I'm a Student who is...ย โขย 1y
Strategies for startups ๐ Leverage Cost-Effective Marketing: Utilize free or low-cost marketing tools, particularly social media, to build brand awareness without overspending. Focus on Product-Market Fit: Ensure your product meets the needs of your target market. This alignment is crucial for sustainable growth. Prioritize Customer Service: High-quality customer service fosters trust and loyalty, essential for retaining customers in the early stages. Embrace Technology: Adopt innovative technologies to streamline operations and enhance efficiency, from finance management tools to communication systems. Stay Agile and Open to Change: Be willing to pivot based on market feedback and changing conditions. Flexibility can be a significant advantage. Conduct Thorough Market Research: Understand your target audience and competitors to tailor your offerings effectively. Use surveys and analytics to gather insights. Establish Clear Goals: Set measurable and specific long-term goals
Keen Learner and Exp...ย โขย 8m
Complicated Business Terms Simplified PART: 1 ROI (Return on Investment): How much profit or value an investment generates compared to its cost. TAM (Total Addressable Market): The total demand for a product/service globally, assuming no competiti
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"Built. Sold. Repeat...ย โขย 8m
"The Clear Roadmap for How to Start a Startup." โขIdentify a Problem: Find a real-world problem or unmet need to solve. โขValidate the Idea: Conduct market research and gather feedback from potential customers. โขCreate a Business Plan: Outline your
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Work and keep learni...ย โขย 1y
Business Terms TAM stands for Total Addressable Market, a key metric in business. It estimates the total revenue possible by selling your product to everyone in the market who could potentially benefit from it.Businesses use TAM to gauge market size,
See MoreMoney Magnetย โขย 1y
Aaj Ki Raat, Dhandhe Ki Baat Value Proposition (Part-3): In Previous parts, we understood the Value Proposition in details. Let's finish it of with PMF (Product Market Fit) PMF is the sweet spot where your product or service perfectly meets a probl
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CHAIRMAN - BITEX IND...ย โขย 1y
โ Top 10 point for making any startup successfull 1=} Identify a Problem =} Find a pressing problem or need in the market that your startup can solve 2=} Develop a Unique Solution =} Create a product or service that addresses the identified problem
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How D2C brand use data to build deeper customer connections and skyrocket sales! Audience identification and segmentation enable tailored marketing, personalized experiences, and better customer retention. D2C brands like Glossier, Dollar Shave Club
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