Startup Revenue Milestones

K9 Ventures

At K9 we invest in companies which have a clear/direct revenue model and typically don’t invest in companies that follow the Ubiquity first Revenue Later (URL) revenue model made famous by Eric Schmidt in 2007. I call this Revenue Development and have written about it before.

How Do You Select A Revenue Model For Your Startup?

Startup Professionals Musings

The revenue model you select is basically the implementation of your business strategy, and the key to attaining your financial objectives. So what are some of the most common revenue models being used by startups today? The customer advantage is a lower entry cost.

Trending Sources

Revenue = Product Market Fit

Agile VC

This is a logical thing to do… when we started LinkedIn, my mentor Reid Hoffman instilled a mantra of Growth –> Usage –> Revenue which still holds for many consumer companies. Arguably revenue is the best signal of product-market fit for B2B startups.

Revenue Recognition’s Effect On M&A

YoungUpstarts

There has been a lot of chatter regarding changes in revenue recognition criteria lately, but the effects it will have on the evaluation of companies planning an exit is just beginning to emerge. Recognize revenue when performance obligations are met (good(s) or service(s) have been provided).

Strategies to Increase Your Construction Business Revenue

Up and Running

If you are a sub-contractor, for example, then your end customer is a general contractor. Have a 24/7 marketing, sales, and customer service rep—your company website. It can handle marketing, sales, and customer service.

9 Great Paths To Recurring Revenue For Your Startup

Startup Professionals Musings

Every new business quickly realizes that revenue coming in every period on a committed basis is the Holy Grail to survival and growth. According to many experts , getting new customers is five to ten times harder than getting additional revenue from existing customers.

Recurring Revenue is Magic

Seeing Both Sides

As a result, the full revenue for each deal was recognized in that quarter as soon as the software was shipped. This allowed our revenue to skyrocket from $1.8 But the downside to our business model was that we did not have hardly any recurring revenue. .

Non Recurring Revenue Businesses

Rob Go

I’ve been thinking a little about non-recurring revenue businesses. I’m coming to the belief that these are under-appreciated categories of investment, especially since the gospel of recurring revenue, subscription commerce, and SaaS has been preached in recent years.

Small Business Revenue Is On The Rise: Are You?

YoungUpstarts

Not only are you kicking it when it comes to revenue, you’re also savvy marketers with impressive do-it-yourself skills. Digging into the numbers, 70 percent of small business owners reported meeting or exceeding their Q1 2016 revenue targets.

When Customers Make You Smarter

Steve Blank

We talk a lot about Customer Development, but there’s nothing like seeing it in action to understand its power. But the big payoff came when their discussions with medical device customers revealed an entirely new way to think about pricing —potentially tripling their revenue.

Saas Math: Customer vs. Revenue Churn

StartupCFO

As I’ve mentioned many times before: churn (the rate at which customers cancel their subscription) is the most important metric for any recurring revenue business. The longer a customer keeps paying you, the more valuable that customer is.

7 Revenue-Boosting Strategies for Your Travel Business

Up and Running

Not only is the travel industry one of the largest in the world, but it encompasses a wide variety of business types and customer needs. Customer referral programs can be an effective way to increase revenue for your travel agency, if implemented correctly.

Customer Success: The Secret Ingredient For Engagement 

YoungUpstarts

by Robbie Kellman Baxter, author of “ The Membership Economy: Find Your Super Users, Master the Forever Transaction, and Build Recurring Revenue “ In today’s competitive market, customer engagement (or lack thereof) could determine whether your company sinks or swims.

5 Keys Steps For Every Startup Roadmap To Revenue

Startup Professionals Musings

But the reality is that sellers are no longer in charge of the customer buying process. Kristin Zhivago, in her book “ Roadmap to Revenue ,” makes the point that the selling system is broken, since sellers no longer sell the way customers are buying.

Multi-axis Pricing: a key tool for increasing SaaS revenue

For Entrepreneurs

Scalable pricing is a powerful tool to grow revenue in a SaaS or software business. It allows you to capture more of the revenue that your customers are willing to pay, without putting off smaller customers that are not able to pay high prices. It also provides a great way to continue to grow revenue [.]. Building for Success SaaS Startup Help growing SaaS revenue saas marketing SaaS pricing SaaS revenue SaaS sales SaaS VC

Website Ads are Not a Revenue Stream for Startups

Startup Professionals Musings

One of the biggest red flags I see in many Internet-related business plans today is advertising as the initial revenue stream, or a key part of it. Until you get a million page-views per month, your revenue will be negligible, and advertisers won’t be interested in your site.

How Focusing On Only One Customer Can Change Any Business

YoungUpstarts

by Arjun Sen, president and founder of ZenMango and author of “ Customer Karma “ “Do good Karma and good Karma will come to you” was my grandma’s advice as I grew up in India. Hidden in that advice was the mantra for building lifetime relationship with customers.

How To Boost eCommerce Revenues With Upselling

ConversionXL

According to Forrester research analyst Sucharita Mulpuru , product recommendations are responsible for an average of 10-30% of eCommerce site revenues. . Way back in 2006, Amazon reported that 35% of it’s revenues were as a direct result of it’s cross sales and upselling efforts.

SayAhh’s Revenue Projections

Feld Thoughts

Since last checking in with the SayAhh team, they have spent a few months consumed with building an early version of the product and speaking to potential customers, all the while watching their cash balance steadily diminish. The co-founders decided to divide-and-conquer, with Dick tackling expense projections and Jane tackling revenue projections. I am glad to see that you are forecasting revenues based on business drivers.

Killing Your Startup By Listening to Customers

Steve Blank

The art of entrepreneurship and the science of Customer Development is not just getting out of the building and listening to prospective customers. He got my attention when he said, “following your customer development stuff is making my company fail.”

4 New Customer Loyalty Rules Drive Business Success

Startup Professionals Musings

Many startups and mature businesses have not yet accepted the fact that customer satisfaction and loyalty in this “always connected” age are about more than product and service quality. They are all about how customers broadcast their pleasure or unhappiness to others.

Snapchat and that old no revenues debate

Fred Destin

Not because of the reported $4 billion offer but because of the explosion of age-old arguments about how scandalous it is for a company with no revenues to be valued that highly. Here''s a selection: "why do investors think a silly app with no clear revenue model is worth so much money?"

Doubling SaaS Revenue By Changing The Pricing Model

www.kalzumeus.com

Doubling SaaS Revenue By Changing The Pricing Model. A few companies implemented advice in there to positive effect, and one actually let me write about it, so here we go: Aligning Price With Customer Value. This is very complicated and does not align pricing with customer success.

Customer Engagement is the New Marketing

Inc Startups

Your best salespeople are your customers. Learn how to get them engaged and leverage them to drive your revenue. Marketing

5 Techniques Every Startup Can Use to Retain Customers

Up and Running

As part of a startup business, you’ll know that there is no greater desire to win your first customer or your tenth customer. You’ll do whatever it takes to call a customer your own. It’s a neat analogy: Like customers, pets get stolen, escape, or get lost.

Tesla and Adobe: Why Continuous Deployment May Mean Continuous Customer Disappointment

Steve Blank

Agile is a tremendous advance in reducing time, money and wasted product development effort – and in having products better match customer needs. And these changes may have unintended consequences leading to customer dissatisfaction and confusion. Waterfall – The Customer View.

SAP Sustainability and customer revenues

deal architect

I got excited when I saw Dennis Howlett’s post about SAP Sustainability hints at revenue growth. For my next book I am cataloging all kinds of companies which are embedding tech to create “smart products” for their sectors and for. Enterprise Software (IBM, Microsoft, Oracle, SAP

5 UX Hacks That Can Immediately Increase Revenue

ConversionXL

Managing shopper experience for medium-sized eCommerce businesses presents a lot of opportunities for conversion testing, and the ability to see real and immediate revenue results when tests are successful. in shipping revenue over the prior week’s $14,298.26.

Customer Success – Beyond SaaS

Guy Nirpaz

Customer Success is relatively a new term. We can clearly see from the Google Trends chart above that the customer success management community has started to trend up around mid-2014. I’m happy to report that we’re seeing Customer Success in new markets every day now.

How To Create Customer Personas With Actual, Real Life Data

ConversionXL

When was the last time you took a long hard look at what makes your customer base tick? Think customer personas – those detailed representations of the different segments of your target audience. The Case For Building Customer Personas Out Of Data-Driven Research.

7 Easy and Effective Customer Segments to Target in Facebook Ads

ConversionXL

Often, there are simple customer segments (that you already have access to) that you can target with Facebook Ads very effectively. Why Facebook Custom Audiences Is The First Step. However, for the most efficient results, I recommend starting with Custom Audiences.

How to Use Customer Support Data to Boost Revenue

Inc Startups

Satisfied customers tell three friends and angry customers tell 3,000. Here's why customer support is worth investing in

12 Google Analytics Custom Reports to Help You Grow Faster

ConversionXL

The most actionable, useful data is concealed and it can only be revealed through custom reports and segmentation. How to Use Custom Reports. Many Google Analytics custom reports are configured incorrectly. Flat Table: This is one of the most common custom report types.

How To Make Your Brand “Likable” and Win More Revenue

ConversionXL

There are various ways to measure the above outcomes, and there are varying levels of correlation with revenue, retention, and whatever, but they’re all generally good signs. It’s not necessarily a one-on-one compliment, but it makes the customer feel special and invested in the brand.

Startups With Real Revenue Can Get Venture Capital

Startup Professionals Musings

Your friends and family are really the only answer until you have a significant revenue stream. Use friends, family, and angels, if possible, to get a product, revenue, and customers first before the VC connection. entrepreneurs startups revenue stream venture capital business

6 Tips to Maximize Your Coffee Shop’s Revenue

Up and Running

It’s about being clued-in to key strategies that have been proven to boost revenue. By 2019, Starbucks projects that Evenings will add about $1 billion to overall sales revenue, and that by the end of 2019 the program will be in operation in 20 to 25 percent of stores across the U.S.

Boost Your Business Revenue using Location-based Feature in Mobile App

Blogtrepreneur | Entrepreneur Blog

The apps give a competitive benefit to your business by reaching out to potential customers in near immediacy, so augmenting the possibility of an instant sale. Moreover, this is one of the best capabilities that can be used to direct customers towards your business location.

Expert Robbie Kellman Baxter Reveals How to Generate Recurring Revenue and Grow Your Business (+ GIVEAWAY)

Up and Running

Growing a company, generating recurring revenue, and creating loyal customers is no mean feat, regardless of your budget, or the number of employees at your disposal. In the Membership Economy they are retention and customer lifetime value.

Revenue Model: The Path of Least Resistance

ithacaVC

I have heard many times that if a startup company CEO cannot easily and quickly explain his/her pricing model to a customer that the startup company is doomed. Related to pricing is how a company plans to make money off a customer. The easy case – customer is buying a good or service and pays for it then and there. Slightly more complicated – customer is buying a service and paying for it monthly (i.e., a SaaS revenue model).

Negative Churn

Non-Linear Growth

Negative churn is an increase in revenue which occurs when the organic revenue growth from an installed base of customer is net positive. Churn is always and unambiguously revenue reducing. Several factors drive revenue churn. Higher utilization means more revenue.