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Switching costs: A competitive advantage?

Berkonomics

Know the cost to move from your existing platform and estimate the switching costs for moving from a competitor’s product or service to yours. Increase the barriers to your customer’s switching, not just with excellent service, but with some form of personal touch. So, email was out. A personal story to illustrate the point.

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Niche marketing works. Here’s how.

Berkonomics

Simply, it’s offering a specific product or service to a specific group of people. Email readers, continue here…]. You’ll have less competition. Think about your product or service. Here’s a quick nod to the folks at Colour Graphics for urging me to write this insight. What Is niche marketing? This is easy.

Marketing 266
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Reduce five risks: Increase your valuation

Berkonomics

Is the product or service possible to produce at all, let alone economically enough to. One way to mitigate this is by using early money to create a prototype, to perform market research, to complete the first generation of the product, or to deliver the service to a satisfied customer. And fifth: Competitive risk. .

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9 Innovative Startups To Watch For in 2024

Tech.Co

Sign up to Tech.co's weekly newsletter today Please fill in your name Please fill in your email Subscribe By signing up to receive our newsletter, you agree to our Privacy Policy. Writesonic Writesonic is an AI writing tool designed to help writers overcome writers block and level up their skills. You can unsubscribe at any time.

Startup 213
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Can you overcome five risks and create wealth?

Berkonomics

Is the product or service possible to produce at all, let alone economically enough to compete in the marketplace? One way to mitigate this is by using early money to create a prototype, to perform market research, to complete the first generation of the product, or to deliver the service to a satisfied customer. Second: Market risk.

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5 Ways Writing a Book Will Kick-Start Business Growth

Startup Professionals Musings

What every entrepreneur needs more than anything else, after they have built an innovative new product or service, is visibility, credibility, and trust by customers, potential employees, and future business partners. Successful businesses require the best people to deliver your vision and services one step better than the competition.

Writing 19
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8 Tips To Get the Most Out of Your Investors and Board

Both Sides of the Table

In this period (less than 2 years) he has brought on incredibly talented senior execs is sales, marketing, product management, client services, finance, vp engineering and more. Email updates frequently. Key point – if your emails are as long as my blog posts you’re forked. Make your emails actionable.

Tips 365