YoungUpstarts

OCTOBER 31, 2017

by Robbie Kellman Baxter, author of “ The Membership Economy: Find Your Super Users, Master the Forever Transaction, and Build Recurring Revenue “ In today’s competitive market, customer engagement (or lack thereof) could determine whether your company sinks or swims.

Customer 171

Customer Retention Software Review Metrics 171

A Smart Bear: Startups and Marketing for Geeks

OCTOBER 17, 2011

All of the following definitions are meaningful, but each measures something different. It’s also not particularly useful when, again like WP Engine, the monthly cancellation rate is nice and low while new customer acquisition is healthy, because in this case — by definition — this metric diminishes asymptotically.

Business Model 245

Business Model Metrics Engineer Technical Review 245

Duct Tape Marketing

AUGUST 30, 2024

If I were to give marketing strategy an emotional definition, it's how you will place the flag in the sand to say, “Here's how we're going to dominate.” Did you know 80% of a company's revenue comes from just 20% of its existing customers? But that probably isn’t helpful in understanding how to create a successful marketing strategy.

Marketing 92

Marketing Retention Algorithm Advertising 92

Startup Lessons Learned

APRIL 14, 2009

Lessons Learned by Eric Ries Tuesday, April 14, 2009 Validated learning about customers Would you rather have $30,000 or $1 million in revenues for your startup? All things being equal, of course, you’d rather have more revenue rather than less. And yet revenue alone is not a sufficient goal.

Customer 167

Customer San Francisco Lean Hockey Stick 167

Hunter Walker

APRIL 17, 2025

By early 2024, we were sustainably profitable for a second time, on track to generate over $30 million in revenue and starting to get some PEs and strategics showing interest in Issuu. In many ways, we fit their model, a primarily product led growth self service platform with good retention and a large global footprint of users.

Covenant 77

Covenant Acquisition IPO Artificial Inteligence 77

A Smart Bear: Startups and Marketing for Geeks

OCTOBER 13, 2015

Identify what role is missing from the company today, which also is the most vital for (your definition of) success over the next 12 months. (“Success” could mean revenue growth, great customer service, removing a large risk, or a dozen other things.). Instead, your process should be: 1. How to determine (1)?

Part-Time VPE 120

Part-Time VPE Hiring Retention Revenue 120

Occam's Razor

JULY 18, 2011

Finally let’s not forget a very, very important signal of our email marketing effectiveness: Subscriber retention rate = # subscribers – bounce backs – unsubscribes / # subscribers. It might seem logical that you’ll also measure the second most overused web metric: Average Revenue per Email Sent = total revenue / # of emails sent.

Metrics 138

Metrics Campaign Email Marketing 138

YoungUpstarts

NOVEMBER 28, 2013

Research by Bain & Co for Harvard Business Review, which looked at the costs and revenues associated with servicing customers, found that increasing customer retention by 5% could increase profits by between 25% and 95%. Satisfied customers will return, and may also tell their family and friends about their good experiences.

Customer 174

Customer Technical Review Retention Social Network 174

ConversionXL

SEPTEMBER 13, 2018

You’ll be able to see which acquisition channels are best for long-term retention or lifetime value, not simply those that drive initial conversions. Google Analytics is definitely better at measuring traffic,” noted Dan McGaw, the founder and CMO of Effin Amazing. Engagement, conversion, and retention. The paradox was clear.

Analytics 119

Analytics Technical Review Acquisition Retention 119

Startup Professionals Musings

AUGUST 31, 2014

The revenue model you select is basically the implementation of your business strategy, and the key to attaining your financial objectives. So what are some of the most common revenue models being used by startups today? It definitely requires founders with deep pockets and investors willing to take a huge leap of faith.

Revenue 287

Revenue Startup Business Model Retention 287

SoCal CTO

OCTOBER 5, 2010

10 Tips for Adding Game Mechanics to a Non-Gaming Service - ReadWriteStart , September 21, 2010 Game mechanics have become a popular way of increasing user engagement and pushing user adoption, referral and retention, and many startups have sought ways to incorporate game mechanics into their sites. Why You Should Write. Status / reputation.

Technology 191

Technology Product San Francisco CTO Hire 191

Growthink Blog

DECEMBER 27, 2017

How many customers fit the definition? Detail your customer retention plan. Detail all revenue streams. Be sure to include all revenue streams. Depending on the type of business, these may include sales of products/services, referral revenues, advertising sales, licensing/royalty fees, and/or data sales.

Venture Capital 129

Venture Capital Business Plan Technical Review Private Placement 129

Hearpreneur

SEPTEMBER 27, 2020

The idea about success remains popular but its definition means different to everyone and so is it’s measure. 2- Depends on one’s definition of success. The definition of success differs from person to person, and business to business. If it’s the other way around, then its definitely overrated.

Entrepreneur 133

Entrepreneur .Net Metrics Revenue 133

Startup Lessons Learned

DECEMBER 14, 2009

Some companies definitely should. Others definitely shouldn’t. Now, Andrew’s excellent piece that I quoted from above correctly diagnoses two situations where consumer internet companies often get in trouble: They focus too much on short-term revenue, getting caught in a local maximum via constant optimization.

Customer 156

Customer San Francisco Viral Lean 156

ConversionXL

NOVEMBER 22, 2022

Click-Through Rate Definition The Conversion Rate Formula: How to Calculate Conversion Rate Bounce Rate: Everything You Want to Know and More How To Calculate and Increase Customer Lifetime Value PPC Click-Through-Rate: What it Means and How to Use It (and Improve It) How to Track and Improve Ecommerce Customer Acquisition Effectiveness.

Metrics 105

Metrics Analytics Marketing Acquisition 105

ConversionXL

JUNE 2, 2022

Because every business adapts ABM to suit their own growth model, the definition changes to fit. In this article, you’ll learn how to define your ABM strategy so you can target the right accounts and increase your revenue. Sales and marketing collaborate until a deal is closed and beyond to secure long-term customer retention.

Customer 98

Customer Marketing Channel Acquisition 98

Steve Blank

MAY 6, 2015

These hypotheses span the gamut from who’s the customer(s), to what’s the value proposition (product/service features), pricing, distribution channel, and demand creation (customer acquisition, activation, retention, etc.). revenue streams generated by the value proposition(s). customer relationships to create demand.

Lean 120

Lean Agile Business Model Customer Development 120

ConversionXL

JULY 18, 2017

It seems like the definition of product analytics is always changing, but I like definition from the folks over at Amplitude : “Product analytics show you who your users are, what they want, and how to keep them”. Ecommerce companies who get the majority of their revenue from digital properties would also fit into this group.

Analytics 123

Analytics Product Channel Retention 123

Startup Professionals Musings

APRIL 11, 2022

Every business needs revenue to provide investor returns and offset costs. Free” is not an attractive revenue model to investors. Popular revenue models today include recurring subscription charges, licensing, as well the traditional sale or lease model. Investors will demand clear channel definitions.

Business Model 334

Business Model Intellectual Property Angel Investor Channel 334

ConversionXL

SEPTEMBER 10, 2018

Retention of agency services for manual work that could be automated. In contrast, companies ignore a huge part of the post-purchase funnel that doesn’t require expensive advertising, and it’s definitely hampering their growth. This could be retention efforts to keep them happy so you earn more repeat sales and increase lifetime value.

Metrics 132

Metrics Campaign Channel Advertising 132

Hearpreneur

JANUARY 23, 2022

It could be more revenue, hiring clients or launching a new product or service, but every new year is an exciting time because it’s ripe with opportunity. Increasing my revenue by attracting more leads is my plan for 2022. Thanks to Adam Wood, Revenue Geeks ! #10- 12- Boost revenue. 6- Boost organic traffic.

Entrepreneur 139

Entrepreneur Revenue Channel Technical Review 139

ReadWriteStart

JULY 15, 2022

If low engagement in millennials is an issue, business leaders need to find definite solutions to the issue. In fact, as per Forbes , companies with great cultures can increase their revenue by four times. Clearly, workplace empathy is vital for both engagement and retention when it comes to millennials.

Startup 140

Startup Employee Technical Review Retention 140

ConversionXL

NOVEMBER 21, 2017

Would a better onboarding experience improve month-one retention? Month-one retention will improve between 4 – 7%. Vision documents definitely helped reduce some of these issues, but getting tests off the ground was always tricky. That has definitely proven itself to be true.

Metrics 114

Metrics Database Retention Hiring 114

Gust

AUGUST 24, 2014

The revenue model you select is basically the implementation of your business strategy, and the key to attaining your financial objectives. So what are some of the most common revenue models being used by startups today? It definitely requires founders with deep pockets and investors willing to take a huge leap of faith.

Revenue 184

Revenue Startup Retention Internet 184

Hearpreneur

FEBRUARY 13, 2022

Automated, hyper-personalized marketing will help customer retention as well. While captivating, mouth-watering and high-definition photos have always been welcome in the food industry, videos that show food being prepared, cooked and even eaten will rule in the future because they create a more immersive experience for the audience.

Artificial Inteligence 126

Artificial Inteligence Software Review Technical Review Entrepreneur 126

Lightspeed Venture Partners

DECEMBER 3, 2010

The online video networks are doing terrific business, and even Yahoo is benefiting from increased brand spend, seeing revenue growth for the first time in a while. While the revenue numbers may not be huge in 2010, there is certainly promise to the business models that are developing on these platforms. How can you improve LTV ?

Internet 114

Internet eCommerce Advertising Flash 114

ConversionXL

JULY 18, 2017

It seems like the definition of product analytics is always changing, but I like definition from the folks over at Amplitude : “Product analytics show you who your users are, what they want, and how to keep them”. Ecommerce companies who get the majority of their revenue from digital properties would also fit into this group.

Analytics 107

Analytics Product Channel Retention 107

Startup Professionals Musings

MAY 23, 2013

The revenue model you select is basically the implementation of your business strategy, and the key to attaining your financial objectives. So what are some of the most common revenue models being used by startups today? It definitely requires founders with deep pockets and investors willing to take a huge leap of faith.

Product 290

Product Revenue Business Model Retention 290

ConversionXL

DECEMBER 7, 2017

That latter term is used to describe an initial offer that generates enough revenue to offset the cost of acquiring a customer. One of the definitions of entrepreneurship is doing more with limited resources. Say you have 1000 customers and $1000 to spend on customer retention and loyalty. Why use tripwire marketing?

Bankruptcy 106

Bankruptcy Marketing Campaign Intellectual Property 106

Duct Tape Marketing

AUGUST 22, 2024

12:00] Acquisition and Retention A fractional CMO should focus on both customer acquisition and retention. They need to generate new leads and maximize the value from existing customers through retention strategies and memorable customer experiences that lead to repeat business and referrals. [13:18] No shocker there.

Leadership 80

Leadership Technical Review Retention Widget 80

Hearpreneur

DECEMBER 10, 2019

It could be more revenue, hiring clients or launching a new product or service, but every new year is an exciting time because it’s ripe with opportunity. Employee retention has really become a problem, and companies spend hundreds of thousands of dollars when it comes to turnover. 11- Double our revenue.

Entrepreneur 97

Entrepreneur SEO Security Community 97

Guy Nirpaz

DECEMBER 12, 2011

This executive owner should be responsible for client retention. From a client to client perspective the owner should be a post-sales account manager, often referred to as a Client Advocate, Client Account Manager or Client Success Manager who is measured on retention, and not new sales revenue. Increase your sales revenue!

Retention 54

Retention Merger Programming Sales 54

Up and Running

JULY 10, 2019

These two factors definitely play a large part in its success. . This ensures you have some recurring revenue coming to cover overheads in the beginning. Why referrals and retention are the keys to long term growth. Having an effective retention strategy makes sense financially as well.

Retention 70

Retention Social Media Software Review Acquisition 70

Duct Tape Marketing

MAY 30, 2024

19:00] What’s the average retention on an agency? [20:28] And so that basically takes us up until around, well, we won all those Stevie Awards, we were doing millions and millions of dollars in revenue. If anything, it was like a retention strategy. Chris (16:30): Yes, definitely. And that's when dudes started.

Mexico 92

Mexico Churn Rate San Diego Technical Review 92

Startup Professionals Musings

JULY 13, 2019

Every business needs revenue to provide investor returns and offset costs. Free” is not an attractive revenue model to investors. Popular revenue models today include recurring subscription charges, licensing, as well the traditional sale or lease model. Investors will demand clear channel definitions.

Intellectual Property 250

Intellectual Property Business Model Angel Investor Channel 250

Duct Tape Marketing

AUGUST 23, 2023

Lloyed explores the intricate art of harnessing the community’s strength as your ultimate acquisition channe l, brand differentiator, feedback source, retention lever, and catalyst for transformative change. Lloyed Lobo (03:13): Definitely. Lloyed Lobo (11:48): Definitely. And then again, maybe share a few.

Community 68

Community Kuwait Cofounder Bootstrapping 68

Duct Tape Marketing

APRIL 9, 2024

You could choose our system to move from vendor to trusted advisor, attract only ideal clients, and confidently present your strategies to build monthly recurring revenue. It's one of the best retention tools out there. John (10:24): Well, yeah, I mean I think that's definitely the right way to look at it. That's right.

Kentucky 94

Kentucky Matching Retention Leadership 94