ReadWriteStart
MARCH 8, 2021
While there’s nothing inherently wrong with this approach, and you do need customer acquisition to help your company grow, it often neglects an important counterpoint: customer retention. . Customer retention is the practice of ensuring that your current customers stay with your brand and/or continue buying from you in the future.
YoungUpstarts
OCTOBER 13, 2020
Retention of Staff. Compounded with recent events – start-ups top priority should be staff retention, not sales. Retention of Clients. We identified three fundamental areas where founders need to direct their attention over the coming 12 months, in order to set the stage for KPIs to create positive outcomes.
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Hearpreneur
AUGUST 10, 2022
It drives media attention and fosters customer retention rate, which is why most companies strive to have it in their mission statement. JetBlue has had to recreate established models and vertically integrate where the adjacent experiences for the customer and courageous brand to reinvent an entire ecosystem in this way.
Austin Startup
FEBRUARY 20, 2020
We’re also seeing a lot of innovation in supply chain, mobility, customer retention, where blockchain is helping to solve issues we used to think were unsolvable. This track brings together founders and funders and showcases exciting new companies, products, services, and business models across different verticals and industries.
Mucker Lab
MAY 1, 2013
From the outside, they are vertically integrated challengers to decades if not hundred-years old incumbents. Turns out, for whatever reason – cultural, business model, leadership, even bad luck – many incumbents have yet to figure out what to do with software, always on connectivity, and technology.
Hippoland
OCTOBER 16, 2016
Companies in this category include companies like Twitter, Facebook, Instagram, Pinterest, Snapchat, etc… These are all companies that need a TON of users, great retention and engagement and continued-fast-growth of user adoption in order to later make money off ad revenue. But, you need to be growing FAST.
Hippoland
AUGUST 8, 2018
In other words, if you can get 1000 people to come to your website consistently for under $5, then this business model works for you. Or second time founders focus on lucrative verticals that pay more per eyeball or focus on ad formats that pay more (such as email newsletter sponsorships). Marketing first. Product second.
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