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How to Manage Friendly Fraud Chargebacks

The Startup Magazine

These types of chargebacks occur when a customer actually receives the goods or services they have purchased, but claims they didn’t. Because the friendly fraudster appears to be like any other customer until they commit friendly fraud, security defenses that work against true fraud won’t be as effective against friendly fraud.

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E-Commerce In 2020: 5 Low Cost Product Ideas To Drive Sales

YoungUpstarts

After the COVID-19 outbreak, the growth in e-commerce witnessed a steep rise that eventually has set new records of revenues and customers for businesses. This post would feature five fantastic low-cost product ideas that would turn your ordinary e-commerce business into a gold mine. What are these products? Let’s find it out.

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Outsourcing: The Question Isn’t “Should I?” But “How Do I?”

YoungUpstarts

There are five major areas in which most small businesses struggle when it comes to outsourcing: shipping, web needs, accounting and billing, and customer service. Because if you can’t ship orders until your order quantity fills a whole truck, your customers are going to have to wait longer to get what they paid for.

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Account-Based Marketing vs. Lead Generation: Which is Right for You?

ConversionXL

Done right, both can help attract the kind of high-quality leads that become long-term customers and advocates. You’ll also learn how to approach ABM and lead generation to engage your ideal customer. It’s proven to drive more revenue , improve customer experience , and power growth. Snowflake achieved over 300% growth with ABM.

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Going Public Circa 2020; Door #3: The SPAC

abovethecrowd.com

But in light of where we are in 2020, especially with regard to the degrading efficiency and sky-rocketing cost of capital through the structurally broken IPO process, SPACs may emerge as a legitimate third option for helping Silicon Valley companies efficiently and cost-effectively transition into the public markets.

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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

So if your costs are $500,000 per month and you have $350,000 per month in revenue then your net burn (500-350) is equal to $150,000. You are particularly vulnerable if: You have revenue concentration (few customers each providing a large total of percentage of your revenue). Net burn is the amount of money you are losing per month.

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Critical Patent Strategies Startups Can Use From Large Companies

Up and Running

The fact is, not paying for the critical review and legal costs to create or enforce a patent almost always ends up costing more in the long run. Startup founders will inevitably end up paying more in total costs and time with lawyers that are less proficient at drafting a patent application. Don’t do it. Thinking long-term.