE FOR THE CHANNEL
If a publisher choose to adhere to free distribution scheme, THE CONTENT
SET THE DONATE RATES FOR CERTAIN ENTRIES AND THREE RECOMMENDED
DONATE RATES FOR THE CHANNEL ITSELF
Content distributions system.
Single point of access to the whole variety of content.
Greatiful is a single source of latest news on the Internet. With Greatiful, the subscriber will be able
to get news from every corner of the world and from every source possible to follow it conveniently
with a single tool. News reading has never been this easy as it has become with Greatiful!
Collecting information from news sites and blogs automatically, Greatiful then
stores it in its data base. At Greatiful web site, any person can subscribe to the
news groups he needs by specifying categories and languages actual for him.
Here he will find a list of news channels presented in the channel catalogue.
The subscriber can follow the news with the
help of a convenient Greatiful Reader or to
subscribe to usual RSS feeds or he can find a
handy app for news reading presented in the
Greatiful applications catalogue of applications
for convinient reading of news offers options
for anyone’s liking! And new apps continue to
appear.
Business model.
Content owners Developers Greatiful
have
of content price or donations
have
of Greatiful profit
Have from
of price value
70%
50%
*Only in App Store. Apple takes a 30% of turnover.
0* to 30%
Secret of success.
SUPPORT HIGH COMMON RSS TECHNOLOGY
SIMPLE AND CLEAR IDEA
POWERFUL
API AND FRIENDLY TO DEVELOPERS
DESIGN
SEO
Marketing strategy.
Google Adwords
SMM
Blog reviews
National PPC systems and
social networks
Banners in thematic
places
Offline PR Online PR Special events and
conferences
FIRST STAGE
SECOND (LONG) STAGE
+
Sales strategy.
DEVELOPMENT
APPLICATION
iOs
Android
Blackberry
WP7
>$10 000% Chinese
Japanese
French
German
Arabic
Portuguese
Korean
Italian
Russian
TRANSLATION
subscribers registrations
MONTHLY
TURNOVER
more than
10 000
channels
more than
5 000
> month
Yes
No, you must
No, you must
No
Yes
10%
>20
>500
> 2 week
None, only iOS
No, you must
No, you must
No
No
30%
>150
>1000
5 minutes
Yes
Yes
Yes
Yes
Yes
30%
>300
>1 000 000
Apple
subscription
Cashes In Greatiful
TIME TO SETUP
APPLICATION FOR ALL OS
NO NEED TO DEVELOPING APPLICATION?
NO NEED TO PROMOTE?
SUPPORT STANDART BLOGS?
SUPPORT SITES?
COMMISSION
RANGE
POTENTIAL, NUMBER OF NEWS CHANNELS
WE’VE ALREADY SPENT
The Greatigul system is based on the web framework Django and is written in python. It uses
postgreeSQL, mongoDB databases and Its server Nginx is based in the USA.
FOR NOW
WE SPEND ABOUT
3 400$ on the web design
34 000$ on the program
development
8 400$ on the support
5 000$ on marketing
2 400$ on the mobile
application
Co-founders.
ALEXEY KREKHALEV
CEO
KONSTANTIN TIMOKHIN
CTO Education: Novgorod State University, engineer programmer More than 12 years in internet and development sphere. Last 5 years he is Owner and CEO of HiddenMarketing (first social media marketing agency in Russia).
Education: Novgorod State University, engineer programmer More than 12 years in internet and development sphere. Now he working in VideoInterneshnl on Technical coordinator position. http://ezhe.ru/fri/178/
http://facebook.com/nichego/ http://linkedin.com/in/nichego/
http://ktimokhin.moikrug.ru/ http://linkedin.com/in/ktimokhin http://twitter.com/theifish
THANK YOU!
Mail: [email protected]
Skype: foteevanton
Tel: +79166186992
http://greatiful.com/
http://www.facebook.com/greatiful
http://www.linkedin.com/pub/anton-foteev/40/725/976