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Founded in 2019, Airmeet is a platform for hosting virtual events, conferences, meetups, and webinars. It provides tools for hosting interactive online events, including features like live streaming, audience engagement tools such as polls and Q&A sessions, networking opportunities, and more.
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Category: EnterpriseTech | Pricing: Freemium | Stage: Early Growth | Funding: Series B
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Current Valuation: $50.1 Mn, last round in 2022
No of customers: 4000+
Competitors: Hubilo, RingCentral Events, Bevy, Zoom
Large players: Google, Zoom, Microsoft teams
Mid-size: Hopin, Remo,Run the world
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Airmeet is aimed at providing a seamless way for businesses to be able to conduct virtual and hybrid events for their potential or existing customers.
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What features do they use, features the value most, frequency, willingness to buy:
Please note: It was very difficult to find Users to interview for this product, i was able to only speak to two users who have used it and love using it. The ICP profile is created based on a combination of primary and secondary research. β
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Sources for secondary research will be added below the table. They are mainly research websites and youtube links of people reviewing the product. Since the key goal in activation is speak to happy customers i have proceeded ahead with their feedback to create the same.
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Basic/Marketing Details | Name | Pablo S | Sneha Sahay (Curious Individual) | Varun Shah | Dinesh Durai | Jordan | Stephanie (Educator + Influencer) |
Title | Communication Lead | Growth Marketing Individual | Founder and CEO | HR, engagement manager | Counder | Co-Chair, Professional Development | |
Org Name | Impact Hub Bern | ClearTax | Eccentric Engine | smallcase | Celerity India Marketing Services | Edtech startup | |
Company Size | small | SME | Mid | Mid-size | small | - | |
No of employees | <50 | >300 | 250 | 50-300 | <50 | <50 | |
Stage | Growth | Mature Scaling | Growth | Growth | Growth | Growth | |
Industry | Think Tank | Fintech | Automobile AI | Fintech | Advertising and Brand | Edtech | |
SaaS product decision maker | No | - | Management | No | No | Yes | |
Primary Geography | Europe | - | India, Paris, Japan, South Korea, USA | India | India | USA | |
Product Preferences and likeness details | Key responsibilities | Organise events for the company to show case products and educate customers. Connect people to co-working space | Manage campaigns on digital media | Business developement, product demos and road shows | Organise activites and break out rooms for employees since company is remote | Organise webinars explaining product proposition and build a lead pipeline. Answer queries related to product issues | Conduct meetings with students |
Time | They spent their time in engaging with prospect leads and showcasing co-working and office spaces | Creatives, campaign management | 2-3 times a month, as it is essential to keep in touch with client - "Out of sigh out mind" | Once a week | Once a week | 4 times a week | |
Money | Money is spent on investing in tools to make the business efficient and also in client engagement activies like road shows, seminars which is fully payed by the company | NA | Travelling to location and booking kiosk for webinars and conference | Not okay to spend a lot of money on team building activites | Okay to spend money if the product adds value and solves their purpose | Neglibile | |
What are some SaaS toold they use to assist at work | Google docs, Zoom | App cues, firebase, figma, excel | Adobe, 3D generators, Confluence, Slack | Clickup, Mattermost, Google Drive, Zoom | Jira, confluence, slack, google meet | - | |
What problem is Airmeet solving for them ? | Offline to Online. So that they can reach to customers at scale | They use Airmeet to upskill and learn about growth marketing concepts from industry expects | Connecting global audience and their customers with potential customers | Able to connect with employees in the remote culture and have team building activites which gives an in person effect | Collaboration - Breakout table, Chat, network | A colleague recommended. The opportunity to test the platform. Ease of the platform and at optimial pricing. Their free services are quite comprehensive | |
What were alternatives to Airmeet they were using | Google Meet | In person and Zoom meetings shared on Linkedin | In person meetings and Zoom | Zoom and google meet | Google Meet, Zoom | Hoppin, Brazen | |
What is the feature the love the most about Airmeet? | Many options to build engagement with the audience | Networking and interactive capbilities. Discovery and connect with people on Linkeidn | Networking capabilities. Love, Love and absolutely Love | Break out rooms and the reaction emoji. Which makes it very interactive | UX is intuitive, they take care of tiny details and set-up is super simple and very little time required to create a virtual event | Onboarding was very easy to use. Networking and icebreaker. Functionality of tables for students to move around Love the moji piece making it interactive | |
How has using Airmeet Benefited them? | Generated prospect leads and able to convert them in the future | It has helped them in upskilling and connecting with people. | It has helped them penetrate in Geographiics which they did not imagine and speak to customers and clients. Pitch their ideas | Build more trust amongst employyes and paved way for a good work culture | They were able to reach out to more people at scale | They have a more personal touch w the students and able to solve doubts for them as they are still very young | |
What is the most common type of Event you create on Airmeet | Conference and Webinar | Growth Marketing related topics | Virtual Event | Friday fun sessions with games and quizes | Virtual event, Networking events, webinars | Virtual meet-up | |
Would you refer Airmeet to your network in the same Industry? | Absolutely | Yes | Absolutely | Yes | Maybe | Try it once and i have recommended to people. Once they tried it they really liked it | |
Are there any specific region from where your attendees come maximum? | USA | NA | India, USA | India | South East Asia, Middle East | USA | |
What are the primary pain points or challenges that potential customers face in hosting virtual events? | Capabilities to scale it and technical issues | Non compatibility with other device and platform. Not present on the app. Sometimes i want to attend conf on the go | Marketing of the event in proper channels | Interactive tools, other platforms are like a monologue Technical Issues | Security, Content Delivery: Delivering engaging and valuable content in a virtual format requires careful planning and execution | Available only on Google Chrome. Not compatible | |
What other technologies or platforms are potential customers already using for event management, marketing, or communication? | Google Meet | Zoom and in person | Zoom, Google Meet, In person conferences | Google and Zoom | Zoom and offline | google meet and slack huddle and whatsapp group calls |
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Sources:
https://www.trustradius.com/products/airmeet/reviews#reviews
https://www.trustradius.com/products/airmeet/reviews#reviews
https://www.getapp.com/it-communications-software/a/airmeet/reviews/
Below are some customer testimonials on review websites and social media and not present directly on airmeet platform. These feedback further corrobotate the ICPs and the Job which they are trying to achieve for the same. The Tear down is also done keep these user personas in mind and suggested improvements accordingly. Please refer to screenshots below to see what actual users feel about airmeet and what makes them happy, what defines their Aha moment
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We will focus on two types of ICP for this Jobs to be done break down
Given below is the goal of the two broad ICPs that Airmeet is trying to suffice:
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ICP | User goal | Functional goal | Personal Goal | Social Goal | Financial Goal |
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ICP 1 - SME's marketing team (Hosts) | I need a robust and rich platform to conduct seminars and conf for my clients and potential clients, so that i can demonstrate my business's value proposition | β They need an efficient, rich networking platform to conduct events | NA | β Can be secondary goal for companies to impress the clients and potential customers | NA |
ICP 2 - Curious and enthusiastic individuals (Attendess) | Learn and network from industry experts and SMEs (Subject Matter Expert) so that I can increase my knowledge base and apply it in real world | NA | β To learn from industry experts so that they can upskill from the experience and use it in their life at work or personal | β Can be bragworthy to friends and collagues if I attend a webinar by experts which is invite only | NA |
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βLegends:
Not doing right
Doing right
General comments
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Source: https://miro.com/app/board/uXjVKYX5Lyo=/?share_link_id=590512732197
Please note: If there is difficulty in viewing the images below, please refer to the above miro link. It was very difficult for me to import this to PDF and hence added these images
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Part 2 : Sign-up and setup
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Define metrics that will eventually lead to better user retention, repeat buys and finally contribute to the business. Based on user research - Goals and problem the platform is solving, below are some activation metric and the hypothese as to why should these be metrics that airmeet should focus on optimising as a product team and how will it eventually result in better adoption and retention:
βNumber of meetings done: β
Hypothesis: Hosting multiple meetings shortly after sign-up indicates active engagement and adoption of the platform. This will also allow users to experience the rich virtual meeting and networking features that the free plan supports and will slowly boost the sales for paid plans
Number of Participants Invited:
Activation Metric: Invite at least 50 participants to meetings within the first 7 days after sign-up.
Hypothesis : Engaging a significant number of participants demonstrates the user's intent to leverage Airmeet for collaboration and communication. This metric measures the percentage of registered participants who attend virtual events hosted on the platform. It helps assess the effectiveness of event promotion, content quality, and user engagement strategies
No of sessions recorded
Activation Metric One Event Recorded for On-Demand Viewing in the First 30 Days
Hypothesis: Recording events enhances accessibility and extends event reach beyond live sessions.
Duration of meeting held
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Activation Metric : Host a total of at least 90 minutes of meetings within the first 7 days after sign-up.
Hypothesis: Longer meeting durations suggest deeper usage and investment in the platform, indicating stronger activation. This will ensure that even attendees have an enriching experience on the platform and will engage more in the future thus forming a virtuous cycle and a hook for attendees to keep coming back
Number of Features Utilized:
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Activation Metric: Use at least 3 different features (e.g., Polls., breakout rooms, networking) across hosted meetings within the first 7 days after sign-up.
Hypothesis: Utilizing multiple features indicates exploration and familiarity with Airmeet's capabilities, leading to enhanced activation and retention.
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No of participants attended
Activation Metric: 70% of invited attendees attend the event
Hypothesis: The more no of participants come, the more chances for the event to be successfuly, participants will be able to network better with each other and derive more value. This will also nudge the host to organise mroe events as there is a definite demand of the topic and meeting. This will create a virtuous cycle.
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