Loopup Share Discussion Threads

[rimau1] 17/4/2020 12:22

I use Loopup and Zoom at my firm and Loopup is a superior audio product, i’m highly confident that Loopup will be achieving very strong business volumes in this environment.

[thordon] 16/4/2020 19:10

Amati Global Investors Limited now own 5% of the shares

[maddox] 06/4/2020 14:13

Hi Scrutable,

I understand that clients are beating a path to their door - so I don't think that they are missing the opportunity. They have stated that they have plenty of spare capacity to meet the increased demand - but I suspect client take-on might be congested. They have said that they have changed their approach to sales and marketing to focus on the 'Professional Services'.

Once you recognise that your 'ideal customer' is a specific identifiable sub-set of the market you can target them more precisely - you thus don't need to advertise to the whole market. It should bring down the cost of customer acquisition as a benefit.

One further thought. The externally facing Sales and Relationship Management roles in a firm are likely to more readily appreciate the LoopUp proposition. These areas are crucial revenue generators for a firm and tend to have budget to spend. So sale-cycle might also be shorter.

I'd definitely be factoring this into my strategic marketing to better understand
reach these audiences.

Regards Maddox

[scrutable] 06/4/2020 11:07

Are the company not missing a trick or tw0. They should put out some RNS Reach stuff to show how particularly relevant they are to a wider public whilst we are all locked down.

Maddox.
Should not Downing Street be using them? They might offer it to Boris for free, during the Emergency. Or actually sell it as a Management tool for the Labour party HQ. It would bring local political party organisations much closer together.

[maddox] 06/4/2020 10:36

Hi Guys,

I'm having many more Covid-19 driven online conferences using a range of providers on-top of what I normally have - which is quite a few. The quality has deteriorated significantly - due I understand to bandwidth demand. It really has been difficult to communicate effectively on a number of these calls. If you listened to BBC R4 Today this morning - you'll have heard them having problems as well.

This bandwidth issue really plays to LoopUp's strengths, as uniquely,they route the voice channel over normal (PTSN) telephone lines - so are not competing for limited bandwidth.

Covid-19 presents a very timely opportunity for LoopUp - every 'cloud' as they say....

Regards, Maddox

[thordon] 06/4/2020 09:45

Loopup completely different to the others as more secure in data protection , hence why its used in the law society and its a pay system , government have already stated that Zoom not used in Cobra meetings. Loopup very good at showing data and videos to invites only and control who see the information.
Most others are built on advertising

Maddox expanded the details

Loopup's key differentiator is the audio call quality and reliability - this is particularly important if you have external clients on an online conference. This makes LoopUp particularly attractive to the Professional Services Market - such as Lawyers and Consultant. As they explain in their Prelims RNS:

'The Professional Services market has distinctly different needs and priorities from the remote meetings market as a whole. The main factor is the prevalence and importance of external guests on their meetings, often the most important participants on the call. Conference calls and remote meetings have become the lifeblood of critical day-to-day client and adviser-to-adviser communications.

A best-in-class product for the Professional Services market, therefore, looks quite different to a leading product for the broader enterprise market, where internal team calls are far more dominant:

>> VoIP audio is less reliable for external guests over the public internet than for internal guests over well-managed corporate networks. Reliable audio quality is paramount for most Professional Services firms and so LoopUp chooses not to permit it. By contrast, VoIP audio makes eminent sense for products targeting the market as a whole.

>> Software downloads/installs can be problematic for external guests due to security permissions, whereas IT teams can pre-install the software for internal users. Given the importance of the external guest experience for Professional Services firms, LoopUp chooses to avoid any install as part of the core guest experience. By contrast, nearly all products targeting the market as a whole understandably choose differently.

>> External guests will often be unfamiliar with the product versus internal users who use it every day. LoopUp therefore chooses to keep its product feature-lite and incredibly simple for the Professional Services market. By contrast, nearly all products targeting the market as a whole choose differently as they seek to accommodate quite varied departmental use cases.'

This is the standard LoopUp service what Thordon refers to as the 'fully paid service' is a separate premium product where you have LoopUp 'host' online to manage the call, invite and supervise questions.

If you are selling services you probably don't want to take chances that technical difficulties disrupt your pitch.

[bookbroker] 06/4/2020 09:31

Stacks of choice for tele-conferencing, difficult to see how Loop will ever compete with Cisco, Skype, Zoom, Facetime and a whole host of others.

[scrutable] 06/4/2020 09:10

The Prime Minister is apparently a new user of Zoom.Is it not insecure and vulnerable to unwanted interruptions? Surely the whole of 10/11 Downing Street and their many guests, currently health/medical, journalistic/Academic, brought in every day for joint TV appearnces should be using LOOP?

Could anyone explain why LOOP is not the main go-to beneficiary in current circumstances?

Surely Zoom is the best choice for friends and famiy, LOOP the best for wide professional use?. The company should be snowed under right now.

Does it take more effort to install LOOP than to turn to ZOOM and get new users familiar with it? Is the sales strength at LOOP up to taking full advantage of the current situation?

I was born far too long ago to grasp instinctively the relative advantages of each in the current crisis.

[thordon] 31/3/2020 22:18

That in a nut shell perfect Maddox

Interestingly they are getting a high influx for there standard service.
No numbers yet but hope a RNS comes soon

[maddox] 30/3/2020 15:39

Hi tightfist,

Loopup's key differentiator is the audio call quality and reliability - this is particularly important if you have external clients on an online conference. This makes LoopUp particularly attractive to the Professional Services Market - such as Lawyers and Consultant. As they explain in their Prelims RNS:

'The Professional Services market has distinctly different needs and priorities from the remote meetings market as a whole. The main factor is the prevalence and importance of external guests on their meetings, often the most important participants on the call. Conference calls and remote meetings have become the lifeblood of critical day-to-day client and adviser-to-adviser communications.

A best-in-class product for the Professional Services market, therefore, looks quite different to a leading product for the broader enterprise market, where internal team calls are far more dominant:

>> VoIP audio is less reliable for external guests over the public internet than for internal guests over well-managed corporate networks. Reliable audio quality is paramount for most Professional Services firms and so LoopUp chooses not to permit it. By contrast, VoIP audio makes eminent sense for products targeting the market as a whole.

>> Software downloads/installs can be problematic for external guests due to security permissions, whereas IT teams can pre-install the software for internal users. Given the importance of the external guest experience for Professional Services firms, LoopUp chooses to avoid any install as part of the core guest experience. By contrast, nearly all products targeting the market as a whole understandably choose differently.

>> External guests will often be unfamiliar with the product versus internal users who use it every day. LoopUp therefore chooses to keep its product feature-lite and incredibly simple for the Professional Services market. By contrast, nearly all products targeting the market as a whole choose differently as they seek to accommodate quite varied departmental use cases.'

This is the standard LoopUp service what Thordon refers to as the 'fully paid service' is a separate premium product where you have LoopUp 'host' online to manage the call, invite and supervise questions.

If you are selling services you probably don't want to take chances that technical difficulties disrupt your pitch.

Regards Maddox

[tightfist] 30/3/2020 09:13

Thanks, simplistically your first line Event Coordinator sounds much like a Zoom host..The fully-paid service sounds to be in a class of its own? - maybe I should take a peek at the expensive Zoom offerings?!.Cheers, tightfist

[thordon] 29/3/2020 19:29

loopup is based on the event holder , the event holder invites individuals to the event and has control of muting or removing the individuals.

On the fully paid service Loopup have a team to co-ordinate the event I.E call all to the event and present documents and videos

[orange1] 29/3/2020 18:04

LoopUp meeting or Zoom meeting?

So-called zoombombing was in the news last week:

[welly_59] 29/3/2020 16:36

No extra functionality on zoom, just an easier product to use, especially for external/third parties. Fully browser based with no downloads means that it's possible for anyone to join a LoopUp meeting

[tightfist] 27/3/2020 08:21

I am just getting used to the functionality of Zoom (came to NASDAQ ten months ago, current MC $44B). Noddy question: what extra functionality/security does Loop-Up offer?Thanks, tightfist

[thordon] 26/3/2020 21:55

Well looks like mayor company's looking at using loopups superior product in light of the virus.
Used the system 7 months ago and was amazed at the difference to BT system

[fillipe] 20/3/2020 11:16

LOOP firming nicely.

f

[outlawinvestor] 13/3/2020 22:01

Slack said it had seen a surge in take up of its free service.

[4x4guru] 12/3/2020 11:55

This is one of those Companies that was on a downwards slope, but knowing several major users of this I heard very promising news back end of Feb which will be a boost to its platform. Plus with the added impact of the virus and demand on its business this should be a flyer come next update. I bought back in a while and now happy to wait for the upturn.

[ssshaggy] 12/3/2020 01:37

I’m not a holder and have tried to get a grip of the last 6 month macro reasons for this being down.

I tempted in to this in a falling market. All of my corporate meetings have gone digital.

I only found out how low friction it is for users to use this system which makes me think why did they make such a hash of their resourcing issues up til now.

However, This has to be (sadly due to the issues we face just now) a beneficiary.

As I said....not a holder and small caps are risky......

[fillipe] 05/3/2020 10:19

Folks starting to realise that in the current corona-virus environment, video conferencing etc., is now becoming a "must have " and not just a minor "add-on", in order to survive in business.

f

[fillipe] 03/3/2020 14:11

LOOP share price moving up nicely!

f