![]() Interview Date: August 23, 2011 |
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1. |
![]() [Chan] Embee Mobile has a Facebook app called EmbeePay that works like a frequent flyer program, but for your mobile phone plan. People earn points by watching ads, completing market surveys and performing tasks. When users have enough points, you redeem them for free prepaid mobile service and content, like music and game downloads. Embee supports mobile users in 90 countries across 300 mobile operators, including every major US mobile operator. All you need to do is register an account with EmbeePay on Facebook, and we’ll give you some points to get started. |
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2. |
![]() [Chan] Embee Mobile was an idea that started out of the Haas Business School at Berkeley. Some of the founding team entered a business plan competition and won; using the proceeds to start the company. The name Embee comes from the original business plan company name, Minute Bank. The initials M and B, became “Embee”. |
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3. |
![]() [Chan] The rewards program is designed to add airtime to a user’s mobile phone account in discrete increments, say $5 or $10. This is similar to a frequent flyer program where 25,000 miles gets you a free airline ticket anywhere in the US. In the US, it typically takes a user an average of two hours of offers, surveys or tasks to get enough points for a free top-up. But Embee has special bonuses that can help you get more points faster, and even supports some ads that alone can get you $20 or more of free mobile. |
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4. |
![]() [Chan] An offer can be signing up for an email newsletter or installing an application, like a Zynga game for your PC or phone. Market surveys can ask users' opinions and feedback about products and services. Each of these can take anywhere from 1 to 15 minutes. |
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5. |
![]() [Chan] We are asking the users to install a Facebook application, similar to installing the game Farmville or Cityville. This is opt-in and users are coming here to save money and get free stuff. Also, we liken the types of inventory to a buffet table – there’s something for everyone. If you don’t like ads, you can participate in market surveys or tasks. Watching video commercials is another option as well. |
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6. |
![]() [Chan] We will soon be crossing over a big milestone with one million registered users. Our largest user bases are in the United States and South East Asia, and by recently launching EmbeePay in Spanish we already see efforts in Spain and Latin America beginning to have an impact. We currently work with both big name brands, online retailers, and even local stores to achieve their marketing goals. |
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7. |
![]() [Chan] The Facebook applications on Android, iOS and Blackberry do not allow any third party applications to be used inside their app. |
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8. |
![]() [Chan] We have plans to offer our service for Android users in the near future. |
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9. |
![]() [Chan] The ads are not intrusive; users opt-in to viewing the ads. The user selects which ad they want to engage with. We try to provide as much inventory as well as diversity of inventory for a user to view. We also target ads based on their location and demographics. |
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10. |
![]() [Chan] OfferScreen leverages a Facebook profile and targets the advertising appropriately. Since we have several campaigns running worldwide, filtering based on location and demographics are just two slices for us to deliver ROI. |
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11. |
![]() [Chan] Clearly there are a lot of other ad networks and platforms. But by leveraging OfferScreen to deliver qualified leads with users that are actually anxious to engage with brands, Embee can deliver a better ROI. Embee has had great success in emerging markets, particularly in South East Asia. That’s because we offer something that is fundamental to daily life – free mobile phone airtime. |
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12. |
![]() [Chan] Yes, beyond expanding into more markets worldwide, we are looking at complimentary redemption options beyond mobile. We have begun to experiment with gift cards in the United States, offering Amazon.com, Fandango and Groupon gift cards, and the results have been promising. |
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13. |
![]() [Chan] We view Facebook as a platform where our users can access their rewards program. Adding a mobile app or even putting our application within Google+ would just be another touchpoint for the user. Right now brands are spending billions advertising to Facebook users, and that spend is accelerating. So we believe Embee is well-positioned, but we’ll certainly monitor other social mediums like Google+ as they mature. |
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14. |
![]() [Chan] In the coming months, we will be releasing some new features to make it easier for the user to earn points. Also, we are working on including redemption options so even more people can participate in the mobile rewards program. |
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Visit the Embee Mobile homepage now! | ||
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