Berkonomics

JANUARY 3, 2013

Most every business can take advantage of continuing, recurring revenues from its customer base. Sometimes, products are designed to make all of their profit upon the recurring revenues from supplies or support. Usually that amount exceeds 50% of total revenues, and is often much more.

Revenue 79

Revenue Software Review Vertical Valuation 79

VC Cafe

JANUARY 27, 2021

Others are enabling sales calls (Demodesk), asynchronous communication (Loom), workplace training (Hone), and less-distracting communication (Focusmate). But within two weeks its Israeli founders managed to pivot their product into the virtual events world and have concluded 2020 with 100% growth and tens of millions of dollars in revenue.

Vertical 148

Vertical Video Technical Review Europe 148

Steve Blank

MAY 28, 2009

Steve,&# he said, “you’re missing the most interesting part of vertical markets. The implications for entrepreneurs is that each of these (market risk versus invention risk,) require radically different financing models, a different type of venture investor, different timing for hiring sales and marketing, etc.

Vertical 147

Vertical Silicon Valley Marketing Customer 147

ConversionXL

OCTOBER 21, 2013

Managing shopper experience for medium-sized eCommerce businesses presents a lot of opportunities for conversion testing, and the ability to see real and immediate revenue results when tests are successful. This one small change led to an additional 110 orders, bringing in an additional $43,230 in revenue in a 2 week period.

Revenue 124

Revenue Caching Software Review eCommerce 124

VC Cafe

AUGUST 30, 2023

The Information revealed that OpenAI passed the $1 billion revenue pace over the next 12 months, far ahead of its projections. billion quarterly revenue, driven by surging demand for its AI chips. But it’s not just large tech companies fighting for their share of cloud revenue – startups are entering the space quickly.

Generative AI 78

Generative AI ChatGPT Software Review API 78

VC Adventure

AUGUST 31, 2017

Beyond that, they actually went back in time and looked at the earlier stage periods for these companies so we can track how some of the world’s best SaaS companies performed at revenue levels more akin to the typical Series B business. Companies in the study that scored 40% of greater had TTM revenue multiples of 6.4x

IPO 113

IPO Vertical Balance Sheet Valuation 113

Duct Tape Marketing

FEBRUARY 27, 2024

At Scorpion, he played a pivotal role in growing the agency’s revenue 8x in 5 years to a remarkable $150M. Corey is also the author of ‘Anyone, Not Everyone,’ a comprehensive guide for agency founders looking to move beyond founder-led sales. So Corey, welcome to the show.

Vertical 69

Vertical Marketing Cofounder Campaign 69

Agile VC

FEBRUARY 5, 2014

This is a logical thing to do… when we started LinkedIn, my mentor Reid Hoffman instilled a mantra of Growth –> Usage –> Revenue which still holds for many consumer companies. Arguably revenue is the best signal of product-market fit for B2B startups. But B2B startups need to take a different tack.

Revenue 234

Revenue Product B2B Marketing 234

ConversionXL

JANUARY 18, 2022

It partners with sales to close more revenue, informs product teams to deliver better products, and in some cases, co-owns demand generation activities with marketing teams. of their time), marketing teams (84.2%), and sales teams (75.9%). Use product marketing to boost reach and sales. Image Source.

Marketing 110

Marketing Product Audience Equity 110

Startup Professionals Musings

OCTOBER 23, 2021

This is not just sales traction, but a proper balance between resources, product, and customers. Too many early-stage companies are so desperate for customers that they operate in a frantic and random sales mode. Selling too early triggers customer defenses and drives them away. Everyone hates being sold to; we all prefer to buy.

Early Stage 379

Early Stage Vertical Sales Global 379

Both Sides of the Table

JANUARY 6, 2014

By now you have many smart people around your board but probably people who don’t totally understand the nuances of your employees, customers, sales reps, marketing messages, technology challenges, competitors and strategic choices. how much energy to put into channel partners vs. direct sales. how to evolve our management team.

Technical Review 325

Technical Review Early Stage Software Review Los Angeles 325

Steve Blank

MAY 11, 2021

Dozens of outreach programs across the military now offer quick revenue to early-stage companies. Historically, more than 80% of new entrants exit the defense market before they have a chance to see recurring revenue. Is the company prepared to endure revenue gaps? billion in early funding. Recently public enterprise-AI firm C3.ai

Artificial Inteligence 337

Artificial Inteligence Marketing Startup Silicon Valley 337

Up and Running

JULY 26, 2016

Between January 2015 and January 2016, we grew our platform Slidebean from $1K to $20K in monthly recurring revenue. Getting the first tracks of revenue is one of the toughest processes of building a startup. Aug-15: Head of Sales (growth team). Apr-15: Head of Marketing (growth team). Jun-15: Community Manager (growth team).

Revenue 60

Revenue Acquisition Channel Campaign 60

A Smart Bear: Startups and Marketing for Geeks

MAY 21, 2013

How you price a product can have a radical impact on the revenue you make from it. My search for the perfect pricing model resulted in an additional $50,000 (a 170% increase) in revenue. I’d heard about other successful self-publishing endeavors, but they had always been from popular bloggers who were achieving millions in sales.

Sales 335

Sales Revenue Design Web 335

Steve Blank

APRIL 23, 2018

The entrepreneur who founded and grew the largest startup in the world to $10 billion in revenue and got fired is someone you have probably never heard of. 2) Provide corporate management with near real-time divisional sales reports and budgets that indicated when they deviated from plan. billion in sales in today’s dollars).

Michigan 275

Michigan Cofounder Stock Forecast 275

ConversionXL

OCTOBER 4, 2022

Since 2015, clothing brand ASOS has grown revenue by an average of 22% year over year. Vague, high-level goals (such as “improve lead generation,” “increase online sales,” or “attract more customers”) are not specific or measurable enough to define marketing success. Some goals may be measured by more than one metric. Take Booking.com.

eCommerce 129

eCommerce Marketing Social Media Retention 129

Up and Running

OCTOBER 7, 2019

Think of them like this: If you have a critical sales milestone your company needs to meet by the end of the year, KPIs should deliver incremental evidence that you’re either headed in the right direction, or you’re not. . Sales KPIs. Revenue and wins by type: compare revenue and wins among existing and new businesses.

Founder 71

Founder Retention Metrics Technical Review 71

YoungUpstarts

DECEMBER 7, 2017

Longer, costlier cycles drain cash on hand while delaying the onset of crucial revenue streams. Instead, use an existing user manual template that’s appropriate for your process and vertical. Two conditions that do matter to your startup’s out-year viability are the cost and length of its product development cycle.

Cost 100

Cost Developer Small Business Administration Marketing 100

David Cohen

AUGUST 22, 2012

After the market downturn, I think that investors in general got more picky about “real” revenue models. As an example, one of the areas that I like to invest in is vertical search. With vertical search, it’s all about the crack. I had a meeting today with the vertical search company that I recently funded.

Vertical 110

Vertical Search Business Model Software Developers 110

Steve Blank

APRIL 30, 2009

SuperMac sold our graphic boards for the Macintosh through multiple distribution channels: direct sales to major accounts, national chains, independent rep firms, etc. But the computer retail channel was a large part of our sales. He had teamed up with a former product manager at P&G to deliver seminars on just this subject.

Sales 120

Sales Silicon Valley RSS Las Vegas 120

Steve Blank

SEPTEMBER 7, 2009

This post describes how following the traditional product development can lead to a “startup death spiral.&# In the next posts that follow, I’ll describe how this model’s failures led to the Customer Development Model – offering a new way to approach startup sales and marketing activities. The board raises a collective eyebrow.

Customer Development 228

Customer Development Developer Customer Silicon Valley 228

YoungUpstarts

JUNE 6, 2013

For Leads or Sales consider a Modified Lehman Formula. If you have a deal that is related to bringing in sales and you do want to have a perpetual compensation you can use some version of a Lehman Formula that incentives the person upfront as they are bringing in revenue for you, then caps it off on an ongoing basis.

Technical Review 164

Technical Review Securities and Exchange Commission Non-disclosure Agreement Due Diligence 164

Where to Play

AUGUST 18, 2020

Their root lies in a small ice-cream manufacturing and sale unit which was established back in 1988. Most of their business growth was vertical by focusing on food, tentage, and decoration for marrying couples and their families. Time to revenue is low due to short transactional volume and the short sale cycle.

Pakistan 62

Pakistan Sales Cycle Marketing Technical Review 62

Duct Tape Marketing

JANUARY 25, 2023

Growing Your Audience (And Your Revenue) With A Book written by John Jantsch read more at Duct Tape Marketing Marketing Podcast with Matt Briel In this episode of the Duct Tape Marketing Podcast , I interview Matt Briel. People wanna get on the speaking circuits for whatever, you know, industry or vertical they're in. Thanks, John.

Audience 89

Audience Revenue Distribution Differentiation 89

Hearpreneur

FEBRUARY 1, 2019

This year we will hit over $15m in gross revenue. This year we will hit over $15m in gross revenue. . In six months, the following was accomplishes: a one year lease was signed, I had made a public commitment to my business, and we were generating zero revenue. Thanks to Rafe Gomez, Vertical Cloud Inc. ! . #4-

Entrepreneur 56

Entrepreneur Delaware Hiring Social Media 56

Hearpreneur

FEBRUARY 1, 2019

This year we will hit over $15m in gross revenue. This year we will hit over $15m in gross revenue. In six months, the following was accomplishes: a one year lease was signed, I had made a public commitment to my business, and we were generating zero revenue. Can you find a way to improve on what already is generating revenue?

Entrepreneur 54

Entrepreneur Delaware Hiring Social Media 54

Steve Blank

JUNE 8, 2009

In the last three posts, we drew the relationship of market risk and invention risk with vertical markets and pointed out verticals where customer development would be useful. would look in each of the verticals. For example, How does sales differ from one market to another? Sales – What Channel to reach the customer?

Vertical 123

Vertical Silicon Valley RSS Marketing 123

The Startup Magazine

NOVEMBER 25, 2019

Online retailers are increasingly turning to subscription sales models to get a reliable strain of long-term revenue for the business. Visualizations about monthly recurring revenue, profits and loss, cycle analysis, rebill rates and more are updated in real time.

eCommerce 107

eCommerce Analytics Security Churn Rate 107

Startup Professionals Musings

JANUARY 6, 2019

This is not just sales traction, but a proper balance between resources, product, and customers. Too many early-stage companies are so desperate for customers that they operate in a frantic and random sales mode. Selling too early triggers customer defenses and drives them away. Everyone hates being sold to; we all prefer to buy.

Startup 242

Startup Early Stage Vertical Sales 242

Steve Blank

NOVEMBER 16, 2009

In it, I got asked a question I often hear: “What if we have a web-based business that doesn’t have revenue or paying customers? And without revenue how do we know if we achieved product/market fit to exit Customer Validation?” They’re putting money into web services/business – most without early revenue. End of theory.&#

Customer Development 223

Customer Development Web Developer Customer 223

The Startup Magazine

JUNE 1, 2023

We’re hitting record revenue months, weeks, and margins. Be honest with yourself VCs are now going to be looking closer at margins, cost structures and true sales, and product market fit. Don’t be afraid to pivot The collapse of SVB spurred us to do a deep evaluation of how we’re generating revenue and value for customers.

Early Stage 113

Early Stage Los Angeles Silicon Valley Cofounder 113

Both Sides of the Table

JUNE 20, 2014

I have been saying privately for years now that I believe online video will evolve into fragmented distribution (my next online video post) and vertical production. And we’re growing our sales organization. We’re deepening our YouTube content while also building out relationships with other online networks.

South America 291

South America Colombia Mexico Vertical 291

Steve Blank

APRIL 9, 2009

And it was going to mention the two words that SuperMac marketing needed to live and breathe: revenue and profit. To do that we will create end-user demand and drive it into the sales channel, educate the channel and customers about why our products are superior, and help Engineering understand customer needs and desires.

Silicon Valley 263

Silicon Valley Technical Review RSS PR 263

Austin Startup

JUNE 22, 2020

They have a $600k sales backlog that they’ll complete this month, and about 50% or more of that will be recurring revenue. The product is a complex AI service in an industry vertical that is large and growing fast. How could a company only six months old have $600k in revenue this month?

Vertical 64

Vertical Early Stage Forecast Revenue 64

ReadWriteStart

JANUARY 6, 2011

This curriculum is based on the various questions entrepreneurs have asked me over these 64 sessions, spanning financing, positioning, customer acquisition, marketing, sales, channel, and various other early stage, startup-related issues. John already has a couple of customers, and needs about 50 customers to get to $1M in annual revenue.

Vertical 115

Vertical Web San Francisco Entrepreneur 115

ConversionXL

JANUARY 16, 2014

Before you run a fire sale and torch your profits for the sake of staying competitive, you need to read this. Back in October 2013 Simon-Kucher & Partners , a global marketing & sales consultancy, published a survey that found 33% of shoppers did not name prices as the primary driver for online shopping. Shipping Costs.

Software Review 117

Software Review Social Media Vertical Algorithm 117

A Smart Bear: Startups and Marketing for Geeks

FEBRUARY 11, 2014

If you like this, go see his Shockwave Innovations blog ) Anyone that has taken an accounting class or learned basic business financials knows the interaction between key elements of a P&L (revenue, cost, expense) and a balance sheet (assets, liabilities, equity). The nuance comes in deciding what to include in sales and marketing costs.

Churn Rate 288

Churn Rate .Net Metrics Hosting 288