Remove Hiring Remove Matching Remove Retention Remove Viral
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27 Entrepreneurs Share Tips on Building an Ecommerce Business

Hearpreneur

As soon as you have 2-3 months' worth of sales data to work with, use a formula to calculate stock reorder levels to ensure you always have stock ready to go, especially if you're promoting your products on platforms known for viral content, like TikTok. The first step is to have a domain name that matches your business name.

eCommerce 134
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Should a Startup Spend VC Funding on a Domain Name?

David Teten

The name needs to match the business. Keyword rich domain names get a considerable boost in search rankings; an exact match is even better. Just purchasing an Exact Match Domain name is not enough.”. You want your company to show up first in the search results whenever someone is looking for a product you sell.

Naming 114
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Lessons Learned: Validated learning about customers

Startup Lessons Learned

Products can find sources of validation with impressive stats along a number of dimensions, such as high engagement, viral coefficient, or long-term retention. Perhaps they’ll be able to hire someone especially skilled in the marketing skills needed to find this positioning.

Customer 167
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CXL Live 2018 Recap: Top 5 Lessons from Each Speaker

ConversionXL

Amazon has hired more people for their Alexa division than Google has for the entire company – it’s not hunch, this is going to be the focus. Hire & fire – tools to do a job. match the brand ethos, congruent with the website. Retention is the most important thing – if that’s poor, nothing else matters.

Retention 106
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The pioneers of Silicon Valley’s fast culture on how to grow quickly, not recklessly

Reid Hoffman

Dropbox made a great file-sharing product, for instance, but it was their viral marketing campaign that allowed them to cheaply acquire millions of customers. Airbnb was a small 40-person company at the time, and Wimdu, raised close to $100 million, hired 400 employees, and opened 20 offices. The third is high gross margins.

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Engagement loops: beyond viral

Startup Lessons Learned

Lessons Learned by Eric Ries Tuesday, December 16, 2008 Engagement loops: beyond viral Theres a great and growing corpus of writing about viral loops, the step-by-step optimizations you can use to encourage maximum growth of online products by having customers invite each other to join. This is essentially a version of the viral loop.

Viral 140
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How I Use Visualization to Drive Creativity

Both Sides of the Table

The key is channeling what you learn when you drive onto paper for retention purposes so you have to write it down soon afterward. I use tools to invoke my creative self. One example is driving, which has an actual physiological reason it makes you creative. I hear very little discussion ever about how to be more creative.