1. Bring the fun of Karaoke to you
Anytime. Anywhere.
www.douyak.tv
2. The Problem
Source: User Survey based on 85 people
3. Market Size
Source: Google AdWords
From our survey, about 10% of KTV goers will search online,
Total available market = USD$21bn
Total addressable market = USD$2.1bn
4. The Challenge
• Licensing of content is difficult and
expensive
• Must understand what the users are
willing to pay for
• Advertising revenue alone is not enough
5. Our Approach
• Customer Discovery Model – Five Steps to
Epiphany, Steve Blank
• The Lean Start-Up Model, Eric Ries
6. Customer Discovery – Phase 1
Features: Turn on/off vocal, microphone, list of artists and
songs
What our users told us: Difficult to find artists and songs,
unappealing user interface
So we added search bar with auto-complete functionality and
revamped user interface
7. Customer Discovery – Phase 2
Added features: Search bar with auto-complete functionality,
organized artist list
What our users told us: not working on Internet Explorer, no
playlist, lack social interaction
So we supported all browsers, added playlist, implemented
Facebook Connect and Recommendation, launched Google
AdWords and Facebook Ads campaign
8. Customer Discovery – Phase 3
Added features: Playlist, Facebook Connect and
Recommendation, browser support
What our users told us: not enough songs, songs not up to
date, they want to upload songs
So we are going to let users upload songs, aggregate content
from other hosting websites like Tudou
9. Our Current Product
• Web-based Karaoke
• Currently streaming music videos from
YouTube
• Search song or artist name
• Playlist
• Facebook integration
DEMO
11. Go To Market Strategy
• Continue to provide Douyak.tv for free
under Digital Millennium Copyright Act
(DMCA)
• Continue to iterate and improve our
product
• License and monetize by region in a
year’s time
22. Differentiation
• Personalized song collection
Ability to upload and store own collection of
music videos
Expand our database
Exclusive or interesting content creates a great
source of traffic
Obtain SEO for hard-to-find songs
23. Competition
• VS. Physical KTV (well-established, widely
adopted)
Anytime. Anywhere. Affordable.
An alternative, not substitute
• VS. Karaoke software (no prominent player)
No hassle of download/install
• VS. other online Karaoke service (no
prominent player)
Original music videos
24. Founding Team
• Tianwei Liu (Singaporean): front-end and
back-end programming
• Samuel Li (Singaporean): front-end and
back-end programming
• Penny Ng (Malaysian): Graphics, UI design
• Fish Zhou (Chinese): Marketing
25. Exit Strategy
• Acquisition by online video platforms (to
monetize their videos)
YouTube (Worldwide), Youku/Tudou (China), Nate
Video (Korea)
• Acquisition by label companies (to popularize
their music)
Sony Music Entertainment (Worldwide), EMI
Music(Hong Kong/Mainland China), Rock Records
(Taiwan)
• Acquisition by physical KTVs (to target a
different market segment)
Premium/value-added service
27. Special Thanks To …
1) Professor Tom Kosnik– The models learned from his GEM and NVC
classes help us formulate our business plan.
2) Professor Steve Blank – For his valuable time in providing consultant to
our business.
3) Mark Sin – For being our coach and judge and also providing feasible
ideas for our business.
4) Yee Gan – For being our coach and judge and also providing feasible ideas
for our business.
5) The NVC Teaching Team – For their interesting lessons which gave us
ideas on how to proceed with our business
Bibliography
1) 4 Steps to Epiphany – Steven Gary Blank
2) The Lean Start-Up Model – Eric Ries
33. Value Proposition
• Karaoke-on-Demand
Anytime. Anywhere.
• Intelligent Search Engine for Songs
Huge database of songs
Auto-complete queries for easy search
• Integrates the social element of singing
Facebook Recommendation & Share
•Personalized Song Collection
Upload and store songs