Remove 2002 Remove Metrics Remove Revenue Remove Sales
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Marketing and Growth Lessons for Uncertain Times

ConversionXL

In 2002, McKinsey published a study of 1,000 U.S. Although the company created an incentive plan to boost sales, its sales growth fell from 19% before the recession to 8% after—five percentage points below Staples’ postrecession sales growth rate. What the big studies have shown.

Marketing 121
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What Affects Nonprofit Executive Compensation?

Board Effect

To preserve the integrity of nonprofits, the IRS set new rules for nonprofit executive compensation in 2002. In general, nonprofit executive committees should focus more on social outcomes related to the mission over financial metrics. Nonprofits usually depend on a few different sources of revenue to keep them going.

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Stitch Fix: Reinventing Retail Through Personalization

abovethecrowd.com

A new pricing or packaging model does not by itself represent a meaningful core differentiation, and the rising abundance of “subscription” or “flash sales” companies heightened our concern with regard to barriers to entry. For starters, the business metrics are quite compelling. The company has clearly “struck a chord” with consumers.

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#KillerSaaSPitch in 10 Words (Part 2)

Cracking the Code

When Elon Musk received $200 million from the proceeds of the PayPal acquisition in 2002, he re-invested everything to build the next big thing: $100 million in SpaceX and $100 million in Tesla. You can read the full story here ) #8 Engine Developing a scalable sales and marketing engine is a key element of success for SaaS companies.

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Website Redesign for Higher Conversions? Tread Lightly

ConversionXL

If you just go ahead and redesign your site, chances are that it will fail – conversions / revenue per visitor actually go down. User experience guru Jared Spool was talking about the dangers of radical redesigns already back in 2003, Louis Rosenfeld was ranting against it in 2002, and so on. This happens to big sites too.

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How to Build Robust User Personas in Under a Month

ConversionXL

running regression analyses against success metrics), but we knew what our “ideal customer profile” looked like for the most part, and we knew which customer profiles were worth the most money to us generally. A research-based archetypal representative of your customer based on various attributes, attitudes, and characteristics.

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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.