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Conversion, retention and churn benchmarks

VC Cafe

It’s not just the competition against the incumbents and the large tech platforms that founders has to worry about, but most importantly is the company’s performance and product market fit. A high retention rate indicates that customers find the product or service valuable and are likely to continue using it in the future.

Retention 109
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The False Dichotomy of B2C and B2B

Venture Chronicles

Ray Wang wrote a summary of CRM Evolution that I found particularly interesting, and one point in particular resonated with me because it aligns to something I have been talking about at Get Satisfaction for a while now… B2B and B2C distinctions are dead. B2C and B2B is dead. It doesn’t make sense.

B2C 36
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Evaluating The Viability Of AI In The Workplace

YoungUpstarts

Conduct Cost-Benefit Analyses. As they prepare to roll out their AI solutions, corporate leadership teams must be sure to conduct careful cost-benefit analyses. Further, it’s crucial for organizational leaders to conduct additional cost-benefit analyses of specific AI applications within their organizations. Bottom-line.

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500 Founders: Luke Campbell, Marta Meszaros, Andy Bowie & Abbe Hyde

NZ Entrepreneur

.” “If you’re a B2C business, go and figure out what channels will get you the leads you need, and at roughly what cost. If you’re a B2B business, go pitch your target audience before you have a product and validate what will make them say yes.

Founder 101
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7 Costly Mistakes e-Commerce Entrepreneurs Must Avoid

ReadWriteStart

One would be hard-pressed to come up with an example of a product that consumers are not yet buying online in 2023. It is normal for a starting business (whether in B2B or B2C) to attribute early growth to referrals. For 2022-2024, the expected CAGR for retail e-commerce is predicted to amount to no less than 8 percent.

Cost 78
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Guide to Create an Uber for Courier App

ReadWriteStart

Business to Consumer (B2C) – It is the most common type of business model. For example, manufacturing companies use On-demand courier delivery apps for kickstarting their production activities in their factories and plants. Various business models in an on-demand courier delivery app.

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Pricing determines your business

A Smart Bear: Startups and Marketing for Geeks

Price is as important as any other feature to determine product/market “fit.” ” How many times have you heard someone agree that “it would be great if someone did X,” but when show them someone did do X, but it costs $39.99, they don’t buy? But I disagree. simple enough to be self-service). . $1/mo