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Why Real Learning is Outside the Building, Not Demo Day

Steve Blank

While our teams have mentors, socialize a lot and give great demos, the goal of our class final presentations is “ Lessons Learned ” – about product/market fit, pricing, acquisition/activation costs, pricing, partners, etc. Here’s how that happened. We had a killer team and all the right skillsets. Technology in search of a market.

Lean 316
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LinkedIn Video Ads: Relevance, Specs, and Use Cases

ConversionXL

On Facebook, an ideal customer may log on to see photos of a new nephew, not to check out a 30-second demo of your SaaS product. Facebook, Twitter, and Snapchat have thus far dominated the market in video ad spend on social media. Compared to the B2C world, B2B attribution faces two challenges: Sales often take place offline.

Video 129
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Marketing Your Startup: A Billion-Dollar Company’s First Marketer Reflects Back

View from Seed

We started with a general webinar about how to turn your website into a marketing machine, then we went on to SEO, then blogging, then social media. We hit a challenge once we got to social media, because it was becoming much more crowded in our space with more businesses educating and creating more content. NVV: How did you adjust?

Marketing 120
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Bootstrapping Relevance: Making Web Conversions Meaningful for Long Sales Cycles

ConversionXL

Often, little more than a form fill tells you about the potential for a five-figure sale months down the road. Google Analytics insights frequently end with raw counts of goal completions, leaving a yawning gap between on-site behavior and sales for companies with long sales cycles. Analyze and act on that data.

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Startup Killer: the Cost of Customer Acquisition | For Entrepreneurs

www.forentrepreneurs.com

This human touch can be as light as email follow ups, or as much as inside sales people doing multiple sales calls and demos. Another shocking computation is to look at the cost of a direct field sales force: This shows is that it is not unusual for the cost of acquiring a customer to be as high as $100,000.

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How to Create a Compelling Unique Selling Proposition

ConversionXL

It’s easy to get complacent with competitive research, conducting only surface-level analysis of your competitor’s home page, social media, content, etc. This means buying their product, booking a demo or signing up for a trial. Sign up for a demo and go through the sales process. What’s the packaging like?

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A Complete Guide to Account-Based Marketing: Win Over Your Ideal Customer

ConversionXL

This shift in focus results in more efficient use of your marketing budget, shorter sales cycles, and a better customer experience. Who is following you on social media? Behavioral: Dig into your analytics to find who’s engaging with your website and social media accounts. Which are interacting with you at trade shows?