Lecture with Sebastian, CEO of Bi-Wise Media

Jul 14, 2024

Lecture with Sebastian, CEO of Bi-Wise Media

Introduction

  • Speaker: Sebastian, CEO of Bi-Wise Media
  • Interviewer: Unnamed
  • Date: Not specified

Overview of Bi-Wise Media

  • Founded at the end of 2018
  • Swiss company with global spread
  • Focus: Digital-first marketing media for iGaming
  • Major markets: Partnering with sports publishers
  • Notable partnerships: 365 Scores, B Soccer

Expansions

  • Expanded from sports publishers to performance marketing channels
    • PPC (Pay-Per-Click)
    • Paid social
    • Programmatic advertising
    • Influencer marketing
  • Began their own affiliation business, especially in Latin America

Focus on Latin America (LatAm)

  • Brazil and Spanish-speaking markets are key focuses
  • Strong user base in Brazil for partner apps like 365 Scores and B Soccer
  • Teams in Montevideo (Uruguay) and Rio de Janeiro (Brazil) looking after Spanish-speaking and Brazilian markets, respectively
  • Brazil considered the second most important emerging market globally

Sports and Gaming Market in Brazil

  • Passionate sports culture translates to high engagement in sports betting
  • Example: Experience at Maracana stadium showcasing the love for football

Comparison with Other Latin American Countries

  • Brazil unmatched in size, scalability, and demand
  • Uruguay: Strong economy, potential for high player values
  • Mexico: Difficult market due to strong dominance by Caliente
  • Colombia: Licensed but payment issues
  • Chile: Strong casino market

Global Market Presence

  • Focus on emerging markets: Africa, Asia, Latin America
  • Limited focus in Europe due to advertising restrictions and market saturation

Problem-solving Approach

  • Understanding market dynamics to assist clients
  • Helping European brands entering Brazil and vice-versa
  • Avoiding overpriced deals by leveraging local knowledge

Focus on Live Score Apps

  • Core business remains live score applications
  • Examples: 365 Scores, B Soccer, Sofascore, Livescore.com
  • Live score apps perfect for showing betting odds and making informed decisions
  • User engagement driven by real-time data, making it a premium organic channel
  • Effective for both user acquisition and retention

Future Direction and Goals

  • Transformation phase: Strengthening existing operations rather than expanding
  • Reached 60-70 employees
  • Aiming to improve internal operations before further growth
  • Building own IT department and ad tech solutions
  • Focus on facilitating better partnerships and more successful campaigns through technology

Conclusion

  • Exciting transitions expected in the next 6-9 months
  • Focus on adding value through technology and improved operations

Final Thoughts

  • Sebastian optimistic about the rest of 2023 and future growth
  • Further catch-up anticipated to discuss new developments