YoungUpstarts

MAY 21, 2020

Before rushing to build your concept to push out to consumers, it’s important to first undertake product discovery. Product discovery is the purpose of identifying the smallest amount of software needed to determine market value. Notably, this occurs prior to building the Minimum Viable Product , or ‘MVP’. How is it done?

Product 264

Product Cofounder Audience Product Development 264

Startup Professionals Musings

AUGUST 24, 2022

As a business consultant and angel investor, I often ask for your own assessment of marketing ROI , or customer acquisition cost (CAC). Leaders and investors need to know if you have and are tapping into your key sources of relevant data, including web analytics, sales management data, and customer relationship management (CRM) software.

Acquisition 250

Acquisition Cost Customer Sales Cycle 250

Startup Professionals Musings

MARCH 14, 2022

There seems to be an insatiable demand from consumers for a better shopping experience, meaning they will pay a premium to a company that can present them a better match in products to their interests, without jeopardizing their good name. Don’t take shortcuts on these.

Technical Review 342

Technical Review Customer Social Network Software Review 342

YoungUpstarts

JANUARY 10, 2020

In the early stages, it isn’t uncommon for businesses to bank their earnings on a handful of customers (or sometimes, just one). This is especially true for startups, which operate on the basis of customer traction to solidify expectations with investors or lending institutions. Losing a major customer will inevitably impact cash flow.

Customer 347

Customer Development Team Review Advisory Board Private Equity 347

The Startup Magazine

MAY 5, 2022

A quick look at recent statistics will tell you that 65% of customers are willing to pay more for faster and more reliable services, and nearly 50% use 24-48 hour delivery options on a regular basis. Here are some delivery types that could work for your customers. Photo by Kindel Media from Pexels.

Customer 119

Customer Product Technical Review eCommerce 119

Startup Professionals Musings

DECEMBER 18, 2020

As a long-time business executive and adviser to entrepreneurs, I see a definitive shift away from customer trust in traditional business messages, and the executives who deliver them. I summarize the key elements of the transformation as follows: Customers are seeking control in a run-away world.

Customer 433

Customer B2C Technical Review Social Media 433

Startup Professionals Musings

APRIL 1, 2020

Attracting the right customers is the key to success in business, whether you have a new startup or a mature enterprise. For example, Xerox tried to broaden the use of "xerox" as the standard term for "photocopying" to extend their existing customer segment into office automation and all kinds of computing.

Customer 308

Customer Technical Review Matching Business Model 308

The Startup Magazine

OCTOBER 29, 2023

In the modern business landscape, understanding the customer’s journey through various touchpoints of your business is crucial for enhancing their experience and, consequently, your success. Metrics play a significant role in customer journey analysis, providing quantifiable data that can be analyzed to glean valuable insights.

Metrics 140

Metrics Customer Harvest Acquisition 140

YoungUpstarts

AUGUST 18, 2020

Customer experience is one of the most crucial factors determining the success of an organization. No matter how good the quality of your product is, it will be in vain if you offer poor customer experience. That said, here are some proven ways to deliver a better customer experience as a startup: 1.

Customer 231

Customer Technical Review Software Review Startup 231

The Startup Magazine

FEBRUARY 27, 2024

Retaining your existing customers is arguably as important as attracting new ones. However, many businesses unintentionally make mistakes that lead to customer turnover. Below, we explore five common mistakes that drive customers away, including how they can be avoided to ensure customer retention and satisfaction.

Customer 95

Customer Retention Technical Review Social Media 95

Startup Professionals Musings

FEBRUARY 21, 2020

Many of the entrepreneurs I advise or invest with spend considerable time on the Internet, keeping up with technology, customers, and competitors, but very few feel the need for an early personal presence. In fact, some totally avoid it, assuming their product or solution will speak for itself later.

Product 319

Product Technical Review Entrepreneur Reputation 319

The Startup Magazine

SEPTEMBER 22, 2022

This is partly due to the efforts made by apparel companies in recent years to improve the buying experience and place the customer at the center of their retail apparel marketing strategy. Customer experience management is essential for all fashion companies since it delivers significant insights into each brand engagement and touchpoint.

Sales 144

Sales Customer eCommerce Social Media 144

Up and Running

AUGUST 16, 2021

Earning the first sale from a customer is always considered the hardest. Depending on your domain, product, and pricing, it can take anywhere from days to months to convince someone to make a purchase. However, it’s not just about gaining new customers but continuing to retain them. Invest in real-time support.

Customer 154

Customer Churn Rate Software Review eCommerce 154

ReadWriteStart

APRIL 14, 2023

The Macro Factors Driving Volatility For tech startups, this new environment is obviously challenging: Business customers are cutting costs and hunkering down as the Fed enacts aggressive measures to combat inflation, and consumers are simultaneously feeling the pinch from both inflation and high borrowing costs.

Technical Review 148

Technical Review Ukraine Software Review ChatGPT 148

The Startup Magazine

JANUARY 26, 2022

Designing new hardware products that have a positive impact on customers is no small feat. There are several elements that go into hardware product design that taps an unaddressed customer need, has the customer WOW factor, and succeeds long term in the market.

Design 140

Design Development Team Review Product Technical Review 140

The Startup Magazine

OCTOBER 19, 2022

It’s always good to update your old product pages but it’s not always an easy process. You might be unsure how to write top-quality content writing or create eye-catching images of your products. Putting the time and effort into perfecting your product pages is important if you want to succeed as an eCommerce business.

Product 127

Product Web Development eCommerce Engineer 127

The Startup Magazine

AUGUST 9, 2021

Customer satisfaction is one of the central aspects of every SaaS business. However, many believe that SaaS business customer satisfaction equals customer service, but that’s not true. A business would only have to place emphasis on providing good customer service and that would be the whole story.

Customer 158

Customer Analytics Acquisition Programming 158

YoungUpstarts

JANUARY 10, 2021

What Makes a Loyal Customer? Customer loyalty is something that businesses have been after for decades. Today’s customers – particularly younger consumers – are less brand loyal and tend to switch between brands they see as “basically the same.” 4 Tips for Increasing Customer Loyalty. Gather Feedback.

Customer 207

Customer Retention Software Review .Net 207

ConversionXL

OCTOBER 16, 2022

There’s more to ecommerce customer acquisition than increasing checkout conversion rates. For long-term, sustainable success, you must attract the right customers. In this article, you’ll learn how to gauge the effectiveness of any customer acquisition strategy. What makes customer acquisition different from marketing?

Acquisition 129

Acquisition eCommerce Customer Churn Rate 129

The Startup Magazine

FEBRUARY 3, 2022

When these operations are efficient, companies can meet customer demand quickly and maintain stable costs. If warehouse productivity is low, companies lose not just money but credibility also. However, warehouse productivity and efficiency depend on many factors. Employee motivation is closely linked with productivity.

Software Review 142

Software Review Product Technical Review Operations 142

The Startup Magazine

NOVEMBER 8, 2022

Customer care is one of the most critical steps in starting a business. It’s a crucial part of every business for you to build strong relationships with your customers. According to a survey report provided by ArenaCX, 56% of customers stated that they are willing to pay a premium for a product to get excellent customer care.

Customer 139

Customer Social Media Software Review Startup 139

ReadWriteStart

OCTOBER 2, 2023

They poured their hearts and souls into creating an innovative product fueled by the desire to make a difference in the lives of their target audience. Startup X reached out to a product design services provider, and with their help, they were able to turn their fortunes around. The good news is that there’s hope!

Design 105

Design Product Churn Rate Architecture 105

ConversionXL

NOVEMBER 4, 2021

Product marketing is today’s most critical marketing function. The best way to think about it: product marketing is strategy. Product marketers work to understand the market and what motivates customers. They determine what attributes the product needs to win against the competition. Start with product features.

Product 127

Product Marketing B2B Technical Review 127

Up and Running

AUGUST 19, 2021

As more remote teams transition to a hybrid structure, one question at the forefront of many business leaders’ minds is how to maintain high productivity levels both at home and in the office. But hybrid workers can still face barriers to concentration that derail their productivity. . One’s customer. Improve time management.

Product 189

Product Technical Review Employee Software Review 189

YoungUpstarts

MARCH 19, 2020

If you’re looking for a strategy to get ahead when it comes to customer acquisition, machine learning can be your secret weapon. While machine learning does fall under the larger category of artificial intelligence (AI), it’s a bit more specific and can be extremely effective technology to pair with your customer and prospect database.

Artificial Inteligence 264

Artificial Inteligence Acquisition CTO Chad 264

The Startup Magazine

FEBRUARY 2, 2021

There are several effective steps to launch a profitable custom software development startup. To help you get started, read on to learn about how to launch a profitable custom software development startup. The first thing you should do when launching a custom software business is conduct market research. Conduct Market Research.

Software Developers 144

Software Developers Software Development Software Developer 144

The Startup Magazine

SEPTEMBER 12, 2021

Here are a few benefits you can have by selling your products internationally. Increased customer reach. Some specific businesses might not be able to increase their customer base because of location limitations such as food or service providers such as cleaners etc. At this point, you can start selling your product abroad.

Product 129

Product Canada Global Social Media 129

ConversionXL

APRIL 28, 2021

Wondering how to encourage users to engage with your product again and again, without constantly popping in their inboxes? In many cases, customers are more willing to give out their info when rewards are at stake, like discounts or sales. But that’s just the start of building a beloved product without email marketing.

Email 151

Email Product Marketing Cofounder 151

Duct Tape Marketing

NOVEMBER 8, 2023

Key Takeaway: In the world of customer experience, mishaps are inevitable. However, by approaching customer recovery with style, empathy, and exceptional ownership, businesses can turn these situations into opportunities to create raving fans. 15:10 What are the best strategies for fixing a poor customer experience? [17:56]

Customer 76

Customer Technical Review Employee Artificial Inteligence 76

The Startup Magazine

APRIL 15, 2022

One of the main barriers to sales is the customer checkout experience. In this Macropay review , let’s have a look at the most common online shopping check-out issues that customers face and how to address them. Many potential customers change their minds while they are online shopping for various reasons. Lack of Notifications.

Technical Review 151

Technical Review Customer Startup Conversion 151

ReadWriteStart

JUNE 8, 2021

But one of the secrets to effective scaling is an efficient team; if your employees are working productively and consistently, they’ll be capable of making your vision a reality. What Makes Employees Productive in a New Startup? So what is it that makes employees productive in a new startup? Is Productivity Everything?

Employee 127

Employee Product Startup Software Review 127

ReadWriteStart

MARCH 22, 2021

If you want your startup to stand a chance of achieving brand visibility and attracting new customers, you need to have a website. What are the advantages of custom development, and is it the right move for every startup? . Minimal customer support. So is custom developing a website strictly better? . Well, yes and no.

Customer Development 146

Customer Development Developer Customer Web Development 146

ConversionXL

SEPTEMBER 1, 2020

They both have a history of focusing on the lifetime value of a customer rather than chasing short-term profits. If you want to be a leader in customer loyalty and grow your business for the long term, Customer Value Optimization is key. How does “Customer Value Optimization” change your approach?

Customer 132

Customer SMS Retention Acquisition 132

The Startup Magazine

JUNE 24, 2022

You can quickly go from riches to rags if you don’t avoid having stagnant products, which is why it’s best to work toward customer communication and innovation to drive constant product improvement. Here are some best-practice methods to help your product avoid stagnancy. Taking your time to focus on innovation.

Product 147

Product Software Review Audience Framework 147

ConversionXL

JANUARY 18, 2022

Muun found a market need but failed to compete with bigger names that provided customers with authoritative content and resources. One neglected its positioning by failing to target the biggest pain point, and the other failed to build a brand that its customers could trust above the other major players.

Marketing 110

Marketing Product Audience Equity 110

The Startup Magazine

JULY 9, 2020

Every product, service, business, and person is just a click away! Since, mobile phones are becoming more and more accessible, new ways to swoon your customers over pop up. Digital marketing involves the usage of online as well as offline electronic gadgets to promote your products. Exciting times for business owners!

Customer 114

Customer Social Media Marketing Web Development 114

The Startup Magazine

OCTOBER 11, 2021

What you need is a custom IT solution. Converting your business ideas, goals and needs into a unique IT product will offer competitive advantage. Fast processor and productivity. With strong features and a unit testing framework, Raspberry Pi increases the speed and productivity of applications. Vast Peripheral Support.

Software Review 145

Software Review Developer Technical Review Customer 145