Submitted by giteam t3_yluiif in dataisbeautiful
Comments
[deleted] t1_iv0eumb wrote
[deleted]
TestAndLearn t1_iv0g0tl wrote
Paid subscription? I thought everyone who heard of zoom knows this much.
hrrisn t1_iv0hesv wrote
I actually just learned it wasn’t free for HD video calls with more than 1 other person. The reason I was looking this up is because I wanted to see a comparison with Discord, which I’ve been using since ~2015. At a glance, Zoom seems like the inferior service. And their cheapest plan is 15$/mo to access features that you get for free on Discord.
I’ve been perplexed about Zoom’s rise to popularity over Discord during the pandemic. But I guess they marketed to businesses harder and faster, became the defacto meeting platform and now workers couldn’t be bothered to learn a new software, even if it would be cheaper and more efficient for companies.
DasDunXel t1_iv0kb1v wrote
Discord did absolutely zero marketing for business purposes. Most people in the industry looking never even heard of them.
Zoom had voip that made WFH easier and far cheaper when it came to businesses needing to find a better solution to Cisco. Zoom video for 1k+ people for big business announcements or major conferences.
Zoom only competition was Cisco and Microsoft Teams. And if your company is using Slack over Teams they ain't going to want to switch.
Krisp the audio thing discord has by default that many people don't even know about. They actually sell themselves as a separate app for businesses to deploy that pairs directly with Zoom.
Shaallelujah t1_iv0kc1r wrote
Aren't the functionalities and usage purpose between Zoom and Discord different?
I mean correct me if I'm wrong but i don't see how you can compare Zoom and Discord. Zoom Vs. G-Meet or Msft Teams is much more understandable
[deleted] t1_iv0ks3y wrote
[deleted]
Ldefeu t1_iv0kv59 wrote
That is the vast majority I expect but this doesn't tell me if there are any other partnerships, integrators, people using APIs to build their own stuff, whatever. For basic paid subs, some sort of breakdown e.g. between b2b and b2c would be useful as well.
I guess my point is the data is fine but should really be called "how much money does zoom make"
NBonaparte_BG t1_iv0my67 wrote
Interesting how Zoom has the smallest market in Asia despite being founded by a Chinese national. It may mainly be due to stronger competitors in China such as Tencent's VooV Meeting.
FriendKitchen5258 t1_iv0o96x wrote
Middle East is in EMEA and not APac like showm in images
[deleted] t1_iv0tw9b wrote
[removed]
[deleted] t1_iv0wwu8 wrote
[deleted]
[deleted] t1_iv0x0vv wrote
[deleted]
Romanian_ t1_iv101gh wrote
Not really. Most of the tax credit is from the company shifting tax liability to employees through stock options.
So they are giving out stock options which count as an expense at the price the option is exercised at.
[deleted] t1_iv11h67 wrote
[deleted]
Satanistreindeer t1_iv15yo7 wrote
It's an expensive product to license out. Webinar licenses cost thousands.
tinySparkOf_Chaos t1_iv1734h wrote
Zoom did ONE thing amazingly well. It's was super easy to get people into a call. Click link in email --> be in zoom call. No fuss, no frills, No extra buttons or menus for Grandpa to accidently click and get lost in. More importantly no account needed.
Even starting a new call was easy. You could email the link to someone from in the call you were in. scheduling calls had a similar super easy UI
As for replacing other options, it wasn't just Discord, lots of other video conferencing software exists, and was in fact already being used for b2b (Cisco).
Have you ever tried to schedule video call event in discord with people who haven't used it before? I tried to host virtual Halloween parties etc in 2020. It worked but it was very clunky.
In order to have a specific guest list I had to create a new server. Then email out a server join code. People trying to join were forced to make a discord account if they didn't have one. And once in the server since people didn't know how to actually join the video call portion and how to turn on their video in the voice chat.
On the flip side I saw people trying to use zoom for a virtual conferences... Which was always a disaster because zoom doesn't have the tools for that. Meanwhile discord or something similar would have been perfect.
minoritylife t1_iv17apm wrote
Zooms Money* the correct title
Eldan985 t1_iv1etsm wrote
Sure, but even then, this graph doesn't tell you that. The title is wrong. This graph doesn't tell you how the money is made, it's how it's spent.
psitor t1_iv1fhda wrote
Yeah, if anything there's more detail on how Zoom spends money
JewishTomCruise t1_iv1hujw wrote
OCE also doesn't exist according to this.
roflolmaomgdi t1_iv1jtq9 wrote
I'm really loving this type of graph. What do you call it and how do I make one?
[deleted] t1_iv1ku61 wrote
[deleted]
Adithatdude t1_iv1oohf wrote
As someone who works there and sells our product daily, you are so far off. Talking about two different companies.
bcjh t1_iv1pfxv wrote
Set up a zoom call with me and I’ll tell ya’
Maakus t1_iv1ppy2 wrote
Care to correct them?
no_usernames_avail t1_iv1rmff wrote
Sankey. Either online tools or power bi. Pain to make in tableau but have done before.
Asleep_Emphasis69 t1_iv1vfry wrote
Gotta love it when Cost of Rev = Operating Profit
Drift_Life t1_iv1vkwg wrote
Perhaps they are mistaking Zoom and ZoomInfo, very different companies but I do think that Zoom is coming out with something for sales professionals
BittenHare t1_iv228f0 wrote
How is Europe so much less than America?
nova9001 t1_iv22ben wrote
https://en.wikipedia.org/wiki/Zoom_Video_Communications
Forced by American government to choose between China or US. Clearly they prefer US market so had to drop China.
>In March 2021, Zoom announced that from August 23, 2021, Zoom will stop selling new and upgraded products directly to customers in mainland China.[86][87]
sudoku7 t1_iv26bql wrote
>Pretty wild how a business with a 27% EBIT margin is getting an extra 7% back in tax credits.
Tech companies love those 'research' tax credits.
EVOSexyBeast t1_iv26ytw wrote
Can you please share how Zoom makes money?
Dixyplayer t1_iv2fji5 wrote
Isn't this is more on how the spent their money?
jmlinden7 t1_iv2gnmm wrote
They had a lot of losses prior to 2021
Training-Maybe-9873 t1_iv2guwz wrote
How is their EMEA revenue so low? Feels like everyone uses it here.
[deleted] t1_iv2iydp wrote
[removed]
BadBunnyYonaguni t1_iv2qmo2 wrote
China is included in APAC.
LittleBirdyLover t1_iv2s1lz wrote
Zoom also operates in China. Just not consistently. On off relationship.
millhouse-DXB t1_iv2vr12 wrote
Small market and no one would pay for it in mena.
Tsu_Dho_Namh t1_iv30rxb wrote
I am also curious.
They have no ads. And their paid plans are used by so few people. And streaming real-time audio-video is expensive.
tules t1_iv31nr6 wrote
Yeah, I assumed that's what it was.
EVOSexyBeast t1_iv324o9 wrote
Apparently they charge corporations and universities a good amount of money for their enterprise services.
psitor t1_iv37oor wrote
I think you might have replied to the wrong comment?
yonosoytonto t1_iv5y4tl wrote
It seems that they get their money by revenuing.
Adithatdude t1_ivcexn6 wrote
Of course…Zoom is often mistaken as just a video meetings platform for consumers and businesses alike. Zoom is so much more, as it is a platform that has chat, phone, SMS, video, whiteboarding, digital signage, conference room solutions, webinars, API/SDK integrations, app marketplace, Zoom IQ (AI solution to analyze conversations), contact center and it also has an events platform. These products above vary in price; but let’s say a large enterprise customer within the S&P 500 buys 100,000 licenses of meetings and phone at $20 per user, 1,000 webinar licenses at $79 per user, and 250 Zoom Rooms… and mind you, this is billed monthly… that’s a lot of recurring revenue for the business. I’m by no means advocating for the stock or pushing anything; just giving a high level look at how revenue can be generated at Zoom.
giteam OP t1_iv0ag2u wrote
Source:
Zoom
Genuine Impact newsletter
Tools:
Figma Sankey