SYT 0.00% 0.1¢ syntonic limited

SYT General, page-1450

  1. 3,924 Posts.
    lightbulb Created with Sketch. 274
    That is assuming that no one has downloaded the initial freeway app in the US.

    If existing customers notice the overpass subscriptions, they will talk, then their friends talk, they social media talks and this is what is called organic social advertising. The premise that we wont see any reasonable revenue from Overpass because of minimal advertising seems a little overboard.

    For instance, myself posting to 900+ members looking for better offers on Facebook is 900 potential customers. Lets say those 10% of those take it up and tell their friends. That's 90 people who downloaded the product and then told at least 2 of their friends (2 being the average amount of people that someone will recommend product or services to), that is then 180 - on the proviso no one else from the group told their friends. Compounding the numbers in 2's, you can see that there is the potential for a reasonable amount of people to subscribe to the product - more-so if the entire 900 talk.

    In fact, in the announcement, this is how Syntonic reduce acquisition costs in the first place - social media advertising.

    I am confident that there is a reasonable amount of consumers in the US we are unaware of using the product. At the end of the day, i havent read 1 comment on google play OR the app store from US based consumers. I have a feeling that these are hidden from view, just as LOTM believes. The reviews have jumped by around 200 since the announcement (after dropping off heavily prior) yet no US customers have made comment - and not all 200 reviews appear in the google play review section..
 
watchlist Created with Sketch. Add SYT (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.