VC Cafe

FEBRUARY 21, 2023

It’s not just the competition against the incumbents and the large tech platforms that founders has to worry about, but most importantly is the company’s performance and product market fit. Understanding the benchmarks on conversion, retention, and churn for your business is therefore critical.

Retention 109

Retention Conversion Churn Rate B2C 109

YoungUpstarts

APRIL 14, 2020

Companies that actively focus on CX can significantly reduce churn rates, increase retention rates, and earn higher revenues. Moreover, customers’ expectations around CX have evolved with the technology – they anticipate a personalized, seamless, and authentic experience across the board. .

Customer 162

Customer Technical Review Artificial Inteligence Retention 162

VC Cafe

NOVEMBER 2, 2019

When you start with an honest and diligent effort to determine the truth of your situation, the right decisions often become self-evident.” — Jim Collins , author of Good to Great. Is my churn rate below the category average? cohort retention curves that flatten (stickiness) actives/reg > 25% (validates TAM).

B2C 141

B2C Technical Review Startup Retention 141

Hearpreneur

JANUARY 30, 2022

Much of our lives and many of our enterprises have been able to continue in ways that would not have been conceivable 15 years ago due to technological advancements. Digital transformation efforts will be energized by our rapid embrace of technology. Digital technology is the other way businesses will pivot this year.

Entrepreneur 127

Entrepreneur Green Technical Review Social Media 127

ConversionXL

FEBRUARY 3, 2022

The goal of growth hacking as marketing is rapid growth, using strategies and tactics that leverage (and even exploit) technology, platforms, and behavior to reach an end goal. In the activation phase, measure these performance metrics: Conversion rate Number of customers using a product feature Drop-off rate Dwell time.

Retention 113

Retention Marketing Acquisition Channel 113

ConversionXL

OCTOBER 30, 2021

However, with every new technology, channel, and distraction served up by the internet, that journey becomes less linear, and the traditional funnel becomes less relevant. Prospects at this stage will be trying to get a complete picture of your business through reviews and recommendations. Think about your off-site presence.

Customer 140

Customer Marketing Social Media CPA 140

Duct Tape Marketing

MAY 30, 2024

Key Takeaways Chris Martinez’s journey underscores the importance of strategic pivots, understanding customer needs, leveraging technology, building a strong team, and continuous learning. By pivoting to a specialized niche, he aligned his services with client demands, enhancing efficiency and scalability through technology.

Mexico 91

Mexico Churn Rate San Diego Technical Review 91