Bit of Comeback Post 🔥
Ist time founders focus on Product.
2nd time founders focus on Distribution.
3rd time founders should focus on Retention.
This is a learning from my last startup. If your business by nature can not have repeat users, it wil
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Anonymous 2
Hey I am on Medial • 2m
This is so true. My first startup was all about building a great product, but I failed because I didn’t understand distribution. Now, I spend more time on customer acquisition and retention strategies than the product itself.
Ycombinator Day 4: 🚀 Mastering Product Building, User Talks & Growth Strategies!
Key Insights 🤩🤔🚀:
• Don't build secretly, get users from the start
• Learn the problem deeply, identify customer segments
• Define minimum viable product (MVP)
•
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3 replies7 likes
Mehul Fanawala
•
The Clueless Company • 9m
"Customer Retention" isn't just a strategy.
It's an attitude.
If you don't value your customers because they matter...
If you don't respond to their queries because you care...
If you don't genuinely want to see them satisfied...
Your business mode
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0 replies5 likes
FED KIIT
Federation of entrep... • 6m
Which metric is most commonly used by startups to measure product-market fit?
A) Customer Acquisition Cost (CAC)
B) Net Promoter Score (NPS)
C) Customer Lifetime Value (CLV)
D) Monthly Recurring Revenue (MRR)
Hey everyone!
I’m working on a customer service company focused on helping B2B startups bridge the gap with bigger players. We’ll provide support to boost customer retention, help them understand their market/product better, and grow without the str
Startup Terminologies Demystified 🚀
1) LTV (Customer Lifetime Value):
The total revenue a business can expect from a single customer during their entire relationship with the company. It helps measure how valuable a customer is in the long run.
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
I started three business, 2 failed 1 running here is what I learned.
I focused too much on building a great product.
I need to focus first on getting customers, users or getting sales.
I lost close to 10 lacs, wasted 5 years just to understand th
As mentioned, I will continue from yesterday's post and write about types of KPIs in detail
a] Customer and user engagement KPIs:
1. Conversion rate: percentage of users who have signed up/ purchased the product.
2. Customer retention rate: propo
WTF is CAC (Customer Acquisition Cost)❓🤔👀
Let me explain this, Customer Acquisition Cost (CAC) is a key business metric that represents the total cost of acquiring a new customer. So, This includes all the costs associated with sales and marketing
Day 62: From Idea to IPO: The Bengaluru Startup Lifecycle
The journey from a spark of an idea to a successful IPO is a marathon, not a sprint. Here's a roadmap for your Bengaluru startup:
* Ideation & Validation: Identify a problem worth solving a
