TechCrunch LA
APRIL 21, 2020
The automaker Tuesday said its Maven car-sharing service, which launched in 2016, will shut down for good. The company sent an email to customers Tuesday that after examining the business, the car-sharing industry and COVID-19, it decided to shutter the service permanently. “Our GM’s experiment with car sharing is over.
Startup Professionals Musings
JUNE 17, 2016
For too many small businesses, customer service is still seen as a “burden.” Entrepreneurs don’t realize that this burden is actually costing them over $200 billion in repeat sales, according to a recent study by the W. These days, relationships and online reviews are key drivers for over 80 percent of new customers.
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Startup Professionals Musings
MARCH 25, 2016
That’s the right place to start, but real growth and scale requires attracting customers who are not like you. For example, Starbucks found initial success with professionals aged 25 to 40 in urban areas and with moderately high income but later looked to a new market of millennials who wanted a place to sit and chat, study or work.
Tech Zulu Event
DECEMBER 31, 2015
We can’t give you a recipe for success, but here are 10 ways to lower your startup’s expenses and free up capital in 2016. In fact, according to a MoneyRates.com study, online banks offer interest rates nearly six times higher than traditional banks. The post 10 Ways Startups Can Reduce Expenses in 2016 appeared first on TechZulu.
Startup Professionals Musings
NOVEMBER 18, 2016
When entrepreneurs introduce new products to the market, their passion and conviction often leads them to assume that every potential customer will see the immediate need and value, and will quickly adopt the solution. The more revolutionary the solution, the more important it is to educate customers on a solution’s existence and value.
Startup Professionals Musings
AUGUST 5, 2016
Camillus, who has studied this challenge for years at Harvard and with several Fortune 500 companies. Relate emphatically to the customer. Advances in technology don’t always translate directly to customer problems. Yet business success requires solutions which satisfy customer needs.
socalTECH
NOVEMBER 6, 2020
In 2016, that represented a couple of unique concepts. As we studied that Gen 1 and Gen 2 of the company, a few things popped out at us. There are lots of transaction costs which occur both on acquisition of customers and on returns, and those costs are real, and must be considered in how we price the products. READ MORE>>.
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