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Product Market Fit - What, When and How

Finding out if your startup has product-market fit — that is, if you have validated that there’s a market for your product and people will pay money for it — sounds like something you have to do later in the process, when your business is already well on its way. But finding out whether your startup has PMF is important because it means you can justify investing resources during the next stage of growth.

How to create a landing page for recruitment for free

A decline in organic reach on social media platforms

On the surface, social media might seem like a huge opportunity for brands. But growing numbers of consumers are following companies with a critical eye, seeing through the latest marketing strategy. Social media users are seeing your posts, but the content that audiences see organically on social media platforms is largely governed by algorithms. Social media networks want you to pay to play. Therefore, organic reach has declined.

Comparing the new market entry strategies: Uber vs Netflix.

Uber and Netflix are both successful new market entrants in their respective industry space.

Customer Acquisition and Customer Retention: which one is more important

Before you sign up for a new business, you should ask yourself whether it is more important to find new customers or retain old customers. The more customers you have, the higher your return will be to the initial investment in the business. The average lifetime value of a customer is about 6 times higher for those who use their services once than those who use their services regularly. Therefore, losing a customer through lack of loyalty is much more expensive than gaining a new one by your brand advertising efforts.

Buying products online- What do the customers look for?

Another thing that makes the Web a popular choice among shoppers is the freedom to get their orders right away. Going through the process of buying something and waiting for it to arrive at their doorsteps can be extremely frustrating, especially if you are in a rush. This is why online shopping has become so much more prominent within our society. With online shopping, customers can browse products without having to find the time to physically search for them, or even look up the product from physical stores in real time.

10 reasons of over spending cost which the most of businesses are doing

Reasons Businesses Overspend

In today's business environment, it's easy to overspend. Here are 10 reasons why companies do overspend and how you can avoid them.

Examining the Effects of Product Descriptions, Reviews, and Ratings on Purchase Decision

Understanding the consumer buying decision process means that businesses understand the stages customers go through to be able to come to a final decision whether to buy a product or not. This means that businesses should focus on creating products and services that meet the specific needs of each stage of the buying process, as any one stage can affect how likely a customer will remain/return as a customer. Customer Psychology is the study of how people make decisions, the reasons they buy and why they buy what they do. By understanding the psychology behind your customer, you can help your business develop more effective sales strategies and marketing campaigns, as well as build a deeper understanding of their journey within your business.

Impact of leads generated from different social media platforms

Social media has continued to grow and evolve from being an optional channel for brands to often being the cornerstone of their social media marketing strategy. With this evolution there are more tools to help marketers in their process and a new wave of technological advances has also set in motion. Social media is a powerful marketing tool, and it provides you the opportunity to create and reach out to many more customers than you would be able to with your traditional methods. By creating a presence on social media, you are able to influence others in ways that will ultimately lead them to buy from your brand. Social media can be an effective way to find potential customers and lead generation if you use their power for what it’s meant to be used for. Although social media is primarily a communication tool, there are several ways it can be used as an aid in lead generation. For example, looking at your brand audience on social media networks will help you determine who might consider your product or service. You can also use these same channels to target certain customers based on their location and interests, creating opportunities to reach them personally while they are online.