Questions

Results for: Customer Acquisition

This is a good question and always pops up in many projects. We always try to look at the customer life time value as the long term KPI. In most businesses 20 % of your valuable customers account for 80 % of the overall sales. It helps to identify those customers, by setting up a clear funnel ana...

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Wow! Good question. The way is endless and could yield you so much. Think of innovation and creativity. These are just some ideas that I used and it worked and cost less and yield much profit. Depending on where you are some might not work but for what it's worth give some a try. Crowd gathering ...

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With an upfront of $10-15k you are in the 'sales range'. Companies won't part with that money without a few conference calls and whether it's you or a team someone needs to hold their hand to get that sale. CAC is a lot easier to gauge on consumer products because they can be sold on an advertis...

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Having effectively run a young digital agency as well and growing revenue by over 400% within 6 months, I will share what worked for us. Word of mouth remains your best customer acquisition channel. Referrals paved a way for us in an industry that was already overcrowded. How did we achieve thi...

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Hi, Each of these two has pros and cons. 1) Why would suppliers take the time to do this unless you can guarantee them sales? If you go this route, your solution requires more complexity (UI for suppliers etc.) but means you will be more scalable. 20 This is a big burden on you but you are no...

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hi, start from the issue you want to solve or need you want to fulfill. Then find a consumer for whom the issue or need is really important and/or urgent. Take Uber, the issue they solve is helping people to go from place A to place B. This is important for many segments: - Business people - Peop...

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Definitely traction (marketing, sales, customer acquisition, retention) and not infrastructure. You don't have a scalable business, you're "seeking" one. So seek it first, then worry about scaling. Put it this way: If there's two otherwise-identical businesses, and P has "good infrastructure" ...

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Getting B2B clients organically involves building relationships, establishing your expertise, and providing value to your target audience. Here are some steps to consider when looking to acquire B2B clients organically: 1. Identify Your Target Market: Clearly define your target market and unders...

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1. Boise Cleaning Fairy, we sell residential & move out cleans. 2. We had no brand, no clients, no cleaning experience. 3. We wanted more customers. To do this we focused on review platforms that had very little competition. The top Yelp cleaner only had 7 reviews, the top Thumbtack cleaner on...

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It's difficult to provide you any real advice without knowing anything about your service/product, or what a 'signup' means (is it a free version of your product, a signup to your mailing list or something else) but generally speaking it can be any of the following reasons: 1) People sign up to ...

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