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the social path for u2b2b

Presented by:
Elias Shams, Founder & Awesomizer
http://awesomize.me/eliasshams




                                           1
Problems… There are two!

No effective way of separating…




  Social Media has done a good job to
  keep us entertained and busy, but not
  been able to crack the code for B2B –
  VERY LOW ROI




                                            2
How did we all create the problem ?



Web was born
                            Everyone got        Search was born
                             on the Web




social media                                   Back to the
was born                  Everyone got on       mid 90’s
                          the social media
And, why the ROI for B2B using Social media has
                                          been low?



   The current
 channels haven’t
   been able to
  crack the code
     for B2B




  Simple! Not quite understanding the basic difference between
Lead Gen & advertising programs:

    Just because there are over 1 B people on these channels, it doesn’t mean
  they will pay attention to you once you setup your company pages there

    The Lead generation programs
         Very cost effective – about $1000 for a complex solution of about
       $100K
         Solely focused on promoting your business content, not the positioning
       nor messaging that is supposed to drive the demand
    Advertising programs
         Only put the business message in front of your audience
         Capturing a lead requires multiple steps
         The Ad programs by the existing social media sites include only messaging or positioning, but
       no focus on promoting the business content
Solution:              Our Social b2b2c Integrated Platform




                                                                                         The future of B2B businesses
                                                                                           will not depend on any one
                                                                                         individual platform, but rather
                                                                                            the ability to connect and
                                                                                           service specific audiences,
                                                                                              via ways that are most
                                                                                                convenient to them




awesomize.me goes far behind a Personal and company pages
  • Product pages, Service pages, Blog pages, Lead pages, and Q&A pages
Connecting buyers & suppliers based on their expertise and awesomeness!
Leveraging the power of rating by the community
  • Consumer get rated both on their social and professional level as well as their potential contribution to the region.
  • Enterprise get rated on their awesomeness, Q&A, product/service recommendation and their customer support


                                                                                                                            5
Synopsis

•Great working product for both consumer & Enterprise
•Hot Market opportunity
  Founder & Awesomizer – Elias Shams                                                     (1999-2003)

     - 15 years leading innovation and growth in Telecom, Social Media, & B2B.
     - Founder/CTO of vc-backed telezoo.com – First social media/B2B site on the web
     for telecom space that was actually making money!




                                 $250k annual revenue
  $300k annual revenue
                                                                                        Telezoo voted
     - Employee #7 at MD based startup, Yurie Systems that acquired by Lucent for      top 5 telecom
     $1.1 billion in 1998                                                              sites – Globally
                                                                                       for 2 consecutive
                                                                                       years



                                          NOT COMPETING
Objective - For Both Consumers & Enterprise:


  To distinguish their quality vs quantity fans, friends,
and followers



• To manage their brands leveraging the power of the
rating by the community


• To jack up the social media ROI for businesses




                                                            6
Company

Delaware-registered - Washington DC HQ

Space: The Social B2B2C
                                    Companies already member   Product & Service Pages

Launched in Jan 2012
  • 1000 companies
  • 600 product & service pages


Team - 2

Interns - 2

Funding: Bootstrapping

Capital One Bank




                                                                                         8
The platform for both the consumer & enterprise

To have a page that aggregates all their social media
channels into one page
To rate their trusted peers, favorite companies, products,
and services
To market their expertise effectively
To distinguishing their quality vs quantity fans, and followers
To search and find the most awesome people, companies,
products, and blogs by their categories leveraging the
power of rating by the community


                 consumer                                              enterprise
 To collect enough intelligence about                 • Getting high quality leads
 others and companies before blindly                  • To collect market intelligence about their
 connecting and following them                           existing and new clients
                                                      • To market their company, products,
                                                         services, and solution offerings more
                                                         effectively                                 9
My social media channels




My score
based on the
ratings




                                          Rating by
Links to my                               my trusted
business,                                 peers
products, &
expertise




                    All about me                   10
The company social media channels




Company’s
score based
on the rating
                                                    Rating by
                                                    the
                                                    company’s
                                                    existing
                                                    clients
  The links
  to
  company’
  s solution
  offerings




                    All about the company                       11
Each product has received
different rating
The company will be
able to identify their
most and least
popular products
leveraging the power
of rating by the
crowd




                         12
Post a question &
get answers




 Promote your
 solution offerings




 Promote your
 expertise




                      13
User Acquisition


                                    Partnership with
Mobile Apps         Facebook App   the online media




                                                       15
Market Opportunity - 2012
        84% of B2B companies surveyed are using social media in some form but that best-in-class

•     47% of best-in-class companies are using social marketing as their primary means of expanding lead generation efforts
•     13% are using it as a secondary strategy
•     23% are developing clear business processes to utilize social media marketing
•     9% are focusing corporate goals around social,
•     9% are supporting customer service with a social platform
                                                                                                 Source: Aberdeen Group

These statistics indicate top B2B performers are incorporating social media marketing into a variety of strategic actions




    We are going after




                                                                                                Source: Zenith Optimedia

      Forrester Research: B2B marketers plan to increase their marketing budgets by 6.8% in 2012                              15
Financial Model

 Revenue from Lead Generation B2B2C - $5-$20 per lead




Selling our companies’ products & services online leveraging the power of
rating by the crowd




  Annual subscription fee of $49.95 per product and service page
     Annual revenue from a company with 5 products: $250
     Annual revenue from a company with 100 products: $5,000
     Annual revenue from 1000 companies with ave 10 products each: about $500 k




                                                                                  16
Competition
                                                 awesomize.me rating



Social media Aggregation   x           x
      Consumer             x    x      x     x
      enterprise           x    x            x
       Rating              x    x
       Scoring             x                 x

   Personal page           x           x     x
   Company page            x    x
Product & service page     x
     blog page             x
       Q&A                 x
    Commenting             x    x
   Lead Gen/B2B2C          x                             VS.

                                                         others




                                                                       17
Execution Plan

                                                                         2014
                                                   . Continue product innovation including
                                                   debut of new solutions
                                                   . 4M+ additional registered users, 50 M
                                                   monthly page views
                                                   . To have 50k companies signed up
                                                   . Each will subscribe to 3 product or service pages

                                                   . To start selling the companies’ product’s
                                                   and goods online
                                                   . profitability




                 2012
. Series A Funding
. Key hires                                                                  2013
. 100,000+ additional registered                     . Continue product innovation –
users, 1.5 M monthly page views                      development for enterprise solution
                                                     . 350,000+ additional registered users, 7 M
. To launch our b2b feature                          monthly page views
. To launch the annual                               . To have 20k companies signed up
subscription model for product                       . Each will subscribe to 3 product or service pages
and service pages
. To launch our mobile app                           . $3 M Revenue
. To get additional 4k companies                     . Series B Funding
to create their pages                                . Selling companies’ products & services
. To generate $400k from the 4k                      online
companies                                                                                                  18
Each will subscribe to 2 product or service

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awesomize.me presentation

  • 1. the social path for u2b2b Presented by: Elias Shams, Founder & Awesomizer http://awesomize.me/eliasshams 1
  • 2. Problems… There are two! No effective way of separating… Social Media has done a good job to keep us entertained and busy, but not been able to crack the code for B2B – VERY LOW ROI 2
  • 3. How did we all create the problem ? Web was born Everyone got Search was born on the Web social media Back to the was born Everyone got on mid 90’s the social media
  • 4. And, why the ROI for B2B using Social media has been low? The current channels haven’t been able to crack the code for B2B Simple! Not quite understanding the basic difference between Lead Gen & advertising programs: Just because there are over 1 B people on these channels, it doesn’t mean they will pay attention to you once you setup your company pages there The Lead generation programs Very cost effective – about $1000 for a complex solution of about $100K Solely focused on promoting your business content, not the positioning nor messaging that is supposed to drive the demand Advertising programs Only put the business message in front of your audience Capturing a lead requires multiple steps The Ad programs by the existing social media sites include only messaging or positioning, but no focus on promoting the business content
  • 5. Solution: Our Social b2b2c Integrated Platform The future of B2B businesses will not depend on any one individual platform, but rather the ability to connect and service specific audiences, via ways that are most convenient to them awesomize.me goes far behind a Personal and company pages • Product pages, Service pages, Blog pages, Lead pages, and Q&A pages Connecting buyers & suppliers based on their expertise and awesomeness! Leveraging the power of rating by the community • Consumer get rated both on their social and professional level as well as their potential contribution to the region. • Enterprise get rated on their awesomeness, Q&A, product/service recommendation and their customer support 5
  • 6. Synopsis •Great working product for both consumer & Enterprise •Hot Market opportunity Founder & Awesomizer – Elias Shams (1999-2003) - 15 years leading innovation and growth in Telecom, Social Media, & B2B. - Founder/CTO of vc-backed telezoo.com – First social media/B2B site on the web for telecom space that was actually making money! $250k annual revenue $300k annual revenue Telezoo voted - Employee #7 at MD based startup, Yurie Systems that acquired by Lucent for top 5 telecom $1.1 billion in 1998 sites – Globally for 2 consecutive years NOT COMPETING
  • 7. Objective - For Both Consumers & Enterprise: To distinguish their quality vs quantity fans, friends, and followers • To manage their brands leveraging the power of the rating by the community • To jack up the social media ROI for businesses 6
  • 8. Company Delaware-registered - Washington DC HQ Space: The Social B2B2C Companies already member Product & Service Pages Launched in Jan 2012 • 1000 companies • 600 product & service pages Team - 2 Interns - 2 Funding: Bootstrapping Capital One Bank 8
  • 9. The platform for both the consumer & enterprise To have a page that aggregates all their social media channels into one page To rate their trusted peers, favorite companies, products, and services To market their expertise effectively To distinguishing their quality vs quantity fans, and followers To search and find the most awesome people, companies, products, and blogs by their categories leveraging the power of rating by the community consumer enterprise To collect enough intelligence about • Getting high quality leads others and companies before blindly • To collect market intelligence about their connecting and following them existing and new clients • To market their company, products, services, and solution offerings more effectively 9
  • 10. My social media channels My score based on the ratings Rating by Links to my my trusted business, peers products, & expertise All about me 10
  • 11. The company social media channels Company’s score based on the rating Rating by the company’s existing clients The links to company’ s solution offerings All about the company 11
  • 12. Each product has received different rating The company will be able to identify their most and least popular products leveraging the power of rating by the crowd 12
  • 13. Post a question & get answers Promote your solution offerings Promote your expertise 13
  • 14. User Acquisition Partnership with Mobile Apps Facebook App the online media 15
  • 15. Market Opportunity - 2012 84% of B2B companies surveyed are using social media in some form but that best-in-class • 47% of best-in-class companies are using social marketing as their primary means of expanding lead generation efforts • 13% are using it as a secondary strategy • 23% are developing clear business processes to utilize social media marketing • 9% are focusing corporate goals around social, • 9% are supporting customer service with a social platform Source: Aberdeen Group These statistics indicate top B2B performers are incorporating social media marketing into a variety of strategic actions We are going after Source: Zenith Optimedia Forrester Research: B2B marketers plan to increase their marketing budgets by 6.8% in 2012 15
  • 16. Financial Model Revenue from Lead Generation B2B2C - $5-$20 per lead Selling our companies’ products & services online leveraging the power of rating by the crowd Annual subscription fee of $49.95 per product and service page Annual revenue from a company with 5 products: $250 Annual revenue from a company with 100 products: $5,000 Annual revenue from 1000 companies with ave 10 products each: about $500 k 16
  • 17. Competition awesomize.me rating Social media Aggregation x x Consumer x x x x enterprise x x x Rating x x Scoring x x Personal page x x x Company page x x Product & service page x blog page x Q&A x Commenting x x Lead Gen/B2B2C x VS. others 17
  • 18. Execution Plan 2014 . Continue product innovation including debut of new solutions . 4M+ additional registered users, 50 M monthly page views . To have 50k companies signed up . Each will subscribe to 3 product or service pages . To start selling the companies’ product’s and goods online . profitability 2012 . Series A Funding . Key hires 2013 . 100,000+ additional registered . Continue product innovation – users, 1.5 M monthly page views development for enterprise solution . 350,000+ additional registered users, 7 M . To launch our b2b feature monthly page views . To launch the annual . To have 20k companies signed up subscription model for product . Each will subscribe to 3 product or service pages and service pages . To launch our mobile app . $3 M Revenue . To get additional 4k companies . Series B Funding to create their pages . Selling companies’ products & services . To generate $400k from the 4k online companies 18 Each will subscribe to 2 product or service