article thumbnail

Be Honest About Whether Your Product Really Makes a Difference

Both Sides of the Table

This is why I loved Brad Feld’s recent post about the “ illusion of product / market fit.” Are our users addicted to our product? But if users don’t come back to your product directly and often I question whether you have a sustainable product / company. Are we making their lives better?

Product 150
article thumbnail

Should Your Startup Give Performance-Based Warrants?

Both Sides of the Table

BigCo calls you to review your product and decides they want to use you. the economic benefits to BigCo never warrant all of the time and effort they put into getting a stake in your company and trying to make that stake worth money. What are Performance Based Warrants? What is a “performance based&# warrant?

Warrant 298
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 to Manage Friendly Fraud Chargebacks

The Startup Magazine

While these claims are invalid and should be contested via representment, they don’t represent intentional fraud – the customer may have received a product and simply forgotten they did so or it may have been misplaced by another member of their household.

article thumbnail

E-Commerce In 2020: 5 Low Cost Product Ideas To Drive Sales

YoungUpstarts

If you operate such an e-commerce business and are curiously looking for some incredible product ideas, you’re definitely up for a treat. This post would feature five fantastic low-cost product ideas that would turn your ordinary e-commerce business into a gold mine. What are these products? Let’s find it out. Enamel Pins.

Cost 168
article thumbnail

4 Things Not To Skimp On When Starting A Business

YoungUpstarts

For some, it is because they don’t offer a quality product or service, but for many, it is because they don’t put forth consistent marketing efforts. Depending on the type of product or service you provide, you may even need them for your customers. Marketing and Advertising. Spend money early on marketing.

article thumbnail

Account-Based Marketing vs. Lead Generation: Which is Right for You?

ConversionXL

Pre-digital marketing, traditional lead generation involved reaching out to unaware buyers through outbound marketing tactics such as cold-calling, direct mail, or media advertising to introduce them to products or services in the hope of convincing them to convert. But the customer is worth more and the target approach of ABM is warranted.

article thumbnail

GPT-3:  An AI That Makes Cars, Not Wrenches And What It Means For The Legal Profession

YoungUpstarts

I suggest, however, that the attention might be warranted on its merits. Certainly other AI products add value. However, it does represent a transition from making the raw materials of end products to making end products themselves. GPT-3 is getting the benefit of that spotlight. Because Not Every Problem Is A Nail.