make it pay: how to turn tv viewers into paying customers
TRANSCRIPT
Tom McDonnellCEO & co-founder, Monterosa @tommcdonnell @monterosalondon
“How to turn TV viewers into paying customers: two examples”
Realtime TV interaction is an untapped acquisition funnel
Getting it wrong is easy, but getting it right isn’t that hard.
First, you need a great TV show or event and a free interactive experience.
“Endemol & Channel 4's app for the Million Pound Drop game show has been the poster child for second screen apps”The Guardian
Then you need a very persuasive Call to Action “come on, even my
Dad plays along!”
>2,500,000 UK app users
Endemol & Channel 4’s Million Pound Drop Live
Finally you need to offer a relevant, paid option for superfans.
Playing “Anytime” is a paid upgrade
10% pay(industry average below 3%)
Here’s another example, this time in sport.
The Grand National is the UK’s biggest racing event, with over
£300m bet on just one chaotic race. But there’s one major problem…
Dude, where is my horse?
We work with Turftrax’s live tracking data to make the Grand National
experience better for mainstream fans. It’s called Horse Tracker and it’s about
to enter its second year…
Track the speed, position and direction of any horse, in realtime and in sync with TV.
#1 App with 165,000 instant app installs
And now the revenue-generating part you’ve been
waiting for…
You guessed it: in-app betting odds funnel the audience to the bookmaker’s app. An efficient acquisition channel.
BET £50 YOU COULD WIN £112,500
We’re only just scratching the surface. @tommcdonnell | @monterosalondon | www.monterosa.co.uk