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7 Key Startup Activities Where Follow-Up Is Critical

Startup Professionals Musings

Product development. For a great idea person, the product details keep changing for the better, but nothing ever gets finished. Customer retention. Serious investors expect founders to have their homework done before the first interaction – documented executive summary, business plan, and financial model.

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How To Survive The Loss Of A Main Customer

YoungUpstarts

.: sales to product development), the problems will continue to exist. Failure to focus on customer retention, for example, is a surefire way to brush aside the frustrations of existing customers. For smaller businesses, simple incentives can be given to the sales team to encourage customer retention.

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Significance of Strategic Operations Management in the Electronics Industry

The Startup Magazine

Similarly, new product development with advanced features and specs is based largely on new research, making the old surveys redundant and useless. That is why consumer surveys, interviews, discussions, and opinions matter the most, and so R&D costs are sky-high when talking about this industry.

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Airbnb S-1 (Part 1): So How Profitable Is This Thing Really?

View from Seed

So even before you get to product development (20% of revenue) or G&A (14% in 2019), you’re already looking at a narrower potential margin than you might expect from a marketplace or transaction platform.

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Getting Things Done Trumps Great Ideas In A Startup

Startup Professionals Musings

Product development. For a great idea person, the product details keep changing for the better, but nothing ever gets finished. Customer retention. Serious investors expect founders to have their homework done before the first interaction – documented executive summary, business plan, and financial model.

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The Expert Guide to Creating a Marketing Growth Strategy

ConversionXL

It outlines four major growth strategies: market penetration , market development , product development , and diversification. Product development. Product development allows you to expand your existing market share by developing a new product for that audience. New channels.

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Top Entrepreneurs Have Follow-up, Not Ideas Alone

Startup Professionals Musings

Product development. For a great idea person, the product details keep changing for the better, but nothing ever gets finished. Customer retention. Serious investors expect founders to have their homework done before the first interaction – documented executive summary, business plan, and financial model.