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How do I create a memorable promotional brand or product video?

It’s all about storytelling and creating a gripping narrative

product

(Editor’s note: Here is an article from our archives which we think is still relevant)

What you will learn:

  •   The basic structure of a decent advertisement
  •   How to use “mise en scène” to convey different sets of reality
  •   The basic rules of decent lighting
  •   How to distribute the final product

That actress who played Wonder Woman journeys through a fantasy landscape and takes the occasional photo with a smartphone.

This is probably what most viewers will take away from Huawei‘s P20 commercial. As a consumer, the commercial tells me nothing about the phone; its technical specifications are not mentioned and it doesn’t feature a real photo taken from its camera. And Gal Gadot isn’t going to take me on a guided tour of her dreamscape, either.

Nevertheless, Huawei’s commercial is slick and well-produced; the fact that it features Hollywood-quality CGI effects and the lead actress of a blockbuster superhero film significantly boosts its brand awareness. This gives it a sort of shine that makes you feel that the company is playing in the big league — regardless of whether there have been any reviews of the advertised product.

This is the beauty — and the paradoxical nature — of advertising, of a well-crafted promotional product video. Many top consumer brands like Nike and Tag Heuer seem to buy into the belief that the less of their product they show, the more likely they will attract buyers — at least, on first glance.

But that’s not really so simple, is it? Such projects — especially ones that run in the millions of dollars — takes weeks and months to plan and shoot.

So let’s break it down into the elements that make a quality promotional product video.

Crafting the narrative, building the characters

Not all advertisements are going to look the same as the Huawei P20 commercial. Some may show even less of the product while others may attempt to win you over with seemingly impressive technical specifications. There are a thousand-and-one ways of working it.

The best advertisements are the ones that leave the deepest impressions in your mind. And it could be a positive or negative impression. Maybe it’s a video with a really cringy jingle and acting worthy of a Razzie award, or maybe one that stirs up deep empathy or triggers a visceral response.

Either way, they elicit a sharp emotional response from the viewer that sticks in their mind (as they say there is no such thing as bad publicity)

Let’s zoom out and look at what makes a good narrative for a film or a TV show. On a very basic level, you get the protagonist and he or she has embarked on a quest. Along the way, they meet obstacles and tests and maybe they experience a crisis of faith, and finally, something compels them to fulfill their journey, to defeat whatever or whoever is in their way — usually a villain — and claim their victory.

This is, in a nutshell, is the essence of the classic mythic structure as theorised by the American Professor of Literature Joseph Campbell, in his classic book “The Hero with a Thousand Faces”. But is it possible to cram this set of tropes into a short 1 minute or 30 seconds video?

Perhaps we can take Apple’s iconic Super bowl commercial in 1984 as an example and see if we can apply Campbell’s theory.

In the video, we see a mass of identical-looking people watching what appears to be a propaganda broadcast. The presenter the screen is urging them to march to the beat of a “single ideology” and rally against an unseen enemy.

The audience is dressed in grey overalls and they carry a blank expression on their faces. This whole scenario is obviously a direct reference to George Orwell’s dystopian novel Nineteen Eighty-Four, which is about the perils of an authoritarian state.

In the midst of this, a woman wearing orange-coloured shorts and singlet is carrying a hammer and is seen running from heavily-armed guards. She yells and swings the hammer into the screen, disrupting the broadcast and breaking the trance it had over the audience, who respond in wide-eyed shock.

Also Read: Key challenges and opportunities in Malaysia’s e-commerce scene

Then a text crawls up announcing Apple’s plans to introduce a new “Macintosh” computer, boldly promising that because of them, the year 1984 would not turn out to be Orwellian.

It’s a short 1-minute clip. but there are some elements from Campbell’s theory that can be extracted from it. First, it has a protagonist — the heroine, who, with her bright clothing, is dressed to stand out from the rest of the characters. Then, there’s the obstacle — the armed guards.

Finally, at the end, we find out her motive — her quest — she wants to the shatter the spell the presenter has over the audience, whose indistinguishable appearances are designed to make them look like minions (not those annoying yellow creatures from Despicable Me); she accomplishes this by bringing down the villain — the Big Brother-esque figure.

The message of the commercial is very clear: Apple is appealing to the viewer to stand out from the crowd, to walk away from the all-seeing authority; to be a distinct and independent individual, free to express their thoughts.

The commercial paints Apple as this cool- kid-on-the-block, but its development was far from plain sailing. Steve Jobs clashed with the board of directors on the concept.

Ultimately, Jobs managed to get it aired, and, as history showed, Jobs’ intuition proved right; Apple has had made plenty of amazing TV advertisements since then but this 1984 commercial still stands as its most groundbreaking piece.

The perplexing thing about it is, Apple only mentions Macintosh once. Not once does it say why Macintosh is supposed to be this earth-shattering piece of tech that will supposedly change the world.

No technical details are mentioned, there isn’t even an image of the computer. Oh, and Jobs obviously put a lot of faith in American audiences knowing the context of “1984”. You can understand why it was a big risk to take.

The technique

Apple’s 1984 commercial was directed by British film director Ridley Scott, who had then directed two would-be classic Sci-fi films: Alien and Blade Runner (which was probably why he was picked for the job). To really dissect his cinematography technique would take an entire 1-hour lecture, but there are some quick pointers to extract from the video.

First, contrast. With only seconds of screen time, the audience needs to identify the protagonist very quickly, they need to know who they should be rooting for.

Scott did this by having the heroine dressed in bright athletic clothes, which stands in stark contrast from the guards’ full body armour and the minions’ dreary uniform overalls. It also helped that she had a head full of blonde orange hair.

Against the backdrop of the drab industrial interiors, she also clearly stands out. Scott is very careful in crafting in what is known as the “mise en scène”, which in French means “putting into the scene”.

According to David Bordwell and Kristin Thompson’s book, Film Art: An introduction 8th edition), mise en scène is the staging of several elements to create a representation of reality. These include: “the settings, lighting, costume and the behaviour of figures.”

Directors can use mise en scène to convey different sets of reality. In Scott’s 1984 commercial, it was to convey a claustrophobic, fascist future. Let’s examine the video again.

Much of the video is shot using low-key lighting. Its tight corridors or halls are dimly lit, and the minions are cast in heavy shadows — this is to accentuate the bleakness of the setting. The heroine is, however, cast in vivid light, so we can clearly register the fiery passion on her face when she swings her hammer into the screen.

Unshackle those chains!!

Take a look at the performance of the characters as well. The minions walk in slow, shuffling motions, their eyes expressing neither pleasure nor pain; in contrast, the heroine lets loose an unadulterated yell.

When it comes to positioning the camera, Scott is also careful to frame the heroine at the centre of the shot as she runs down the hall. When she hurls the hammer at the end, he frames her at a low angle to make her look powerful.

Editing plays a strong role, too. We see shots of the heroine running intercut with the minions watching the presenter drone on. Once again, this emphasizes the contrast between her and the minions. All these elements, and the buildup towards it that makes the scene all the more impactful.

There are some basic rules of good lighting to take note — and this can be applied for a simple product shoot as well — and that is the classic three-point lighting. Basically, you want to have a backlight, which lights the subject from behind; the fill light, which is positioned at the side near the camera; and the key light to illuminate the front part of the subject.

Also Read: So far yet so close: How to successfully manage a dispersed team

You can position the three lights however you see fit, but in general, these all you need to create good lighting (of course, the colour and the intensity of the lights play a big factor as well). Check out Rembrandt lighting techniques too if you want to understand how to light your characters as if they come from a painting.

For more conventional product shoots that focus heavily on the product itself, it helps to have high-key lighting because it coats the object with an even layer of soft, glowing light, making it pleasing to the eye. Especially important if you want to show off every part of the product.

Not that the opposite, low-key illumination, is less desirable, though. Low-key lighting with its emphasis on sharp contrasts between dark and light regions can make the object look more “mysterious”. Sometimes, it’s nice to tease the audience a little.

Equipment

Scott probably rented out high-end Hollywood-grade film cameras that cost in the high range of seven figures to shoot the Apple commercial. But it doesn’t mean you have to break the bank and take out a mortgage on your house to create a great product commercial! Good filmmaking is all about creative thinking.

Many consumer range cameras are perfectly suited for the job. A digital single-lens reflex camera (DSLR) can go for as low as US$400 (or maybe even cheaper if you try the second-hand market) and they are all capable of shooting in at least 720p high definition.

Don’t have a few grand to buy these lighting kits? Check out the IKEA store or even DIY one using unused bulbs you have in storage.

Don’t have a tripod head and slider or a dolly to do one of these tracking shots? See if you can find an abandoned shopping cart lying around and strap your camera onto it. Otherwise, once again, head down to a DIY shop and purchase some wheels and other parts and MacGyver yourself a similar piece of equipment on the cheap. The possibilities are endless.

Awesome looking videos can even be shot on a smartphone; check out this one shot on an iPhone 8 Plus, for example. It’s pretty wild how far phone cameras have evolved! (note: this article is no way sponsored by Apple. Personally, I use an Android-powered smartphone).

Optimising for web and mobile

A great product video might earn you a place at the Cannes Lions, but it’s not really of much use if no one but a bunch of industry critics view it. Ultimately, you want people to watch your video so they would remember their product and hopefully buy them.

First, think about the channels of distribution. Will you be showing it at a cinema or for the web and mobile?

If it’s for the big screen, I guess you can make it as long as you want (within reasonable length) since audiences have no choice but to watch it anyway. But if you are optimising it for online platforms, then it’s a different ball game altogether.

According to HubSpot, videos that attracted the most engagement on YouTube were on average two minutes long; on Facebook, it was a minute; while those on Instagram ran for just 25 seconds. With the web being a gargantuan clutter of information, it’s easy to see why viewers would have an attention span of a goldfish, there are just too many distractions.

But before you go on taking HubSpot’s statistics as gospel, keep in mind HubSpot did not specify whether they were sampling just video advertisements or what industry these ads fell under.

Also Read: What you need to know about building a freemium game

A finding last year by marketing analytics company Nanigans was more specific. It discovered that “for e-commerce advertisers, the 16- to 20-second length boasted the best conversion rate, but longer video ads weren’t far behind”.

Additionally, according to HubSpot findings, viewers who watched more than three seconds of the video were more likely to finish it, so that’s another important metric to note.

The best way to work out the optimal length for your video to do plenty of A/B testing and evaluate your own findings. It might also be useful to conduct small focus groups to figure out what parts of the videos worked and what parts didn’t.

Beyond that you might want to encode the video in a format that is friendly for mobile viewing, considering they outnumber desktop web users. According to video content company Clipchamp, “small file size trumps resolution, bit rate and visible quality to a certain extent.

In other words, you don’t want to have the viewer wait for your video to buffer. There is a more pertinent problem in emerging markets where a sizeable number of consumers may not have access to reliable 4G networks.

Conclusion

While a great story and a well-produced video certainly bring prestige to a brand, in the era of web and viral videos, there is no clear playbook. Two videos might follow the same filming technique and narrative but one may be more successful than the other.

Why? It could be a wide range of factors, maybe their search engine optimization (SEO) was better, maybe the presenter in the video had a more calming voice. Maybe one has a lot of wit and swagger, like this Dollar Shave Club video.

Or perhaps, like the recent Nike advertisement narrated by Colin Kaepernick, it was able to tap into the zeitgeist of the times. There are a million and one factors to consider.

Heck, you may not even have to create a video yourself, look at this video of a mother wearing a Chewbecca mask, sometimes, it’s the consumers themselves who can best advertise your product.

Ultimately, you choose how you want to tell your brand or product’s story; you decide what narrative best encapsulates your company’s core vision. If you are earnest about and walk the talk (and by that time it may mean your product does what your company claims) consumers will take the leap of faith.

Image Credit by Jakob Owens on Unsplash

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Top 5 skills needed to carve a niche in big data

Here are some of the top skills needed to become a big data professional

The IT sector just cannot stop talking about the marvellous branch of science that Big Data has become today. Data is everywhere we look. In simpler terms, there isn’t any shortage of data around us.

In present times, the world is producing more than 2.5 quintillion bytes of data daily.

Organisations are occupied in finding ways to receive the most significant return of investment over the facts and figures extracted out of data.

There is a deep requirement for people who can help businesses flourish in this data-driven world by drawing out meaningful insights out of puzzling data sets.

But wistfully, there is a shortage in the supply of Big Data Professionals in the job market.

Also Read:The big data balance: a man-plus-machine approach to hiring

This is an indication that the market is hot for any and everyone with big data skills.

On that account, employers are ready to pay almost US$150k per annum to competent big data white-collars holding pertinent big data certifications.

Ways to Earn a Big Data Job

Though, the big data space is wide open for people to enter, attaining a job in this area is still no cakewalk.

Since, there is a broad array of skills that employers want big data employees to possess and in the absence of those skills, the goal of becoming a big data expert seems far-fetched.

Without taking too much of your time, here are five skills that are critical for a big data professional –

1. Learn SQL

There is a list of things that you must have in your huge bag of skills and SQL has to be on the top if you want to enter the big data zone swiftly.

Structured Query Language is a popular language that enables you to get handy over your organisation’s database technology. It shall help you attain expertise in Big data technologies like Hadoop Scala & NoSQL.

2.Attain the art of mining data and solving problems

Corporations have large pools of data that you will be expected to take insights out of once you begin to work in this area of work.

So, it is advisable to obtain prowess in data mining technologies like KNIME and Mahout.

Also Read: How big data is impacting the legal world

Fortunately, there is a large bunch of Big Data Certifications in the market that will help you do so.

3.Gain knowledge of apache hadoop and apache spark

If you ask employers what they look for in big data professionals. Knowing how to use Apache Hadoop will be on the top of their heads since it is a helpful skill in resolving computing issue and assisting networking.

The Hadoop components that will make your job easier are Hive, HBase, Pig, MapReduce, and so on.

You can pursue a relevant Big Data Hadoop Certification program to become an expert in this dominion.

4. Be well-versed with data visualisation and quantitative analysis

These are the interwoven skills you must get your hand on.

If you talk about quantitative analysis, it is a technique that can help you get a grip over statistical tools. This can be critical in finding your place in the big data domain.

Also Read:5 impacts of big data in your personal life

In a nutshell, owning profound knowledge in statistics is considered to be a substantial factor that can shape your big data career.

5.Become an efficient coder

Assessing a data pool can be carried out through readymade tools in the markets. However, these tools cannot help you with finding solutions to every kind of issue in big data analysis.

Gathering knowledge in programming languages, such as Python, Scala, Java, R will enable you to evaluate big data problems and boost your career.

Editor’s note: e27 publishes relevant guest contributions from the community. Share your honest opinions and expert knowledge by submitting your content here.

Join our e27 Telegram group here, or our e27 contributor Facebook page here.

Image Credit: Campaign Creators

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Why your startup blog will not grow until you do this

Blogging for your startup is time-consuming, here are four tips to help you blog better

You’ve done the work for your tech startup blog.

Amidst the mountain of tasks you have, you’ve squeezed out countless of hours to churn out article after article. You might’ve even paid good money to a freelance writer to help lighten the load of content creation.

It’s time to see if your efforts have paid off. You login to Google Analytics with bated breath and…

Nothing.

No traffic. No leads. No slew of emails in your inbox from people eagerly asking about your startup solutions. You can’t figure out what’s wrong. Isn’t blogging supposed to help build awareness for your tech startup?

Frustrated and confused, you’re about to throw in the towel. Blogging for your startup seems so time-consuming and expensive, with hardly any returns.

But you shouldn’t give up just yet — especially if you’re a tech startup.

Here’s why –

Startup blogging helps your audience learn about you

Your startup mission is to craft a new product or service that disrupts the status quo.

That means you don’t have the luxury of riding on an existing model of success.

When speaking to target consumers, it takes more effort to explain how your startup solutions are solving their problems — compared to other businesses with more familiarity.

Optimising your startup blog ensures your content bridges the gaps in knowledge, trust and credibility between you and your prospects. Getting them to buy from you afterwards will be much more smooth-sailing!

A 2019 research by the Content Marketing Institute finds that 66% of U.S. consumers spend more on brands to which they feel loyal. This probably explains why around 8 in 10 B2C marketers want to create content that builds loyalty.

Similarly, a whopping 96% of the most successful B2B content marketers have audiences who view their company as a trusted resource.

The game is on for tech startups to create valuable resources to connect with and educate their target audience in the long run.

The problem is when you neglect one essential thing.

Your target audience won’t listen to you until you listen to them

Let’s face it.

There are a ton of businesses crowding out the Internet with content. It’s now more important than ever to make sure your startup blog creates unique value for your audience.

If you aren’t paying close attention to what they’re asking, your blog won’t provide the answers they need.

The result?

Your target audience will ignore you in search of other sites that will.

As an independent copywriter and content writer specialising in startups, I’ve met startup co-founders who were anxious to rank on page one of Google without knowing who they’re writing for.

They ended up creating generic content that had no chance in competing with the bigger, more established websites.

Healthtech and MedTech startups, for example, would struggle to compete for readership with highly credible websites when creating yet another “what is asthma” article.

The lean machinery of a startup means that you have the opportunity to shine where other traditional organisations don’t:

Helping your target audience solve their specific pain points.

So before you hammer out your next article, take some time to better connect with your target audience:

1. Be crystal clear on your target audience

Remember all the hard work you’ve poured into going door to door, conducting interviews and surveys during your startup market validation process?

You should already have an inkling of who your ideal customer is.

Use that to create a buyer persona that pinpoints not only your ideal customer’s name and age, but also their beliefs and aspirations. It doesn’t matter if you don’t have all the information — take your best guess and refine it later!

2. Play agony aunt to your target audience

Let them complain. Let them whine. Most importantly, listen to what their biggest challenges are.

You can then create blog posts with insights and solutions to your target audience’s problems.

Show them how your startup product or service can change their lives!

3. Appear where your target audience hangs out

Zero in on the websites, forums, magazines, blogs and publications that your target audience is reading.

Go ahead. Do a little detective work and surprise your target audience with content that they haven’t been able to find on these websites before.

If these websites are already ranking highly on Google and allow for guest writers, rejoice! Your startup would gain credibility more quickly by posting on these sites while getting readership and direct feedback from your target audience.

4. Bait your target audience to read your startup blog

Applying this customer-centric startup blog strategy will allow you to create content that’s valued by your audience.

This naturally translates into more faithful engagements with your content, traffic, and leads.

Take a look at the content pieces I’ve published on Medium, a platform where my blog’s target audience of freelance writers frequented:

Not bad, considering I was getting reader engagement even before my blog was launched!

By identifying and focusing on your target audience, you’ll be on your way to gaining more blog readership.

You won’t feel like you’re talking to a brick wall anymore. You’d eventually have a stream of engaged readers who are curious about what your startup can offer that other businesses can’t. You’d look forward to having precious one-on-one conversations with these people to improve your startup offerings.

Your startup will also be one step closer to shaping the lives of these individuals, blog article by valuable article.

So take a step back and re-assess the content strategy for your startup blog.

You can start by connecting with the very people that your startup solutions are meant for.

This article was first published on sherminong.com.

Editor’s note: e27 publishes relevant guest contributions from the community. Share your honest opinions and expert knowledge by submitting your content here.

Join our e27 Telegram group here, or our e27 contributor Facebook page here.

Image Credit: Andre Hunter

 

 

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How to work with the right technology to tackle organisation problems for your business

Tools and platforms that can help you build your brand, run campaigns, analyse data, and enhance user experience

Business owners constantly face new challenges, from fighting competition to maintaining productivity.

To grow your business against all the odds, you need to streamline your core processes, be organised along with being ready to adapt to new trends and challenges.

Successful businesses are already leveraging technology to automate processes, minimise costs, and reduce human errors. 

Let’s take a look at ways in which technology can help take your business to the next level.

Also Read: How to improve your startup management

Save on IT costs

Cloud-based technologies offer a variety of computing and storage services, which is why most savvy businesses are adapting to them quickly.

Switching to cloud solutions can help you save on your IT costs. That’s because the solution providers provide IT support and backups as a part of their services.

With cloud computing and storage services, you can:

  • Easily host, store, and share unlimited amounts of data online.
  • Access your data from anywhere in the world at any time.
  • Enjoy more flexibility and ease of use.
  • Collaborate on a single document in real-time.
  • Enhance security.

Switching to the cloud can help you speed up your business processes and fight the competition better.

Increase productivity

As a business owner, you want to get things done more quickly and with less effort, right?

The right productivity apps and software can help you improve project management, streamline tasks, increase transparency, and enhance communication.

The adoption of new technologies can help you improve the overall work efficiency of your team so that you can achieve your strategic goals.

Here are some of the most popular apps businesses use to stay productive:

  • Slack
  • Trello
  • Basecamp
  • Hootsuite/Buffer
  • Toggl

These productivity apps make it easier for you to manage various projects and tasks, set due dates, and add status tags.

You can keep all project/task communications and files in one place and collaborate with other team members to get things done fast.

With so many features, these tools can save you time on managing productivity so that you can stay productive.

You can speed up your day-to-day tasks and experience seamless communication among peers, regardless of their locations and time zones.

Streamline procurement process

For businesses, it is critical to build and maintain an efficient procurement management system.

You need to streamline purchases to achieve speed, accuracy, and efficiency.

This is to ensure that you pay the best price for all of the goods and/or services that you purchase.

It can also help you reduce order delays and mistakes and save time. You can choose the best vendors for your goods and services to minimise costs.

While it can be challenging to streamline the procure-to-pay process of your business manually, there are solutions like PurchaseControl that can help.

Also Read: Project management foresees revolutionary changes with AI

Such purchase control and procurement software can help you keep tabs on goods and supplies and forecast needs based on data. 

They can help you streamline your business operations effectively :

  • Inventory management
  • Requisition management
  • Purchase order management
  • Invoice processing
  • Reordering
  • Contract management
  • Supplier management
  • Spend management

Investing in the right automation software can help you increase the efficiency of your entire procurement process.

It can help you increase your margins, minimise losses, and lower operational costs. This will eventually help your business grow fast.

Discover strengths and weaknesses

If you want to grow your business, you need to understand what’s working well for your business and what isn’t. But how can you discover that?

Technology comes to your rescue here too.

There are numerous monitoring and analytics tools that can help you identify the strengths and weaknesses of your business. Not only this, but you can also track how your competitors are performing.

Some of the popular monitoring and analytics tools that businesses use include:

  • Google Analytics
  • SEMrush
  • Kissmetrics
  • Moz
  • Mention
  • MailChimp
  • SpyFu

The right social and web monitoring and analytics tools can bring you real-time data you need to formulate effective marketing strategies.

They can help you track website visits, see where your visitors coming from, monitor brand mentions and reviews, and more.

This data can help you make informed marketing and sales decisions for your business.

Also Read: Boosting the patient management process, one AI step at a time

It also enables you to keep track of your campaign performance and optimise your campaigns for better results.

You can generate higher ROI from your marketing campaigns, increase revenue, and grow your business faster.

Improve customer experience

Delivering excellent customer experience is necessary if you want to retain existing customers and acquire new ones. People might like your products, but a complicated sales process or poor experience can drive them away.

You need to effectively monitor and improve customer experience across all stages of their buying journey. Customer relationship management (CRM) systems can help you with it.

Technology has raised the performance bar when it comes to what consumers expect from brands.

Most consumers expect immediate responses, personalisation, and superior buying experiences when they interact with a brand.

CRMs can help you:

  • Identify and capitalise on sales and marketing opportunities.
  • Get quick access to customer data to learn more about them.
  • Keep in touch with customers using various marketing automation tools.
  • Personalise communications to meet their demands and requirements.
  • Create a consistent experience.
  • Analyse customer feedback.
  • Provide relevant information and attentive support.
  • Quickly respond to requests.

The right tools and platforms can help you better manage customer experiences using automation and analytics. You can make the most out of your CRM software to attract new customers and build customer loyalty.

Conclusion

Technology can help you improve your business in multiple ways.

With improved efficiency, you can attract, acquire, and retain more customers. This will help you drive more sales and revenue for your business.

Do you know any other ways technology can help a business grow fast? Please share them with the community!

Editor’s note: e27 publishes relevant guest contributions from the community. Share your honest opinions and expert knowledge by submitting your content here.

Join our e27 Telegram group here, or our e27 contributor Facebook page here.

Image Credit: Matthew Guay

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RedDoorz bags US$45M as its competitor OYO is fast expanding in Southeast Asia

The Singapore-based budget hotels aggregator says it is on track to achieve one million occupied room nights per month by year-end

RedDoorz, a leading hotel management and booking platforms in Southeast Asia, announced today it has bagged US$45 million in Series B round of funding, led by Chinese VC firm Qiming Venture Partners, alongside Jungle Ventures and its network of Limited Partners.

New investor Indonesia-based media company MNC Group, besides existing investors including Hendale Capital, International Finance Corporation, and Susquehanna International Group (SIG), also co-invested in the round.

Singapore-headquartered RedDoorz intends to use the new amounts to aggressively pursue growth strategies to become a prominent player in the region. The new funding will give a leeway for RedDoorz to compete with deep-pocketed OYO, which is backed by the likes of SoftBank. Headquartered in India, OYO has been aggressively expanding in Malaysia, Indonesia, and the Philippines, among many other markets in the region. Its recently announced its plans to expand its presence in 100 cities in Indonesia by the end of this year and invest US$100 million for regional operations over the next five years.

Also Read: Founding RedDoorz “was like hitting the reset button” after years in the corporate travel industry: Amit Saberwal

Amit Saberwal, Founder and CEO of RedDoorz, said: “Our growth in 2018-2019 has been exponential. It has been such an important period for us as we were able to set the pace and establish new industry benchmarks in the affordable hospitality segment in Southeast Asia. The journey is just beginning for us and we are very excited about becoming the go-to-choice for quality, predictable and standardised accommodations in the region.”

Founded in 2015, RedDoorz is a technology-driven hotel management company which works with restaurants to provide affordable and reliable stay in all major cities and destinations across the region. RedDoorz currently has operations across more than 80 cities in four countries in Southeast Asia, namely Singapore, Indonesia, the Philippines and Vietnam and operates more than 1,200 budget hotels and properties.

Helen Wong, Partner with Qiming Venture Partners, stated: “We have seen the trend of budget hotel chains in China about 15 years ago, and believe that standardised accommodation at affordable prices will appeal to consumers and business travelers in Southeast Asia too. As online penetration of the travel industry grows, RedDoorz will be a key beneficiary with the most extensive network of hotels in the region.”

MNC Group President Director David Fernando Audy, commented: “RedDoorz has a scalable business model and a practical solution for the fast-growing online travel booking industry, especially in Southeast Asia. We will support RedDoorz to grow the brand in Indonesia and overseas.”

RedDoorz has also recently announced that it is on track to achieve one million occupied room nights per month by year-end.

Also Read: RedDoorz founder’s recipe for success: Focus on one city, one market, one segment at a time

Previously, RedDoorz raised a US$11 million pre-Series B funding round from Asia Investment Fund of SIG, IFC, InnoVen Capital, and Jungle Ventures. Prior to this, the startup raised US$1 million in venture debt from InnoVen Capital in 2017.

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