Remove Developer Remove Hiring Remove Retention Remove SEM
article thumbnail

Why Misunderstanding Startup Metrics Can Cost You Your Business

Both Sides of the Table

So if you paid $100 for a customer who converted via a Facebook ad or Google search ad (SEM) that is not your CAC. If your economic case is built on increasing LTV over time or on retaining recurring revenue streams please remember to layer on “re-marketing or retention” costs into your equation. What is the LTV?

Metrics 150
article thumbnail

Lessons Learned: The three drivers of growth for your business.

Startup Lessons Learned

is an elegant way to model any service-oriented business: Acquisition Activation Retention Referral Revenue We used a very similar scheme at IMVU, although we werent lucky enough to have started with this framework, and so had to derive a lot of it ourselves via trial and error. The AARRR model (hence pirates, get it?) One last thought.

Insiders

Sign Up for our Newsletter

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

article thumbnail

How Startups Can Use Metrics to Drive Success

Both Sides of the Table

And given your stage of development you sure better at least know what your goal is. How many through SEM? For example, if you have developers, content people or SEO folks working on SEO programs you’ll need to allocate their time / costs to this effort. Retention / Churn. How many people would we need to hire?

Metrics 346
article thumbnail

The Direct-to-Consumer Checklist

Austin Startup

How will you take advantage of SEO and SEM? Being able to staff your customer service team to respond quickly to customers, often directly on these social channels, will increase retention and repeat purchasing and also serve to drown out negative feedback. What about appealing to a certain lifestyle category?

article thumbnail

Reincubate: Blog: Chief Technology Officer job description (for web, start-up or corporate)

www.reincubate.com

Start-ups often hire at one extreme -- closer to a Lead Developer or VP of Engineering -- whereas corporates may focus on their CIO, which is potentially quite a different role. Where developing a new system in a start-up environment, work with the business to develop use cases, user stories, user experience design and wire-frames.

article thumbnail

How the Best Marketers Get Ahead: They Make Time to Learn

ConversionXL

So how do up and coming and advanced marketers prioritize professional development? ” As we’ll see, more and more companies are working to make learning hours and professional development a priority both for recruiting and retaining top talent. Make Professional Development a Priority, Not an Afterthought.

Marketing 163
article thumbnail

How to Choose Digital Marketing Channels for Long Term Growth

ConversionXL

SEM is great because you can capture people as they’re searching for a solution, which is often some of the highest intent traffic you can find. Business Development & Partnerships. Search engine marketing is intent-based keyword bidding on search networks such as Google Adwords and Microsoft Bing. Image Source. Image Source.

Channel 118