Steve Blank

APRIL 21, 2011

Virtual channels include Dedicated e-commerce, Two-step e-distribution and Aggregators. Veritas , the team building a low cost residential wind turbine. In talking to customers, the team found that cities are actively trying to reduce street lighting costs (retrofitting with LEDs, turning off lights, and charging streetlight fees.)

Channel 234

Channel Artificial Inteligence San Francisco Business Model 234

VC Cafe

MARCH 1, 2024

I’ve recently come across several of such lists and I thought it could be useful to aggregate them and share them here. Small fine-tuned models as an alternative to giant generic ones – when finely tuned with appropriate data, smaller, specialised LLMs can yield comparable results at a fraction of the cost.

Artificial Inteligence 176

Artificial Inteligence Technical Review Software Review Generative AI 176

Up and Running

MAY 1, 2014

Milestones and Metrics. Deciding on your price can feel more like an art than a science, but there are some basic rules that you should follow: Your pricing should cover your costs. You can look at your costs and then mark up your offering from there. Milestones and Metrics. Read more ». Marketing and Sales Plan.

Business Plan 163

Business Plan Forecast Balance Sheet Distribution 163

Occam's Razor

MARCH 23, 2010

Because every tool uses its own sweet metrics definitions, cookie rules, session start and end rules and so much more. Never bother to do a online usability study (it just costs $20 a pop!!). If you don't kill 25% of your metrics each year, you are doing something wrong. our measurement strategies 2. success measures.

Analytics 119

Analytics Web Metrics Channel 119

ConversionXL

APRIL 10, 2019

Form analytics provide quantitative data on metrics such as field timings, field re-entries, last field before abandonment, completion rates by segment, etc. Some of the tools below track dozens of metrics—even aggregating them into broader field “health” metrics—and visualize those metrics in clear reports.

Analytics 130

Analytics Metrics United Kingdom Software 130

View from Seed

MARCH 1, 2016

Are you aggregating and leveraging a competitive dataset none will be able to reproduce? Are you able to achieve pricing 10 times better than incumbents due to unfair cost advantages? You need to clearly frame your core hypothesis, and you need to frame the metrics and indicators that would confirm its deeper truth.

Founder 120

Founder Technical Review Cofounder Non-Compete 120

The Startup Magazine

MARCH 1, 2021

The consequences of being late or making critical mistakes tally up into the millions, yet McKinsey estimates that 90% of projects suffer cost overruns – and two thirds are at least 40% late. ICAS® will give customers real visibility over their project, its metrics and progress – ultimately better serving their needs.

Technical Review 125

Technical Review Founder Saudi Arabia Cofounder 125

ConversionXL

SEPTEMBER 13, 2018

Google Analytics switched its default metric from “sessions” to “users” in 2018, mirroring Mixpanel’s emphasis on users over pageviews. Google’s dominance of the ad market has bolstered its primacy for acquisition metrics—integrations with Google Ads (search and display) are comprehensive and seamless.

Analytics 119

Analytics Technical Review Acquisition Retention 119

ConversionXL

AUGUST 21, 2014

That’s why you need to be simultaneously feeding your growth engine , while monitoring churn and your other startup metrics. They refer to these differences as “ Red Flag” Metrics (or RFMs). Total number of logins also proved to be an important metric, though not as much so as the former two. times per day on average.

Retention 106

Retention Churn Rate Metrics Software Review 106

ConversionXL

NOVEMBER 6, 2017

The more well-known your company becomes, the harder it gets to directly impact primary KPI’s at the aggregate level because the majority of customers who buy are going to do so irrespective of if your button color is red or blue. But ultimately whether this is worth it depends on the cost to do this. Image Source.

Chad 112

Chad Mobile Technical Review Aggregator 112

Up and Running

AUGUST 24, 2020

Cutting costs , revisiting forecasts , and stabilizing your business. Simply put, IoT is a combination of sensor and data analytics systems, helping businesses aggregate metrics to make more accurate decisions. But there are plenty of cost-saving, productivity and even hiring benefits that make remote work an attractive option.

Technical Review 131

Technical Review Analytics Forecast Artificial Inteligence 131

Occam's Razor

JULY 12, 2010

I threw out the world class tool, purchased ClickTracks for a fraction of the cost and put money into Analysts and boom! Please click on the above image for a higher resolution version , including all the other metrics.]. You have aggregated data into three pieces and we all know aggregated data stinks at delivering insights!

Analytics 97

Analytics Viral Web Mobile 97

www.forentrepreneurs.com

FEBRUARY 2, 2010

Blog About Log in Register Designing startup metrics to drive successful behavior Great companies are almost always run by great management teams. Good metrics should also be actionable, and drive successful behavior. In a follow up post, I will use this technique to walk through the design of a set of metrics for a SaaS company.

Metrics 55

Metrics Design Entrepreneur Startup 55

Occam's Razor

APRIL 21, 2014

Find campaigns where they are spending most money, lower the bounce rate and reduce acquisition cost. I believe these two posts with a collection of some of my favorite metrics will inspire you: 1. Best Metrics For Digital Marketing: Rock Your Own And Rent Strategies 2. But they don't realize the cost. strategies).

Analytics 132

Analytics Marketing Campaign Metrics 132

ConversionXL

JUNE 26, 2019

With access to countless metrics, it’s easy to obsess over email opens or bounce rates. Although these metrics can be tracked, they don’t tell you much. Some businesses use a North Star Metric to symbolize this focus, while others pick a revenue number. Metric Scenario A Scenario B Difference Customer Count Current (e.g.

Framework 121

Framework Churn Rate Metrics Revenue 121

Startup Lessons Learned

APRIL 14, 2009

Every board meeting, the metrics of success change. They know how much it costs to bring in a customer and they know how much money they can expect to make on each one. First of all, it means that most aggregate measures of success, like total revenue, are not very useful. And yet, their investors are frustrated.

Customer 167

Customer San Francisco Lean Hockey Stick 167

Occam's Razor

OCTOBER 21, 2013

Aggregated search engine level analysis. This is a simple custom report I use to look at the aggregated view: As the report above demonstrates, you can still report on your other metrics, like Unique Visitors, Bounce Rates, Per Visit Value and many others, at an aggregated level. See Page Value there?

Search 156

Search SEO Analytics Engineer 156

Occam's Razor

AUGUST 12, 2013

And you are telling me that the Cost Per Acquisition for my display campaigns is not $201 but rather a lowly $155? One of my favorite exercises is to do the above analysis based on Cost Per Acquisition, rather than just conversions. You don't have to do attribution analysis for all your conversions in aggregate.

Channel 162

Channel Analytics Campaign Conversion 162

ConversionXL

MAY 16, 2018

Know the difference between leading and lagging metrics. Better examples of a falsifiable hypothesis might be: I believe my shoe business is losing money because our sneakers are priced too high and by reducing the cost we will increase sales by at least 50%. What leading indicators are the clearest predictors of these success metrics?

Marketing 133

Marketing Metrics Programming Design 133

Up and Running

SEPTEMBER 10, 2021

This typically involves a CRM system or tool that helps automate and aggregate various customer touchpoints. While the data that you care about will likely differ based on your business type, you can bucket it all under general customer satisfaction metrics. How to choose a CRM for your business.

Management 116

Management Customer Software Review Technical Review 116

Startup Lessons Learned

JUNE 5, 2009

In a startup context, numbers like gross revenue are actually vanity metrics, not actionable metrics. Similarly, it’s easy to generate large aggregate numbers by simply falling back to non-disruptive or non-sustainable tactics (see Validated learning about customers for one example). If it costs $0.10 But $10.00?

San Francisco 102

San Francisco Lean Continuous Deployment Startup 102

Startup Lessons Learned

AUGUST 24, 2009

As the costs of production fall, it’s getting easier and easier to send in a proposal or even a complete work. Despite all the energy invested in talking to authors about the size of their platform, very few gatekeepers have a rigorous set of metrics for measuring it. I’ve met a lot of gatekeepers in the past few months.

San Francisco 113

San Francisco Lean Technical Review Distribution 113

ConversionXL

JUNE 20, 2019

In comparison, Facebook Live shows overview metrics like minutes viewed, average percentage completion, and unique viewers.). CXL’s own Kyle Brodeur, who manages thousands of videos for CXL Institute courses , likes it for similar reasons: Vimeo has the cheapest cost for storing our videos with the feature sets we require.

Hosting 127

Hosting Video Technical Review Software Review 127

Occam's Razor

AUGUST 13, 2012

That means: All of these metrics are off. The central team is responsible for analytics frameworks, centralized contracts (tools, consultants), for aggregated company level analysis, complex project execution (experimentation, media mix models etc) and for setting standards. Pick metrics that matter. Hopefully soon!

Analytics 125

Analytics Channel Metrics Web 125

ConversionXL

AUGUST 19, 2020

Search ads may be extremely competitive, with cost-prohibitive CPCs. Your analysis should include media spend, creative production costs, software/technology costs, staffing, and agency fees. If your cost per acquisition from PPC is well inside your target range, why wouldn’t you invest more if there’s room to grow?

PPC 69

PPC SEO Channel Analytics 69

Startup Lessons Learned

DECEMBER 14, 2009

In an ecosystem, each participant acts according to its own imperatives, but these selfish actions have an aggregate effect. In an ecosystem, each participant acts according to its own imperatives, but these selfish actions have an aggregate effect. Why vanity metrics are dangerous What is Lean about the Lean Startup?

Customer 156

Customer San Francisco Viral Lean 156

ConversionXL

FEBRUARY 21, 2017

At a high level, user experience is the aggregate and subjective experience of using a product such as a website or app. Despite sometimes small sample sizes , you can calculate confidence intervals, and with some of them, compare your metrics to a database of other companies and competitors. Does it feel seamless and fun? A/B Testing.

Conversion 103

Conversion Metrics Architecture Design 103

Steve Blank

FEBRUARY 25, 2014

We collect the complete narrative of what they discovered talking to customers as well as aggregate interviews, hypotheses to test, invalidated hypotheses and mentor and instructor engagements. The Power of the Investment Readiness Level: Different Metrics for Different Industry Segments. Or watch the video here.). Medical Devices.

Incubator 318

Incubator Intellectual Property Startup Lean 318

ConversionXL

NOVEMBER 15, 2018

A hold-out group can deliver the answer, but, like everything, it comes at a cost. And while the value of testing may be apparent to those involved in it, individual test results do not aggregate into ROI calculations made in the C-Suite. But site development costs aren’t the only costs to consider. Image source ).

Artificial Inteligence 101

Artificial Inteligence Algorithm Audience Campaign 101

Agile VC

JUNE 5, 2011

4) Unique Reporting of Accounting: Much has been made in the press that Groupon has chosen to report alternative non-GAAP metrics in addition to GAAP accounting. IMO this is much ado about nothing, as any comptentent analyst can look at Groupon’s GAAP and non-GAAP metrics and get a good sense of the business.

North America 100

North America Chicago Boston Silicon Valley 100

eranki.tumblr.com

JULY 13, 2012

App-specific metrics. Another thing that became increasingly useful was to have thousands of custom stats aggregated over thousands of servers graphed. is it worth the engineering or product cost?) Very scalable, and this made it possible for us to track thousands of stats in near real time. URL: [link]. Notes: 89 ).

Software Review 94

Software Review Database SQL Aggregator 94

David Teten

APRIL 1, 2021

Then, pluck the low-hanging fruit: easy, low-cost, and highly scalable infrastructure. aggregates resources from all the VCs. Particularly when events are all virtual, this is an easy and low-cost way to build trusted relationships with the leaders in your space. AskAnything.VC I have developed a founder curriculum on my blog.

Private Equity 78

Private Equity Venture Capital Portfolio Equity 78

SVPG

FEBRUARY 23, 2014

Note: For the purposes of this article, consider the terms: “analytics,” “data,” “KPI" (Key Performance Indicator), and “metrics" to be synonymous. The data we aggregate (from all sources) can be a gold mine. I attribute this change to several factors. Inspire Product Work.

Analytics 87

Analytics Technical Review Aggregator B2B 87

Steve Blank

NOVEMBER 25, 2013

Investors sitting through Incubator or Accelerator demo days have three metrics to judge fledgling startups – 1) great looking product demos, 2) compelling PowerPoint slides, and 3) a world-class team. And we can offer investors metrics to play Moneyball – with the Investment Readiness Level. We think we can do better. Here’s how.

Oakland 330

Oakland Incubator Lean Metrics 330

Startup Lessons Learned

JANUARY 4, 2009

This has two major drawbacks: the central directory can become a single point of failure, and there is a performance cost for having to consult the directory ever time you want to access data anywhere in the cluster. This scheme maintains a lookup table somewhere in the cluster, that simply keeps track of which data is stored on which shard.

San Francisco 151

San Francisco Architecture Startup Database 151

Startup Lessons Learned

AUGUST 31, 2015

It all started with a small group of founders and product enthusiasts who self-aggregated into an online community. She shares: “We now use metrics like cost-per-learning and validation velocity to show progress since traditional things like ROI weren’t applicable.”

Lean 60

Lean United States Fractional CTO Startup 60

Occam's Razor

DECEMBER 12, 2011

I am going to attempt to significantly simply your life by recommending the critical few metrics you should use to analyze performance of your digital marketing campaigns and website. Recommend metrics / KPIs you can use based on the size of your company. Best Metrics / KPIs for Small Business Websites. Cost Per Acquisition.

Metrics 153

Metrics Web Analytics CPA 153