Startup Lessons Learned
SEPTEMBER 22, 2008
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?)
ReadWriteStart
JULY 12, 2023
The company, which started up in 2009 , has grown steadily over the past three years, expanding by an average of 60% annually. Companies in the IT management industry need customer acquisition and retention strategies that work to set them apart from the competition.
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SoCal CTO
OCTOBER 8, 2009
In many cases, I can break it down into: Customer Acquisition Cost – how will you reach prospects, how will you convert them and how much will it cost to convert them Customer Lifetime Value – how much will you make off of each converted customer This very simple model works for a surprising number of business models.
Startup Lessons Learned
APRIL 14, 2009
Lessons Learned by Eric Ries Tuesday, April 14, 2009 Validated learning about customers Would you rather have $30,000 or $1 million in revenues for your startup? Products can find sources of validation with impressive stats along a number of dimensions, such as high engagement, viral coefficient, or long-term retention. Great post!
The Startup Magazine
JULY 4, 2017
Size of the online gambling market from 2009 to 2020 (in billion U.S. The venture requires a massive financial investment due to the numerous expenses that include marketing, payment services, license acquisition alongside an early license fee. Overall the costs will involve a retention program for the loyal players.
ConversionXL
AUGUST 19, 2016
This “gap” first came to fruition in 2009 when retailers decided that the best way to attract mobile users was to create a mobile application. Marketers should also be looking at acquisition (visits, unique visitors, pageviews), behavior (pages per visit, time on site, bounce rate), and revenue (if you’re eCommerce). Image Source.
Startup Professionals Musings
JANUARY 16, 2011
In 1999, there were 486 IPOs nationwide; just 10 years later, in 2009, there were only 63. Do you need the IPO for your acquisitions strategy? Of course, you’re going to have to perform well to make that stock useful in the acquisitions process. Do you need this for recruitment and retention?
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