crowdSPRING Blog

JANUARY 18, 2016

Here’s a good read from Moz on Pruning Your eCommerce Site: How & Why. If your revenues are $30,000 this year, do you want to have revenues of $75,000 next year? Find Time To Develop Strategy. Most successful small businesses are successful because they develop smart strategy and execute on that strategy.

Small Business 48

Small Business Churn Rate Advertising Social Media 48

Both Sides of the Table

MAY 7, 2016

The founders and team develop a huge confidence level that appropriately increases risk-taking, output, expansion, deals, revenue, press and everything that is a consequence of initial successes. Or some teams who start driving revenue paper over the fact that they aren’t acquiring customers profitably.

Churn Rate 150

Churn Rate Vesting Dilution Europe 150

ConversionXL

NOVEMBER 5, 2020

Conduct client development interviews. Churn rate was high for a service that many organizations saw as a “nice to have.” Relying on client development alone will give you only part of the picture. A dramatic example of this is a software development agency offering UX and UI services. Image source ).

PR 120

PR B2B Lean Audience 120

Up and Running

AUGUST 21, 2014

One of the biggest mistakes people do is they are trying to build things very quickly and as you put together forms, integrate newsletters, and email marketing tools, integrate shopping carts, and different eCommerce tools, oftentimes people don’t put the proper tracking in place. All you can do is fix it going forward.

Metrics 84

Metrics Startup Churn Rate Forecast 84

Up and Running

NOVEMBER 12, 2018

The subscription box industry is growing rapidly thanks to a steady revenue model and tapping into people’s love for surprises. Financial summary : Project your revenue for the first few years. Companies that become a big subset of your revenue are likely strategic alliances, though, which is a later section. Key customers.

Business Plan 63

Business Plan Curation Balance Sheet Intellectual Property 63

ConversionXL

NOVEMBER 17, 2022

It involves collecting and measuring data from interactions with your website, ecommerce store, social media channels, and mobile apps to make decisions based on audience or user behavior. The company once had the market’s highest churn rate and lowest Net Promoter Score (NPS). Set KPIs that relate to your goals.

Analytics 106

Analytics Metrics Channel Campaign 106

Up and Running

JUNE 21, 2017

For a SaaS company, there’s a magic LTV > 3x CAC number: the “lifetime value” (or LTV) of a customer (total revenue expected from each paid user) should be more than three times higher than the cost of acquisition (or CAC) of that customer. Tracking lifetime value on other types of businesses is harder.

Marketing 98

Marketing Analytics Campaign Metrics 98

ConversionXL

MARCH 15, 2016

It’s a familiar concept for most, yet user onboarding flows are often created during development and forgotten about. For example, you might need to onboard a developer vs. an average user. Developers don’t want a forced click-through tutorial, they want to use your API right away. You might be surprised by the ROI.

Mobile 48

Mobile Retention Email Software Review 48