Co-founder & Director at Epixel MLM Software
WordPress MLM plugin features like commission management, distributor network management, payout management, compensation plan management and automation of marketing activities such as lead generation, sales prospecting, and customer relationship management will help you integrate and manage a resourceful MLM network in your business. It can seamlessly integrate ecommerce and MLM elements into your business if that is what you’re looking for. But, first analyze your business requirements and look for plugins that offer customization of MLM features. WordPress MLM plugin from Epixel (https://www.epixelmlmsoftware.com/wordpress-mlm-plugin), a direct selling technology company, can help you streamline your business with MLM features. It has advanced features such as prospecting tools, commission management system, distributor training module, promotional tools, and an efficient compliance management system. New age features such as gamification, personalized training and interactions, and customer support modules are integrated to help MLM businesses gain a competitive edge in the rapidly evolving global marketplace. The WordPress MLM plugin also includes industry-standard security features that secures customer, distributor, and organizational data and allows all third-party integrations for businesses to operate seamlessly. The plugin supports all MLM compensation plans and commission structures to accommodate changing business requirements. Most WordPress MLM plugins offer businesses support to manage their wide distributor networks with exceptional features to engage, entertain, and encourage distributors to be more productive. From onboarding new distributors to retaining existing customers, an MLM plugin has all the features that a standard MLM software can offer.
Get Advice On Growing Your Real Estate Business
Hello! We recommend using Hubspot's CRM - they integrate pretty much everything a business might need. We use it for ourselves and our clients and really love it.
Fractional CTO
For most sites both can have equal importance. SEO tends to be slower. PPC tends to be fast. Most of my clients balance both. So the "wisdom" of using PPC, is creating instant conversions.
Strategic Partnerships
2
Answers
I help you buy, sell, plan, value a business
Hi, I've helped people buy and sell businesses for years and have helped people dissolve and create partnerships and raise capital. When you take on a partner, you're selling a piece of a business. Either the one you have now or the one you hope to grow into. The question is, 'what do you expect your new partner to bring to the business and what will they need to get in order to justify the risks?' People use the word 'partner' to talk about real partners, shareholders, investors, etc. You can structure debt arrangements, equity arrangements or combinations depending on what you want to achieve and based on what inticements you think you need to offer. Give me a call to discuss the specifics of your situation and be sure to check out my reviews to see how I've helped other people with partner issues. Thanks Dave
Unique Insights, Creative Solutions
The answer to this question depends on the nature of your product, and what 'class' of medical device it would fall under. Depending on what class it is, the process could be as easy as filling out a simple form and sending it to the FDA, or it could be as hard as a multi-year multi-million dollar process involving clinical testing in hospitals. In either case, I'd be happy to map out the process for you. Feel free to send over more background info and I'll look it over. best, Lee
Fractional CTO
Recent Udemy changes... well over last 18 months now, have rendered Udemy less than the best for marketing. If you layout your entire monetization strategy, likely there are far more lucrative + useful ways of marketing than Udemy. Be sure to mention if you're using your using your course as a lead magnet to build a list or your course itself is what you're targeting to monetize.
8 figure EXIT in 18m, DID NOT raise capital
A recurrent question in the region. Thank you for asking! I've been based in Singapore since 2012 and have contributed to the expansion of the different startup ecosystems in Southeast Asia (more here: http://exitcoach.fyi.to/linkedin), including Malaysia. In 2014 I was part of MaGIC (Malaysian Global Innovation & Creativity Centre)'s Startup Academy Launch sharing about exit strategies for startups and have seen how both tech hubs have evolved over the years. Both options have their pros and cons with perhaps a few more pros for Singapore as the preferred business hub in the region. However it would be necessary to better understand the specifics of your startup as this will greatly impact your choice. For example, perhaps your startup caters to the muslim markets. Does your expansion include hiring of local and overseas talent? And so forth. Please use this link to setup a free 30min introductory call so I can learn more: http://ExitCoach.fyi.to/FREE and better support your needs. Thanks again for your question!
Fractional CTO
https://www.fraingroup.com - likely good place to start. Also setup Google Alerts to scrape Craigslist + email you immediately when something shows up you're looking for.
Product Strategy, Design, and User Experience
I would put content out for free on YouTube, share via social media channels. In your Youtube channel, promote people to visit your website. On the website, collect email addresses to begin building an audience. Use the email address to send behind the scenes exclusive content and in each email message you send request a donation via Patreon.
Clarity Expert
Yeah, this is a really interesting question.I would be thinking about: 1. An open letter from the CEO of your hotel chain that's hosted on your website. Something that shows empathy with customers who are considering booking your hotel but are majorly put off by the terrorist events. A letter that details out everything the hotel has done in the community, to help the victims and to increase security since it happened. There's no escaping the fact that when customers are researching this hotel via Google, they are going to come stories detailing the terrorist event. Perhaps the only way you can combat that is by detailing your side of the story and showing an openness to tackle the issue head on. This could also work well from a PR perspective because you could use the content to contact journalists and publications who covered the original story. PLUS from a reputation management perspective, you might be able to replace some of those news stories with an updated story on how you're handling the situation. 2. Revisit your deals, offers, and partnerships. If the hotel is struggling with sales, no matter how dire the situation, travelers are always going to be attracted to good offers and deals. Maybe you need to test ramping up your offers and promoting them via affiliates? Opening up an affiliate network is perhaps one way of creating an immediate boost in sales. 3. Find and reward your current advocates and returning customers. Have you got customers that have been coming back for years and years? How about customers that have CONTINUED to return, despite the events? You need to thank these people. Reward them. Speak to them and hear their stories about why they returned to you. This will help you to create your strongest messages. In addition to this, putting a strategy together to highlight great customer feedback, reviews etc. from this point forward is something I'd recommend. Good luck and thanks for posting this question.
Unique Insights, Creative Solutions
You're saying is that your product strikes a middle ground, "providing powerful project management features without the learning curve." Why is no learning curve important? Because it allows teams to transition to it without taking time to do it. Teams that are already using complex products like Atlassian, etc. have already invested a lot of time into getting their whole team over the big learning curve, so they don't really have any reason to go with you. They would see it as a negative acknowledgement that they wasted time learning Atlassian, and since Atlassian already has more features than yours, they would be losing capabilities too (remember they're already over the learning curve). These are therefore the people that will say they don't understand your USP. You're not going to convince any of them to transition to your product. The main persona you should be selling to is the people that either currently use the less complex solutions (Trello, etc.), and also the people that are just starting their first product and are just starting to look at the tools available (i.e. they haven't been exposed to anything yet). These are the people that will immediately understand your USP, and it will resonate with them. They want better tools without the learning curve. However, aside from time to learn, another reason some of these people have not gone to a more complex solution is because they cost more. So to get those people too, make sure you have a long free trial period to let them get a feel with their own experience that there's no learning curve, and to get them hooked on the advanced features, so when they try to go back to Trello, etc. they get frustrated with the annoying repetitive tasks, etc. If you'd like suggestions more tailored to your specific product, send me a link and I'll check it out, Lee
Conversions, marketing, ecommerce and content.
I am not a lawyer, but the former seems to give you more flexibility and less paperwork.
Unique Insights, Creative Solutions
It would be useful to know the role you'd like your cofounder to play (i.e. technical, business, etc.), but here are some general ideas. Finding a good cofounder isn't easy, and your relationship has to be, or become, very close to succeed. To find one you'll need an idea that people can be passionate about. That being said, here are some places to look: 1) Ask your friends (obvious, but a good place to start) 2) Sites: Meetup.com Linkedin Angellist http://founderdating.com/ www.cofounderslab.com http://shapr.net/ Weave app (https://itunes.apple.com/us/app/weave-meetup-local-business/id788443696?mt=8) https://startupxplore.com/ Sub-Reddits specifically relevant to your topic 3) Think of and research places (online or in real life) where people like who you're looking for would hang out. I know this sounds obvious, but think about not necessarily the exact interest you have in mind, but any usually associated interests that may go along with that interest as well. More specifically, if you're looking for a technical cofounder: 1) If you're specifically looking for engineers, look up local 'hacker' / maker spaces that may exist in your area (see here: https://wiki.hackerspaces.org/List_of_Hacker_Spaces). 2) Look up local universities and email the chairperson of whichever programs relate to the type of cofounder you need (i.e. electrical engineering, marketing, etc.). You could even possibly go there in person and put up a sign on a bulletin board. If you'd like a more specifics let me know, best, Lee
Add1Zero | Former VP, Sales, Gun.io | B2B sales
I almost always turn to Upwork for work like this and I focus on the Philippines. Excellent workforce, good attitudes, and effective results if you screen well. Can't beat the cost, either. Don't expect to get good results from the lowest priced, but I have had superb folks at $15/hour.
Clarity Expert
I was an agent for 20 years in the Entertainment Business and the standard commission that agencies charge their clients is 10% of gross income. There are however, a few modifications, amendments and prenegotiated terms that involve bifurcation of representation and packaging fees. Happy to discuss on a call. best of luck.
consultant on business,startups digital marketing
Hello I am Priyanka. In this I would like to share my personal experience with you. Being profitable goes beyond booking the right bands, picking the right location, and driving a successful marketing campaign. Even if the fest is popular, it won’t matter if you’re losing money by pricing your tickets too low or racking up overhead costs. It all comes down to revenue and expenses: Your biggest revenue boost comes from ticket sales, and the best way to reduce your expenses is through sponsorship. With that in mind, here’s how to ensure your music festival is profitable year after year: Build a solid ticketing strategy. You’ve got eyeballs on your ticketing page, but not all of those visitors are buying tickets. If your conversion rate (the percentage of visitors who buy tickets) is low, you may need a more streamlined ticketing process. It also could be that your ticket prices just seem too high for the bands you’ve lined up or your fest’s reputation. Or consider the opposite scenario: You’re worried you won’t sell enough tickets, so you set them at a price point you think will sell. It works. But you’re not making enough from those sales to turn a profit. “Ticketing is the most important part of the festival from a business standpoint. It has to be right,” says Tom Russell, cofounder of Founders Entertainment. With a value-based ticket pricing strategy, you can find the pricing sweet spot that’s appealing to fans — and good for your bottom line. There are also some sure-fire pricing tactics that will help you make more money. Early sales are a great tool. Our research shows the average music fest has five to six different early-sale tiers, offering an average discount of 10%. A discount like that should be small enough to not compromise revenue — and appealing enough to early bird buyers to give you a nice boost in sales. If you’d like to offer a more limited discount, quantity-based tiers, in which the first X number people to use a certain discount code get a better price, might help drive early sales and cultivate scarcity. You can also send last year’s attendees discount codes that can only be used by new attendees, so they have an excuse to invite more friends — and widen your fan base. On the other end of the ticketing spectrum, premium packages like VIP passes are an easy way to bump up revenue without pricing out lower-spending attendees. Recent research shows some events bring in 25% of their revenue from VIP sales alone. That could mean anything from exclusive areas to drink discounts to backstage passes to free merch. Now that you know these revenue-boosting tricks, how do you go about reducing your expenses? Get sponsors to help you out. More festivals than ever doesn’t just mean more competition for fans; it also means more competition for sponsors. More than a third of event organizers surveyed by Eventbrite said they struggled to stand out to sponsors. Among those who organize fests with less than 5,000 attendees, nearly 2/3 struggled. But securing those sponsorships is critical to putting on a great show without driving up ticket prices. To stand out from the crowd, offer ways for brands to build real relationships with fans. A logo on the stage isn’t enough. Fans need to interact with the products or brand in new ways. From an interactive exhibit or social media photo opp to bioreactive wristbands, there are lots of ideas out there on how to get brands on board with your fest. The most important step in this process, though, is to know who your fans are and what they want. Why? Because you need to be able to sell the brands on your fans. They know who their customers are, and they want to know they’ll be at your show. In addition to demographic info like age, gender, geography, and income, you should be able to provide some idea of your fans’ spending habits, lifestyle, and why they choose to come to your festival. Gather this info through custom questions in your purchase flow, or with surveys before or after the festival. For more tips on selling tickets, cutting costs, and using new data to make your festival efficient and profitable, For further queries you can consult me.
Principle Software Engineer & Architect 20+ years
http://Upwork.com, http://Guru.com or just contact us at http://tateeda.com :-)
Marketing Technology + Digital Marketing Nerd
Not sure about VC, but I know for a fact the private equity firms do this. It's usually in the context of a "standard operating procedure." I worked in two companies owned by a leading tech PE firm, and they had a standardized tech stack (with specific vendors) that we were expected to use. Using anything else needed to be approved. This was actually a good thing, because.. It came with enormous discounts. Be prepared to have an incredible value proposition AND discount like crazy. If you can pull it off, it's a consistent flow of clients without sales acquisition costs.
Marketing Transformation
I'd go through an inicial test phase using programmatic media buying to identify a few insights first. With that, I would probably target the most efficient channels and set up an inbound strategy to capture leads. I would also try Google AdWords, but I can see that being costly. Facebook interest targeting would be something to try, especially if there are user groups related to the specific medical conditions you need to target. To get to a more specific strategy or tactics, I would need to have more concrete information... Hope that helps!
Business Development Executive
The struggle is REAL! MDs used to get paid by Pharma labs to get their attention (real life exemple: $30-80 just to fill a tiny online form). To my experience (consulting & entrepreneurship in healthcare/medtech), I would say that most MDs do not like emails, social media or cold calls. The best way to have their attention is to get recommandation from other professional... Maybe you should try to contact some specialized medical associations or communities (dedicated groups on LinkedIn, experts on Clarity / Quora, etc.) Hope that it helps!
Unique Insights, Creative Solutions
Unfortunately implicit bias is a reality which exists with regards to race, and lots of other things including height, voice, weight, sex, etc. While society is slowly learning and trying to suppress those biases, they will always exist to some extent, because they're derived from some of the fundamental neural mechanisms by which the brain learns (i.e. generalizations and correlations). To get past these biases you have to "get your foot in the door" of people minds, to get to the point where you have the opportunity, and the time to demonstrate to them that their biased feelings about you are incorrect. Here's what I'd recommend: 1) Find people or organizations that are unbiased. There are plenty of people with less, or no bias, and some that may even have a bias that works in your favor. Work your way up in these circles, getting the most prestigious jobs and associations that you can by doing quality work and showing your value. Build a reputation and get personal referrals from them to make it easier to get your foot in the door with more biased people later on if needed. 2) When dealing with biased people, don't walk into situations with the mindset of "I'm a black woman with mental illness", walk into them thinking, "I'm the right person for this and I'm going to prove it". You may have to do more work than others, but realize that that means that you have to be stronger than the average person to get past them. Be proud of the fact that you're getting stronger than others, instead of feeling sorry for yourself about it. 3) Once you have built up that reputation, you could start making your personal characteristics part of your "personal brand". Be openly proud about being a black woman with mental illness that's built a reputation and gained success. Put it on your webpage, write a book, blog, do interviews, etc. Note: I'm a white male, but I have a background in neuroscience and psychology and I've experienced and witnessed bias too. I wouldn't directly compare any of my experiences to yours, but hopefully my suggestions might be helpful, best, Lee
Mergers & Acquisitions
3
Answers
Fractional CTO
Always best to do business design with multiple exits strategies. So one strategy will be to liquidate/sell your company to another person or entity. And... Be sure you design in cash flow from day one. Many businesses are fake. There's no monetization scheme. The company theme song is "Money for Nothing". Design in monetization from day one + you can hold or sell as you please. No pressure to do either.
Fractional CTO
Primary Marketing Rule - Everything revolves around benefits, not features. People pay for benefits. If you write a course about programming using some tech like React or Django or Node... likely your income will be much lower than starting with a benefit. So... A benefit might be.. "How to tool a high traffic Websites to churn cash like a big dog." So this is the benefit, then you "chunk down" from there. First work out how to create a high traffic site, fast + stable under massive load. Then write your course. Hint: If you're going to write a course + likely to live well off your course sales, make sure your title contains one or more of the following keywords... WordPress or SEO Here's how to pick your course title keywords. Ask tech conference producers the titles of the most attended talks. This is how I picked my areas of focus years ago. I asked Shawn Collins (Affiliate Summit) + Brett Tabke (PubCon) what people attended, since each of their conferences have multiple tracks. They both said, given any two talks, whatever talk had WordPress or SEO in the title always "pulled better" (more people in room) than any other talk. Be sure to always start with a benefit + money first, then design your course from there. Hint: You'll get rich from courses about WordPress site design + likely stay poor writing React/Django/Node courses.
Get Advice On Growing Your Real Estate Business
Hello! Aside from the typical website platforms, I would recommend using Twitter's hashtags and user handles. Try following and using the ones that your potential prospect or otherwise ideal partners would be following and start sharing about your work, your progress, and outreach for a potential partner. If possible try to be local when doing so. But obviously, some to use include Startups.co, Basecamp, Inc 500, yesPHX, BetaBulls, MPV, Lean Startup, Lean Methodologies, TechCrunch, etc.
Get Advice On Growing Your Real Estate Business
Hello, my first question to you would be - why podcasts? Did you get on that because they were the easier to get started with or did you have a strategic reason for focusing on podcasts firsts? With that said, your product is not a straight forward promotional material - meaning you can't just take nice photographs of it and give it a catchy phrase and expect it to catch enough interest to get buyers from a magazine print. Podcasts do allow you enough time to talk about your book(s) or expertise but depending on the podcasts promotional outreach and your own for each time you show up in one - there might not be enough traction there. My name is Humberto, I'm a competitive strategist and have been helping entrepreneurs and business owners for the past 10 years or so, while in most recent years we've added not just consultation but the execution of marketing campaigns for www.Unthink.me. My suggestion would be sharing your expertise through your website, having a blog where you share mockup case studies, chapter sections, build it with good SEO, creating videos, etc. that you control and can share on social media. Inbound and Growth Hack Marketing (which is what you need) is a combination some authors have used to get attention to their content and get people to buy. The idea is simple enough but the execution is key.