article thumbnail

What Does the Future Hold for Conversion Optimization?

ConversionXL

Similarly, conversion optimization moves quickly. As Ronny Kohavi , Distinguished Engineer, General Manager, Analysis and Experimentation at Microsoft, put it: Ronny Kohavi: “Experimentation is getting more recognized as essential to guide product development, when it is applicable (not always, as you can see in Section 6 in this paper ).

article thumbnail

The Expert Guide to Creating a Marketing Growth Strategy

ConversionXL

To truly differentiate your brand, center your growth strategy around creating unique and personalized customer experiences. It outlines four major growth strategies: market penetration , market development , product development , and diversification. Product development. New channels. Acquisitions.

Marketing 115
Insiders

Sign Up for our Newsletter

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

article thumbnail

Top 5 Product Development Faux Pas in Startups

Austin Startup

The biggest thing to remember here is that your customers do not exist to buy your products, you exist for them. Not differentiating. 4 This is important and highly encouraged along every step of the way in your product development process. Keep pivoting until you have a product that works, then you can scale.

article thumbnail

Structured customer dev – not to be missed.

The Equity Kicker

Let me use the Jobs To Be Done (JTBD) framework for product development to explain why. I will give you a high-level summary here, but if you are building products then I recommend spending some time with Google to find out a bit more. So lots of entrepreneurs skimp on this vital piece of work. That’s a bad decision.

article thumbnail

The Customer Development Manifesto: The Startup Death Spiral (part.

Steve Blank

Finally, I’ll write about how Eric Ries and the Lean Startup concept provided the equivalent model for product development activities inside the building and neatly integrates customer and agile development. Just had a conversation today with a student taking Steve’s class. The board raises a collective eyebrow.

article thumbnail

What Not To Do When Marketing During A Pandemic 

YoungUpstarts

A next positive step is to make sure the content you are sharing is memorable and differentiated from the others.” If you focus too much on sales and conversions, you’ll likely be disappointed because sales are almost certainly down. If you use these same metrics, you’re going to be sorely disappointed in the results.

Marketing 262
article thumbnail

Launching a Portfolio Acceleration Platform at a Venture Capital or Private Equity Fund

David Teten

Nick Kim , Crosscut’s Head of Platform, in his presentation at the 4th Annual VC Platform Summit, shared their Platform development methodology, which he viewed as an exercise in product development. For example, recruiting writ large is useful at all stages of development. In-house, brand-name guru. Minimal cost. .