article thumbnail

Lessons Learned: The three drivers of growth for your business.

Startup Lessons Learned

I break the answer to that question down into three engines: Viral - this is the business model identified in the presentation as "Get Users." Here, the key metrics are Acquisition and Referral, combined into the now-famous viral coefficient. If the coefficient is > 1.0 , you generally have a viral hit on your hands.

article thumbnail

Business ecology and the four customer currencies

Startup Lessons Learned

In a previous post , I covered the three main drivers of growth: Paid, Sticky, and Viral. A business that strives for something like this should absolutely be charging money from day one, in order to establish baselines for their two key metrics: CPA (the cost to acquire a new customer) and LTV (the lifetime value of each acquired customer).

Customer 156
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

7 Social Media Tactics Your 2013 Budget Needs to Succeed

www.clickz.com

Search Engine Watch. CPM Calculator CPA Calculator Website Optimization ROI Calculator. Show your emotional side to increase virality. Milkman in an article entitled, "What Makes Online Content Viral?" ); //. Marketing News & Expert Advice. ClickZ Awards. ClickZ.asia. ClickZ Academy. SES Events. Touch Edition.

article thumbnail

How To Close The Books on Your Startup

mashable.com

Facebook, Twitter Engineers Tweak Google’s Social Search [VIDEO]. The first step is to get to a CPA or attorney with strong TAX background to avoid a minefield. I know…having been a CPA for thirty years. viral video. World Featured in US & World Videos Featured: Facebook CES 2012 Awards. Trending Stories.

LLC 68
article thumbnail

How to create a profitable Freemium startup (spreadsheet model included!)

andrewchenblog.com

For freemium businesses, particularly ones that are social apps, there’s often a word of mouth or viral component, which we’ll cover in a second. CPM/CPA/CPC) What do the intermediate metrics look like? At a high level, here are some of the things you’ll want to track: How are you paying for traffic?

CPA 51
article thumbnail

5 Insights from Every Speaker of ConversionXL Live 2016

ConversionXL

It’s really just product engineering + optimization. Increase LTV –> higher CPA. Increase virality –> decrease eCPA. Growth hacking came from Silicon Valley, where people do not trust marketers. Entrepreneurs thought marketers were going to buy them Super Bowl ads.”. Why retention matters?

article thumbnail

Best Metrics For Digital Marketing: Rock Your Own And Rent Strategies

Occam's Razor

It could also include your blog, your recommendation engines, your customer forums, and all kinds of other digital existences that you own outright. I even abandoned CPA (not enough focus on what makes the ads good). [Bonus reading: Rent or Own? The Optimal Digital Investment Strategy ]. You own the domain. And many others.

Metrics 155