ReadWriteStart

OCTOBER 2, 2023

I’ll start by taking you to the world of Startup X, a passionate team of entrepreneurs who believed they had the next big thing in the world of software as a service (SaaS). It makes the product more user-friendly and can also help build trust with customers and differentiate the product from competitors in the SaaS market.

Design 105

Design Product Churn Rate Architecture 105

Version One Ventures

SEPTEMBER 19, 2012

The biggest driver for high LTV is repeat purchase behavior (in an e-commerce business) respectively a low churn rate (in a SaaS company). For example, Customer Acquisition Costs often increase once the more efficient marketing channels are maxed out and the company needs to find new users through less efficient means.

Churn Rate 168

Churn Rate Viral Acquisition Cofounder 168

Up and Running

MAY 1, 2014

The vast majority of business owners and entrepreneurs aren’t business experts. Investors will want to know what advantages you have over the competition and how you plan on differentiating yourself. One of the biggest mistakes entrepreneurs make in their business plans is stating that they don’t have any competition.

Business Plan 163

Business Plan Forecast Balance Sheet Distribution 163

Up and Running

MAY 28, 2015

See Also 5 Marketing Mistakes I Made as a New Entrepreneur. This unique selling proposition has differentiated itself from the competition because it makes an outright guarantee, as well as promises to directly address a problem. Every company nowadays has a blog and social media channels, so do it better.

Marketing 60

Marketing Social Media Churn Rate Elevator Pitch 60