SlideShare une entreprise Scribd logo
1  sur  29
Lean Launch Pad 2013.08.31
PERSONALISED PRACTICE:
HOWYOU WANT. WHENYOU WANT. WHEREYOU WANT.
A Health & Wellness Video Marketplace
YOBO VIDEO
Vanessa Resnick Roberto Soria Justin Stebbins
Day 5, as of 9am
Lean Launch Pad 2013.08.31
Key Partners Value PropositionKey Activities Customer
Relationships
Customer Segments
ChannelsKey Resources
Revenue StreamsCost Structure
• Instructors (collective
body)
• Video Supplier (TokBox)
• Symbiotic relationship
partners (i.e. Lululemon
for yoga)
• Develop & Maintain the
Platform
• Acquire instructors
• Acquire members
Instructors
• More Customers
• More Revenue
• No Studio Costs
• Access to Global
Customer Base
• Ability to market, manage
schedule and collect
payment in one place
• Flexible hours
• Automated / Self-Serve
• Co-creation
• Communities
Instructors
• Full-time professionals,
but with excess capacity
• Part-time professionals,
looking for evening or
weekend work
• Professionals in low cost
areas (i..e rural or
developing countries)
looking for higher rates
Online
• SEO and PPC
• Social Media
Word of Mouth
• Instructors
• References
• Platform
• (Eventual) Network Effect
• Fixed Operational costs for platform development and maintenance
• Fixed Operational Overhead costs (rent, utilities, etc.)
• Variable costs associated with bandwidth / server usage
• Variable costs associated with customer acquisition & demand
creation
• Transaction Commissions (charged to Instructor)
• Advertising (potentially)
Users
• Busy professionals
• Long Commutes
• Odd hour workers
• Stay at home moms
• Parents with infants
• Cost Sensitive, but want
personalise instruction
• Need specialists, but live
far away
• Frequent Travellers
Users
• Saves Time /
Convenience
• Flexible Hours
• Cheaper
• Personalised Instruction
• Access
• Enabling instructors and
users of H&W services to
conduct online virtual
sessions
Day 1 Canvas
Lean Launch Pad 2013.08.31
Key Partners Value PropositionKey Activities Customer
Relationships
Customer Segments
ChannelsKey Resources
Revenue StreamsCost Structure
• Instructors (collective
body)
• Video Supplier (TokBox)
• Symbiotic relationship
partners (i.e. Lululemon
for yoga)
• Develop & Maintain the
Platform
• Acquire instructors
• Acquire members
Instructors
• More Customers
• More Revenue
• No Studio Costs
• Access to Global
Customer Base
• Ability to market, manage
schedule and collect
payment in one place
• Flexible hours
• Automated / Self-Serve
• Co-creation
• Communities
Instructors
• Full-time professionals,
but with excess capacity
• Part-time professionals,
looking for evening or
weekend work
• Professionals in low cost
areas (i..e rural or
developing countries)
looking for higher rates
Online
• SEO and PPC
• Social Media
Word of Mouth
• Instructors
• References
• Platform
• (Eventual) Network Effect
• Fixed Operational costs for platform development and maintenance
• Fixed Operational Overhead costs (rent, utilities, etc.)
• Variable costs associated with bandwidth / server usage
• Variable costs associated with customer acquisition & demand
creation
• Transaction Commissions (charged to Instructor)
• Advertising (potentially)
Users
• Busy professionals
• Long Commutes
• Odd hour workers
• Stay at home moms
• Parents with infants
• Cost Sensitive, but want
personalise instruction
• Need specialists, but live
far away
• Frequent Travellers
Users
• Saves Time /
Convenience
• Flexible Hours
• Cheaper
• Personalised Instruction
• Access
• Enabling instructors and
users of H&W services to
conduct online virtual
sessions
• Accountability
• Cheaper Personalised
Instruction
• Ability to try new styles /
methods / instructors
• Female, 18 to 40
• Not hardcore fitness
fanatic / athlete
• Don’t live close to a gym
• Disabilities, have trouble
leaving house
+
+
+
++
+ +++
++
++
x
+
+ +
x
+
+
+
+
+
+
Day 2 Canvas
Lean Launch Pad 2013.08.31
What We Thought
• Both men and women would be interested
• Flexible hours would be an attractive
• People with long commute would be attracted to the service
• Stay at home mothers and mothers with infants would be a large user group
• Instructors would be interested in the service (more revenue, customers, etc.)
What We’ve Learned, thus far
• Females are interested, far more than males, and aged 18 to 40 (range will probably
be narrowed, so far we’ve mainly spoken to late 20’s / early 30’s)
• Personalized instruction at a cheaper price seems to resonate with the enthusiastic
• Like the idea of some sort of real time feedback
• Accountability is a major value proposition for users
• Current hardcore fitness fanatics (i.e. 4+ intense sessions per week, including cross
fit) are not users of this services, they A) believe they know what to do and/or B) the
exercise (cross fit) isn’t suitable to online sessions (need space, spotter, etc.))
• People who have long commutes to work aren’t necessarily interested because of
the long commute to work, but rather are interested if they have a long commute to
the gym
• Only spoken with one so far, but she actually like going to the gym as it was a
chance for her to get out of the house and have some social interaction with the
outside world (note: gym had a baby sitter)
Day 2 Canvas
Lean Launch Pad 2013.08.31
Key Partners Value PropositionKey Activities Customer
Relationships
Customer Segments
ChannelsKey Resources
Revenue StreamsCost Structure
• Instructors (collective
body)
• Video Supplier (TokBox)
• Symbiotic relationship
partners (i.e. Lululemon
for yoga)
• Develop & Maintain the
Platform
• Acquire instructors
• Acquire members
Instructors
• More Customers
• More Revenue
• No Studio Costs
• Access to Global
Customer Base
• Ability to market, manage
schedule and collect
payment in one place
• Flexible hours
• Automated / Self-Serve
• Co-creation
• Communities
Instructors
• Full-time professionals,
but with excess capacity
• Part-time professionals,
looking for evening or
weekend work
• Professionals in low cost
areas (i..e rural or
developing countries)
looking for higher rates
Online
• SEO and PPC
• Social Media
Word of Mouth
• Instructors
• References
• Platform
• (Eventual) Network Effect
• Fixed Operational costs for platform development and maintenance
• Fixed Operational Overhead costs (rent, utilities, etc.)
• Variable costs associated with bandwidth / server usage
• Variable costs associated with customer acquisition & demand
creation
• Transaction Commissions (charged to Instructor)
• Advertising (potentially)
Users
• Busy professionals
• Odd hour workers
• Stay at home moms
• Parents with infants
• Cost Sensitive, but want
personalise instruction
• Need specialists, but live
far away
• Frequent Travellers
• Females, 18 to 40
• Not hardcore fitness
fanatics / athletes
• Don’t live close to a gym /
studio
• Disabilities, have trouble
leaving the house
Users
• Saves Time /
Convenience
• Flexible Hours
• Cheaper Personalise
Instruction
• Access
• Accountability
• Ability for Variety
• Enabling instructors and
users of H&W services to
conduct online virtual
sessions
• Ability to learn how to
cook healthy
+
+
+
++
++
x
+
+ +
x
+
+
+
+
+
+
+
++ + + +
+
+
+
• Early to mid-level
professionals
• Currently doing some sort
of yoga / pilates
• Seldom or not using a
personal instructor
• Earn less than <250k
(would just do regular
personal trainer)
• Commute is less than 20
minutes OR greater than
45
• Fitness / hardcore
athletes that want to learn
how to cook
++
+ +
+
++
+ +
+ + +
+
+
++
+ +
+ +
+
Day 3 Canvas
Lean Launch Pad 2013.08.31
What We Thought (after day 1 / 2)
• Flexible hours would be an attractive
• After day 1 / 2, we didn’t think long commuters would be interested
• Stay at home mothers and mothers with infants would be a large user group
• Women, more than men, would be the most interested
What We’ve Learned, thus far
• Potential users seem to make less than $250k (already using personal trainers
regularly)
• Cost and Time / Schedule Flexibility are almost equally important, both seem to be
the primary drivers
• Users like the idea of some sort of real time feedback / interaction, beyond what
they receive in a class
• Users with busy schedules / odd hours that want personal instruction, but can’t
find a schedule that works
• People with commute times between 20 and 45 minutes do not seem to be users (7
out of 10 said no!).
• Mixed reviews from mothers w/ infants and stay at home moms. Does not seem to
be a driver given our current sample base
Day 3 Canvas
Lean Launch Pad 2013.08.31
Key Partners Value PropositionKey Activities Customer
Relationships
Customer Segments
ChannelsKey Resources
Revenue StreamsCost Structure
• Instructors (collective
body)
• Video Supplier (TokBox)
• Symbiotic relationship
partners (i.e. Lululemon
for yoga)
• Develop & Maintain the
Platform
• Acquire instructors
• Acquire members
Instructors
• More Customers
• More Revenue
• No Studio Costs
• Access to Global
Customer Base
• Ability to market, manage
schedule and collect
payment in one place
• Flexible hours
• Automated / Self-Serve
• Co-creation
• Communities
Instructors
• Full-time professionals,
but with excess capacity
• Part-time professionals,
looking for evening or
weekend work
• Professionals in low cost
areas (i..e rural or
developing countries)
looking for higher rates
Online
• SEO and PPC
• Social Media
Word of Mouth
• Instructors
• References
• Platform
• (Eventual) Network Effect
• Fixed Operational costs for platform development and maintenance
• Fixed Operational Overhead costs (rent, utilities, etc.)
• Variable costs associated with bandwidth / server usage
• Variable costs associated with customer acquisition & demand
creation
• Transaction Commissions (charged to Instructor)
• Advertising (potentially)
Users
• Busy professionals
• Odd hour workers
• Stay at home moms
• Parents with infants
• Cost Sensitive, but want
personalise instruction
• Need specialists, but live
far away
• Frequent Travellers
• Females, 18 to 40
• Not hardcore fitness
fanatics / athletes
• Don’t live close to a gym /
studio
• Disabilities, have trouble
leaving the house
Users
• Saves Time /
Convenience
• Flexible Hours
• Cheaper Personalise
Instruction
• Access
• Accountability
• Ability for Variety
• Ability t learn how to cook
healthy
• Enabling instructors and
users of H&W services to
conduct online virtual
sessions
• Remote monitoring
• Private Class / not-
embarrassed
+
+
+
++
++
x
+
+ +
+
+
+
+
+
+
+
++ + + +
+
+
+
• Early to mid-level
professionals
• Currently doing some sort
of yoga / pilates
• Seldom or not using a
personal instructor
• Earn less than <250k
(would just do regular
personal trainer)
• Commute is less than 20
minutes OR greater than
45
• Fitness / hardcore
athletes that want to learn
how to cook
++
+ +
+
++
+ +
+ + +
+
+
++
+ +
+ +
+
+ +
• -Middle Aged males,
haven’t done yoga before
and want private class
• Middle aged females, in
suburbia who are already
doi class/video
• -Sport rehab + therapists
can stay in touch with
clients not based in town
(i.e. London / middle
eastern)
• Kids (parents want it)
+
+ +++
+++
+
++
+
+
+
+ +++
+ +++
++
+
+
Day 4 Canvas
Lean Launch Pad 2013.08.31
What We Thought (after day 3)
• Males would not be interested
• Would mainly be for not heavily trained services (i.e. Yoga, Nutritionist, Pilates, etc).
• Service would not be for kids
What We’ve Learned, thus far
• Middle aged men who want to learn yoga, but are embarrassed to go to classes are
interested.
• Middle aged women in suburbia are interested
• Professional Therapists
• Use it to “monitor patients” (i.e. make sure they do their rehab by scheduling
appointments online)
• Have patients who travel to city (i.e. London from Middle east) for treatment,
then return from to their home (middle east).
• Parents are want to have their kids do it
• Tweaked (future) feature to facilitate customer acquisitions
Day 4 Canvas
Lean Launch Pad 2013.08.31
Key Partners Value PropositionKey Activities Customer
Relationships
Customer Segments
ChannelsKey Resources
Revenue StreamsCost Structure
• Instructors (collective
body)
• Video Supplier (TokBox)
• Develop & Maintain the
Platform
• Acquire instructors
• Acquire members
Instructors
• More Revs / Customers
• Access to Global
Customer Base
• Remote Monitoring
• Automated / Self-Serve
• Co-creation
• Communities
Instructors
• Full & Part-time
professionals w/ extra
capacity
• Professionals in low cost
areas (i..e rural or
developing countries)
looking for higher rates
• “low mantenance”
Physical Therapists
• NOT full-time, fully
scheduled / large studios
Online
• SEO and PPC
• Social Media
Word of Mouth
• Instructors
• References
• Platform
• (Eventual) Network Effect
• Fixed Operational costs for platform development and maintenance
• Fixed Operational Overhead costs (rent, utilities, etc.)
• Variable costs associated with bandwidth / server usage
• Variable costs associated with customer acquisition & demand
creation
• Transaction Commissions (charged to Instructor)
• Advertising (potentially)
Users
• Early to mid career
professionals
??<income<$250k
• Long and Odd hour
workers
• Currently doing some sort
of yoga / pilates
• Pregnant / post
pregnancy
• Suburban Parents w/ kids
• Females, 20 to 40,
needing motivation and
want personal feedback
• Not hardcore fitness
fanatics / athletes
• Don’t live close to a gym /
studio
Users
• Saves Time /
Convenience
• Flexible Hours
• Cheaper Personalise
Instruction
• Access
• Accountability
• Ability for Variety
• Ability t learn how to cook
healthy
• Private Class / Not-
embarrased
• Enabling instructors and
users of H&W services to
conduct online virtual
sessions
+
++
++
+
+
+
+
+
+
+
+
++ + + +
+
+
+
• Already doing some for of
exercise, 2 – 4 times a
week, often times
yoga/pilates as well
• NOT consistently using a
Personal trainer
• Commute is less than 20
minutes OR greater than
45
• Fitness / hardcore
athletes that want to learn
how to cook
• 30 to 55 yr males, never
done yoga before ,
• Kids (parents want)
• 30 to 55 yr females in
suburbia who are already
y doing yoga classes /
video
• Have disability, trouble
leaving the house
• “low maintenance” rehab
patients
++
+ +
+
+
+
+
++++
+
++
+
+
+ +++
+ +
+
++
+++
Day 5 Canvas (note: CR is covered)
++
+ +
+
+ + +
+ +
+
+
+ + +
++ +
+ +
+
+ + + + +
+ ++ +
+ +
+ +
+ +
+ +
+ +
+ ++
+
+
+
++
+
Lean Launch Pad 2013.08.31
Users D1 D2 D3 D4 D5 Total
# Spoken to: 10 8 13 6 37
Evangilists 1 2 1 4
Early Adopter 1 2 5 4 12
Late Adopter 3 3 2 8
Not Interested 5 3 4 1 13
Total 10 8 13 6 0 37
% of EV / EA's 20.0% 25.0% 53.8% 83.3% #DIV/0! 43.2%
% of Yoga / US Pop 6.3%
Instructors Day 1 Day 2 Day 3 Day 4 Day 5 Total
# Spoken to: 3 0 7 1 11
Evangilists 1 1 2
Early Adopter 2 2 1 5
Late Adopter 0 2 2
Not Interested 0 2 2
Total 3 0 7 1 0 11
Total 13 8 20 7 0 48
1 would be an EA if healthy
cooking sessions were available
Lean Launch Pad 2013.08.31
Value Prop Customer Segment
• Affordable Personalised
Instruction
• ????<Income<250k
• Convenience / flexibility / time
saving
• Early and mid-level professionals
• Access
• Have disability and are not able to easily
leave the house
• Accountability / Motivation
• Already doing occasional exercise or
some classes
• Longer or Odd working hours
WORK IN PROGESS
• Learn to healthy cooking
• Hardcore athlete / fitness fanatics
• Privacy / lack of embarrasment
• Middle Aged Men
• (others – overweight?)
• Physical Rehab / Monitor
• “Low Maintenance”Physical Therapists /
Patients
• Suburban moms / middle age
• Pregnant / post pregnancy
• Kids (Parents want it)
• Parents want it (why???)
Lean Launch Pad 2013.08.31
Get
• Direct / Online (Google Adwords)
• Initial acquisition of instructors through direct emailing
• Provide Instructors with Social and Email Promotions Tools
• Provide Users with Group Buying Tools (See follow on feature)
Keep
• Users: provide with Calorie & Exercise tracking ap
• Instructors: provide with Scheduling Management Tools
• Enable the ability for users and trainers to connect & follow
• Allow the formation of support groups and communities
• Receive Daily/Periodic Tips
Grow
• Increase intermediation fee (initially greater of $1 or 2%, per transaction)
• Add Additional Features (see next slide)
• Add additional markets (slide to follow)
• Sale of Vitamins and Nutrition ($11B US market)
• Sale of heath food and food plans ($100B+ US market)
Sale of fitness clothing ($10B+ US market)
• Targeted advertising (how much are pregnant women worth to retailers?)
• “Sponsored Advertising” among instructors
Lean Launch Pad 2013.08.31
Follow-On Features
Lean Launch Pad 2013.08.31
5/10/100+ UsersVideo (i.e. Skype)
The Virtual Class: One to Many (future)
Each at home
Instructor
Video Classes
• Allow live classes to be conducted – 1 instructor to many (i.e. 5 / 10 / 100+ users, all
in their home)
• Provide users with a tool & incentive for them to book and market a class
• (I.e User posting to facebook “Join me! I’ve book a private class for $50 and
need 4 more people, $10 each!!! This Saturday at 9am. www.yobo.com
• Intermediation fee taken from instructor
• note: group video session cost YoBo money (1 to 1 sessions are free)
Lean Launch Pad 2013.08.31
The Instructor Video Subscription
Instructor Video Subscription
• Instructors record and upload a series of their OWN video workouts.
• Initially provided with a particular amount of free storage, then charged a
monthly subscription fee beyond the limit
• Users are able to subscribe to a given Instructor, paying a monthly fee (i.e. $5) for
unlimited access to videos
• Intermediation fee is taken from each monthly subscription (Instructor pays)
Instructor Certification Verification
Create the Ability for Instructors to Verify and Promote their Certification Credentials
• Provides some users comfort, allowing the Instructor to receive higher rates
Lean Launch Pad 2013.08.31
Market
Lean Launch Pad 2013.08.31
Market Size Estimates: It’s Big
Yoga Market (Yoga Paws* and Yoga Journal** )
82% of people who practice yoga are women
•23-34 year olds make up 40%
•35-55 year olds make up 41%
Approximately 70,000 instructors
People who practice yoga often have a median income of $75,000 or higher and
are looking for health benefits and stress reduction
 Around 20M Yoga practitioners (Yogajournal.com – 2012)
8.7% of US Adults
 Total Available Market (hypothesis): 1 class per week, $10 per class = $10B
* http://www.yogapaws.com/market-analysis/
** http://www.prnewswire.com/news-releases/yoga-journal-releases-2012-yoga-in-america-market-study-182263901.htm
Lean Launch Pad 2013.08.31
US Yoga Market Size Estimates
Total
Available
Market
Target
Market
Served
Available
Market
Total Available Market: $10B
(20mn x 1 class / wk @ $10/class x 50 wks)
Served Available Market (How many
people need/can use product?): $2B
(Hypothesis: 10% of seg. 1, 30% of seg. 2,
20% of seg. 3)
Target Market (first 3 years): $1.6B
(30% of segment 2 and 20% of 3)
Segment 1 Segment 2 Segment 3 Segment 4
Description Women 23-34 Women 35-55 Men Yoga Instructors
Size 41% 42% 17% Approx. 70,000
Age Range 23-34 35-55 Any Any
People/
Influences
Friends and family,
Entertainment
industry, (Magazines,
celebrities)
Co-workers, Yoga
instructors,
Magazine articles
Family and friends,
Yoga instructors
Yoga studio, Yoga
school, Co-workers
Lean Launch Pad 2013.08.31
Disruptable H&W Services
Fitness WellnessNutrition Spiritual
• Yoga
• Pilates
• Elderly workout
• Tai Chi
• Spinning
• Mat exercises
(i.e. Buns &
Tums)
• Aerobics/Zumba
• Weights/Trainer
• “Low
Maintenance”
Rehab
• Weight Loss
(MOTIVATION)
• Elderly
• Diabetic
• Sports
• Heart / high
blood pressure
• Vegetarian
• Other Disorders
(i.e. Celiac)
• Stress
management
• Sleep coaching
• Meditation
• Life coach
• Smoking
Sessation
• Astrology
• Career Forecasts
• Dream Analysis
• Fortune Telling
• Kabbalah
• Love &
Relationships
• Palm Reading
• Past Life
Reading
• Psychic Reading
• Religion
• Sex & Intimacy
• Tarot Reading
Beauty & Fashion (Hair, Make-up, Dress) and Cooking as well
Lean Launch Pad 2013.08.31
Market Size Estimates: It’s Big
• $28bn by 2016 for Health & Fitness Clubs according to IBISWorld
• $7bn in 2012, growing at 7.7% - US Yoga market according to IBISWorld
• “There are no companies with dominate market share in this industry”
• Notable Diet / Nutrition Companies
• $2.4bn - Jenny Craig
• $1.8bn - Weight Watchers
• Notable Supplement Companies
• $2.4bn - GNC
• Notable Gym / Fitness Providers
• $1.0bn - Bally’s
• $1.1bn – LifeFitness
• $0.7bn - 24hr Fitness
Lean Launch Pad 2013.08.31
Where are the metabolically challenged?
Hint: They probably speak English….
Lean Launch Pad 2013.08.31
$Bn's US Int'l WW Pilates & other
Total Fitness
Sessions
Market
Yoga TAM 10.0 50% 15.0 10% 16.5
Jenny Craig Total Revs 2.4
% of Nutrition Consulting 40%
$ of Consulting 0.96
Weight Watchers Total Revs 1.8
% of Nutrition Consulting 40%
$ of Consulting 0.72
Total WW and JC 1.68
% of Total market 50%
Total Nutritional Market 2.52 2.52
Total Addressable market 19.02
Does not include:
Advertising (sponsored listings or banner ads)
Sell of products, vitamins and Nutritional food plans (a la weight watchers)
If extrapolating beyond US YOGA
Lean Launch Pad 2013.08.31
Next Steps
Lean Launch Pad 2013.08.31
Refine / Narrow initial targeted Segment through more experiments (also learn how
much it will cost to acquire)
• Google Adwords  LaunchRock Landing Page (collect email addresses)
• Pregnant / post labor
• Yoga for Kids
• Accountability
• Yoga for Men
• Etc.
• Yoga in the Park / Subway / Community Space
• Craigslist to Test for Regional Preferences
• Square Foot Per House Trends (i.e. Texas vs. Manhattan)
• Distance to Gym / Studio
• Studio density
• Fitness lifestyle
• Etc.
Attempt to create viral content for Demand Creation
• Amass a list of Instructors that could be potentially interested
• Provide them with “early beta access” to ensure users can find instructors
Attempt to create viral content for Demand Creation
• Short Funny Videos for each customer segment and/or Value Prop?
• Short Insensitive Videos for each customer segment and/or Value Prop?
Lean Launch Pad 2013.08.31
What kind of company are we:
Start up that is searching for a product / market fit and for which customers segments
that fit occurs; once identified, if we can attract a sufficient number of customers in a
profitable and repeatable manner.
Lean Launch Pad 2013.08.31
Proposed Hypothesis: The largest category of users for yoga/pilates will be
females aged 18-44.
Experiment: An email will be sent to distribution list from our network that says the
following:
“We are hosting one on one personal yoga sessions via the computer from your home
on Thursday at a time of your choice for $20, we have only 5 spots available, first come
first serve.”
We will likely send this email out multiple times with different prices.
Pass/Fail: a complete fail would be if no one responds at any price level. A fail of our
hypothesis (the user group is female) but not a complete fail would be if the majority of
the responders is not female aged 18-44.
Lean Launch Pad 2013.08.31
Proposed Hypothesis: The average person would think $20 is inexpensive for this
service compared with all alternatives.
Experiment: Using the previously described experiment but sending only to distribution
list of yoga users.
Pass/Fail: if the number of responders for $20 is much lower than $10 or the number of
responders at $30 is not different from $20 our hypothesis is wrong.
Lean Launch Pad 2013.08.31
Proposed Hypothesis: The farther a person has to travel to go to a gym or training
session, the more appealing it is to work out from home via computer.
Experiment: Using a sample of people from launch.com, we will ask each person to
make a choice between two options: a one on one yoga session with an instructor in
person and a session via the computer with the same trainer. We will vary the amounts
of time it will take to get to the personal trainer along with varying costs for each option.
Pass/Fail: if there is a correlation with both the difference one is willing to pay for
computer training and commute to gym as well as absolute amount to paid for in home
training it will be a pass. If there is no correlation (or negative) it will be a fail.
Lean Launch Pad 2013.08.31
Proposed Hypothesis: If a person likes taking classes from a specific trainer,
he/she will be more likely to take an online class with that trainer.
Experiment: Host a free yoga session in one of the parks in NYC. After the class, ask
each participant if they would like to book an online session (and pay) with the trainer. If
they say yes, ask if they would prefer to book an online session with a different trainer at
a slightly lower price point.
Pass/Fail: A fail would be if no participants in the class are willing to pay for a follow up
session or if the majority of people willing to take the session would prefer a slightly
lower price for an unknown person.

Contenu connexe

Tendances

Let's get a computer science internship
Let's get a computer science internshipLet's get a computer science internship
Let's get a computer science internshipJulian Ozen
 
Grow Your Business Create A Quality Internship Program Webinar Inprocess
Grow Your Business Create A Quality Internship Program Webinar InprocessGrow Your Business Create A Quality Internship Program Webinar Inprocess
Grow Your Business Create A Quality Internship Program Webinar InprocessCreativeInterns
 
Internships On A Time Budget
Internships On A Time BudgetInternships On A Time Budget
Internships On A Time BudgetKaren Obringer
 
DEVELOPING LEADERS IN YOUR ORGANIZATION - STARTING THEM OFF RIGHT
DEVELOPING LEADERS IN YOUR ORGANIZATION - STARTING THEM OFF RIGHTDEVELOPING LEADERS IN YOUR ORGANIZATION - STARTING THEM OFF RIGHT
DEVELOPING LEADERS IN YOUR ORGANIZATION - STARTING THEM OFF RIGHTHuman Capital Media
 
KY HIghland Investment Corporation EKCEP ICE HOUSE TRAINING PROGRAM
KY HIghland Investment Corporation EKCEP ICE HOUSE TRAINING PROGRAMKY HIghland Investment Corporation EKCEP ICE HOUSE TRAINING PROGRAM
KY HIghland Investment Corporation EKCEP ICE HOUSE TRAINING PROGRAMPeterHackbert
 
Canvas & Credly Webinar - 5/2/18
Canvas & Credly Webinar - 5/2/18Canvas & Credly Webinar - 5/2/18
Canvas & Credly Webinar - 5/2/18Patricia Diaz, SMS
 
Learning Insights Live Nov 14 - Transforming Learning, 10 Tips From L&D Managers
Learning Insights Live Nov 14 - Transforming Learning, 10 Tips From L&D ManagersLearning Insights Live Nov 14 - Transforming Learning, 10 Tips From L&D Managers
Learning Insights Live Nov 14 - Transforming Learning, 10 Tips From L&D ManagersKineo
 
The only time management guide you will ever need
The only time management guide you will ever needThe only time management guide you will ever need
The only time management guide you will ever needBlaz Kos
 
Seminar 4. present impressive self intrtoduction ppt rev. 9.12.18
Seminar 4. present impressive self intrtoduction ppt rev. 9.12.18Seminar 4. present impressive self intrtoduction ppt rev. 9.12.18
Seminar 4. present impressive self intrtoduction ppt rev. 9.12.18Julia Montier-Ball, MEd
 
COMM 202 - Tutorial 1 - Sam Wong
COMM 202 - Tutorial 1 - Sam WongCOMM 202 - Tutorial 1 - Sam Wong
COMM 202 - Tutorial 1 - Sam WongComm202
 
Case Study: Making Cornwall Agile
Case Study: Making Cornwall AgileCase Study: Making Cornwall Agile
Case Study: Making Cornwall Agileallan kelly
 
Startup Experienceships - An Internship Revolution
Startup Experienceships - An Internship RevolutionStartup Experienceships - An Internship Revolution
Startup Experienceships - An Internship RevolutionCorkscrew Startup School
 
Effective Personal Branding
Effective Personal BrandingEffective Personal Branding
Effective Personal Brandingitmarketing_by
 
Learning Solutions Conf 2019 - Session 302 - xAPI for Instructional Designers
Learning Solutions Conf 2019 - Session 302 - xAPI for Instructional DesignersLearning Solutions Conf 2019 - Session 302 - xAPI for Instructional Designers
Learning Solutions Conf 2019 - Session 302 - xAPI for Instructional DesignersTorranceLearning
 
Lean at ITP info session 2015
Lean at ITP info session 2015Lean at ITP info session 2015
Lean at ITP info session 2015Jen van der Meer
 
Face your communication challenges when implementing a digital workplace, bas...
Face your communication challenges when implementing a digital workplace, bas...Face your communication challenges when implementing a digital workplace, bas...
Face your communication challenges when implementing a digital workplace, bas...Patrick Van Renterghem
 

Tendances (19)

Considering an Internship Program
Considering an Internship ProgramConsidering an Internship Program
Considering an Internship Program
 
Let's get a computer science internship
Let's get a computer science internshipLet's get a computer science internship
Let's get a computer science internship
 
Grow Your Business Create A Quality Internship Program Webinar Inprocess
Grow Your Business Create A Quality Internship Program Webinar InprocessGrow Your Business Create A Quality Internship Program Webinar Inprocess
Grow Your Business Create A Quality Internship Program Webinar Inprocess
 
Internships On A Time Budget
Internships On A Time BudgetInternships On A Time Budget
Internships On A Time Budget
 
DEVELOPING LEADERS IN YOUR ORGANIZATION - STARTING THEM OFF RIGHT
DEVELOPING LEADERS IN YOUR ORGANIZATION - STARTING THEM OFF RIGHTDEVELOPING LEADERS IN YOUR ORGANIZATION - STARTING THEM OFF RIGHT
DEVELOPING LEADERS IN YOUR ORGANIZATION - STARTING THEM OFF RIGHT
 
Xmba 296t mentor handbook rev 3
Xmba 296t mentor handbook rev 3Xmba 296t mentor handbook rev 3
Xmba 296t mentor handbook rev 3
 
KY HIghland Investment Corporation EKCEP ICE HOUSE TRAINING PROGRAM
KY HIghland Investment Corporation EKCEP ICE HOUSE TRAINING PROGRAMKY HIghland Investment Corporation EKCEP ICE HOUSE TRAINING PROGRAM
KY HIghland Investment Corporation EKCEP ICE HOUSE TRAINING PROGRAM
 
Canvas & Credly Webinar - 5/2/18
Canvas & Credly Webinar - 5/2/18Canvas & Credly Webinar - 5/2/18
Canvas & Credly Webinar - 5/2/18
 
Learning Insights Live Nov 14 - Transforming Learning, 10 Tips From L&D Managers
Learning Insights Live Nov 14 - Transforming Learning, 10 Tips From L&D ManagersLearning Insights Live Nov 14 - Transforming Learning, 10 Tips From L&D Managers
Learning Insights Live Nov 14 - Transforming Learning, 10 Tips From L&D Managers
 
The only time management guide you will ever need
The only time management guide you will ever needThe only time management guide you will ever need
The only time management guide you will ever need
 
Jobsearch masterclass presentation mid 2013
Jobsearch masterclass presentation mid 2013Jobsearch masterclass presentation mid 2013
Jobsearch masterclass presentation mid 2013
 
Seminar 4. present impressive self intrtoduction ppt rev. 9.12.18
Seminar 4. present impressive self intrtoduction ppt rev. 9.12.18Seminar 4. present impressive self intrtoduction ppt rev. 9.12.18
Seminar 4. present impressive self intrtoduction ppt rev. 9.12.18
 
COMM 202 - Tutorial 1 - Sam Wong
COMM 202 - Tutorial 1 - Sam WongCOMM 202 - Tutorial 1 - Sam Wong
COMM 202 - Tutorial 1 - Sam Wong
 
Case Study: Making Cornwall Agile
Case Study: Making Cornwall AgileCase Study: Making Cornwall Agile
Case Study: Making Cornwall Agile
 
Startup Experienceships - An Internship Revolution
Startup Experienceships - An Internship RevolutionStartup Experienceships - An Internship Revolution
Startup Experienceships - An Internship Revolution
 
Effective Personal Branding
Effective Personal BrandingEffective Personal Branding
Effective Personal Branding
 
Learning Solutions Conf 2019 - Session 302 - xAPI for Instructional Designers
Learning Solutions Conf 2019 - Session 302 - xAPI for Instructional DesignersLearning Solutions Conf 2019 - Session 302 - xAPI for Instructional Designers
Learning Solutions Conf 2019 - Session 302 - xAPI for Instructional Designers
 
Lean at ITP info session 2015
Lean at ITP info session 2015Lean at ITP info session 2015
Lean at ITP info session 2015
 
Face your communication challenges when implementing a digital workplace, bas...
Face your communication challenges when implementing a digital workplace, bas...Face your communication challenges when implementing a digital workplace, bas...
Face your communication challenges when implementing a digital workplace, bas...
 

En vedette

Inno evalfi policy_report_28_oct_2009
Inno evalfi policy_report_28_oct_2009Inno evalfi policy_report_28_oct_2009
Inno evalfi policy_report_28_oct_2009Stanford University
 
Lean launchpad berkeley columbia syllabus rev 7
Lean launchpad berkeley columbia syllabus rev 7Lean launchpad berkeley columbia syllabus rev 7
Lean launchpad berkeley columbia syllabus rev 7Stanford University
 
Lessons-Learned Day Presentation Skills Training
Lessons-Learned Day Presentation Skills TrainingLessons-Learned Day Presentation Skills Training
Lessons-Learned Day Presentation Skills TrainingStanford University
 
Murray gordon the finnish paradox
Murray gordon the finnish paradoxMurray gordon the finnish paradox
Murray gordon the finnish paradoxStanford University
 
Secret History Stanford E Week Feb 21 2010
Secret History Stanford E Week Feb 21 2010Secret History Stanford E Week Feb 21 2010
Secret History Stanford E Week Feb 21 2010Stanford University
 
Lean LaunchPad Educators june 2013 Overview v4
Lean LaunchPad Educators june 2013 Overview v4Lean LaunchPad Educators june 2013 Overview v4
Lean LaunchPad Educators june 2013 Overview v4Stanford University
 
Silicon valley past, present, future always on july28 2010
Silicon valley past, present, future always on july28 2010Silicon valley past, present, future always on july28 2010
Silicon valley past, present, future always on july28 2010Stanford University
 

En vedette (20)

Smart Windows Columbia
Smart Windows ColumbiaSmart Windows Columbia
Smart Windows Columbia
 
Rel events final
Rel events finalRel events final
Rel events final
 
Inno evalfi policy_report_28_oct_2009
Inno evalfi policy_report_28_oct_2009Inno evalfi policy_report_28_oct_2009
Inno evalfi policy_report_28_oct_2009
 
Tikari report
Tikari reportTikari report
Tikari report
 
Lean launchpad berkeley columbia syllabus rev 7
Lean launchpad berkeley columbia syllabus rev 7Lean launchpad berkeley columbia syllabus rev 7
Lean launchpad berkeley columbia syllabus rev 7
 
Commonwealth club 020811
Commonwealth club 020811Commonwealth club 020811
Commonwealth club 020811
 
Lessons-Learned Day Presentation Skills Training
Lessons-Learned Day Presentation Skills TrainingLessons-Learned Day Presentation Skills Training
Lessons-Learned Day Presentation Skills Training
 
My linkx final
My linkx finalMy linkx final
My linkx final
 
Murray gordon the finnish paradox
Murray gordon the finnish paradoxMurray gordon the finnish paradox
Murray gordon the finnish paradox
 
Findie Team13
Findie Team13Findie Team13
Findie Team13
 
Tink r labs_final
Tink r labs_finalTink r labs_final
Tink r labs_final
 
Polar Photo Team6
Polar Photo Team6Polar Photo Team6
Polar Photo Team6
 
Secret History Stanford E Week Feb 21 2010
Secret History Stanford E Week Feb 21 2010Secret History Stanford E Week Feb 21 2010
Secret History Stanford E Week Feb 21 2010
 
Lean LaunchPad Educators june 2013 Overview v4
Lean LaunchPad Educators june 2013 Overview v4Lean LaunchPad Educators june 2013 Overview v4
Lean LaunchPad Educators june 2013 Overview v4
 
JAK Capital Team8
JAK Capital Team8JAK Capital Team8
JAK Capital Team8
 
Leash me final
Leash me finalLeash me final
Leash me final
 
Bmc m prep feb 2012
Bmc m prep feb 2012Bmc m prep feb 2012
Bmc m prep feb 2012
 
Can I Borrow This Team5
Can I Borrow This Team5Can I Borrow This Team5
Can I Borrow This Team5
 
Silicon valley past, present, future always on july28 2010
Silicon valley past, present, future always on july28 2010Silicon valley past, present, future always on july28 2010
Silicon valley past, present, future always on july28 2010
 
Lecture 6 revenue model
Lecture 6 revenue modelLecture 6 revenue model
Lecture 6 revenue model
 

Similaire à Yobo Video Team14

Managing online tutorials at scale at the open university (staff support webi...
Managing online tutorials at scale at the open university (staff support webi...Managing online tutorials at scale at the open university (staff support webi...
Managing online tutorials at scale at the open university (staff support webi...EADTU
 
Managing Continuing Operations
Managing Continuing OperationsManaging Continuing Operations
Managing Continuing OperationsDhidie Kyufi
 
Reimaging The Classroom
Reimaging The ClassroomReimaging The Classroom
Reimaging The ClassroomLearningCafe
 
Managing high quality second generation virtual programs
Managing high quality second generation virtual programsManaging high quality second generation virtual programs
Managing high quality second generation virtual programsAndrew Saint
 
Strategic Revenue Management towards widening access to university education
Strategic Revenue Management towards widening access to university education Strategic Revenue Management towards widening access to university education
Strategic Revenue Management towards widening access to university education Kate Varini
 
MOOCS@Work Working Group Session 2
MOOCS@Work Working Group Session 2MOOCS@Work Working Group Session 2
MOOCS@Work Working Group Session 2LearningCafe
 
BAInstitute.org Live Online FAQs
BAInstitute.org Live Online FAQsBAInstitute.org Live Online FAQs
BAInstitute.org Live Online FAQsBAInstitute
 
User Experience Service showcase lightning talks - December 2018
User Experience Service showcase lightning talks - December 2018User Experience Service showcase lightning talks - December 2018
User Experience Service showcase lightning talks - December 2018Neil Allison
 
Beyond the Brick and Mortar - NEFLIN 2016 - Hot Topics User Experience Confer...
Beyond the Brick and Mortar - NEFLIN 2016 - Hot Topics User Experience Confer...Beyond the Brick and Mortar - NEFLIN 2016 - Hot Topics User Experience Confer...
Beyond the Brick and Mortar - NEFLIN 2016 - Hot Topics User Experience Confer...Justin Denton
 
UX Showcase lightning talks - University of Edinburgh - 4 April 2018
UX Showcase lightning talks - University of Edinburgh - 4 April 2018UX Showcase lightning talks - University of Edinburgh - 4 April 2018
UX Showcase lightning talks - University of Edinburgh - 4 April 2018Neil Allison
 
Open inclusion presentation at Zero project conference Feb2018
Open inclusion presentation at Zero project conference Feb2018 Open inclusion presentation at Zero project conference Feb2018
Open inclusion presentation at Zero project conference Feb2018 Open Inclusion
 
Steve Wileman - Smart Assessor - Developments in digital learning technology ...
Steve Wileman - Smart Assessor - Developments in digital learning technology ...Steve Wileman - Smart Assessor - Developments in digital learning technology ...
Steve Wileman - Smart Assessor - Developments in digital learning technology ...Arkin Buhara
 
Flipped learning solution for British Council's PTC
Flipped learning solution for British Council's PTCFlipped learning solution for British Council's PTC
Flipped learning solution for British Council's PTCGareth Davies
 
SharePoint Saturday Cambridge 2017: Training your organisation on Office 365
SharePoint Saturday Cambridge 2017: Training your organisation on Office 365SharePoint Saturday Cambridge 2017: Training your organisation on Office 365
SharePoint Saturday Cambridge 2017: Training your organisation on Office 365Marijn Somers
 
Making Blended Learning Work in Vocational Education & Training (VET)
Making Blended Learning Work in Vocational Education & Training (VET)Making Blended Learning Work in Vocational Education & Training (VET)
Making Blended Learning Work in Vocational Education & Training (VET)Circulus Education
 
Career Services Employer Presentation
Career Services Employer PresentationCareer Services Employer Presentation
Career Services Employer PresentationKristen Torrez
 
High Performing Blended and Online Classrooms
High Performing Blended and Online ClassroomsHigh Performing Blended and Online Classrooms
High Performing Blended and Online ClassroomsD2L Barry
 
Onboarding PowerPoint Presentation 4.19.2016
Onboarding PowerPoint Presentation 4.19.2016Onboarding PowerPoint Presentation 4.19.2016
Onboarding PowerPoint Presentation 4.19.2016Rod Farthing
 
Sloan 2010, Advanced Authoring, Engaging Learners
Sloan 2010, Advanced Authoring, Engaging LearnersSloan 2010, Advanced Authoring, Engaging Learners
Sloan 2010, Advanced Authoring, Engaging LearnersBritt Carr
 

Similaire à Yobo Video Team14 (20)

Managing online tutorials at scale at the open university (staff support webi...
Managing online tutorials at scale at the open university (staff support webi...Managing online tutorials at scale at the open university (staff support webi...
Managing online tutorials at scale at the open university (staff support webi...
 
Managing Continuing Operations
Managing Continuing OperationsManaging Continuing Operations
Managing Continuing Operations
 
Reimaging The Classroom
Reimaging The ClassroomReimaging The Classroom
Reimaging The Classroom
 
Managing high quality second generation virtual programs
Managing high quality second generation virtual programsManaging high quality second generation virtual programs
Managing high quality second generation virtual programs
 
Strategic Revenue Management towards widening access to university education
Strategic Revenue Management towards widening access to university education Strategic Revenue Management towards widening access to university education
Strategic Revenue Management towards widening access to university education
 
MOOCS@Work Working Group Session 2
MOOCS@Work Working Group Session 2MOOCS@Work Working Group Session 2
MOOCS@Work Working Group Session 2
 
BAInstitute.org Live Online FAQs
BAInstitute.org Live Online FAQsBAInstitute.org Live Online FAQs
BAInstitute.org Live Online FAQs
 
User Experience Service showcase lightning talks - December 2018
User Experience Service showcase lightning talks - December 2018User Experience Service showcase lightning talks - December 2018
User Experience Service showcase lightning talks - December 2018
 
Beyond the Brick and Mortar - NEFLIN 2016 - Hot Topics User Experience Confer...
Beyond the Brick and Mortar - NEFLIN 2016 - Hot Topics User Experience Confer...Beyond the Brick and Mortar - NEFLIN 2016 - Hot Topics User Experience Confer...
Beyond the Brick and Mortar - NEFLIN 2016 - Hot Topics User Experience Confer...
 
UX Showcase lightning talks - University of Edinburgh - 4 April 2018
UX Showcase lightning talks - University of Edinburgh - 4 April 2018UX Showcase lightning talks - University of Edinburgh - 4 April 2018
UX Showcase lightning talks - University of Edinburgh - 4 April 2018
 
Open inclusion presentation at Zero project conference Feb2018
Open inclusion presentation at Zero project conference Feb2018 Open inclusion presentation at Zero project conference Feb2018
Open inclusion presentation at Zero project conference Feb2018
 
Steve Wileman - Smart Assessor - Developments in digital learning technology ...
Steve Wileman - Smart Assessor - Developments in digital learning technology ...Steve Wileman - Smart Assessor - Developments in digital learning technology ...
Steve Wileman - Smart Assessor - Developments in digital learning technology ...
 
Flipped learning solution for British Council's PTC
Flipped learning solution for British Council's PTCFlipped learning solution for British Council's PTC
Flipped learning solution for British Council's PTC
 
SharePoint Saturday Cambridge 2017: Training your organisation on Office 365
SharePoint Saturday Cambridge 2017: Training your organisation on Office 365SharePoint Saturday Cambridge 2017: Training your organisation on Office 365
SharePoint Saturday Cambridge 2017: Training your organisation on Office 365
 
Making Blended Learning Work in Vocational Education & Training (VET)
Making Blended Learning Work in Vocational Education & Training (VET)Making Blended Learning Work in Vocational Education & Training (VET)
Making Blended Learning Work in Vocational Education & Training (VET)
 
Process empathy map
Process empathy mapProcess empathy map
Process empathy map
 
Career Services Employer Presentation
Career Services Employer PresentationCareer Services Employer Presentation
Career Services Employer Presentation
 
High Performing Blended and Online Classrooms
High Performing Blended and Online ClassroomsHigh Performing Blended and Online Classrooms
High Performing Blended and Online Classrooms
 
Onboarding PowerPoint Presentation 4.19.2016
Onboarding PowerPoint Presentation 4.19.2016Onboarding PowerPoint Presentation 4.19.2016
Onboarding PowerPoint Presentation 4.19.2016
 
Sloan 2010, Advanced Authoring, Engaging Learners
Sloan 2010, Advanced Authoring, Engaging LearnersSloan 2010, Advanced Authoring, Engaging Learners
Sloan 2010, Advanced Authoring, Engaging Learners
 

Plus de Stanford University

Team Networks - 2022 Technology, Innovation & Great Power Competition
Team Networks  - 2022 Technology, Innovation & Great Power CompetitionTeam Networks  - 2022 Technology, Innovation & Great Power Competition
Team Networks - 2022 Technology, Innovation & Great Power CompetitionStanford University
 
Team LiOn Batteries - 2022 Technology, Innovation & Great Power Competition
Team LiOn Batteries  - 2022 Technology, Innovation & Great Power CompetitionTeam LiOn Batteries  - 2022 Technology, Innovation & Great Power Competition
Team LiOn Batteries - 2022 Technology, Innovation & Great Power CompetitionStanford University
 
Team Quantum - 2022 Technology, Innovation & Great Power Competition
Team Quantum  - 2022 Technology, Innovation & Great Power CompetitionTeam Quantum  - 2022 Technology, Innovation & Great Power Competition
Team Quantum - 2022 Technology, Innovation & Great Power CompetitionStanford University
 
Team Disinformation - 2022 Technology, Innovation & Great Power Competition
Team Disinformation  - 2022 Technology, Innovation & Great Power CompetitionTeam Disinformation  - 2022 Technology, Innovation & Great Power Competition
Team Disinformation - 2022 Technology, Innovation & Great Power CompetitionStanford University
 
Team Wargames - 2022 Technology, Innovation & Great Power Competition
Team Wargames  - 2022 Technology, Innovation & Great Power CompetitionTeam Wargames  - 2022 Technology, Innovation & Great Power Competition
Team Wargames - 2022 Technology, Innovation & Great Power CompetitionStanford University
 
Team Acquistion - 2022 Technology, Innovation & Great Power Competition
Team Acquistion  - 2022 Technology, Innovation & Great Power Competition Team Acquistion  - 2022 Technology, Innovation & Great Power Competition
Team Acquistion - 2022 Technology, Innovation & Great Power Competition Stanford University
 
Team Climate Change - 2022 Technology, Innovation & Great Power Competition
Team Climate Change - 2022 Technology, Innovation & Great Power Competition Team Climate Change - 2022 Technology, Innovation & Great Power Competition
Team Climate Change - 2022 Technology, Innovation & Great Power Competition Stanford University
 
Altuna Engr245 2022 Lessons Learned
Altuna Engr245 2022 Lessons LearnedAltuna Engr245 2022 Lessons Learned
Altuna Engr245 2022 Lessons LearnedStanford University
 
Invisa Engr245 2022 Lessons Learned
Invisa Engr245 2022 Lessons LearnedInvisa Engr245 2022 Lessons Learned
Invisa Engr245 2022 Lessons LearnedStanford University
 
ānanda Engr245 2022 Lessons Learned
ānanda Engr245 2022 Lessons Learnedānanda Engr245 2022 Lessons Learned
ānanda Engr245 2022 Lessons LearnedStanford University
 
Gordian Knot Center Roundtable w/Depty SecDef
Gordian Knot Center Roundtable w/Depty SecDef Gordian Knot Center Roundtable w/Depty SecDef
Gordian Knot Center Roundtable w/Depty SecDef Stanford University
 
Team Army venture capital - 2021 Technology, Innovation & Great Power Competi...
Team Army venture capital - 2021 Technology, Innovation & Great Power Competi...Team Army venture capital - 2021 Technology, Innovation & Great Power Competi...
Team Army venture capital - 2021 Technology, Innovation & Great Power Competi...Stanford University
 
Team Army venture capital - 2021 Technology, Innovation & Great Power Competi...
Team Army venture capital - 2021 Technology, Innovation & Great Power Competi...Team Army venture capital - 2021 Technology, Innovation & Great Power Competi...
Team Army venture capital - 2021 Technology, Innovation & Great Power Competi...Stanford University
 
Team Catena - 2021 Technology, Innovation & Great Power Competition
Team Catena - 2021 Technology, Innovation & Great Power CompetitionTeam Catena - 2021 Technology, Innovation & Great Power Competition
Team Catena - 2021 Technology, Innovation & Great Power CompetitionStanford University
 
Team Apollo - 2021 Technology, Innovation & Great Power Competition
Team Apollo - 2021 Technology, Innovation & Great Power CompetitionTeam Apollo - 2021 Technology, Innovation & Great Power Competition
Team Apollo - 2021 Technology, Innovation & Great Power CompetitionStanford University
 
Team Drone - 2021 Technology, Innovation & Great Power Competition
Team Drone - 2021 Technology, Innovation & Great Power CompetitionTeam Drone - 2021 Technology, Innovation & Great Power Competition
Team Drone - 2021 Technology, Innovation & Great Power CompetitionStanford University
 
Team Short Circuit - 2021 Technology, Innovation & Great Power Competition
Team Short Circuit - 2021 Technology, Innovation & Great Power CompetitionTeam Short Circuit - 2021 Technology, Innovation & Great Power Competition
Team Short Circuit - 2021 Technology, Innovation & Great Power CompetitionStanford University
 
Team Aurora - 2021 Technology, Innovation & Great Power Competition
Team Aurora - 2021 Technology, Innovation & Great Power CompetitionTeam Aurora - 2021 Technology, Innovation & Great Power Competition
Team Aurora - 2021 Technology, Innovation & Great Power CompetitionStanford University
 
Team Conflicted Capital Team - 2021 Technology, Innovation & Great Power Comp...
Team Conflicted Capital Team - 2021 Technology, Innovation & Great Power Comp...Team Conflicted Capital Team - 2021 Technology, Innovation & Great Power Comp...
Team Conflicted Capital Team - 2021 Technology, Innovation & Great Power Comp...Stanford University
 
Lecture 8 - Technology, Innovation and Great Power Competition - Cyber
Lecture 8 - Technology, Innovation and Great Power Competition - CyberLecture 8 - Technology, Innovation and Great Power Competition - Cyber
Lecture 8 - Technology, Innovation and Great Power Competition - CyberStanford University
 

Plus de Stanford University (20)

Team Networks - 2022 Technology, Innovation & Great Power Competition
Team Networks  - 2022 Technology, Innovation & Great Power CompetitionTeam Networks  - 2022 Technology, Innovation & Great Power Competition
Team Networks - 2022 Technology, Innovation & Great Power Competition
 
Team LiOn Batteries - 2022 Technology, Innovation & Great Power Competition
Team LiOn Batteries  - 2022 Technology, Innovation & Great Power CompetitionTeam LiOn Batteries  - 2022 Technology, Innovation & Great Power Competition
Team LiOn Batteries - 2022 Technology, Innovation & Great Power Competition
 
Team Quantum - 2022 Technology, Innovation & Great Power Competition
Team Quantum  - 2022 Technology, Innovation & Great Power CompetitionTeam Quantum  - 2022 Technology, Innovation & Great Power Competition
Team Quantum - 2022 Technology, Innovation & Great Power Competition
 
Team Disinformation - 2022 Technology, Innovation & Great Power Competition
Team Disinformation  - 2022 Technology, Innovation & Great Power CompetitionTeam Disinformation  - 2022 Technology, Innovation & Great Power Competition
Team Disinformation - 2022 Technology, Innovation & Great Power Competition
 
Team Wargames - 2022 Technology, Innovation & Great Power Competition
Team Wargames  - 2022 Technology, Innovation & Great Power CompetitionTeam Wargames  - 2022 Technology, Innovation & Great Power Competition
Team Wargames - 2022 Technology, Innovation & Great Power Competition
 
Team Acquistion - 2022 Technology, Innovation & Great Power Competition
Team Acquistion  - 2022 Technology, Innovation & Great Power Competition Team Acquistion  - 2022 Technology, Innovation & Great Power Competition
Team Acquistion - 2022 Technology, Innovation & Great Power Competition
 
Team Climate Change - 2022 Technology, Innovation & Great Power Competition
Team Climate Change - 2022 Technology, Innovation & Great Power Competition Team Climate Change - 2022 Technology, Innovation & Great Power Competition
Team Climate Change - 2022 Technology, Innovation & Great Power Competition
 
Altuna Engr245 2022 Lessons Learned
Altuna Engr245 2022 Lessons LearnedAltuna Engr245 2022 Lessons Learned
Altuna Engr245 2022 Lessons Learned
 
Invisa Engr245 2022 Lessons Learned
Invisa Engr245 2022 Lessons LearnedInvisa Engr245 2022 Lessons Learned
Invisa Engr245 2022 Lessons Learned
 
ānanda Engr245 2022 Lessons Learned
ānanda Engr245 2022 Lessons Learnedānanda Engr245 2022 Lessons Learned
ānanda Engr245 2022 Lessons Learned
 
Gordian Knot Center Roundtable w/Depty SecDef
Gordian Knot Center Roundtable w/Depty SecDef Gordian Knot Center Roundtable w/Depty SecDef
Gordian Knot Center Roundtable w/Depty SecDef
 
Team Army venture capital - 2021 Technology, Innovation & Great Power Competi...
Team Army venture capital - 2021 Technology, Innovation & Great Power Competi...Team Army venture capital - 2021 Technology, Innovation & Great Power Competi...
Team Army venture capital - 2021 Technology, Innovation & Great Power Competi...
 
Team Army venture capital - 2021 Technology, Innovation & Great Power Competi...
Team Army venture capital - 2021 Technology, Innovation & Great Power Competi...Team Army venture capital - 2021 Technology, Innovation & Great Power Competi...
Team Army venture capital - 2021 Technology, Innovation & Great Power Competi...
 
Team Catena - 2021 Technology, Innovation & Great Power Competition
Team Catena - 2021 Technology, Innovation & Great Power CompetitionTeam Catena - 2021 Technology, Innovation & Great Power Competition
Team Catena - 2021 Technology, Innovation & Great Power Competition
 
Team Apollo - 2021 Technology, Innovation & Great Power Competition
Team Apollo - 2021 Technology, Innovation & Great Power CompetitionTeam Apollo - 2021 Technology, Innovation & Great Power Competition
Team Apollo - 2021 Technology, Innovation & Great Power Competition
 
Team Drone - 2021 Technology, Innovation & Great Power Competition
Team Drone - 2021 Technology, Innovation & Great Power CompetitionTeam Drone - 2021 Technology, Innovation & Great Power Competition
Team Drone - 2021 Technology, Innovation & Great Power Competition
 
Team Short Circuit - 2021 Technology, Innovation & Great Power Competition
Team Short Circuit - 2021 Technology, Innovation & Great Power CompetitionTeam Short Circuit - 2021 Technology, Innovation & Great Power Competition
Team Short Circuit - 2021 Technology, Innovation & Great Power Competition
 
Team Aurora - 2021 Technology, Innovation & Great Power Competition
Team Aurora - 2021 Technology, Innovation & Great Power CompetitionTeam Aurora - 2021 Technology, Innovation & Great Power Competition
Team Aurora - 2021 Technology, Innovation & Great Power Competition
 
Team Conflicted Capital Team - 2021 Technology, Innovation & Great Power Comp...
Team Conflicted Capital Team - 2021 Technology, Innovation & Great Power Comp...Team Conflicted Capital Team - 2021 Technology, Innovation & Great Power Comp...
Team Conflicted Capital Team - 2021 Technology, Innovation & Great Power Comp...
 
Lecture 8 - Technology, Innovation and Great Power Competition - Cyber
Lecture 8 - Technology, Innovation and Great Power Competition - CyberLecture 8 - Technology, Innovation and Great Power Competition - Cyber
Lecture 8 - Technology, Innovation and Great Power Competition - Cyber
 

Dernier

Beauty Amidst the Bytes_ Unearthing Unexpected Advantages of the Digital Wast...
Beauty Amidst the Bytes_ Unearthing Unexpected Advantages of the Digital Wast...Beauty Amidst the Bytes_ Unearthing Unexpected Advantages of the Digital Wast...
Beauty Amidst the Bytes_ Unearthing Unexpected Advantages of the Digital Wast...DhatriParmar
 
Oppenheimer Film Discussion for Philosophy and Film
Oppenheimer Film Discussion for Philosophy and FilmOppenheimer Film Discussion for Philosophy and Film
Oppenheimer Film Discussion for Philosophy and FilmStan Meyer
 
Narcotic and Non Narcotic Analgesic..pdf
Narcotic and Non Narcotic Analgesic..pdfNarcotic and Non Narcotic Analgesic..pdf
Narcotic and Non Narcotic Analgesic..pdfPrerana Jadhav
 
ARTERIAL BLOOD GAS ANALYSIS........pptx
ARTERIAL BLOOD  GAS ANALYSIS........pptxARTERIAL BLOOD  GAS ANALYSIS........pptx
ARTERIAL BLOOD GAS ANALYSIS........pptxAneriPatwari
 
Daily Lesson Plan in Mathematics Quarter 4
Daily Lesson Plan in Mathematics Quarter 4Daily Lesson Plan in Mathematics Quarter 4
Daily Lesson Plan in Mathematics Quarter 4JOYLYNSAMANIEGO
 
Mythology Quiz-4th April 2024, Quiz Club NITW
Mythology Quiz-4th April 2024, Quiz Club NITWMythology Quiz-4th April 2024, Quiz Club NITW
Mythology Quiz-4th April 2024, Quiz Club NITWQuiz Club NITW
 
Indexing Structures in Database Management system.pdf
Indexing Structures in Database Management system.pdfIndexing Structures in Database Management system.pdf
Indexing Structures in Database Management system.pdfChristalin Nelson
 
Decoding the Tweet _ Practical Criticism in the Age of Hashtag.pptx
Decoding the Tweet _ Practical Criticism in the Age of Hashtag.pptxDecoding the Tweet _ Practical Criticism in the Age of Hashtag.pptx
Decoding the Tweet _ Practical Criticism in the Age of Hashtag.pptxDhatriParmar
 
Q-Factor General Quiz-7th April 2024, Quiz Club NITW
Q-Factor General Quiz-7th April 2024, Quiz Club NITWQ-Factor General Quiz-7th April 2024, Quiz Club NITW
Q-Factor General Quiz-7th April 2024, Quiz Club NITWQuiz Club NITW
 
How to Fix XML SyntaxError in Odoo the 17
How to Fix XML SyntaxError in Odoo the 17How to Fix XML SyntaxError in Odoo the 17
How to Fix XML SyntaxError in Odoo the 17Celine George
 
Tree View Decoration Attribute in the Odoo 17
Tree View Decoration Attribute in the Odoo 17Tree View Decoration Attribute in the Odoo 17
Tree View Decoration Attribute in the Odoo 17Celine George
 
ESP 4-EDITED.pdfmmcncncncmcmmnmnmncnmncmnnjvnnv
ESP 4-EDITED.pdfmmcncncncmcmmnmnmncnmncmnnjvnnvESP 4-EDITED.pdfmmcncncncmcmmnmnmncnmncmnnjvnnv
ESP 4-EDITED.pdfmmcncncncmcmmnmnmncnmncmnnjvnnvRicaMaeCastro1
 
ClimART Action | eTwinning Project
ClimART Action    |    eTwinning ProjectClimART Action    |    eTwinning Project
ClimART Action | eTwinning Projectjordimapav
 
Scientific Writing :Research Discourse
Scientific  Writing :Research  DiscourseScientific  Writing :Research  Discourse
Scientific Writing :Research DiscourseAnita GoswamiGiri
 
4.16.24 21st Century Movements for Black Lives.pptx
4.16.24 21st Century Movements for Black Lives.pptx4.16.24 21st Century Movements for Black Lives.pptx
4.16.24 21st Century Movements for Black Lives.pptxmary850239
 
4.11.24 Mass Incarceration and the New Jim Crow.pptx
4.11.24 Mass Incarceration and the New Jim Crow.pptx4.11.24 Mass Incarceration and the New Jim Crow.pptx
4.11.24 Mass Incarceration and the New Jim Crow.pptxmary850239
 
Expanded definition: technical and operational
Expanded definition: technical and operationalExpanded definition: technical and operational
Expanded definition: technical and operationalssuser3e220a
 
Q-Factor HISPOL Quiz-6th April 2024, Quiz Club NITW
Q-Factor HISPOL Quiz-6th April 2024, Quiz Club NITWQ-Factor HISPOL Quiz-6th April 2024, Quiz Club NITW
Q-Factor HISPOL Quiz-6th April 2024, Quiz Club NITWQuiz Club NITW
 

Dernier (20)

Beauty Amidst the Bytes_ Unearthing Unexpected Advantages of the Digital Wast...
Beauty Amidst the Bytes_ Unearthing Unexpected Advantages of the Digital Wast...Beauty Amidst the Bytes_ Unearthing Unexpected Advantages of the Digital Wast...
Beauty Amidst the Bytes_ Unearthing Unexpected Advantages of the Digital Wast...
 
Oppenheimer Film Discussion for Philosophy and Film
Oppenheimer Film Discussion for Philosophy and FilmOppenheimer Film Discussion for Philosophy and Film
Oppenheimer Film Discussion for Philosophy and Film
 
Narcotic and Non Narcotic Analgesic..pdf
Narcotic and Non Narcotic Analgesic..pdfNarcotic and Non Narcotic Analgesic..pdf
Narcotic and Non Narcotic Analgesic..pdf
 
ARTERIAL BLOOD GAS ANALYSIS........pptx
ARTERIAL BLOOD  GAS ANALYSIS........pptxARTERIAL BLOOD  GAS ANALYSIS........pptx
ARTERIAL BLOOD GAS ANALYSIS........pptx
 
Daily Lesson Plan in Mathematics Quarter 4
Daily Lesson Plan in Mathematics Quarter 4Daily Lesson Plan in Mathematics Quarter 4
Daily Lesson Plan in Mathematics Quarter 4
 
Mythology Quiz-4th April 2024, Quiz Club NITW
Mythology Quiz-4th April 2024, Quiz Club NITWMythology Quiz-4th April 2024, Quiz Club NITW
Mythology Quiz-4th April 2024, Quiz Club NITW
 
Indexing Structures in Database Management system.pdf
Indexing Structures in Database Management system.pdfIndexing Structures in Database Management system.pdf
Indexing Structures in Database Management system.pdf
 
Decoding the Tweet _ Practical Criticism in the Age of Hashtag.pptx
Decoding the Tweet _ Practical Criticism in the Age of Hashtag.pptxDecoding the Tweet _ Practical Criticism in the Age of Hashtag.pptx
Decoding the Tweet _ Practical Criticism in the Age of Hashtag.pptx
 
Q-Factor General Quiz-7th April 2024, Quiz Club NITW
Q-Factor General Quiz-7th April 2024, Quiz Club NITWQ-Factor General Quiz-7th April 2024, Quiz Club NITW
Q-Factor General Quiz-7th April 2024, Quiz Club NITW
 
How to Fix XML SyntaxError in Odoo the 17
How to Fix XML SyntaxError in Odoo the 17How to Fix XML SyntaxError in Odoo the 17
How to Fix XML SyntaxError in Odoo the 17
 
Tree View Decoration Attribute in the Odoo 17
Tree View Decoration Attribute in the Odoo 17Tree View Decoration Attribute in the Odoo 17
Tree View Decoration Attribute in the Odoo 17
 
ESP 4-EDITED.pdfmmcncncncmcmmnmnmncnmncmnnjvnnv
ESP 4-EDITED.pdfmmcncncncmcmmnmnmncnmncmnnjvnnvESP 4-EDITED.pdfmmcncncncmcmmnmnmncnmncmnnjvnnv
ESP 4-EDITED.pdfmmcncncncmcmmnmnmncnmncmnnjvnnv
 
ClimART Action | eTwinning Project
ClimART Action    |    eTwinning ProjectClimART Action    |    eTwinning Project
ClimART Action | eTwinning Project
 
Scientific Writing :Research Discourse
Scientific  Writing :Research  DiscourseScientific  Writing :Research  Discourse
Scientific Writing :Research Discourse
 
4.16.24 21st Century Movements for Black Lives.pptx
4.16.24 21st Century Movements for Black Lives.pptx4.16.24 21st Century Movements for Black Lives.pptx
4.16.24 21st Century Movements for Black Lives.pptx
 
4.11.24 Mass Incarceration and the New Jim Crow.pptx
4.11.24 Mass Incarceration and the New Jim Crow.pptx4.11.24 Mass Incarceration and the New Jim Crow.pptx
4.11.24 Mass Incarceration and the New Jim Crow.pptx
 
Faculty Profile prashantha K EEE dept Sri Sairam college of Engineering
Faculty Profile prashantha K EEE dept Sri Sairam college of EngineeringFaculty Profile prashantha K EEE dept Sri Sairam college of Engineering
Faculty Profile prashantha K EEE dept Sri Sairam college of Engineering
 
Expanded definition: technical and operational
Expanded definition: technical and operationalExpanded definition: technical and operational
Expanded definition: technical and operational
 
Mattingly "AI & Prompt Design: Large Language Models"
Mattingly "AI & Prompt Design: Large Language Models"Mattingly "AI & Prompt Design: Large Language Models"
Mattingly "AI & Prompt Design: Large Language Models"
 
Q-Factor HISPOL Quiz-6th April 2024, Quiz Club NITW
Q-Factor HISPOL Quiz-6th April 2024, Quiz Club NITWQ-Factor HISPOL Quiz-6th April 2024, Quiz Club NITW
Q-Factor HISPOL Quiz-6th April 2024, Quiz Club NITW
 

Yobo Video Team14

  • 1. Lean Launch Pad 2013.08.31 PERSONALISED PRACTICE: HOWYOU WANT. WHENYOU WANT. WHEREYOU WANT. A Health & Wellness Video Marketplace YOBO VIDEO Vanessa Resnick Roberto Soria Justin Stebbins Day 5, as of 9am
  • 2. Lean Launch Pad 2013.08.31 Key Partners Value PropositionKey Activities Customer Relationships Customer Segments ChannelsKey Resources Revenue StreamsCost Structure • Instructors (collective body) • Video Supplier (TokBox) • Symbiotic relationship partners (i.e. Lululemon for yoga) • Develop & Maintain the Platform • Acquire instructors • Acquire members Instructors • More Customers • More Revenue • No Studio Costs • Access to Global Customer Base • Ability to market, manage schedule and collect payment in one place • Flexible hours • Automated / Self-Serve • Co-creation • Communities Instructors • Full-time professionals, but with excess capacity • Part-time professionals, looking for evening or weekend work • Professionals in low cost areas (i..e rural or developing countries) looking for higher rates Online • SEO and PPC • Social Media Word of Mouth • Instructors • References • Platform • (Eventual) Network Effect • Fixed Operational costs for platform development and maintenance • Fixed Operational Overhead costs (rent, utilities, etc.) • Variable costs associated with bandwidth / server usage • Variable costs associated with customer acquisition & demand creation • Transaction Commissions (charged to Instructor) • Advertising (potentially) Users • Busy professionals • Long Commutes • Odd hour workers • Stay at home moms • Parents with infants • Cost Sensitive, but want personalise instruction • Need specialists, but live far away • Frequent Travellers Users • Saves Time / Convenience • Flexible Hours • Cheaper • Personalised Instruction • Access • Enabling instructors and users of H&W services to conduct online virtual sessions Day 1 Canvas
  • 3. Lean Launch Pad 2013.08.31 Key Partners Value PropositionKey Activities Customer Relationships Customer Segments ChannelsKey Resources Revenue StreamsCost Structure • Instructors (collective body) • Video Supplier (TokBox) • Symbiotic relationship partners (i.e. Lululemon for yoga) • Develop & Maintain the Platform • Acquire instructors • Acquire members Instructors • More Customers • More Revenue • No Studio Costs • Access to Global Customer Base • Ability to market, manage schedule and collect payment in one place • Flexible hours • Automated / Self-Serve • Co-creation • Communities Instructors • Full-time professionals, but with excess capacity • Part-time professionals, looking for evening or weekend work • Professionals in low cost areas (i..e rural or developing countries) looking for higher rates Online • SEO and PPC • Social Media Word of Mouth • Instructors • References • Platform • (Eventual) Network Effect • Fixed Operational costs for platform development and maintenance • Fixed Operational Overhead costs (rent, utilities, etc.) • Variable costs associated with bandwidth / server usage • Variable costs associated with customer acquisition & demand creation • Transaction Commissions (charged to Instructor) • Advertising (potentially) Users • Busy professionals • Long Commutes • Odd hour workers • Stay at home moms • Parents with infants • Cost Sensitive, but want personalise instruction • Need specialists, but live far away • Frequent Travellers Users • Saves Time / Convenience • Flexible Hours • Cheaper • Personalised Instruction • Access • Enabling instructors and users of H&W services to conduct online virtual sessions • Accountability • Cheaper Personalised Instruction • Ability to try new styles / methods / instructors • Female, 18 to 40 • Not hardcore fitness fanatic / athlete • Don’t live close to a gym • Disabilities, have trouble leaving house + + + ++ + +++ ++ ++ x + + + x + + + + + + Day 2 Canvas
  • 4. Lean Launch Pad 2013.08.31 What We Thought • Both men and women would be interested • Flexible hours would be an attractive • People with long commute would be attracted to the service • Stay at home mothers and mothers with infants would be a large user group • Instructors would be interested in the service (more revenue, customers, etc.) What We’ve Learned, thus far • Females are interested, far more than males, and aged 18 to 40 (range will probably be narrowed, so far we’ve mainly spoken to late 20’s / early 30’s) • Personalized instruction at a cheaper price seems to resonate with the enthusiastic • Like the idea of some sort of real time feedback • Accountability is a major value proposition for users • Current hardcore fitness fanatics (i.e. 4+ intense sessions per week, including cross fit) are not users of this services, they A) believe they know what to do and/or B) the exercise (cross fit) isn’t suitable to online sessions (need space, spotter, etc.)) • People who have long commutes to work aren’t necessarily interested because of the long commute to work, but rather are interested if they have a long commute to the gym • Only spoken with one so far, but she actually like going to the gym as it was a chance for her to get out of the house and have some social interaction with the outside world (note: gym had a baby sitter) Day 2 Canvas
  • 5. Lean Launch Pad 2013.08.31 Key Partners Value PropositionKey Activities Customer Relationships Customer Segments ChannelsKey Resources Revenue StreamsCost Structure • Instructors (collective body) • Video Supplier (TokBox) • Symbiotic relationship partners (i.e. Lululemon for yoga) • Develop & Maintain the Platform • Acquire instructors • Acquire members Instructors • More Customers • More Revenue • No Studio Costs • Access to Global Customer Base • Ability to market, manage schedule and collect payment in one place • Flexible hours • Automated / Self-Serve • Co-creation • Communities Instructors • Full-time professionals, but with excess capacity • Part-time professionals, looking for evening or weekend work • Professionals in low cost areas (i..e rural or developing countries) looking for higher rates Online • SEO and PPC • Social Media Word of Mouth • Instructors • References • Platform • (Eventual) Network Effect • Fixed Operational costs for platform development and maintenance • Fixed Operational Overhead costs (rent, utilities, etc.) • Variable costs associated with bandwidth / server usage • Variable costs associated with customer acquisition & demand creation • Transaction Commissions (charged to Instructor) • Advertising (potentially) Users • Busy professionals • Odd hour workers • Stay at home moms • Parents with infants • Cost Sensitive, but want personalise instruction • Need specialists, but live far away • Frequent Travellers • Females, 18 to 40 • Not hardcore fitness fanatics / athletes • Don’t live close to a gym / studio • Disabilities, have trouble leaving the house Users • Saves Time / Convenience • Flexible Hours • Cheaper Personalise Instruction • Access • Accountability • Ability for Variety • Enabling instructors and users of H&W services to conduct online virtual sessions • Ability to learn how to cook healthy + + + ++ ++ x + + + x + + + + + + + ++ + + + + + + • Early to mid-level professionals • Currently doing some sort of yoga / pilates • Seldom or not using a personal instructor • Earn less than <250k (would just do regular personal trainer) • Commute is less than 20 minutes OR greater than 45 • Fitness / hardcore athletes that want to learn how to cook ++ + + + ++ + + + + + + + ++ + + + + + Day 3 Canvas
  • 6. Lean Launch Pad 2013.08.31 What We Thought (after day 1 / 2) • Flexible hours would be an attractive • After day 1 / 2, we didn’t think long commuters would be interested • Stay at home mothers and mothers with infants would be a large user group • Women, more than men, would be the most interested What We’ve Learned, thus far • Potential users seem to make less than $250k (already using personal trainers regularly) • Cost and Time / Schedule Flexibility are almost equally important, both seem to be the primary drivers • Users like the idea of some sort of real time feedback / interaction, beyond what they receive in a class • Users with busy schedules / odd hours that want personal instruction, but can’t find a schedule that works • People with commute times between 20 and 45 minutes do not seem to be users (7 out of 10 said no!). • Mixed reviews from mothers w/ infants and stay at home moms. Does not seem to be a driver given our current sample base Day 3 Canvas
  • 7. Lean Launch Pad 2013.08.31 Key Partners Value PropositionKey Activities Customer Relationships Customer Segments ChannelsKey Resources Revenue StreamsCost Structure • Instructors (collective body) • Video Supplier (TokBox) • Symbiotic relationship partners (i.e. Lululemon for yoga) • Develop & Maintain the Platform • Acquire instructors • Acquire members Instructors • More Customers • More Revenue • No Studio Costs • Access to Global Customer Base • Ability to market, manage schedule and collect payment in one place • Flexible hours • Automated / Self-Serve • Co-creation • Communities Instructors • Full-time professionals, but with excess capacity • Part-time professionals, looking for evening or weekend work • Professionals in low cost areas (i..e rural or developing countries) looking for higher rates Online • SEO and PPC • Social Media Word of Mouth • Instructors • References • Platform • (Eventual) Network Effect • Fixed Operational costs for platform development and maintenance • Fixed Operational Overhead costs (rent, utilities, etc.) • Variable costs associated with bandwidth / server usage • Variable costs associated with customer acquisition & demand creation • Transaction Commissions (charged to Instructor) • Advertising (potentially) Users • Busy professionals • Odd hour workers • Stay at home moms • Parents with infants • Cost Sensitive, but want personalise instruction • Need specialists, but live far away • Frequent Travellers • Females, 18 to 40 • Not hardcore fitness fanatics / athletes • Don’t live close to a gym / studio • Disabilities, have trouble leaving the house Users • Saves Time / Convenience • Flexible Hours • Cheaper Personalise Instruction • Access • Accountability • Ability for Variety • Ability t learn how to cook healthy • Enabling instructors and users of H&W services to conduct online virtual sessions • Remote monitoring • Private Class / not- embarrassed + + + ++ ++ x + + + + + + + + + + ++ + + + + + + • Early to mid-level professionals • Currently doing some sort of yoga / pilates • Seldom or not using a personal instructor • Earn less than <250k (would just do regular personal trainer) • Commute is less than 20 minutes OR greater than 45 • Fitness / hardcore athletes that want to learn how to cook ++ + + + ++ + + + + + + + ++ + + + + + + + • -Middle Aged males, haven’t done yoga before and want private class • Middle aged females, in suburbia who are already doi class/video • -Sport rehab + therapists can stay in touch with clients not based in town (i.e. London / middle eastern) • Kids (parents want it) + + +++ +++ + ++ + + + + +++ + +++ ++ + + Day 4 Canvas
  • 8. Lean Launch Pad 2013.08.31 What We Thought (after day 3) • Males would not be interested • Would mainly be for not heavily trained services (i.e. Yoga, Nutritionist, Pilates, etc). • Service would not be for kids What We’ve Learned, thus far • Middle aged men who want to learn yoga, but are embarrassed to go to classes are interested. • Middle aged women in suburbia are interested • Professional Therapists • Use it to “monitor patients” (i.e. make sure they do their rehab by scheduling appointments online) • Have patients who travel to city (i.e. London from Middle east) for treatment, then return from to their home (middle east). • Parents are want to have their kids do it • Tweaked (future) feature to facilitate customer acquisitions Day 4 Canvas
  • 9. Lean Launch Pad 2013.08.31 Key Partners Value PropositionKey Activities Customer Relationships Customer Segments ChannelsKey Resources Revenue StreamsCost Structure • Instructors (collective body) • Video Supplier (TokBox) • Develop & Maintain the Platform • Acquire instructors • Acquire members Instructors • More Revs / Customers • Access to Global Customer Base • Remote Monitoring • Automated / Self-Serve • Co-creation • Communities Instructors • Full & Part-time professionals w/ extra capacity • Professionals in low cost areas (i..e rural or developing countries) looking for higher rates • “low mantenance” Physical Therapists • NOT full-time, fully scheduled / large studios Online • SEO and PPC • Social Media Word of Mouth • Instructors • References • Platform • (Eventual) Network Effect • Fixed Operational costs for platform development and maintenance • Fixed Operational Overhead costs (rent, utilities, etc.) • Variable costs associated with bandwidth / server usage • Variable costs associated with customer acquisition & demand creation • Transaction Commissions (charged to Instructor) • Advertising (potentially) Users • Early to mid career professionals ??<income<$250k • Long and Odd hour workers • Currently doing some sort of yoga / pilates • Pregnant / post pregnancy • Suburban Parents w/ kids • Females, 20 to 40, needing motivation and want personal feedback • Not hardcore fitness fanatics / athletes • Don’t live close to a gym / studio Users • Saves Time / Convenience • Flexible Hours • Cheaper Personalise Instruction • Access • Accountability • Ability for Variety • Ability t learn how to cook healthy • Private Class / Not- embarrased • Enabling instructors and users of H&W services to conduct online virtual sessions + ++ ++ + + + + + + + + ++ + + + + + + • Already doing some for of exercise, 2 – 4 times a week, often times yoga/pilates as well • NOT consistently using a Personal trainer • Commute is less than 20 minutes OR greater than 45 • Fitness / hardcore athletes that want to learn how to cook • 30 to 55 yr males, never done yoga before , • Kids (parents want) • 30 to 55 yr females in suburbia who are already y doing yoga classes / video • Have disability, trouble leaving the house • “low maintenance” rehab patients ++ + + + + + + ++++ + ++ + + + +++ + + + ++ +++ Day 5 Canvas (note: CR is covered) ++ + + + + + + + + + + + + + ++ + + + + + + + + + + ++ + + + + + + + + + + + + ++ + + + ++ +
  • 10. Lean Launch Pad 2013.08.31 Users D1 D2 D3 D4 D5 Total # Spoken to: 10 8 13 6 37 Evangilists 1 2 1 4 Early Adopter 1 2 5 4 12 Late Adopter 3 3 2 8 Not Interested 5 3 4 1 13 Total 10 8 13 6 0 37 % of EV / EA's 20.0% 25.0% 53.8% 83.3% #DIV/0! 43.2% % of Yoga / US Pop 6.3% Instructors Day 1 Day 2 Day 3 Day 4 Day 5 Total # Spoken to: 3 0 7 1 11 Evangilists 1 1 2 Early Adopter 2 2 1 5 Late Adopter 0 2 2 Not Interested 0 2 2 Total 3 0 7 1 0 11 Total 13 8 20 7 0 48 1 would be an EA if healthy cooking sessions were available
  • 11. Lean Launch Pad 2013.08.31 Value Prop Customer Segment • Affordable Personalised Instruction • ????<Income<250k • Convenience / flexibility / time saving • Early and mid-level professionals • Access • Have disability and are not able to easily leave the house • Accountability / Motivation • Already doing occasional exercise or some classes • Longer or Odd working hours WORK IN PROGESS • Learn to healthy cooking • Hardcore athlete / fitness fanatics • Privacy / lack of embarrasment • Middle Aged Men • (others – overweight?) • Physical Rehab / Monitor • “Low Maintenance”Physical Therapists / Patients • Suburban moms / middle age • Pregnant / post pregnancy • Kids (Parents want it) • Parents want it (why???)
  • 12. Lean Launch Pad 2013.08.31 Get • Direct / Online (Google Adwords) • Initial acquisition of instructors through direct emailing • Provide Instructors with Social and Email Promotions Tools • Provide Users with Group Buying Tools (See follow on feature) Keep • Users: provide with Calorie & Exercise tracking ap • Instructors: provide with Scheduling Management Tools • Enable the ability for users and trainers to connect & follow • Allow the formation of support groups and communities • Receive Daily/Periodic Tips Grow • Increase intermediation fee (initially greater of $1 or 2%, per transaction) • Add Additional Features (see next slide) • Add additional markets (slide to follow) • Sale of Vitamins and Nutrition ($11B US market) • Sale of heath food and food plans ($100B+ US market) Sale of fitness clothing ($10B+ US market) • Targeted advertising (how much are pregnant women worth to retailers?) • “Sponsored Advertising” among instructors
  • 13. Lean Launch Pad 2013.08.31 Follow-On Features
  • 14. Lean Launch Pad 2013.08.31 5/10/100+ UsersVideo (i.e. Skype) The Virtual Class: One to Many (future) Each at home Instructor Video Classes • Allow live classes to be conducted – 1 instructor to many (i.e. 5 / 10 / 100+ users, all in their home) • Provide users with a tool & incentive for them to book and market a class • (I.e User posting to facebook “Join me! I’ve book a private class for $50 and need 4 more people, $10 each!!! This Saturday at 9am. www.yobo.com • Intermediation fee taken from instructor • note: group video session cost YoBo money (1 to 1 sessions are free)
  • 15. Lean Launch Pad 2013.08.31 The Instructor Video Subscription Instructor Video Subscription • Instructors record and upload a series of their OWN video workouts. • Initially provided with a particular amount of free storage, then charged a monthly subscription fee beyond the limit • Users are able to subscribe to a given Instructor, paying a monthly fee (i.e. $5) for unlimited access to videos • Intermediation fee is taken from each monthly subscription (Instructor pays) Instructor Certification Verification Create the Ability for Instructors to Verify and Promote their Certification Credentials • Provides some users comfort, allowing the Instructor to receive higher rates
  • 16. Lean Launch Pad 2013.08.31 Market
  • 17. Lean Launch Pad 2013.08.31 Market Size Estimates: It’s Big Yoga Market (Yoga Paws* and Yoga Journal** ) 82% of people who practice yoga are women •23-34 year olds make up 40% •35-55 year olds make up 41% Approximately 70,000 instructors People who practice yoga often have a median income of $75,000 or higher and are looking for health benefits and stress reduction  Around 20M Yoga practitioners (Yogajournal.com – 2012) 8.7% of US Adults  Total Available Market (hypothesis): 1 class per week, $10 per class = $10B * http://www.yogapaws.com/market-analysis/ ** http://www.prnewswire.com/news-releases/yoga-journal-releases-2012-yoga-in-america-market-study-182263901.htm
  • 18. Lean Launch Pad 2013.08.31 US Yoga Market Size Estimates Total Available Market Target Market Served Available Market Total Available Market: $10B (20mn x 1 class / wk @ $10/class x 50 wks) Served Available Market (How many people need/can use product?): $2B (Hypothesis: 10% of seg. 1, 30% of seg. 2, 20% of seg. 3) Target Market (first 3 years): $1.6B (30% of segment 2 and 20% of 3) Segment 1 Segment 2 Segment 3 Segment 4 Description Women 23-34 Women 35-55 Men Yoga Instructors Size 41% 42% 17% Approx. 70,000 Age Range 23-34 35-55 Any Any People/ Influences Friends and family, Entertainment industry, (Magazines, celebrities) Co-workers, Yoga instructors, Magazine articles Family and friends, Yoga instructors Yoga studio, Yoga school, Co-workers
  • 19. Lean Launch Pad 2013.08.31 Disruptable H&W Services Fitness WellnessNutrition Spiritual • Yoga • Pilates • Elderly workout • Tai Chi • Spinning • Mat exercises (i.e. Buns & Tums) • Aerobics/Zumba • Weights/Trainer • “Low Maintenance” Rehab • Weight Loss (MOTIVATION) • Elderly • Diabetic • Sports • Heart / high blood pressure • Vegetarian • Other Disorders (i.e. Celiac) • Stress management • Sleep coaching • Meditation • Life coach • Smoking Sessation • Astrology • Career Forecasts • Dream Analysis • Fortune Telling • Kabbalah • Love & Relationships • Palm Reading • Past Life Reading • Psychic Reading • Religion • Sex & Intimacy • Tarot Reading Beauty & Fashion (Hair, Make-up, Dress) and Cooking as well
  • 20. Lean Launch Pad 2013.08.31 Market Size Estimates: It’s Big • $28bn by 2016 for Health & Fitness Clubs according to IBISWorld • $7bn in 2012, growing at 7.7% - US Yoga market according to IBISWorld • “There are no companies with dominate market share in this industry” • Notable Diet / Nutrition Companies • $2.4bn - Jenny Craig • $1.8bn - Weight Watchers • Notable Supplement Companies • $2.4bn - GNC • Notable Gym / Fitness Providers • $1.0bn - Bally’s • $1.1bn – LifeFitness • $0.7bn - 24hr Fitness
  • 21. Lean Launch Pad 2013.08.31 Where are the metabolically challenged? Hint: They probably speak English….
  • 22. Lean Launch Pad 2013.08.31 $Bn's US Int'l WW Pilates & other Total Fitness Sessions Market Yoga TAM 10.0 50% 15.0 10% 16.5 Jenny Craig Total Revs 2.4 % of Nutrition Consulting 40% $ of Consulting 0.96 Weight Watchers Total Revs 1.8 % of Nutrition Consulting 40% $ of Consulting 0.72 Total WW and JC 1.68 % of Total market 50% Total Nutritional Market 2.52 2.52 Total Addressable market 19.02 Does not include: Advertising (sponsored listings or banner ads) Sell of products, vitamins and Nutritional food plans (a la weight watchers) If extrapolating beyond US YOGA
  • 23. Lean Launch Pad 2013.08.31 Next Steps
  • 24. Lean Launch Pad 2013.08.31 Refine / Narrow initial targeted Segment through more experiments (also learn how much it will cost to acquire) • Google Adwords  LaunchRock Landing Page (collect email addresses) • Pregnant / post labor • Yoga for Kids • Accountability • Yoga for Men • Etc. • Yoga in the Park / Subway / Community Space • Craigslist to Test for Regional Preferences • Square Foot Per House Trends (i.e. Texas vs. Manhattan) • Distance to Gym / Studio • Studio density • Fitness lifestyle • Etc. Attempt to create viral content for Demand Creation • Amass a list of Instructors that could be potentially interested • Provide them with “early beta access” to ensure users can find instructors Attempt to create viral content for Demand Creation • Short Funny Videos for each customer segment and/or Value Prop? • Short Insensitive Videos for each customer segment and/or Value Prop?
  • 25. Lean Launch Pad 2013.08.31 What kind of company are we: Start up that is searching for a product / market fit and for which customers segments that fit occurs; once identified, if we can attract a sufficient number of customers in a profitable and repeatable manner.
  • 26. Lean Launch Pad 2013.08.31 Proposed Hypothesis: The largest category of users for yoga/pilates will be females aged 18-44. Experiment: An email will be sent to distribution list from our network that says the following: “We are hosting one on one personal yoga sessions via the computer from your home on Thursday at a time of your choice for $20, we have only 5 spots available, first come first serve.” We will likely send this email out multiple times with different prices. Pass/Fail: a complete fail would be if no one responds at any price level. A fail of our hypothesis (the user group is female) but not a complete fail would be if the majority of the responders is not female aged 18-44.
  • 27. Lean Launch Pad 2013.08.31 Proposed Hypothesis: The average person would think $20 is inexpensive for this service compared with all alternatives. Experiment: Using the previously described experiment but sending only to distribution list of yoga users. Pass/Fail: if the number of responders for $20 is much lower than $10 or the number of responders at $30 is not different from $20 our hypothesis is wrong.
  • 28. Lean Launch Pad 2013.08.31 Proposed Hypothesis: The farther a person has to travel to go to a gym or training session, the more appealing it is to work out from home via computer. Experiment: Using a sample of people from launch.com, we will ask each person to make a choice between two options: a one on one yoga session with an instructor in person and a session via the computer with the same trainer. We will vary the amounts of time it will take to get to the personal trainer along with varying costs for each option. Pass/Fail: if there is a correlation with both the difference one is willing to pay for computer training and commute to gym as well as absolute amount to paid for in home training it will be a pass. If there is no correlation (or negative) it will be a fail.
  • 29. Lean Launch Pad 2013.08.31 Proposed Hypothesis: If a person likes taking classes from a specific trainer, he/she will be more likely to take an online class with that trainer. Experiment: Host a free yoga session in one of the parks in NYC. After the class, ask each participant if they would like to book an online session (and pay) with the trainer. If they say yes, ask if they would prefer to book an online session with a different trainer at a slightly lower price point. Pass/Fail: A fail would be if no participants in the class are willing to pay for a follow up session or if the majority of people willing to take the session would prefer a slightly lower price for an unknown person.