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Flexible VC, a New Model for Companies Targeting Profitability

David Teten

Our categorization is not a technical one. Additionally, Flexible VC can accommodate all types of companies, not just asset-lite, tech-enabled companies.”. Early-stage: Cofounder with engineering/ product background from top-tier university or major technology company. Technology-centric businesses. 2-6 months.

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How and Why You Should Validate Your App Idea Before You Build

Up and Running

It’s possible to simulate user experience through existing, lower-tech resources. The end user of the application was those who recycled, however, the recycling and reward redemption process required partnerships with recycling facilities, local businesses, and government agencies. No application and no advanced technology whatsoever.

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From Loyalty Programs To Fan Clubs, A Paradigm Shift

YoungUpstarts

Real-time points and mileage redemption appeared at the POS, first introduced over a decade ago and now going mainstream. Engineers initially failed to understand the new possibilities of the new paradigm. We experimented with tap and go technology, both on cards as well as embedded in mobile phones.

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How to Raise Prices for Existing Customers

ConversionXL

Price Intelligently recommends one to two price changes each year : The companies we’ve seen with the most success with revenue and adoption are reviewing pricing at least once per quarter and making tweaks or changes every 6 to 9 months. This is the worst-case scenario: You need to reverse-engineer a consumer benefit to meet business goals.

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Multichannel Analytics: Tracking Offline Conversions. 7 Best Practices, Bonus Tips

Occam's Razor

Or there are people who will get their tech support question answered and as a result not call you on the phone (saving you $50 it costs you to answer the phone). This is very effective for many kinds of websites, be they ecommerce or technical support or lead generation or whatever else is your quest in life. :). Not that hard.

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After the Purchase: Optimizing Customer Retention Through Gamification

ConversionXL

A study in the Harvard Business Review noted that increasing customer retention by 5% can generate a 25%-95% increase in profit. However, what really matters is the ease of the redemption process and the rewards available. Due to the software’s complexity, Autodesk turned to gamification to create captivating tutorials.

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Twitter Link Roundup #284 – Late Summer Resources for Small Business, Startups, and Design!

crowdSPRING Blog

But back now to reality, and I some small measure of redemption, because it’s time for the set of links and articles that we shared with you over the past week on our crowdSPRING Twitter account (as well as my own Twitter account )! Back to the Future: Shock & Boredom for Big Tech Design – Print Magazine crowdspring.co/1Nr3Kop.