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More data on this topic available from:: How to Get More Site Traffic to Convert to Free Trial Subscriptions with Credit Card Ariel Yarnitsky CEO Speedbit, Inc. Tuesday, May 8, 2007
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More data on this topic available from:: 2 Speedbit Video Accelerator for 1 Million users in 49 days Pure Organic Growth © 2007 MarketingSherpa, Inc. This presentation is not for distribution. Thank you. The fastest growing Application in the history of the web
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More data on this topic available from:: 3 Fastest Growing Viral Applications Months from First Users Users Speedbit Video Accelerator Data and graph (excluding the Video Accelerator data) taken from Tim Draper’s presentation on viral distribution
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More data on this topic available from:: 4
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More data on this topic available from:: 5 Solving picture freezes and hiccups of streaming video
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More data on this topic available from:: 6 …and cutting down the download time of movies: Taking down the download time of a movie on iTunes From 3.5 hours (210 min.) To 22 mins On a 5Mb connection, using Video Accelerator v.2 (beta) Our experimentations showed 4 to 10 times faster download times
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More data on this topic available from:: 7 Free Acceleration for free video sites e.g. YouTube, DailyMotion, Break etc. Premium acceleration for premium video services e.g. iTunes, UnBox, WalMart Video etc. © 2007 MarketingSherpa, Inc. This presentation is not for distribution. Thank you. The Business Model
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More data on this topic available from:: 8 How much should the premium service cost? Subscription – Monthly or Annual? Offer trial? For how long? Who is our best audience? Upgraders (users of the free Video Accelerator upgrading to the premium version) Direct Premium Purchasers Our Objectives
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More data on this topic available from:: 9 Learn Overlay for enhanced analytics Optimize A/B & multivariate Automate Behavioral Targeting © 2007 MarketingSherpa, Inc. This presentation is not for distribution. Thank you. Methodology
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More data on this topic available from:: 1010 Monthly subscription testing: Control group - $4.90/month Test I - $2.90/month Test II - $5.90/month Test III - 14 day free trial to convert at $4.90/month Yearly subscription testing: Control group - $49.90/year Test I - $29.90/year Test II - $59.90/year Two target customer bases: Upgraders (users of the free Speedbit Video Accelerator) Direct Premium purchasers © 2007 MarketingSherpa, Inc. This presentation is not for distribution. Thank you. Methodology
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More data on this topic available from:: 1 Main focus is achieving optimal economic pricing model, ultimately delivering the right price to the right customer Coherent & consistent pricing along the banner, landing page and form (checkout ) Implement Amadesa oneTag on: Upgrade promotion page Commerce pages Completion pages Random delivery of prices to consumers via even split traffic test Gather data for behavioral targeting & profiling users Testing Focus & Process
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More data on this topic available from:: 1212 Control Price © 2007 MarketingSherpa, Inc. This presentation is not for distribution. Thank you.
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More data on this topic available from:: 1313 © 2007 MarketingSherpa, Inc. This presentation is not for distribution. Thank you. Free Trial Offer
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More data on this topic available from:: 1414 © 2007 MarketingSherpa, Inc. This presentation is not for distribution. Thank you. Price Test - Higher
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More data on this topic available from:: 1515 Price Test - Lower © 2007 MarketingSherpa, Inc. This presentation is not for distribution. Thank you.
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More data on this topic available from:: 1616 Close RateRevenue Lift Control ($4.90/mo)100 (index) 14 Day Free Trial Conversion 163130 $2.90 per month11367 $5.90 per month100120 © 2007 MarketingSherpa, Inc. This presentation is not for distribution. Thank you. Monthly Subscription $2.90 results show poor value proposition in consumer’s eyes $5.90 closes same as control; free trial should switch to $5.90/month pricing model Free trial shows highest close rate and highest revenue lift Listed below are monthly results; yearly data proved negative response and thus the project switched to highlight & focus on monthly pricing models Results & Conclusions
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More data on this topic available from:: 1717 Extend free trial tests to 21 & 30 day conversion Enhanced testing for different landing pages Focus on billing pages to improve close rates Activate & leverage behavioral targeting module © 2007 MarketingSherpa, Inc. This presentation is not for distribution. Thank you. Next Steps
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More data on this topic available from:: 1818 © 2007 MarketingSherpa, Inc. This presentation is not for distribution. Thank you. Ariel Yarnitsky Speedbit, Inc. ariel@speedbit.com Thank You
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