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12/20/00
This summarizes the learnings from the Needs and Habits & Practices research conducted on Askme
experts.
Background and methodology
The Objective was to map category specific expert knowledge as well as characteristics cutting across
categories and indicate the impact on business objectives.
The methodology used was online 1X1s with 57 Askme experts covering over 40 subcategories across
between them.
Key Conclusions:
Role of free experts in business model: Capturing and maintaining a group of high usage free experts is the
single biggest key to the Askme success in sustaining a high volume of P2P interactions.
In depth product sampling and experience seems to be vital to generating expert trial v/s pure signups.
Key to retaining experts and driving frequency is formation of the answering habit as well as the
TringTring format. Additionally we also need to have expert feedback/ growth mechanisms and drive
community formation & pride.
Free Expert motivators
While altruistic needs, Community bonding and learning seem to be the key long term drivers of experts on
Askme, money and prizes serve the purpose of creating a surprise element and delighting regular experts.
There is a huge opportunity for TringTring to leverage Expert knowledge and have targeted marketing
initiatives.
Paid expert sites:
The key issue on paid sites seems to be very heavy revenue skew towards the top experts coupled with a
low loyalty rate among experts. The consumer decision process and the overall site shopping climate in a
paid p2p site also seem to be starkly different v/s a free p2p site.
In the context of Experts, Managing the internal tension between the paid and free habitats will be critical
for TringTring.
Brand Issues: While Keen and Info Rocket are purely power brands, Askme is an Identity brand. Both
Askme and Exp seem to be contenders vying for the Icon status which is likely to be owned by About.
Findings:
1. Distribution of experts across major categories: Askme seems to be more successful in attracting and
retaining experts. Additionally, the overall interaction frequency seems much higher in Askme v/s
other paid sites even though some of them also offer the option of free advice.
While the differences may be on account of varying marketing inputs, we observe that in the paid sites,
there is a very heavy skew of questions towards the top 2% of experts possibly resulting in the
remaining experts getting alienated and hence remaining inactive/dropping out. There also seems to be
compulsive advice habit formation among Askme Experts, which is likely to be absent on other sites,
which are completely Advice on demand sites.
As on 20th Dec 00
Categories
Relationships
Business/finance
Travel
Astrology
Cookery
Education
Parenting
72253
52123
25951
14628
14413
53328
13072
11.9
32.8
6.21
48
17.9
8.05
10.78
Total Number
20,780
2,45,768
11.83
7024
1,277
0.18
Profiles of experts.
Overall there seem 3 classes of categories when examined in the context of Expert motivations, habits and
attitudes.
1. Relationships & categories involving strong Human emotion.
2. Technical /Knowledge oriented categories.
3. Business/Services categories.
The experts within the group tend to be more similar in their profiles and their motivations than between
the groups.
Motivators and Demotivators for experts and Hot buttons.
MOTIVATOR
Helping others
NATURE
Strong in all Categories.
Very Strong in
Relationships/Human
categories.
Fun
Learning
Connecting
Esteem / Identity
Strong in
Knowledge/specialist
Categories. In India likely to
be strong in all categories.
Referrals/source of
business.
Strong in Business/services
categories.
Product Design
Business/services categories.
Category Specfic
Reactions to
Financial incentives
/ Prizes
Descriptors
Demographic
Psychographic
(Key attitudes /
beliefs.)
Community
building propensity
Loyalty
Extremely high.
Especially among high emotion/closed groups like
divorcees, abuse victims, transsexuals etc.
Extremely high.
There seems to be a certain Pride associated with being
on this site, which partly comes from the brand character
and from the user experience.
There seem to be many experts aware of the other P2P
sites but who answer only on Askme.
In the early stages, receiving feedback from inquirer or a
thank you note are critical payoffs. They are also critical
in retention as indicated by the experts themselves.
Overall low
High among academic groups, study groups and
belief groups (in the categories of religion,
meditation , astrology etc.)
High among Indulgers.
Uncertain among learners.
Likely to be high among more experienced
individuals, teachers, researchers etc.