article thumbnail

[Review] The $100 Startup

YoungUpstarts

b) Increasing average sales prices by upselling (“Would you like fries with that?”), cross-selling (offering related items after purchases are made), and sales after the sales (special offers immediately after the sale). This may involve conducting A/B testing to see which works better. e) Encouraging referrals.

article thumbnail

Biz Dev Tips for Startups – The ‘First Meeting’

VC Cafe

Here are a few lessons I learnt from having hundreds of business meetings in Australia, Chile, and the USA. However most of the time it won’t be an ‘easy’ sale. ’ These questions also give me an approximate timeline of how long the ‘sale’ will take, and I can plan accordingly. Following up.

Chile 165
Insiders

Sign Up for our Newsletter

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

article thumbnail

First Impressions Matter: Why Great Visual Design Is Essential

ConversionXL

the idea of going on a holiday to Chile), inspiring photography is the leading first-impression creator. They increased the size of their search bar, removed the trust symbol, incorporated “sale” and “new” categories into the pink navigation area, and clarified their value proposition, among other minor updates.

Design 132
article thumbnail

Blowing up the Business Plan at U.C. Berkeley Haas Business School

Steve Blank

The irony is that once you’ve gone through the lean cycle, you have all the information that goes in a business plan: customers, sales strategy, product features, and financial metrics. I realized I was looking at a paradigm shift in entrepreneurial education – away from the business plan-focused model to a Lean Startup model.

article thumbnail

Why I Doubled Down on YouTube Investments with MiTú

Both Sides of the Table

So they began signing up Spanish-language content producers in Ecuador, Chile, Colombia, Argentina, Mexico and so forth. And we’re growing our sales organization. And of course they are also focused on the US Hispanic market. Oh, and I wouldn’t be surprised if we signed an MCN partnership or two.

article thumbnail

Creating the Next Silicon Valley – The Chilean Experiment

Steve Blank

I spent two weeks of December in Chile as a guest of Professor Cristóbal García, Director of EmprendeUC at the Catholic University of Chile , which just signed up a 3-year collaboration partnership with Stanford’s Technology Ventures Program. Chile has decided that it wants to be an innovation hub in South America.

article thumbnail

Are you driven by making your investors rich?

The Next Web

Make a sale. Last year while participating Startup Chile, I got the chance to meet Kevin Koym , a serial entrepreneur running an accelerator in Austin. A: How much are you making, if you don’t mind me asking? B: 5 figures in profit a month. It seems that a typical “successful” startup life cycle looks like this: Build a product.

Chile 122