crowdSPRING Blog

NOVEMBER 30, 2012

Start With a Business Model, Not a Business Plan | WSJ – [link]. The danger of waiting to long to find a business model? The Biggest Problem in Mobile: Retention – [link]. Venture-Backed Commerce Sites Banking on TV Ads to Lure in Audiences | AllThingsD – [link]. Just got acquired?

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Social Media Small Business Central African Republic Design 100

Startup Lessons Learned

DECEMBER 14, 2009

Lessons Learned by Eric Ries Monday, December 14, 2009 Business ecology and the four customer currencies Lately, I’ve been rethinking the concept of “business model&# for startups, in favor of something I call “business ecology.&# Constructing a working business model is a form of ecosystem design.

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Customer San Francisco Viral Lean 156

The Next Web

AUGUST 26, 2012

The more your narrow down your target audience, the higher the chance is that you will be able to reach the crucial turning-point where you offer your customers enough added value to make them happy and returning. For many start-ups, the central focus is developing a product that offers value to a target audience.

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Bankruptcy Technical Review Intellectual Property Due Diligence 121

Hearpreneur

AUGUST 21, 2020

Innovation drives media attention and fosters customer retention rate, which is why most companies strive to have it in their mission statement. It benefits us because we’ve similar target audiences which reduces our trial and error. Innovative if a word often used to describe successful companies. 1- Open Bionics.

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Entrepreneur St. Louis Technical Review Mobile 149

Growthink Blog

DECEMBER 27, 2017

But how exactly will your business plan persuade investors to sign a check? This article provides advice on how to position each section of the business plan for an investor audience. These tips draw on Growthink’s decades of experience consulting to start-ups in the business planning and capital raising process.

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Venture Capital Business Plan Technical Review Private Placement 129

ConversionXL

JULY 21, 2022

How did Outreach grow in just a few years to 50,000 monthly active users , $10 million in new bookings, and net revenue retention (NRR) of more than 140%? NSMs should be used long-term, but you can opt to change your key metric when your old one no longer reflects company objectives or if your business model changes.

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Metrics Acquisition Revenue .Net 120

Hearpreneur

SEPTEMBER 22, 2021

It drives media attention and fosters customer retention rate, which is why most companies strive to have it in their mission statement. Tesla Tesla invented a successful business model for bringing compelling electric cars to the market. Innovative is a word often used to describe successful companies.

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Technical Review Entrepreneur Software Review SEO 139

Hearpreneur

NOVEMBER 2, 2022

Within the trade show industry specifically, as well as the marketing industry as a whole, technology is quickly advancing and adapting to better serve virtual audiences, cut through the noise, and personalize experiences for users. That’s not an HR policy or a perk; it’s our actual business model. 9- Customer Retention.

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Technical Review Software Review Artificial Inteligence Technology 126

ConversionXL

AUGUST 19, 2014

For starters, it enables Advanced Segments to be added directly to Adwords Display Targeting Audience Lists. (See Custom Dimensions are meant to describe data in a way that is custom tailored to one’s business model. Custom Dimensions are essential for creating a data model that is will allow you to answer business questions.

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Analytics Management Metrics HTML 133

ConversionXL

JUNE 2, 2022

Sales and marketing collaborate until a deal is closed and beyond to secure long-term customer retention. How you approach it will depend on your business model and ideal accounts and how (or if) you plan to expand campaigns. Step 3: Analyze your audience to build strong connections. Get executive buy-in.

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Customer Marketing Channel Acquisition 98

ReadWriteStart

OCTOBER 2, 2023

They poured their hearts and souls into creating an innovative product fueled by the desire to make a difference in the lives of their target audience. The goal is to create products that meet but exceed the expectations of your audience. However, despite their best efforts, they struggled to gain traction.

Design 105

Design Product Churn Rate Architecture 105

ConversionXL

APRIL 7, 2021

Sorry, but ABM is not B2B, nor is it right for all markets, business models, or companies (just like every company should not be running freemium aka PLG for acquisition.) Is ABM right for your business? You can also use enrichment data to personalize web experience, shorten forms, build better custom audiences and so on.

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IP Marketing Technical Review Software Review 98

ConversionXL

NOVEMBER 17, 2022

Digital analytics is the process of analyzing data to uncover insights that help improve business and marketing performance. It involves collecting and measuring data from interactions with your website, ecommerce store, social media channels, and mobile apps to make decisions based on audience or user behavior. Engagement rate.

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Analytics Metrics Channel Campaign 106

Up and Running

JULY 10, 2019

Better still, you can create lookalike audiences of people with similar behavior and interests to those who have visited your site. This is a great example of the brand running through every aspect of the business. . Why referrals and retention are the keys to long term growth. How should fitness studios build their brand?

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Retention Social Media Software Review Acquisition 70

ConversionXL

APRIL 30, 2014

Audience data (ie demographic data). When used intelligently, this can be used on every level of your marketing strategy from acquisition to retention to referrals. Keep in mind that the amount of authenticated users can, and will, vary greatly depending on your business model and your different digital experiences.

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Analytics eCommerce Software Review Campaign 97

Startup Lessons Learned

APRIL 14, 2009

What matters is proving the viability of the company’s business model, what investors call “traction.&# Of course this is not at all true of many profitable small businesses, but they are not what I mean by startups.) Most importantly, they have lots of data about the unit economics of their business.

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Customer San Francisco Lean Hockey Stick 167

YoungUpstarts

OCTOBER 13, 2020

Retention of Staff. Compounded with recent events – start-ups top priority should be staff retention, not sales. Retention of Clients. We identified three fundamental areas where founders need to direct their attention over the coming 12 months, in order to set the stage for KPIs to create positive outcomes.

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Management Founder Asia Cofounder 194

Startup Professionals Musings

JUNE 8, 2019

Change is the only constant in a successful business, to keep up with new competitors and new customer demands. Innovation must be applied to your business model, your processes, as well as your product offering. Focus on existing customer retention and repeat business. Capitalize on what already exists.

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ConversionXL

MARCH 29, 2017

If you don’t have a validated product or business model yet, stop here. There are a lot of different ways to approach this, depending on your business model and your goals. For example, in a year, do you think you can increase your retention by 30%? It Starts with the Product. before continuing.

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Marketing Distribution Retention eCommerce 48

Mucker Lab

APRIL 6, 2023

Are there types of companies, market segments, industries, or business models where PLG does not make sense? You're really getting enough early users to help you validate to achieve a certain level of retention rate. With that, you attract the same audience (in this case, marketers) as your main product, but this thing is free.

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Product CTO Hire Startup Fractional CTO 78

YoungUpstarts

MARCH 11, 2020

Branding is one of the most important investments you can make in your business, and developing your brand before going to market is an essential component to a successful launch. A brand is a company’s most valuable asset, as shaping external perceptions is the key to influencing audience behavior.

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Developer PR Differentiation Audience 182

The Startup Magazine

JANUARY 16, 2024

This pre-promotion phase allows your enterprise to generate buzz and capture the attention of your audience before the actual offer is revealed. There are plenty of ways businesses like yours can share intriguing hints or sneak peeks about the upcoming promotion.

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Flash Sales Campaign Social Media 147

ConversionXL

AUGUST 12, 2016

A flowing sales funnel is crucial in any business, but even more so with SaaS businesses… Unlike other business models, revenue is generated over an extended period of time. MRR is probably the most critical metric for any subscription business. It’s what makes the subscription model awesome.

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Software Review Metrics Revenue Acquisition 48

Hunter Walker

SEPTEMBER 9, 2023

And that the world benefits when little stands in between creator and audience. Hence, conversion rates and retention fall over time. I’m not saying it’s fair. I’m not saying it’s without tradeoffs. Global Fandom.

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Non-Compete Distribution Community B2B 174

VC Cafe

OCTOBER 23, 2022

Revenue can be the result of good marketing, but without taking into account usage and retention, focusing on revenue alone can be misleading. After surveying over 40 growth stage companies, Lenny concluded that the North Star Metric depends on the company’s business model and what drives growth.

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Metrics Revenue B2C Portfolio 179

View from Seed

SEPTEMBER 11, 2019

For consumer companies this is usually around user acquisition, engagement, and retention. If in the long run your B2C business is likely to have an ad-based revenue model, the ability to acquire a large number of users at zero or extraordinarily low cost is critical.

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Seed Stage B2B Seed Capital Revenue 149

ConversionXL

OCTOBER 30, 2019

What about stages three through seven, which can generally be grouped under the “ retention ” umbrella? We know how important and valuable retention is. We’re all familiar with the classic retention stats: Acquiring new customers is 5–25 times more expensive than retaining existing customers. Speed to first value experience.

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Retention Metrics Churn Rate Acquisition 101

ConversionXL

NOVEMBER 12, 2020

While your audience does face an increasingly large number of distractions, it’s time we put the goldfish myth to bed. Yes, 40% of small businesses don’t have a website—if you believe a 500-company sample from years ago. If it costs 5–25x more to acquire a customer, retention deserves most of your attention.

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Marketing Retention Email Video 113

Hearpreneur

AUGUST 18, 2019

Innovation drives media attention and fosters customer retention rate, which is why most companies strive to have it in their mission statement. One of the companies that I admire is United Wholesale Mortgage(UWM) for their innovative business model. Innovative if a word often used to describe successful companies. 6- Lululemon.

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Las Vegas Entrepreneur LLC PR 114

Austin Startup

FEBRUARY 20, 2020

One of 50 finalists for SXSW Pitch 2020 , see the Quantstamp pitch in the category of Blockchain Technology (12:30 pm to 1:30 pm Sunday, March 15) before a live audience and a panel of expert judges. Companies including Siemens, Maker, and Kakao have trusted Quantstamp to secure over $1.5

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San Francisco Cofounder Colorado Security 97

andrewchenblog.com

JANUARY 28, 2010

To become profitable using a freemium business model, this simple equation must hold true: Lifetime value > Cost per acquisition + Cost of service (paying & free) Said in plain english, the lifetime value of your paying customers needs to be greater than the cost it took to acquire them, plus, the cost servicing all users (free or paying).

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CPA Retention Viral Acquisition 51

Women Entrepreneurs Can

DECEMBER 7, 2021

If you have the intention to grow by bringing investors on board, you will need a business plan to pitch your business as a worthwhile investment. Create a solid business plan to help map out your business models and keep your start-up on track with its goals. That will eventually lead to organic growth.

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Founder Startup Metrics Reputation 59

Startup Lessons Learned

SEPTEMBER 22, 2008

Lessons Learned by Eric Ries Monday, September 22, 2008 The three drivers of growth for your business model. The AARRR model (hence pirates, get it?) He also has a discussion of how your choice of business model determines which of these metric areas you want to focus on. Choose one.

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San Francisco CPA SEM CTO Hire 167

ConversionXL

OCTOBER 30, 2019

What about stages three through seven, which can generally be grouped under the “ retention ” umbrella? We know how important and valuable retention is. We’re all familiar with the classic retention stats: Acquiring new customers is 5–25 times more expensive than retaining existing customers. How to master CRO for SaaS.

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Retention Metrics Churn Rate Acquisition 48

ConversionXL

AUGUST 10, 2016

.” Yet, we continue to see businesses pushing leads through doors, pushing customers through funnels… just hoping that they’ll create a high quality, engaged audience by accident. A high quality, engaged audience is anything but accidental. day 1 retention). Or Slack’s 2,000 messages.

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NPV Metrics Retention San Francisco 48

Startup Lessons Learned

OCTOBER 19, 2013

Here I''d recommend developers build as minimal as possible of an HTML5 app, hook up all the requisite analytics, and test as early as possible for retention on the core action loop they want their users to take. For an existing product on mobile, there are many ways to segment your audience to test new features.

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Mobile Developer Technical Review Lean 167

Hearpreneur

DECEMBER 28, 2022

It may not even be necessary to change my business model, just having a digital storefront may be enough to get people back to shopping. 20- Client retention. In the next year, I will be pivoting my business to focus more on client retention. 22- Customer retention. 18- Expand speaking engagements.

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Social Media Entrepreneur Retention Finance 127