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Conversion, retention and churn benchmarks

VC Cafe

Understanding the benchmarks on conversion, retention, and churn for your business is therefore critical. Let’s get the definitions straight: Conversion : The percentage of potential customers who complete a desired action, such as signing up for a trial, making a purchase, or subscribing to a service.

Retention 109
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Startup Metrics

TechEmpower

Proving your Business Model Works - Build, Define, and Review But how do you prove your numbers? Then use what you’ve learned in this blog post to decide if the numbers validate your business model, or if you need to rethink your approach. Be sure to check out the entire presentation.

Metrics 260
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5 Key Points Of Focus For Every Scalable New Venture

Startup Professionals Musings

Nail the business model. Leverage your customer conversations to predict and validate your business model. Don’t forget a viable financial model of costs, margins, customer acquisition, and break-even. Do real tests with real pricing to see if customers will pay you, without being pushed.

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Six Nudges: Creating A Sense Of Urgency For Higher Conversion Rates!

Occam's Razor

I mean developing and inserting a subtle collection of gentle nudges that can help increase the conversion rate by a statistically significant amount. Go look at your ecommerce conversion rate. Go look at your ecommerce conversion rate. It shows you how often you win. :) Your overall conversion rate is likely to be around 2%.

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It’s Not a Conversion Problem, It’s a Customer Development Problem

ConversionXL

I feel like “conversion rate optimization” is in 2013 what “social media marketing” was in 2009. Not because they have a conversion problem but because they never really nail the product or how to market it. This is not a conversion problem. Most startups fail. This is a customer development problem.

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Come Join Our Investment Team in NYC!

View from Seed

You have a point of view on emerging technology and business models, and you are not afraid to voice your conviction. You resonate with the NextView mission to “design the future that we want to live in” You enjoy meeting new people and have a healthy appetite for conversation. What Will The Job Be Like.

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Ten Conversations That Are Undermining Your Strategy And Killing Performance

YoungUpstarts

Did you know that the business world, in general, is a vast network of interrelated conversations? What this means is that the conversations that take place between your team members are incredibly important. Most of these conversations aren’t visible to leaders. It’s true. In fact, they’re everything.