article thumbnail

Hacking Hacker News – How Wily Startups Leverage Social News Sites

InfoChachkie

I reached out to Michael after their surprising day at the top of Hacker News during early September. The innocuous post, which was simply titled " Divshot " generated over 110 comments and was awarded nearly 200 points by Hacker News' notoriously jaded readers. According to Michael, the Hacker News exposure was completely unplanned.

News 198
article thumbnail

Three questions to answer about your COVID response

Berkonomics

But that good news will not help you if you run out of money during the time it takes for these to happen. Do you still need marketing costs when there is no-one out there buying new product? Are you salespeople making few if any sales because your prospective customers are distracted by their own problems?

Layoffs 218
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Amazon Has Acquired Ecommerce Startup Veeqo

Tech.Co

From Whole Foods to MGM Studios, the ecommerce behemoth has been snatching up as many verticals as possible to make itself even more competitive in as many industries as possible. Amazon already represents 40% of the US ecommerce sales , so there's only so much further they can establish themselves in the industry.

Startup 128
article thumbnail

8 Creative Pricing Strategies Most Startups Overlook

Startup Professionals Musings

If your innovation is real, it brings added value to the table, so most customers, especially early ones, are willing to pay a premium over competitive products. Later, when that innovation becomes the new norm, you must be prepared to lower your price to meet new competitors. Offering a lower price to penetrate the market.

Pricing 145
article thumbnail

Most of your big problems start as small problems.

Berkonomics

If you are the head of sales and the pipeline is emptying or sales have slowed for any sustained period, the red flag must be raised, even if the focus is on you as a result and not upon the problem when the news is first delivered. Neither are good recipes for CEO survival. Bad things happen to good people.

News 120
article thumbnail

Planning Your Fund Raising — “Measure Twice, Cut Once”

Both Sides of the Table

The next pass is the “competitive pass”?—?have The good news is that they can clearly get deals done! The bad news is that they probably aren’t dying to do too many more. New partner. The good news is that new partners are dying to do deals since they don’t have board seats and are keen to get experience.

Funding 215
article thumbnail

8 Ways The Stakes Are Higher On Customer Expectations

Startup Professionals Musings

With every business being global in scope and always-on, a phone-in service available in a local time zone during work hours only, is not competitive. In the past, most companies treated customers like yesterday’s news – once they have the sale, the effort decreased. Great customer service is the new key to loyalty.

Customer 171