Friday, 11 December 2015

A Marketing Analysis; Wickr


Hi guys!

Today’s blog will be a review of a marketing analysis myself and my teammates did of the app Wickr.

For 30% of our overall grade myself and my group had to come up with a product or service, conduct a marketing analysis and show it through PowerPoint. The presentation consisted of a vox pop, background, founder key points taken from the 4 P’s, key issues arising internally and externally through a SWOT and PEST. A competitive analysis, key trends and ended with an evaluation and strategic recommendations we could offer the client. We chose to look into the app Wickr.

Wickr is an instant messaging app that allows you to send encrypted texts, videos and pictures to whoever you want with only the sender and receiver viewing the information. It is available on iOS, android and desktop.
I came up with the idea because my boyfriend was at the web summit 2015 and told me all about Nico Sell's talk about Wickr. Intrigued by it I started looking up interviews about Wickr. When it came to picking an idea for our marketing analysis I had the idea in mind. When I told my team mates about the app they were extremely interested and we decided we would run with my idea and learn everything we could about it. Wickrs main goal is to become the most trusted provider of secure data and communications technologies in the world.

I researched the founders and background, the SWOT resulting in key issues arising and the overall strategic recommendations we would give to Wickr if they were our client. Wickr was developed in 2012 by security and technology professionals with the idea of privacy for all in mind. All founders are parents and one of their main aims was the protection of their children. They wanted to protect their children's pictures, videos and messages they send and receive. Making sure that the NSA, data brokers and big companies who trace information could not find anything on them.

Nico Sell and Gilman Louie are the co-founders and co-chairmen of the app. Nico Sell was the CEO of Wickr up until May 2015 when she handed her position over to Mark Fields. Nico Sell is the main face of Wickr, doing interviews, talks and promotion of the app. Nico has described herself as an extremely paranoid individual. The founder admits she is turned off by people who invite her things through email as she doesn’t want anyone knowing any of her business! There is no pictures of Nico’s face without sunglasses on any social media what so ever. She wears sunglasses as an element to further protect her identity. After I looked into the founder and background of the app I then went onto a SWOT of Wickr. 

From my analysis I came up with the following key issues arising. Their aim is to Protect high-value confidential data and communications with the strongest multi-layered encryption technology. And they are successful at this being the only app of its kind to encrypt messages from one sender to another.

A weakness in the app is safety. Nico Sell has said Back door for the good guys can always mean a back door for the bad guys.” This is a sad truth there is good and bad in everything and Wickr is not free from this. There is bullying on the app and terrorist activity and no one can be charged with it. This is because the proof of the message between the sender and receiver is deleted after a certain amount of time and is not traceable. The time of destruction can be from 3 seconds – 6 days max.

Wickr is used by the majority in US mainly businesses and activists. This app is a great opportunity for activists and others like them in society fighting for their rights and freedom. Wickr has a chance to change the world and give people back their freedom of thought and speech especially in dictatorship countries.

One of the key threats facing the app is competition. Social media is everywhere, when you sign up to any social media there is an invite that can be sent to your friends, gaining more followers through your contacts. Whereas Wickr does not have invites to friends. The app is spread from Nico Sell’s talks and word of mouth. While privacy is great there is a need to reach more consumers worldwide
With regards to the strategic recommendations we came up with an information campaign to document its security and design to allow potential users to understand Wickr. The campaign promotion worldwide will be called #winningwithwickr. The promotion will be done through the Wickr app as well as talks from Nico and the other founders in the main cities worldwide. We will use traditional media such as radio, news and TV because social media like Facebook and twitter is not something the app wants to be associated with. We also want to add more languages to the app to make it even more appealing. This campaign then feeds into the expansion of Wickr in businesses and with consumers since Wickr is mainly circulating around the US.

I really enjoyed undertaking the researching and learning about the internal and external factors surrounding the app. The vox pop section was completely new to me and I had never made one before! I think the overall presentation went well. I was a little nervous at the start but once we started talking about the app I became more comfortable. I think Wickr has the potential to be extremely successful in the future.

Clara