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Morning everyone, I have to say MelodyVR performed over the weekend.
Really good to see us sitting amongst the top for trending APPs - exactly where we want to be long term.
I think it's clear to see that the more events Melody cover, the more times we will be amongst those trending APPs. The interest is certainly there!
It's Important to remember trending Apps doesn't necessary mean a large amount of downloads, it means in a period of time the APP got more downloads than the others in the category. Nevertheless great exposure over the weekend. Now we need to see a good schedule of events in the pipeline, more live streams and some big name artists. A couple of long awaited theatre shows would be great too!
GLA
Their website has an error and is unable to show the current SP.
https://melodyvr.group/
They don't care and right now I don't either. Nothing has changed in the fundamentals of the company since it was 5.5p a couple weeks ago.
"So, as nice as Apple or Facebook giving me 50p/share might be, there's a large part of me that would feel a little deadened by it"
Yes because making x10 your investment would make most people feel "deadened".
The Youtube views don't many much sense to me. 200k + views on a video but only 2 or 3 people making a comment and a couple of likes on the videos.
This video has 2% of the views that melody had but more than 100% more comments and 400% more likes.
https://www.youtube.com/watch?v=PH_e7kVOcxo
Seems to me that something is very off here... Anyone else like to comment on these numbers?
I think like a lot of us you believe in MVR because you see -40% on your initial investment and have no choice but to believe or take that loss. Since launch the company has done ZERO to make us believe that they are going to dominate this market. ZERO A class events, ZERO marketing and ZERO communication. The fact that other VR companies for streaming music are starting to appear, using artists that are connected via the labels MVR have got agreements is only the start of it and is also quite alarming. The artists themselves are promoting these other platforms via there social media which we've seen very little of on MVR. The longer MVR sits and waits for a buyout the more damage the competition will do. It seems like we're just waiting for something whereas these other companies are going out to find it. IMO
I have also been invested here for about 3 years and Horse has been around for about that time. Horse is one of the most realistic contributors to this board. I was in well before they even released the App and for whatever reason this company has been moving like a snail (expected as it's VR) where the only people who have made money are the 2 founders, selling cheap shares and diluting the company each time for us. Plus some lucky people who got in under 3p recently but if you're a LT holder here most likely you're going to be in the red.
As someone who sits back and checks this board from time to time it always amazes me how much rubbish people talk. No need to point them out we all know who they are. For example, I saw someone post a comment about 12000 people viewing a video on twitter = at least 5,000 of them would purchase the show on Melody. Or people thinking that Facebook likes = high amounts of revenue. I work for a company with a market cap of over 6bn, we own brands that advertise on the TV and you would've all heard of them. One makes a profit of around 80m per year, yet has 5,000 Instagram followers. IMO you should never use social media stat to justify the value of a company.
Anyway lets hope we can stay above 5p for a while.
GLA
OPPENHEIMER currently down over 5M... Wonder how worried the adviser that recommended buying at 16 is.
1. I'm not trying to convince anyone about anything other than demonstrate to you that you've posted complete rubbish in that tweet.
2. Speaking as someone who has over 10 years experience using search tools, that figure is related to number of times she appears in Google search engine. NOT the number of views she's received in the MVR app. You can try it yourself by simply searching for her in Google & the others on your list.
3. BBC WORLD NEW's is an abnormal result due to the number being too large for your tool to compile into its report.
Good luck & have a great weekend.
I can see that you've posted some stats regarding views of content and state that MVR has not needed to spend 1 penny to get 320k views on Izzy bizu.
YOU'VE POSTED THE NUMBER OF TIMES SHE APPEARS IN SEARCH ENGINES NOT THE NUMBER OF VIEWS...
What a load of rubbish.
Before I start, i think its important to note that I've been invested in this company for about 6 month and do not see myself selling my stake anytime soon. I also work within digital marketing and am comparing these two companies with a view of their current marketing capabilities.
I would like to make some comparisons to illustrate how far ahead Nextvr is compared to Melody right now.
1. Nextvr have over 6,700 ratings at an average of 4 starts on the Oculus store.
Melody have 209 at an average of 3 stars. (However many of the 5* reviews have clearly been left by investors)
2. Nextvr are running a paid marketing campaign, spending over $10k a month on Google ads. Including keywords such as 'VR app' (currently in 1st position on the search engines), which equates to over 30k users a month.
Melody has no paid marketing campaign and relies purely on organic and direct website hits, of which it gets
about 1,000 a month from search engines.
3. NextVR has 32.6k followers on Twitter 11.4k on Instagram and 81k on Facebook.
Melodys numbers are too poor to comment on and they're relying on artists to promote their APP. IMO this is
approach is failing. If you look at the number of likes and reposts the average tweet of one of these influences get
and compare it to a MVR promo, the promo is drastically lower.
4. And finally. NextVR have a fantastic and engaging video that can be watched before users download the app in the oculus store. https://www.oculus.com/experiences/app/858258597574484/
Melody's looks like they've paid someone on fiverr to do it for them.
points 1-4 demonstrate how far behind Melodyvr is - I have seen top 40 Accountants with better marketing campaigns, more followers and engaging posts than what MVR push out. MVR's launch has been extremely poor IMO and those of you who are stating that this a "soft launch" due to number of headsets in the market, i think otherwise. I think this is the best that MVR can do right now and if they don't act quickly, they risk falling very far behind the likes of NextVR, Venues or other experience type APPs. Think about it for a second, you hear about a new revolutionary APP, you download it on your mobile, have a play around and realise that its nothing of the sort, most people will instantly delete it or never look at it again. You don't get a second chance of a first impression and I think that MVR are majorly ruining their first impression right now.