SnipClip. Paid content is back. » Virtual Good http://www.paidcontentisback.com Social Networks + Virtual Goods = SnipClip Tue, 01 Jun 2010 14:51:55 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 Kino.de Uses SnipClip to Engage its Fanbase and Broaden its Reach On Facebook http://www.paidcontentisback.com/2010/03/kino-de-uses-snipclip-to-engage-its-fanbase-and-broaden-its-reach-on-facebook/ http://www.paidcontentisback.com/2010/03/kino-de-uses-snipclip-to-engage-its-fanbase-and-broaden-its-reach-on-facebook/#comments Mon, 15 Mar 2010 06:29:37 +0000 Martin http://www.paidcontentisback.com/?p=970 Nowadays, a fan page on Facebook is a must-have for every brand. Having a fan page alone, however, is not enough. A brand also has to activate and constantly engage its fans. It’s about turning passive fans into active brand advocates, who recommend the brand to their friends.

The website Kino.de attracts more than 4.6 million visits each month and it is the leading movie and cinema related website in Germany. The company behind Kino.de, Gruner + Jahr, is publisher of leading b-to-b and b-to-c print magazines with focus on films. With Kino.de, it also takes advantage of Facebook and so far, it has attracted more than 5000 fans, which makes it the largest German language movie  fan page on Facebook.

To further grow and engage its fan base, Kino.de now partners with SnipClip. The result of this partnership is a digital collector’s album featuring the movie highlights in March:

Kino.de Kinohighlights Fanbook

The collection consists of eight movie recommendations made by Kino.de. Each collectible shows the trailer of a recommended movie. Users gather “movie stars”, an in-game currency that they then exchange for collectibles. The goal of the users is to complete the collection. If they do so by March 25, users have the choice to enter a sweepstakes and the chance to win a Blu-ray DVD player and free movie tickets.

In order to have more trading partners for their duplicate collectibles, users want their friends to participate the game. Jointly, they will also be able to gather more movie stars. As a result, users are highly motivated to invite their friends to the game and thus, they spread the brand across their social network.

Growing the fan base is one goal. Activating and engaging existing fans is another one. Therefore, Kino.de also publishes bonuscodes that can be redeemed for collectibles on their fan page:

Bonuscode on Kino.de Fanpage

The availability of codes is limited and only the fans who click the link first get a copy of a specific collectible. As shown in the picture above, fans like those activities and they also comment on them. This results in increased exposure of the posts and the Kino.de. Further, it increases the value perception of being a fan: as a fan you receive bonuscodes automatically delivered to your Facebook news feed.

This leaves us with inviting you to become a fan of Kino.de, to play the collecting game and hopefully, to win one of the valuable prizes. Good luck!

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]]> http://www.paidcontentisback.com/2010/03/kino-de-uses-snipclip-to-engage-its-fanbase-and-broaden-its-reach-on-facebook/feed/ 32 Misunderstandings: Tencent´s Revenues from Virtual Goods http://www.paidcontentisback.com/2008/12/misunderstandings-tencent%c2%b4s-revenues-from-virtual-goods/ http://www.paidcontentisback.com/2008/12/misunderstandings-tencent%c2%b4s-revenues-from-virtual-goods/#comments Thu, 11 Dec 2008 16:26:53 +0000 Matthias http://www.paidcontentisback.com/?p=626 On my search for revenue numbers from virtual good sales I stumbled many times across the figures of Tencent. Yesterday for example, I watched the presentation of Susan Wu on the Le Web conference. She mentioned that Tencent has revenues of $1billion and 70% come from sales of virtual goods. I doubt that this figure is true.

Let´s have a closer look.

I think the number is derived from the press releases of Tencent. In 2007, Tencent published that they generated $344.1M revenues from their Internet value added services (that is 65% of their $523.1M total revenues). In the three of four quarter results of 2008 (1st, 2nd and 3rd) Tencent announced that they generated $644.1M revenues from their Internet value added services (68% of their $943.1M total revenues)

The question is: what are these Internet value added services? Tencent aggregates QZone, QQMembership, QQShow, QQMusic and QQLive in their Internet value added services. I doubt that all of these services have revenues from virtual goods. I am also confused that Tencent´s instant messaging services are not included in the Internet value added services. According to Susan Wu the most virtual goods revenues of Tencent come from the instant messaging services.

In my opinion it is unclear how much of Tencent´s revenues are generated from virtual goods. What do you think? Am I missed something here?

Good bye and stay tuned.

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]]> http://www.paidcontentisback.com/2008/12/misunderstandings-tencent%c2%b4s-revenues-from-virtual-goods/feed/ 1 20 Tips for Monetizing Social Traffic through Virtual Currency http://www.paidcontentisback.com/2008/12/20-tips-for-monetizing-social-traffic-through-virtual-currency/ http://www.paidcontentisback.com/2008/12/20-tips-for-monetizing-social-traffic-through-virtual-currency/#comments Sun, 07 Dec 2008 21:22:49 +0000 Martin http://www.paidcontentisback.com/?p=616 Matthias posted about the 10 Tips for Monetizing Social Traffic Through Virtual Currency from OfferPal. Now OfferPal published a whitepaper titled 20 Tips for Monetizing Social Traffic through Virtual Currency. Quite interesting!

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]]> http://www.paidcontentisback.com/2008/12/20-tips-for-monetizing-social-traffic-through-virtual-currency/feed/ 0 Virtual goods are going to be common for the public http://www.paidcontentisback.com/2008/09/virtual-goods-are-going-to-be-common-for-the-public/ http://www.paidcontentisback.com/2008/09/virtual-goods-are-going-to-be-common-for-the-public/#comments Fri, 12 Sep 2008 11:19:09 +0000 Matthias http://www.paidcontentisback.com/?p=342 In the last week a lot of stuff was written about the Facebook gifts. First Lightspeed Venture Partners published  a home made analysis, where Jeremy Liew showed, that the sales figures of the Facebook gifts are growing. Mashable!, Venture Beat and Virtual Goods Insider picked up the same topic afterwards and released own articles in their blogs.

A really good article came from Nick O´Neill in All Facebook – the unofficial Facebook blog. He pointed out, that the reason for the growing sales figures of Facebook gifts is the growth of the user base of Facebook.

“So what’s the prime reason for gift growth on Facebook? The company’s rapid growth in their user base. The company has more than doubled since Jeremy Liew published the company’s findings back in January. This means that the rate of gifting appears to be staying pretty consistent.”

Another really good article in that context came from Vili Lehdonvirta on Virtual-enconomy.org. He reported, that the biggest daily in Finland had a full page devoted to virtual consumption. He attached a snippet of one of his papers, where he points out a very interesting aspect of consumption in general.

“One strategy is to note that everywhere in our economy, goods have a social life beyond their physical qualities.”

This applies also to the Facebook gifts. It is not about paying 1 $ for this little pictures, it is about showing your friend how much he/she is worth for you.

All this makes me believe, that virtual goods in social networks can be really successful. The future will show, how much the users are willing to pay for virtual goods.

Good bye and stay tuned.

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]]> http://www.paidcontentisback.com/2008/09/virtual-goods-are-going-to-be-common-for-the-public/feed/ 2 “The Social Network Service Quest for Premium Revenue = Virtual Items” http://www.paidcontentisback.com/2008/06/the-social-network-service-quest-for-premium-revenue-virtual-items/ http://www.paidcontentisback.com/2008/06/the-social-network-service-quest-for-premium-revenue-virtual-items/#comments Fri, 20 Jun 2008 22:21:11 +0000 Martin http://www.paidcontentisback.com/?p=248 Sean Ryan from Meez gives a convincing answer why virtual goods and social networks are a good combination:

The best reason for them to pay is that in an SNS, which is really about people interacting with each other, the #1 goal is STATUS – how can I be different, better, have more authority, etc, and most importantly, how can I impress those around me with that status?  It’s so basic, and is sometimes overlooked.  It’s not about getting loyal users to pay for premium services like Music since those are generally solitary services which don’t take advantage of a social network filled with people checking each other out. It can be as basic as a virtual gifting system, and as sophisticated as a fully built-out virtual item marketplace.  The “online bar” FUBAR is probably the most developed in the US, with a relentless focus on getting users to pay to impress members of the opposite gender, or to somehow benefit the group through happy hour sponsorship, but there are numerous other examples emerging.

Read the full article: SharkJumping: The Social Network Service Quest for Premium Revenue = Virtual Items

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]]> http://www.paidcontentisback.com/2008/06/the-social-network-service-quest-for-premium-revenue-virtual-items/feed/ 0 “Movie Studios Expand Into Virtual Web Worlds” http://www.paidcontentisback.com/2008/06/movie-studios-expand-into-virtual-web-worlds/ http://www.paidcontentisback.com/2008/06/movie-studios-expand-into-virtual-web-worlds/#comments Tue, 17 Jun 2008 19:51:44 +0000 Martin http://www.paidcontentisback.com/?p=245 Thanks to a posting from Bret I discovered the following article:

In April, Viacom’s Paramount Digital Entertainment signed a partnership agreement with Makena Technologies, making thousands of movie clips from the Paramount movie library available on There.com, an online virtual world. Visitors who purchase the clips can use them to communicate with others by having their avatar “speak” lines from movies while the actual clip plays in a small window. Links allow users to purchase DVDs of the featured movies.

Read the full article: Movie Studios Expand Into Virtual Web Worlds

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]]> http://www.paidcontentisback.com/2008/06/movie-studios-expand-into-virtual-web-worlds/feed/ 0 “Virtual Goods = Real Accounting Issues” http://www.paidcontentisback.com/2008/03/virtual-goods-real-accounting-issues/ http://www.paidcontentisback.com/2008/03/virtual-goods-real-accounting-issues/#comments Tue, 25 Mar 2008 13:46:11 +0000 Martin http://www.paidcontentisback.com/?p=137 Selling virtual goods within a virtual economy isn’t a trivial accounting task – that’s why we seek for a snart CFO. This blog posting explains the problems with accounting virtual goods:

Last week’s Game Developer’s Conference put the limelight on the rapidly growing game industry, but it also highlighted a significant pain point – virtual good sales create very real accounting issues for successful virtual worlds and MMORPGs.

Read on: Virtual Goods = Real Accounting Issues « Virtual Goods Insider

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