Remove Framework Remove Product Development Remove Retention
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Lessons Learned: The three drivers of growth for your business.

Startup Lessons Learned

is an elegant way to model any service-oriented business: Acquisition Activation Retention Referral Revenue We used a very similar scheme at IMVU, although we werent lucky enough to have started with this framework, and so had to derive a lot of it ourselves via trial and error. The AARRR model (hence pirates, get it?)

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The Expert Guide to Creating a Marketing Growth Strategy

ConversionXL

It outlines four major growth strategies: market penetration , market development , product development , and diversification. Marketers can use this framework to evaluate the risks associated with different growth strategies. Product development. During product development, test activities like: R&D.

Marketing 115
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Why Build, Measure, Learn – isn’t just throwing things against the wall to see if they work

Steve Blank

Waterfall Development. While it sounds simple , the Build Measure Learn approach to product development is a radical improvement over the traditional Waterfall model used throughout the 20 th century to build and ship products. But it lacked a framework for testing all commercialization hypotheses outside of the building.

Lean 120
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How to Build a User Research Culture

ConversionXL

It slows product development. The key is to connect user research to an improved user experience and, in turn, an increase in customer retention, leads, or any other metric for which C-suite members are accountable. The ResearchXL framework uses quantitative and qualitative user research to inform CRO strategies.

Design 111
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Entrepreneurial Excellence: Strategies for Business Growth

The Startup Magazine

This framework helps in creating clear and attainable objectives. Investment in Growth: Allocate funds strategically to areas that promote growth, such as marketing, product development, and talent acquisition. Vision Statement: Your vision statement should encapsulate your business’s long-term aspirations.

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Lessons Learned: Validated learning about customers

Startup Lessons Learned

Their product definition fluctuates wildly – one month, it’s a dessert topping, the next it’s a floor wax. Their product development team is hard at work on a next-generation product platform, which is designed to offer a new suite of products – but this effort is months behind schedule.

Customer 167
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Pivot, don't jump to a new vision

Startup Lessons Learned

Instead of these dead-ends, use the problem and solution team framework and then: pivot, dont jump. Our challenge is in the customer retention, and we're in the process of doing segment pivot to validate our hypothesis that the other market segment has longer retention. 15comments: chrislunt said. My question to you: 1.