If your someone else is building the distribution network with awesome #CustomerExperience in your space then be very scared - Ask the Hollywood studios about Netflix and Amazon Prime
5/ Designing superior #CustomerExperience is also about altering purchasing/consumption habits. Not just abt going online. In fact, could be quite the opposite: #amazondash
But if you are not reenvisioning #Distribution, remember:
Designing product is not enough, you need to design distribution and #CustomerExperience , So my #engineer#founder friends, don't ignore your salesforce design.
5: Create/acquire the newer products.
6: Continue growth momentum by putting those new products through the distribution pipes already created.
7: Grow to monstrous size.
2/ At $150bn valuation @AntFinancial Services Group, which was spun out from #Alibaba in 2014, and one which owns China’s biggest payments app, #Alipay, is the biggest #unicorn in the world.
3/ Drivers of Ant Financial's $150bn valuation:
1: Size of #mobilepayments market in #China : ($13 trillion - 61.8% transactions globally)
2: Growth
3: 700 MM smartphone users
4: 76% of of those made a mobile PoS purchase in 2017
5: Penetration: street vendors accept m-payments