Redbeacon Launch Announcement - March 2010

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Redbeacon Launch Announcement - March 2010
Description

This is the presentation given to the media on Redbeacon's new Friendly Advice feature that allows users to invite their Facebook friends to give advice on which service professional to choose for their job. It also announces Redbeacon's strategic partnership with BigTent, a leading provider of parents clubs websites

Redbeacon Launch Event

March 10, 2010









Connecting consumers with the best

service providers to meet their needs

Agenda



Update on Redbeacon: The Past 6 Months

- Brief Overview of Redbeacon

- Some Early Learnings

- Recently Launched Features





What We’re Announcing Today: Redbeacon Goes Social

- Friendly Advice

- Organization Endorsements





Partnership Announcement



Q&A







March 14, 2010 | 2

A Brief History of Redbeacon





Enabled service Redbeacon

requests in SF Social Launch

Milestone









Enabled service

Redbeacon 1,000 service requests throughout First Partner

Founded providers enrolled Bay Area Integration









Nov 08 Sep 09 Oct 09 Dec 09 Mar 10

Phase









Product Launch Register service Learn and iterate Scale

development providers









3/14/2010 | 3

How Redbeacon Works



Customers Service providers





1 Customer submits a 2 Matching engine finds

job request best service providers









5 The job is scheduled 4 Customer reviews 3 Selected service

quotes and selects a providers are invited to

service provider quote

March 14, 2010 | 4

What Distinguishes Redbeacon





Sophisticated matching engine* alerts professionals best suited for job

(No search results, no public job posts)



Consumers see actual price quotes for their jobs



Detailed profiles help consumers decide who to pick



Appointments can be scheduled online









* Patent pending

3/14/2010 | 5

First Lesson Learned





1. There is no chicken and egg problem

Signing up service providers is easy.



Matches per Job Quotes per Job









Jobs receiving price quotes



Top 20 verticals









March 14, 2010 | 6

Quote First / Register Later



Problem:

• Service providers don’t immediately see value in Redbeacon

• Redbeacon doesn’t have enough providers for some requests



Solution:

• Create system to email prospects with “carrot” of real job to quote on









Quote first page

Redesign Job Pages



Problem:

• Providers not seeing where to quote and putting quotes in Q&A



Solution:

• Redesigned the Provider Job page to highlight quote box









Old Provider Quote Page







Redesigned Provider Quote Page

Second Lesson Learned





2. Consumers and service providers need to communicate

Before, during, and after the job.









March 14, 2010 | 9

Private Conversations



Problem:

• Consumers want to communicate with service providers to ask

questions about the quote and bargain

Solution:

• Enable private communication between consumer and providers

who quoted









Consumer View Private Conversation

Provider View Private Conversation

Adding Information to Existing Requests



Problem:

• Consumer want to add information and add images to their request after

they have submitted it



Solution:

• Enable consumers to add information to the description and upload

images after job is submitted

Third Lesson Learned





3. Consumers need lots of information to make a decision

Price, availability, descriptions, and ratings are not enough.









March 14, 2010 | 12

Improved Ratings and Reviews



Problem:

• Consumers need more information about providers before selecting



Solution:

• Added Yelp, Google and Yahoo ratings to help with selection









Ratings from Yelp, Google and Yahoo

Promote Profile Completion



Problem:

• Service providers not completing entire profile



Solution:

• Engage service providers at the right times to get them to enhance

their profiles









Enhance profile after quoting





Improve description after quoting

Complete profile reminder on homepage

What We’re Announcing









3/14/2010 | 15

New Feature: Friendly Advice



Crowdsourcing recommendations and sharing



- In the real world, people ask their friends

for recommendations on local services



- We enable this on Redbeacon by allowing

your Facebook friends to vote and

comment on service provider options



- Your friends can also recommend

additional service providers for the job



- Successful experiences are posted to

Facebook to increase virality







3/14/2010 | 16

Screencast of Friendly Advice









3/14/2010 | 17

Friendly Advice





1. Redbeacon posts to consumer’s Facebook Wall









3/14/2010 | 18

Friendly Advice





2. Friends vote and comment on user’s choices



Offers to

choose from





Voting

buttons





Leave

comments



Other

people’s

opinions

Friendly Advice





2a. Friends can also recommend their own service providers









John Doe





555-555-5555

Redbeacon then notifies service

john@handyhands.com provider about the job!



I’ve used John for years. He

does top quality work.

Friendly Advice



3. Consumers can see their friends’ opinions

Friendly Advice





4. When friends vote, it’s shared to their Facebook too









Theoretical Example



Action Potential Exposure



Consumer posts job

(consumer has 500 FB friends) 500 people

5 friends give advice on the job

(each friend has 500 FB friends)

2500 people

Viral

Why We Think This Will Work









3/14/2010 | 23

Fluent: The Razorfish Social Influence Marketing Report

Full study at http://www.slideshare.net/razorfishmarketing/fluent-the-razorfish-social-influence-marketing-report

Why We Think This Will Work



What people ask and answer in their online social networks

(Survey of 624 people)









“ People often turn to their friends,

families, and colleagues when they









have questions









What Do People Ask Their Social Networks, and Why? A Survey Study of Status Message Q&A Behavior

Full study at http://people.csail.mit.edu/teevan/work/publications/papers/chi10-social.pdf

New Feature: Organization Memberships



Best recommendations outside of friends & family are endorsements

from trusted organizations



Organizations include









Displaying Membership Badges

- Dozens of organizations at launch

- 16,000 service professionals in SF

Bay Area alone

Redbeacon Distribution Strategy





Reach target consumers on websites they already visit



Leverage trusted ties for recommendations and endorsements



Many partnerships will be announced soon, but the first one is...









3/14/2010 | 26

Partnership Announcement









3/14/2010 | 27

Who is BigTent?





The leading platform for trusted parenting groups

across the country









Allows Redbeacon to reach the critical Moms demographic and

provides a valuable new service to BigTent members



BigTent is launching Redbeacon services to 100+ of its most

influential and trusted community groups in the Bay Area

3/14/2010 | 28

Redbeacon’s Integration Into BigTent



Group Buzz Page









March 14, 2010 | 29

Redbeacon’s Integration Into BigTent



Within Reviews & Classifieds









Search

Results









March 14, 2010 | 30

Redbeacon’s Integration Into BigTent



Triggered by keywords in group forums









March 14, 2010 | 31

The BigTent Experience on Redbeacon





Cobranded Request Service Provider

Services Page Endorsements Page









March 14, 2010 | 32

BigTent Experience on Redbeacon



We then show the number of endorsements given by

members of their group









March 14, 2010 | 33

What it all Means



1. We provide all the information needed to choose the

best local service professional for the job



Recommendations of friends and family

Endorsements from web communities

Professional memberships

Price quotes

Appointment times

Ratings and reviews



2. We leverage the social web to

Build trust via our users’ social connections through Friendly Advice

Be present in our users’ online communities through partnerships

Questions and Discussion







THANK YOU!

Ethan Anderson

ethan@redbeacon.com



Laney Whitcanack

laney@bigtent.com









Redbeacon Press Center: http://redbeacon.com/about/press



March 14, 2010 | 35


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