Hey gang at Cheers,
Just wanted to give you a general update on what's going on, what we've been discussing, and what I'm doing.
First of all, we (SN.com) had a conference call with SOM last week to kick off some important strategy discussion. We asked the hard questions, and tossed around some ideas about how to help the SOM Online franchise better reach its potential. Among the various ideas raised were more creative and aggressive new-customer promotions, free trials, more cost-effective and efficient marketing, and general pricing model considerations. We're scheduled to meet up again and compare notes next week.
This has always been clear to me, but talking to the higher-ups and being involved in the business meetings really drives the point home - there are very few easy answers. Every initiative has both a cost and a risk, whether it's in manpower, dollars, or in the case of lowering prices, lost revenue. The key, of course, is making the smarter investments and taking the smarter risks, and that's what we'll be striving to do.
On that front, one obvious initiative is to re-implement a [b:4006998eb2]free trial program[/b:4006998eb2], which will allow us to lower our current barrier to entry for new customers without a prohibitive cost or being too immediately jarring to our existing revenue model. We tried a free trial program for the 2003 season, but that was when each new card set was its own site, and it was too much work to keep replicating. It's silly that our central site which has been in place for 3+ years now doesn't have a free trial program.
Also currently in the works are:
[b:4006998eb2]A fix to the 7-game Semi-Finals schedule[/b:4006998eb2] where Games 5 & 6 are currently being played on the same night despite them being at 2 different ballparks.
An attempt to put [b:4006998eb2]salary cap support in our Live Draft.[/b:4006998eb2] I've been talking about this for a while, and I'm not entirely optimistic about succeeding, to be honest, but I'm going to be giving it the old college try.
Preparations for both the [b:4006998eb2]2011 Players' Championship[/b:4006998eb2] and [b:4006998eb2]ATG Barnstormers Tournament[/b:4006998eb2]! I'll be working with the respective commissioners to bring you another year of great organized competition.
And the usual small stuff that I tend to squeeze in every once in a while, as they present themselves.
Thanks for your time, and of course your patronage!