Remove Management Remove Redemption Remove Sales
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How to Use Social Media To Drive Sales

ConversionXL

eCommerce sales during the last Black Friday topped $1 billion for the first time in history. For Facebook average order value was $74 with 76% of total social sales and 69% of total clicks. For Twitter average order value was $190 with 8% of total sales and 11% of total clicks. That’s ~12% more than the average person.

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From Loyalty Programs To Fan Clubs, A Paradigm Shift

YoungUpstarts

Real-time points and mileage redemption appeared at the POS, first introduced over a decade ago and now going mainstream. Social media is seen as something new that can be bolted onto existing CRM and loyalty management platforms. What was still missing was a simple way to identify a customer at the point of sale.

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How to Work with Lawyers at a Startup

Both Sides of the Table

Consider it a sales & marketing expense for them. How to manage costs - One of the biggest frustrations that people have with lawyers are unexpected costs. You can’t just understand “redemption rights&# in theory. Most lawyers that work with startups are willing to work on a deferred payment schedule.

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Going Public Circa 2020; Door #3: The SPAC

abovethecrowd.com

Twenty years ago, each investment bank had massive sales teams which were 10X larger than they are today. On an IPO, these commissioned sales executives would “hit the phones” to help make a deal successful (earning commission for each placement). Some SPACs (like Ackman’s) have features that make redemption less likely.

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How to Raise Prices for Existing Customers

ConversionXL

What if it’s harder to close sales or generate leads? That impact outpaces other business changes: Pricing right is the fastest and most effective way for managers to increase profits [.] They may: Reduce close rates for sales staff, even if those reduced rates are desirable. Image source ). Image source ).

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Flexible VC, a New Model for Companies Targeting Profitability

David Teten

As two fund managers employing Flexible VC, we think it is a healthy addition to the ecosystem and will yield more predictable and stable healthy returns for investors. Too often, investment structures force the management team to make decisions between misaligned growth and investment (return) objectives. Early liquidity.

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How to Improve Your Membership Management Using a POS System

The Startup Magazine

Whether you’re a gym, golf club, or just about any hospitality firm offering membership-based access for consumers, implementing a functional point of sale (POS) system that offers frictionless membership management can be a game-changer for your operational efficiency. Or is its operational efficiency in need of some improvement?