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5 Considerations For Driving Growth In A New Business

Startup Professionals Musings

Most modern investors still look for a business model that embodies a gross margin over 50%, and a net margin in the 20% range. These days, you need customer evangelists who see the value and will pull in their friends through viral actions to keep the business growing. Long-term stability requires revenue growth and profit.

Valuation 235
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10 Business Model Components Required In Every Plan

Startup Professionals Musings

The value proposition must clearly define the target customer, the customer’s problem and pain, your unique solution, and the net benefit of this solution from the customer's perspective. Word-of-mouth and viral marketing are popular terms these days, but are rarely adequate to initiate a new business. Target market. Sales/Marketing.

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5 Strategies For Balancing Revenue Versus User Growth

Startup Professionals Musings

Most modern investors still look for a business model that embodies a gross margin over 50%, and a net margin in the 20% range. These days, you need customer evangelists who see the value and will pull in their friends through viral actions to keep the business growing. Long-term stability requires revenue growth and profit.

Revenue 434
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Darwinian company growth doesn’t always select the best companies

A Smart Bear: Startups and Marketing for Geeks

Investors and founders alike have been obsessed about “growth at all costs,” just as a virus colony grows without care to its effect on its host cells or whether the colony’s growth ends up destroying the host body completely, taking the colony down with it in a viral version of Lord of the Flies. This is growth driven by values.

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Acquire New Users by Adding Growth Hacking to your Marketing Strategy

ConversionXL

Neither would have achieved virality had customers not received something tangible for their efforts. Don’t cast your net too far and wide. Use qualitative customer surveys and gather Net Promoter Score feedback to understand user intent and friction. Instead, they could simply click a link and enter an email address.

Retention 113
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[Review] The Social Customer

YoungUpstarts

Neither is it to achieve the greatest reach or “virality” in one’s digital campaign. 3) Create a holistic way of measuring your Social CRM activities through dashboards monitoring KPIs such as the following: a) Net Promoter Scores (ie how likely are your customers to recommend you to others).

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How Well Versed Are You In Startup Investor Jargon?

Startup Professionals Musings

People are even talking about “decacorns" -- investable companies with net worth now exceeding $10 billion -- like Dropbox and Pinterest. This term is used to describe non-traditional ways to incent growth such as social-media and viral marketing. Prime examples include Uber, Airbnb and Snapchat. Frothy startup valuations.