crowdSPRING Blog

JANUARY 18, 2016

But short of raising prices and alienating customers, it’s not always easy for a small business owner to take the time to focus on profitability. Most small business owners don’t know that it’s possible to target prospective customers on Facebook based on the language they speak and where they live/work.

Small Business 48

Small Business Churn Rate Advertising Social Media 48

YoungUpstarts

AUGUST 24, 2017

One characteristic remains: the products subscription businesses can provide, ranging from magazine subscriptions to literally anything, can appear on a customer’s doorstep every day, week, month or year. Through customer acquisition, you’ll work to grow the revenue and then, use that revenue to cover operational costs.

Churn Rate 149

Churn Rate eCommerce Business Model Bootstrapping 149

Both Sides of the Table

AUGUST 20, 2015

It forces the founder to spend time in front of customers. But if you don’t – now you have many cynical VCs lining up critiquing your CAC/LTV ratios, your churn rates, your poor performing cohorts. ” I believe firmly in capital efficiency in the early days. It forces innovation.

Churn Rate 150

Churn Rate Silicon Valley Brazil Valuation 150

Startup Lessons Learned

MARCH 21, 2013

Lean Analytics is the latest addition to the Lean Series. Here's what they have to say about churn rates in SaaS businesses: The best SaaS sites or applications usually have churn ranging from 1.5% Let’s say you lose 3% of your customers every month. to 3% a month.

Analytics 167

Analytics Lean Metrics Churn Rate 167

ConversionXL

NOVEMBER 5, 2020

These days, many agencies start as a lean operation. Inversely, if you’re using the agency model to fund another startup or product, you should probably keep things lean. Churn rate was high for a service that many organizations saw as a “nice to have.” Why—or why not—pivot your agency service offering? Image source ).

PR 120

PR B2B Lean Audience 120

Up and Running

NOVEMBER 12, 2018

Lots of new box companies have trouble ironing out the kinks in their process: their customer can’t easily unsubscribe, their boxes just aren’t exciting or well-curated, and more. But if you’re writing a plan as an internal guide for strategic growth, you should consider a lighter version— a Lean Plan. Any of these can lead to failure.

Business Plan 63

Business Plan Curation Balance Sheet Intellectual Property 63

Up and Running

APRIL 27, 2012

These students are typically attracted to Internet and technology start-ups, given that these share favourable industry characteristics such as significant addressable markets, low barriers to entry, modest initial capital requirements and relatively low costs of customer acquisition. The customers can come later once it is finished.

Metrics 68

Metrics Nigeria Ratchet Churn Rate 68

David Teten

DECEMBER 3, 2019

This provides us more time to develop meaningful relationships with prospects and customers. A number of analysts have particular focus on serving the customers of technology companies, e.g., Gartner and 451 Research , and their work is also relevant for investors. 3) Raise capital. 6) Due diligence.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Startup Lessons Learned

SEPTEMBER 13, 2010

But notice what’s not listed: messages sent per person, churn rates of active users, or activation rate of new user. Hopefully, they have internal reports that show the true correlation between their features and customer results. Probably, it represents tremendous success for the company in question.

San Francisco 154

San Francisco Metrics Lean PR 154

maplebutter.com

JANUARY 8, 2013

How to stay lean and iterate quickly while you’re building a two sided marketplace, especially when “network effect” and “critical mass” are the two main focuses? Outsourcing is something a big company, with a known customer / problem (that has revenue & traction) does to save cost.

Technical Review 44

Technical Review Startup Cofounder Software Review 44

Up and Running

MARCH 11, 2015

If you don’t have any existing customers yet talk about perspective customers. That moves into the customer acquisition strategy. This includes again another acronym I’m going to share, CAC, the cost to acquire a customer, the customer acquisition cost. The customer acquisition cost that I talked about.

Technical Review 60

Technical Review Software Review Due Diligence Exit Strategy 60