🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥

News

Pods

Back

Priit

Hey I am on Medial • 3m

🚀 Business in Numbers: 10 Stats Every Entrepreneur Should Know 1️⃣ 90% of startups fail within 5 years. (Failory, 2023) 2️⃣ 42% fail due to no market need. (CB Insights, 2023) 3️⃣ 78% of consumers buy from brands they trust. (Edelman Trust Barometer, 2022) 4️⃣ 80% of sales happen after the 5th follow-up—most quit after 1-2 tries. (Marketing Donut) 5️⃣ Word-of-mouth drives 92% of purchases. (Nielsen, 2022) 6️⃣ Social media influences 71% of buying decisions. (Sprout Social, 2023) 7️⃣ 60% of people leave a website if it loads in more than 3 seconds. (Google PageSpeed Insights) 8️⃣ A 5% increase in customer retention can boost profits by 25-95%. (Harvard Business Review) 9️⃣ Email marketing has an average ROI of $42 per $1 spent. (Litmus, 2023) 🔟 Best time to post on social media? Tuesdays & Thursdays at 10 AM. (Sprout Social)

0 replies3 likes

Recommendations from Medial

Mahendra Lochhab

Content creator • 9m

NUMBER OF UNICORNS IN INDIA⤵️ 2021 - 47 2022 - 24 2023 - 2 2024 - 3

3 replies14 likes

Mahendra Lochhab

Content creator • 8m

India's agricultural exports in 2022-2023 were $53.1 billion, which was 11.8% of the country's total merchandise exports.

0 replies4 likes

Mahendra Lochhab

Content creator • 9m

In the 2022–2023 fiscal year, the auto components industry in India had its highest-ever turnover of $69.7 billion, a 32.8% increase from the previous year

0 replies13 likes

Mahendra Lochhab

Content creator • 10m

In 2023, the Indian wedding industry was the second largest in the world, with over 80 lakh weddings and an estimated value of $130 billion. It's also India's fourth largest industry, with an estimated value of Rs 4.74 trillion in 2023, a 26.4% incre

0 replies7 likes

Mahendra Lochhab

Content creator • 5m

As of 2023, the average data consumption per user per month in India was at 24.1 gigabytes. 4G data traffic contributes to 99 percent of the overall data traffic while 5G was launched in India in October 2022.

3 replies5 likes

Mahendra Lochhab

Content creator • 5m

India is the third-largest consumer of energy in the world. According to the Ministry of Power, the country’s peak demand reached a record high of 223 gigawatts (GW) in June 2023, a rise of 3.4% from the highest level in 2022.

3 replies3 likes

Mahendra Lochhab

Content creator • 8m

India's smartwatch market has been growing rapidly, becoming the world's largest in 2022. The market is expected to grow at a compound annual growth rate of 64.7% from 2023 to 2029, reaching $120.9 billion by 2032.

8 replies13 likes

Mahendra Lochhab

Content creator • 1m

In 2022-23, India produced 11.14 million tonnes of spices, a slight increase from 11.12 million tonnes in 2021-22. India exported spices worth USD 4.46 billion in FY 2023-24, reaching an all-time high.

0 replies1 like

Mahendra Lochhab

Content creator • 11m

WHERE THE WORLD'S SMARTPHONES ARE MADE? Share of global smartphone production by region. A growing percentage is gradually shifting from China to India. 2016 2022 2023 CHINA 74% 65% 63% INDIA

1 replies6 likes

Arcane

Hey, I'm on Medial • 10m

ONE INTERESTING OBSERVATION SERIES DAY #8 In 2013, over 70% of funded founders had more than 10 years of experience. Fast forward to 2022 and 2023, and the landscape has shifted. Experienced founders (>10 years) now make up just under 40% of seed d