Redefine Your Company Based on the Company You Keep
Skydeo COO Eric Simon presented Skydeo’s AppGraph & PlacesGraph solutions for a packed house at Mercedes Arena in Stuttgart today. Skydeo’s unique mobile insights helps auto makers better understand their car buyers mobile interests and behaviors in different regions around the globe.
Skydeo’s Eric Simon presenting in German at Startup Autobahn.
STARTUP AUTOBAHN is the ultimate innovation platform that unites global young tech companies with the unrivalled tech expertise of Silicon Valley and the best of German engineering. We are a neutral innovation platform moderating an in-depth and curated collaboration between our partners from the industry and young tech companies. Our network of investment firms and mentors further helps the growth of tech companies. Our home is Stuttgart – the birthplace of the automobile, one of the leading IP regions of the world, and a hub of business, engineering, and groundbreaking inventions.
Our namesake is the high-speed German highway – the only one in the world without a speed limit. And just like the Autobahn, STARTUP AUTOBAHN is about accelerating joint projects between young tech companies and our corporate partners.
Skydeo participated in the Marketing and Sales groups discussions regarding
Connection of Online and Offline Commerce
STARTUP AUTOBAHN partners and attendees included: Plug & Play, Daimler, Porsche, Hewlett Packard Enterprise, DXC Technology, BASF, ZF Friedrichshafen, Deutsche Post DHL Group, Webasto, Murata, HELLA, BENTELER, The Linde Group, AGC Glass, Wieland, PostNL, Jardines Matheson, CEPSA, and Covea.
Dropbox and Spotify going public is good news for the mobile marketplace so we decided to compare the two apps and their users in Skydeo. Skydeo surveyed over 250 million users from our panel of 875 million uniques. We also tracked new app downloads during October & November 2017 for both sets of apps.
12% of Dropbox users had Spotify.
Dropbox users were 48% more likely to have Spotify installed than non-Dropbox users
22% of Spotify users had Dropbox.
Spotify users were 57% more likely to have Dropbox installed than non-Spotify users.
Our future growth could be harmed if we fail to attract new users or convert registered users to paying users.
We must continually add new users to grow our business beyond our current user base and to replace users who choose not to continue to use our platform. Historically, our revenue has been driven by our self serve model, and we generate more than 90% of our revenue from selfserve channels. Any decrease in user satisfaction with our products or support could harm our brand, word of mouth referrals, and ability to grow.
Additionally, many of our users initially access our platform free of charge. We strive to demonstrate the value of our platform to our registered users, thereby encouraging them to convert to paying users through in product prompts and notifications, and time limited trials of paid subscription plans. As of December 31, 2017, we served over 500 million registered users but only 11 million paying users. The actual number of unique users is lower than we report as one person may register more than once for our platform. As a result, we have fewer unique registered users that we may be able to convert to paying users. A majority of our registered users may never convert to a paid subscription to our platform.
In addition, our user growth rate may slow in the future as our market penetration rates increase and we turn our focus to converting registered users to paying users rather than growing the total number of registered users. If we are not able to continue to expand our user base or fail to convert our registered users to paying users, demand for our paid services and our revenue may grow more slowly than expected or decline.
Based on Dropbox new app downloads during October & November, their ability to attract new users is strong. It will be interesting to see if the IPO hype increases new downloads over time.
Dropbox has a magical business model and the data in the S-1 proves it. The company reports that “we generate over 90% of our revenue from self-serve channels”. Think about that for a minute. The free product is so attractive that it drives massive adoption and the conversion from free to paid is so obvious and smooth (more usage leads to more storage leads to paid product) that the company has a customer acquisition engine that derives from a simply great product and a compelling value proposition. Forget sales and marketing, at Dropbox, the product itself is a massively effective and efficient customer acquisition machine.
Does it cost too much to service all these free customers? Happily, Dropbox is following a cost curve of declining storage and cloud costs. Gross margins have soared from 33% in 2015 to 54% in 2016 to 67% in 2017. If a CEO tells you she is going to increase gross margins from 33% to 67% in two years on a $1 billion revenue business, you would check her in to an insane asylum. Dropbox did it easily.
Lyft recently raised $1.5 Billion to grow their ride sharing business and steal market share from Uber, the incumbent in the space. A key factor in driving rides and revenue is the number of drivers available or “Share of Drivers”. Skydeo surveyed ride sharing apps, analyzed each group of users and the overlap between them. We discuss these results in an Uber at CES in Las Vegas with a driver of both Lyft and Uber.
In a Skydeo AppGraph survey of Lyft Drivers, 65% of Lyft Drivers also used the Uber Driver app. In comparison, just 3.9% of all Uber Drivers also use Lyft Driver.
Lyft certainly has room to grow by stealing market share from Uber Drivers or at least co-existing with those drivers. Uber remains the market leader in terms of gross Uber Drivers and Riders.
Google Adwords Remarketing enables advertisers to target app users (Apple IDFA or Android Ad ID lists) and CRM data (email lists) directly via the Adwords interface. Skydeo AppGraph enables advertisers to use custom audience lists (IDFA/AAID) for targeting users directly through Adwords. While technologically the same implementation- using Skydeo custom audiences lets advertisers target prospects not just existing app users or website visitors. For marketers looking to conquest competitors or tailor creatives to specific audience attributes this feature can drive huge performance returns.
How do I target mobile ad ids in Google?
Sign in to AdWords
Click Shared Library.
4. Click Mobile App Users
5. Click upload advertising IDs/IDFAs
6. Select the CSV file containing your custom audience list
File uses the .csv format and is no more than 100MB
Android advertising IDs or iOS IDFAs are listed one per line
7. Name your file.
8. You may need to select an app (choose your own or another).
9. Include a description of the custom audience.
10. Upload the list.
11. Add your “Mobile app users” list to your campaign or start a new campaign.
12. To show ads on the Display Network, add your list to a “Display Network only” campaign.
13. Open the campaign, click the Display Network tab and click + Targeting
14. Choose your campaign and ad group.
15. Click “Add targeting” and select “Interests and remarketing,” then click “Remarketing lists” and select a list.
16. Click Save
Contact Skydeo today to for a custom mobile audience for your data-driven marketing.
Facebook, Twitter and Snapchat have been using the app inventory of mobile devices (or AppGraph) to drive targeting and performance for advertiser campaigns for a while. YouTube has also joined the ranks of top publishers using the AppGraph to drive results.
Diya Jolly, Senior Director of Product Management at YouTube
According to TheDrum: Diya Jolly, director of product management at YouTube and product lead for monetizing the site, detailed the launch of the new tools: Custom Affinity Audiences; Director Mix; Video Ad Sequencing; plus updates to how it works with measurement tools from Nielsen and Oracle.
Custom Affinity Audiences is a targeting tool that lets advertisers segment and target YouTube viewers based on intention signals derived from their search history or the kind of mobile apps they have installed.
Earlier this year, YouTube also eliminated the use of 3rd Party pixels from the platform. For marketers who used cookie-based ad serving or DSPs, the impact was immediate and reduced their cross-device capabilities.
Walled Garden: When YouTube was just a bunch of home videos of kids falling off skateboards, Google made YouTube very open. Now, YouTube is one of the premier platforms for video content distribution so stopping data leakage became a priority. The combination of Custom Affinity Audiences and eliminating 3rd Party pixels clearly demonstrates YouTube is setting itself up as a walled garden where you can target all sorts of data but you can’t take it with you.
Skydeo AppGraph for In App Ad Sales
Imagine you run ad sales or ad operations for a publisher selling video ad units or rewarded video. Maybe you offer advertisers some interesting first party data (like a rainy day segment from a weather app) but chances are the targeting options your company is offering is the same as they were on desktop – placement, volume, some outdated cookie audience metrics from Comscore or Nielsen.
Facebook and YouTube have raised the bar with superior targeting capabilities. Advertisers can reach their competitors’ users directly as well as drive high value, look-alike audiences from affinity insights. Assuming you have the audience and scale, how do you plan to compete without the same type of targeting?
For publishers looking to close more in app opportunities in Q4, Skydeo AppGraph lets you respond intelligently to RFPs and sell/serve ads just like Facebook/YouTube. Whether by single campaign or always on, we can easily integrate with your ad server, DFP or DMP.
Skydeo, Inc. has announced the acquisition of the assets of Mobile Audiences today. Skydeo is the fastest growing mobile data company offering over 620 million unique mobile devices for mobile marketers to target campaigns. The acquisition will fuel Skydeo’s data expansion and customer base of leading brands, agencies and data providers.
“Skydeo’s clients and partners rely on us to lead our industry so it makes sense for us to own the name of our market and MobileAudiences.com,” said Mike Ford, Skydeo CEO.
Mobile Audiences enable advertisers to improve campaign performance by serving targeted advertisements to mobile users based on a variety of anonymous device attributes including app ownership, carrier, location, device make and model plus real world places visited. Skydeo combines deterministic mobile audiences with traditional data based on age, gender, income, net worth and other attributes to drive targeting, behavioral insights and mobile media planning.
Skydeo provides mobile audience data and insights to brand advertisers, agencies and their platforms in auto, retail, tech, gaming and financial services. For publishers and app developers, Skydeo offers data monetization and audience validation solutions. https://skydeo.com/