Remove 2002 Remove Advertising Remove Metrics Remove Naming
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Stitch Fix: Reinventing Retail Through Personalization

abovethecrowd.com

The company, which the founder cleverly named “Stitch Fix,” had a remarkably unique offering compared to other women’s fashion experiences. Also, many of these companies were built with heavy doses of advertising spend, a clear red-flag in our book. For starters, the business metrics are quite compelling.

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Marketing and Growth Lessons for Uncertain Times

ConversionXL

In 2002, McKinsey published a study of 1,000 U.S. can introduce a ‘fighter brand,’ a lower-priced version of the premium offering sold under a different name and backed by minimal advertising.” What the big studies have shown. companies covering the period 1982–99, which included a recession during 1990–91. Image source ).

Marketing 121
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How to Come up with Hundreds of Business Ideas

Up and Running

I’ll leave you with one last example: consider GoPro , t he camera company that got started in 2002. Palo Alto Software, for example, uses their own product, LivePlan , to manage and keep track of key business metrics. Most were plastic, or they were made using boring wood, or they were poorly shaped, poorly finished—you name it.

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How to Find Hundreds of Business Ideas

Up and Running

They’re a camera company that got started in 2002. At Palo Alto Software, we use our own product – LivePlan – to manage and keep track of key business metrics. Most were plastic, or they were made using boring wood, or they were poorly shaped, poorly finished, you name it. Very clever. Ever heard of GoPro?

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Survival of the Fittest Variation: Evolutionary Algorithms in Optimization

ConversionXL

To name just a pair: Testing simply takes time. It shows the increase in frequency over time of genotype A, which has a 1% greater relative fitness than the genotype B: It’s important to note that the genes that make up the algorithms, and the fitness metric are created by the practitioner. Our best instincts are often wrong.

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How to Build Robust User Personas in Under a Month

ConversionXL

They took on cheesy stock photos and cringey names like Big Spender Billy. It wasn’t helped by the fact that marketers seem fond of giving their personas silly names, such as “Social Butterfly Brenda” or “Value Hunter Valerie,” that attempt to collapse nuanced research into a single concept.

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How to Build Robust User Personas in Under a Month

ConversionXL

One of the best definitions I’ve found, which expounds a bit more, comes from Tony Zambito circa 2002 : Tony Zambito: Buyer personas are research-based archetypal (modeled) representations of who buyers are, what they are trying to accomplish, what goals drive their behavior, how they think, how they buy, and why they make buying decisions.