Great new blog, really highlights and explains how project collaboration raises productivity and creative achievement in a Multidisciplinary Team environment.
Got to be worth the subscription price for professional users in productivity and final creative results |
It’s the Future |
"online collaborative software like Figma for design, or Google Docs for document writing and elevate.io for video editing, are supercharging how we connect, create, and get the job done together, no matter where we’re located" [elevate.io] |
Happy paper socks Friday 🎉 |
Poker,
Ah the Pareto principle. Strangely late, Victorian in fact
developed by Italian economist Vilfredo Pareto in 1896. Pareto observed that 80% of the land in Italy was owned by only 20% of the population. He also witnessed this happening with plants in his garden—20% of his plants were bearing 80% of the fruit. |
I like my tea strong and this is brewing nicely. |
HCBF to all those who celebrate |
Very cool how they're reducing the size of the video as you scroll down (on desktop). Assume that is the Player resizing? Haven't seen that effect before...looks good! |
Website has been updated. |
In Retail,they say that 80% of your sales comes from just 20% of your stocked range. Customers like to see a good range to choose from but in the end there are many that dont actually sell that well.
I suspect it is all similar with features in these editors. Users go on about features, but... at the end of the day it may well be a similar 80/20 story.... |
Once you get Audio to Text added as a feature, that opens up a whole host of AI uses via the text transcript.
You can get the AI to split up the video just from using words placed with the text... asking questions for what you want, and thus allowing the AI to search words and then split the video accordingly.
All looks highly impressive but is actually, relatively simple.
I am guessing but I also assume you can add text transcript for a video without necessarily using its audio but then using the said transcript for dividing up the video, as per AI request.
Scenery has it with their AI Cutdown feature and I suspect other editors do too. |
Yes great team, they have done excellent investor presentations explaining everything, we need to let them get on with it. |
The team has experience of SaaS and it’s well understood. In Sumit, Anne and the team we trust.
£££ not pence |
I've audited luxury goods.
Often the cost to make is not significantly more than generic product. In some cases it is made in the same factory.
As you say, you increase the price and people often think it is better. |
On the whole in life people don't value what they haven't paid for.
I remenber years ago having a product that we couldn't sell. So we trebled the price and the sales soared. Why? Because at the lower price nobody believed that it did what we said. At the higher price they did. |
I'd probably release the lot.
Then when there is a paywall, existing users get 2 weeks of complete usage before some parts are moved to paid.
New users get, say, a month of all features, then have to pay.
As with most things in life, you need to show a little ankle now and then. |
Another possibility is that they're testing the water for key features that can be placed in the premium tier.
Super delicate balance - you want viral usage, but free users don't pay.
Really looking forward to seeing what they do here. |
Chris
Totally agree. |
It's becoming very clear that what SBS has consistently said is true: it's very difficult for competitors to do what elevate.io is now doing by using the underlying BIRD software. The competition have been cut off from using BIRDs path by their patents. It could take them years to find even a second best way and by then BIRD will have moved on and taken out more patents.
So I think we are nearing the point when hanging on for the price to fall another 0.5p might not be a good move. |
Yes definitely, including the generator work that opens up a lot of interesting options. What they have so far is working excellently. |
It might well be that they have developed them all and will use the survey as a means to work out which ones to introduce when.
But I am not convinced that is correct. |
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