If you're building a consumer app, there are 2 levers that'll make your app successful
1. > 2.5% + Install to paid user ratio
2. Solid retention, most apps are trading apps- user performs an activity and never comes back but great businesses are a
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Anonymous 2
Hey I am on Medialย โขย 4m
High install-to-paid ratio and retention are everything. If people arenโt converting or sticking around, your app is just burning cash. Great businesses are built on returning users who pay for value. High user acquisition alone is not enough.
If you're building a consumer app, there are 2 levers that'll make your app successful
1. > 2.5% + Install to paid user ratio
2. Solid retention, most apps are trading apps- user performs an activity and never comes back but great businesses are a
There's a huge difference between building a mediocre business, sizable business and a great business
Here's how you can know if your idea will turn into a mediocre business, sizable business and a great business
There are 3 important components
๐ฑ ๐ฆ๐๐ฒ๐ฝ๐ ๐๐ผ ๐ฆ๐ฝ๐ฒ๐ป๐ฑ ๐๐ฒ๐๐ ๐ฎ๐ป๐ฑ ๐ฆ๐ฒ๐น๐น ๐ ๐ผ๐ฟ๐ฒ !
1๏ธโฃBuild a lean operating model โ Automate tasks, negotiate expenses, and use flexible workspaces.
2๏ธโฃPrioritize high-converting sales strategies โ Focus on targeted marketing and l
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Aarihant Aaryan
Prev- Founder & CEO ...ย โขย 1y
Last year when I was in Bangalore, I met pretty famous, well-accomplished, and highly insightful founders, one of the questions that I kept asking everyone is
How do you validate an idea or how do you know if something will work or not?
The reason
Everyone wants FUNDING
Lets address the Elephant in the room
Funding โ Success
๐ฐMyth:More funding=guaranteed success.
Reality: 70% of startups fail despite funding in 2-5 years(ex:Byju's huge funding and name like SRK)
What matters more:
1๏ธโฃPro
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1 replies7 likes
Inactive
AprameyaAIย โขย 6m
Ever feel like you're burning cash with digital ads and getting nowhere?
Shriman aap akele nahi! You're not alone.
Hereโs why most digital ads are a waste of money โ and what to do instead:
1. Targeting everyone means youโre targeting no one. Th
What is Key Performance Indicators (KPIs) for startups ?: where metrics meet mayhem.
โค Revenue Growth: If you're not making money, you're just playing entrepreneur.
โค Customer Acquisition Cost (CAC): How much cash are you burning to get someone to
Why Flipkart Struggles to Turn a Profit: Unpacking the E-commerce Giant's Challenges
- Intense Competition: Competing with Amazon, Snapdeal, and other local players drives up marketing and operational costs.
- High Discounts & Offers: To attract
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Shubham Gupta
Passionate about cre...ย โขย 3m
Most of the D2C brands are either burning funding money or are profitable only with very unique product.
Still why people are running to build consumer brands going D2C.
Clothing mostly brands without differentiation will die soon when trying to