ConversionXL

JUNE 5, 2014

Has your company’s customer retention rate increased, decreased or remained status quo over the past five years? Have you outlined and initiated a formal customer retention strategy? In a study by Harvard Business School , it was found that increasing customer retention by even 5% can increase profits between 25-95%.

Retention 115

Retention Customer Developer Programming 115

View from Seed

NOVEMBER 18, 2020

For reference, high-flying megacap tech stocks like Apple and Google have operating income margins >20% and Facebook and Microsoft have operating income margins >30%. Airbnb has pretty strong revenue retention… their cohort data shows them getting 35-45% of first year revenue in years 2, 3, 4, and 5.

North America 401

North America IPO Prospectus Europe 401

ConversionXL

JUNE 5, 2014

Has your company’s customer retention rate increased, decreased or remained status quo over the past five years? Have you outlined and initiated a formal customer retention strategy? In a study by Harvard Business School , it was found that increasing customer retention by even 5% can increase profits between 25-95%.

Retention 105

Retention Customer Developer Programming 105

ConversionXL

JUNE 5, 2014

Has your company’s customer retention rate increased, decreased or remained status quo over the past five years? Have you outlined and initiated a formal customer retention strategy? In a study by Harvard Business School , it was found that increasing customer retention by even 5% can increase profits between 25-95%.

Retention 98

Retention Customer Developer Programming 98

Startup Professionals Musings

FEBRUARY 6, 2019

Whether you are contemplating an investment in your favorite startup, or a little-known stock on a public exchange, there is “big data” out there that can’t possibly be evaluated by you without predictive analytics. Customer retention with churn modeling. Without predictive targeting, a retention campaign may cost more than it gains.

Analytics 177

Analytics Retention Social Media Campaign 177

The Startup Magazine

JULY 11, 2024

Having menu items in stock at all times increases customer satisfaction. A personalized experience enhances customer satisfaction, builds loyalty, and improves retention. Owners can use this data to create special offers so they don’t have deadstock.

Software Review 158

Software Review Analytics Technical Review Software 158

ConversionXL

SEPTEMBER 1, 2020

When we surveyed 450 professionals last year, our study revealed that 65% invest at least 70% of their budget on acquisition, and that NPS , CLV, and retention are among the least-monitored KPIs. Customer retention rate; New customer stickiness. Customer retention rate. Developing the retention strategy. RFM distribution.

Customer 132

Customer SMS Retention Acquisition 132

The Startup Magazine

MARCH 10, 2022

Photo by Startup Stock Photos from Pexels. It will fuel retention and loyalty with existing ones and bring new ones. But you can look at the brighter side of the picture as there are ways to address these challenges and achieve your growth targets. Create your niche.

Technical Review 167

Technical Review Due Diligence Startup Retention 167

ConversionXL

JUNE 15, 2021

It must align with the marketing funnel stages (awareness, consideration, conversion, retention) as well as the customer journey. Whether that’s to: Intrigue (awareness); Educate (consideration); Influence a purchase (conversion); Or inspire engagement (retention). Retention—Inspire engagement. Storytelling mistakes to avoid.

Audience 153

Audience Retention Campaign Video 153

The Startup Magazine

MARCH 6, 2024

Legal Issues Handling: Companies that keep in mind the legal policies and devise operational strategies accordingly have fewer employee grievances and more workforce retention than companies inconsiderate of such regulations. Revenue generation can be increased and sped up using efficient strategic moves and policies.

Operations 158

Operations Management Software Review Technical Review 158

YoungUpstarts

DECEMBER 5, 2013

They were locking in value before the currency depreciated further, converting cash and credit into hard commodities like groceries, appliances and other things they could stock up on. Stocking up is the traditional way of converting cash into commodities. That was a decade ago. How about today?

Programming 150

Programming Turkey Social Media Redemption 150

Startup Professionals Musings

FEBRUARY 18, 2016

Whether you are contemplating an investment in your favorite startup, or a little-known stock on a public exchange, there is “big data” out there that can’t possibly be evaluated by you without predictive analytics. Customer retention with churn modeling. Without predictive targeting, a retention campaign may cost more than it gains.

Analytics 120

Analytics Retention Social Media Campaign 120

The Startup Magazine

DECEMBER 18, 2018

The technology allows you to track how your stock is moving so that you can make orders early. Tracking employee retention. The process reduces the workload of remembering prices and entering prices on the computer. From the database, you are able to take inventory of your business goods. Analyze your sales in real time.

Global 109

Global Technical Review Software Review Retention 109

The Startup Magazine

JANUARY 17, 2021

It is quite challenging to envision stock turnover that occurs all day. The formula for calculating this turnover divides the sales in a specific interval by the average stock sold in that same period. CUSTOMER RETENTION RATE . INVENTORY TURNOVER. BUDGET VARIANCE. CONCLUSION.

.Net 124

.Net Metrics Retention Revenue 124

Hearpreneur

OCTOBER 25, 2023

5- Calculate stock reorder levels Photo Credit: Dani Mechlowitz When building an e-commerce business, it's essential to keep track of your inventory to avoid sell-out periods. In that initial growth phase, running out of stock can be detrimental and slow down the momentum of your business growth.

eCommerce 143

eCommerce Omaha Entrepreneur SEO 143

YoungUpstarts

FEBRUARY 13, 2019

by Robbie Kellman Baxter, author of “ The Membership Economy: Find Your Super Users, Master the Forever Transaction, and Build Recurring Revenue “ Everyone knows that retention is crucial for subscription-based companies. Blue Apron is hardly alone with its churn problem. The truth is, pricing usually isn’t the issue.

Customer 173

Customer Technical Review Retention Acquisition 173

ConversionXL

SEPTEMBER 9, 2021

Because of this, it spans two objectives: Turning customers into advocates Improving customer retention. Improve retention Improve consumer perception Sentiment, testimonials, reviews, customer support and service response time, etc. That’s not to say the app is over—retention among users is strong. Take Clubhouse, for example.

Social Media 142

Social Media Media Developer Marketing 142

Haystack

NOVEMBER 25, 2018

As Airtable only slowly moved into monetization, the last 4-6 quarters of retention and revenue growth likely convinced investors the product was not only here to stay, but very likely to accelerate revenue growth even more. It’s entirely possible the trend lifts these companies in due time, as well.

Technical Review 127

Technical Review Open Source Software Review Venture Capital 127

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

The Next Web

FEBRUARY 18, 2014

A recent article in The New Yorker took a hard-hitting look at the open office trend to take stock if the concept was a good or bad idea. The Bureau of Labor Statistics has even found telecommuting can boost productivity and increase retention. Is your open office floorplan killing your employees? Even better?

Startup 137

Startup Retention Employee Stock 137

The Startup Magazine

AUGUST 25, 2019

Photo by Startup Stock Photos from Pexels. Client Attraction, Retention, and Referrals is Everything. When I started my firm I was required to have a brick-and-mortar office, a street address where I kept all business records and where I could meet with clients. In most states, this is no longer required.

New Jersey 102

New Jersey Reputation Software Review Washington 102

VC Cafe

JULY 21, 2020

Search /Assistant – search partnerships are more of a ‘catch all’ bucket and can range from social content (like tweets) to stocks information etc. how do we improve retention) and Google helps the startups with best practices (i.e. Google Cloud or Google Compute). OKR setting, best practices for hiring, etc).

Technical Review 131

Technical Review Startup Early Stage Cloud 131

Startup Professionals Musings

MARCH 16, 2016

Overvalued stocks have been called "frothy’" for some time, but now the term is being tossed around in lieu of the word "bubble" in the new world of perceived overvalued startups. These deals usually come with retention packages -- so be careful. Could your startup be the next one? Frothy startup valuations.

Software Review 120

Software Review Sweat Equity Accredited Investor Angel Investor 120

YoungUpstarts

JUNE 5, 2020

Tim Hindes, co-founder and CEO of Stay Metrics, a provider of driver retention tools, believes that successful companies are the ones that lead with love from the top down. Right now, many people all over the world are taking stock of their lives and vowing to become better, kinder, more loving human beings.

Leadership 194

Leadership North America Dallas Employee 194

Mike Michalowicz

JULY 26, 2017

Social entrepreneurship can actually boost your employee retention rate and their productivity. Instead of using them, they can bring them back to headquarters where you can stock up and then deliver the goods to a shelter. Individuals, especially millennials, are increasingly expressing a desire to do meaningful work.

Vesting 106

Vesting Software Review Retention Community 106

Hearpreneur

NOVEMBER 2, 2022

9- Customer Retention. I work with cryptocurrency and stocks, meaning that technology is the core of our business. As technology, particularly surrounding the stock market and cryptocurrency continues to grow and change, so too does our company. Thanks to Ivo Iv, Decor Home Ideas ! #9- Photo Credit: Brianna Bitton.

Technical Review 126

Technical Review Software Review Artificial Inteligence Technology 126

ConversionXL

OCTOBER 14, 2021

They tick all three boxes in the “brand mass” department: They have a strong reputation in the market (as evidenced by continuous stock price growth) They’re incredibly relevant (there has never been a time where renewable energy was more important) They’re a giant in their industry, owning more than 80% market share. Take Tesla.

Metrics 157

Metrics Marketing Campaign Audience 157

www.avc.com

SEPTEMBER 22, 2011

Startups should be able to dramatically increase the value of their equity over the four years a stock grant vests. When you are doing retention grants, I like to use the same formula but divide the dollar value of the retention grant by two to reflect that they are being made every two years.

Equity 64

Equity Employee CTO Hire Fractional CTO 64

Both Sides of the Table

MAY 13, 2013

A couple of tech giants throw millions around in either cash (for which they have hoards) or part with some publicly traded stock. If the money comes from professional investors it usually has a “liquidation preference” meaning that their money comes out before the founders or common stock. (If And who cares, right?

Liquidation Preference 357

Liquidation Preference Early Stage Retention Lock-up Period 357

Gust

JULY 23, 2012

Donations of private stock enable investors, founders and employees to support charitable causes and contribute to the community while receiving simultaneous benefits in the form of substantial cash savings from reduced taxes as well as bypassing capital gains taxes. These assets often have a relatively low cost basis (e.g. The Tax Benefit.

Stock 114

Stock Capital Gains Warrant Stock Options 114

Hearpreneur

AUGUST 10, 2022

It drives media attention and fosters customer retention rate, which is why most companies strive to have it in their mission statement. Thanks to Adam Garcia, The Stock Dork ! #5- Innovative is a word often used to describe successful companies. One of the companies that are known for innovation is Apple.

Entrepreneur 127

Entrepreneur Technical Review Non-Compete Software Review 127

The Next Web

SEPTEMBER 24, 2013

The team practically lived in the office, worrying about server capacity, during that period, with Livingston regularly heading out to pick up McDonalds, coffee and other food and drinks to keep the troops stocked and focused. “At Not only is the company small, but the startup’s retention rate is near zero. Over the 4.5

Entrepreneur 167

Entrepreneur CTO Hire Startup Mobile 167

Up and Running

DECEMBER 1, 2015

At the time, Facebook wasn’t the goliath it is today and so, Choe was given a couple of options: he could have $60,000 in cash, or stock (equal to the equivalent amount of the cash back then). If however you are giving a “normal employee” an incentive stock option plan (more on that later), that’s entirely different.

Equity 60

Equity Employee Stock Options Vesting 60

Hearpreneur

JANUARY 1, 2023

Thanks to Abdul Saboor, The Stock Dork ! #2- Using feedback implements or engagement initiatives, keep employee expenditures lower later on by investing in teams’ satisfaction and retention now. 2- Create an emergency fund. Photo Credit: Eva Tian. Thanks to Kevin Miller, Kevin Miller. #6- 6- Focus on cash flow.

Entrepreneur 122

Entrepreneur Software Review Technical Review Revenue 122

Both Sides of the Table

MAY 2, 2015

Stock option top-ups after a few years are vital retention mechanisms. than to have to deal with healthcare benefit options, vacation policies, health-and-safety regulations and so forth. Yet being a buttoned up company requires all this. And it turns out that employee reviews matter.

Operations 150

Operations Metrics Early Stage Non-Compete 150

Feld Thoughts

JANUARY 17, 2013

I’ve never really understood why the majority of stock option refresh grants are stacked grants mid-way through the granting process. And it shouldn’t make sense to the management team either – their goal and my goal is aligned – get plenty of future option value locked via vesting as a reward and retention tool.

Stock Options 135

Stock Options Stock Vesting Retention 135

Hearpreneur

JANUARY 19, 2022

Especially during challenging times, retention is significantly more crucial than acquisition. Thanks to Adam Garcia, The Stock Dork ! #10- The pandemic also serves as a reminder to improve existing client connections rather than succumbing to shiny object syndrome and focusing solely on new prospects. 3- Caring for the team.

Entrepreneur 127

Entrepreneur Metrics Technical Review North America 127