Here’s how NOT to define your competition

Berkonomics

An entrepreneur pitches using a deck with no slide for competition. We have no competition.”. Email readers, continue here…] Doing nothing is the main competitor for most products and services, whether a compelling new idea or a seasoned product long proven to be effective.

Can you defend your pricing niche against your competition?

Berkonomics

There can be nothing more important in your business planning that selecting the proper pricing niche, making your story clear using that niche, and the defending your position against the competition. Assume that you are not an Internet retailer with many competing products to sell.

Seed Stage Startup Pitch Competition

SoCal Tech Calendar

Tuesday, February 19, 2019 -- Seed Stage Startup Pitch Competition. startups and entrepreneurs pitch on stage for product, business model, and investing feedback, and one winner will take home a valuable prize package. Startup Coil. See [link] (more

Why I Look for Obsessive and Competitive Founders

Both Sides of the Table

He wants to compete to be the lead drummer in the competitive ensemble and study under Terence, an obsessive instructor who is hell bent on winning competitions for the school. But the film has my brain buzzing all week about obsessive and competitive people. Obsession.

Competition Is A Lie – Tracy DiNunzio Explains Why

InfoChachkie

Tracy DiNunzio, Founder and CEO of Tradesy , recently shared her insights regarding the best approach for entrepreneurs to address competition. competition''s a really interesting thing. Competition Is A Lie. A version of this article previously appeared on Forbes.

Your Product Needs to be 10x Better than the Competition to Win. Here’s Why:

Both Sides of the Table

He wanted to build direct customer relationships to get product feedback but only 2% of customers would ever return their registration cards. He thought, “This way any product you launch you can talk instantly with and get feedback from customers.&#

VIMBY Powers Walmart's Entrepreneurship Competition

socalTECH

VIMBY , the Los Angeles-based, online production studio created by Mark Burnett, is powering a new entrepreneurship competition from Walmart, the Get On The Shelf crowdsourcing competition. According to Walmart, via its Silicon Valley-based @WalmartLabs unit, it is running the contest to let entrepreneurs get their products noticed and sold on its website and potentially, the Walmart store chain.

Meet Our Startup of the Year Competition Semifinalists: Picking Duck

Tech.Co

Among the participants that applied for the online competitions, only a progressed into the semi-finals. There’s a lot of work that goes into selling the product to users who are already doing something a certain way. Tech.Co: What was the road like leading up to your initial pitch for the competition? Manubay: Leading up to the initial, local pitch competition we were pitching to family and friends for practice and for possible investment opportunity.

Be careful how you define your competition.

Berkonomics

Professional investors laugh when they hear an entrepreneur state, “We have no competition.” Doing nothing is the main competitor for most products and services, whether a compelling new idea or a seasoned product long proven to be effective. It could be that a larger competitor has met with its customers, promising to extend its product line into this very niche. That statement has killed more investment deals than almost any other.

Meet Our Startup of the Year Competition Semifinalists: Mobile Therapy

Tech.Co

From apps to hardware, to KickStarter successes and international startups, we’re inching closer to finding out who will take home the title of Startup of the Year competition at our annual Celebrate Conference in October. Among the dozens of participants that applied for the online competitions, only a few progressed into the semifinals. Co: What was the road like leading up to your initial pitch for the competition?

The Best Entrepreneurs Are Hyper Competitive & Hate Losing

Both Sides of the Table

Mark Zuckerberg seems to be me to be one of the most talented young technology professionals of his generation and seems to have an amazing vision for technology and product. Competitiveness - One attribute that I believe most VCs look for in entrepreneurs is competitiveness.

Should I license my IP, sell a royalty stream, or just produce products?

Berkonomics

They will be more willing to pay a royalty fee if your product gets them to market earlier or is protected by patent to create a barrier to their competition. If a continuing fee, the license could be based upon units of the product incorporating your IP.

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Should I license my IP, sell a royalty stream, or just produce products?

Berkonomics

They will be more willing to pay a royalty fee if your product gets them to market earlier or is protected by patent to create a barrier to their competition. If a continuing fee, the license could be based upon units of the product incorporating your IP.

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Competition Gets Fierce For ParkMe, As Streetline Finds Funding

socalTECH

It looks like competition is heating up in the smart parking market--and for local parking technology firm Parkme , which is based in Santa Monica--as yet another company announced Thursday more funding for giving consumers real-time information about available parking spaces.

HipTraveler | Taking Startup Competitions by Storm

Tech Zulu Event

In order to support all of these teams, there are several on-campus startup competitions every year, from the Silicon Beach USC competition to the New Venture Seed Competition, with prize funds to help build the companies.

Helping Consumers Name Their Own Price For Products, With Greentoe

socalTECH

To bring that ability to name your own price on products, Los Angeles-based Greentoe (www.greentoe.com) recently launched, allowing consumers to name their own price to retailers of everything from electronics to baby products. However, rather than travel services, it''s for products.

OpenX Launches New Product

socalTECH

Los Angeles-based online advertising technology developer OpenX Technologies said this morning that it has launched a new product, the OpenX SSP (Supply Side Platform). According to OpenX, the new product combines real-time-bidding (RTB) and ad network demand into a single auction system, which can help publishers maximize their advertising yield and increasing competition for their inventory.

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Transphorm's Semiconductors Powering New Solar Power Generator Product

socalTECH

Goleta-based semiconductor Transphorm , which designs and manufactures gallium nitride (GaN) semiconductors, says its technology has been used in a new product from Inergy. The new solar generator provides up to 2kW of 110 or 120V output which it says is more powerful and lighter than competitive products, and in particular runs much cooler that it does not require an internal cooling fan.

Startup Pricing: Are You Selling A Giffen Product?

InfoChachkie

A recurring entrepreneurial challenge is to determine the optimal price of a new product, especially absent a directly competitive alternative. Yet, the value of your solution will vary by customer, based on the utility each derives from your product.

Using Technology to Realize a Competitive Advantage

Tech Zulu Event

Computers and the Internet have now brought in a new era that relies on data to make profitable business decisions in the competitive environment. Below is a full explanation of how small businesses can leverage technology to earn a competitive advantage in the marketplace.

Newegg Focuses On Smart Home Products In September

socalTECH

Los Angeles-based online electronics retailer Newegg says it is launching a new promotion it calls "Smart September", with a new focus on smart home products. According to Newegg, its inaugural Smart September will include special deals on smart home technology, social competitions to win smart home products, special editorial features on smart home products, social media promotions, and more.

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Productivity Hacks: Voicemail, Folders & To-Do’s

Both Sides of the Table

I recently wrote a post about avoiding the “ Deferred Life Plan &# and some related thoughts about personal productivity that came from Tim Ferriss’s book, The Four Hour Workweek. I would love to say that I’m the productivity guru.

XPRIZE Backs Forest Health Effort

socalTECH

Los Angeles-based XPRIZE , the nonprofit which runs competitions to encourage the development of new technology to solve some of the world's problems, has put its efforts behind forest health, saying it has put together an outline of potential breakthroughs required for healthier forest ecosystems. The company said its "Future of Forests Impact Roadmap" is being sponsored by Kimberly-Clark Corporation, and might be the basis of future XPRIZE competitions.

PatientPop Launches New Comparison Tool For Healthcare Providers

socalTECH

Santa Monica-based PatientPop , which develops healthcare practice management software, has rolled out a new product, aimed at helping independent healthcare providers compare themselves to other local competitors. According to PatientPop, its new tool--the PatientPop Competitive Scanner --helps businesses compare their business growth to the top three competitors in their local market. patientpop business comparison competition healthcare health practice management

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A.I. Chip Race Redraws Competitive Map Among Tech Firms, Chipmakers

Xconomy

It’s been a long time since tech’s biggest companies could be sorted into discrete buckets according to the products they pioneered—-Google, the search software giant; Apple, the computer and mobile device innovator; e-commerce leader Amazon; business software stalwart Microsoft; and social media engine Facebook.

Orange County Product Managers

SoCal Tech Calendar

Join us in this engaging panel-led discussion about the companies, people and products that have made themselves different, better and more profitable than their competition. Wednesday, March 30, 2011 -- "Profitability by Customer Experience: Lessons about Different and Better from the Best" Dr. Joely Gardner, Jeofrey Bean and Sean Van Tyne will make their OCPM debut this month at JT Schmid's in Tustin.

5 Financial Strategies that will always beat your Competition

SoCal Tech Calendar

Tuesday, May 25, 2010 -- TechAmerica Century City Greater LA Finance Network Group Presents: 5 Financial Strategies that will always beat your Competition. 5 5 Financial Strategies that will always beat your competition: 1. Invest in CPI 3.Improved productivity results 4. If it costs 7 times more to find new clients than to keep existing ones 2. Have provable and quantifiable customer benefits 5. Be where your customers are and optimize their experience. See [link].

Medical Device Trends – Robotics & Accelerated Product Development [ LOS ANGELES ]

Tech.Co

Explore how the Bay Area continues to innovate and respond to global competition in the following areas: Discover the latest robotic trends in medical devices. Accelerate new product development with lean and compliant approaches. The SME’s Sillicon Valley chapter is pleased to announce the 10th Annual SME SV Conference held in conjuction with the Design 2 Part Show.

Build a Product-Driven Company

Frank Addante

If you want to manage a hyper-growth company, start with a great product. The best product wins. With a great product comes great customers, and with customers comes revenue and profit, which in turn can be used to build more great products.

Managing Your Product/Service Lifecycle

SoCal Tech Calendar

Tuesday, January 17, 2012 -- Managing Your Product/Service Lifecycle. Your product is just about to go out the door. But how do you ensure that your product or service is what the customer really wants, needs and will pay for? How do you plan a roadmap to stay ahead of the competition while evaluating the myriad of new opportunities? Access OC. Youre reviewing your launch plan and task assignments.

HyperX Lands Basketball Star Gordon Hayward In Endorsement Deal

SoCal Tech Calendar

HyperX is a developer of high speed memory, SSDs, flash drives, and other products, and is the division of Kingston Technology specifically focused on gamers. gordon hayward hyperx videogame esports endorsement basketball athlete competition competitive gaming

Strategic Marketing of Technology Products

SoCal Tech Calendar

Tuesday, June 9, 2009 -- Strategic Marketing of Technology Products. Bring better market insight, marketing process, and marketing effectiveness to competitive strategy in your technology-driven business. See [link] (more

DreamJobbing Launches To Find Users Dream Jobs

socalTECH

Hennessy, Roberts, and Boylan have worked on such productions as The Biggest Loser, Eco-Challenge, Around The World For Free, Rach to the Rescue, and many others. shoes toms employment competition hollywood content video production television dream dreamjobbing Wish you could be a VH1 reporter, television producer, or other dream jobs?

Taking Technology Products to Market

SoCal Tech Calendar

Thursday, February 12, 2009 -- Caltech Executive Education: Taking Technology Products to Market. Stand out in your competitive marketplace. Attend this 2 day course to learn how to provide customers with crystal-clear product positioning, meaningful branding, and carefully timed launch strategies. See [link] (more

Chick Launcher Names Finalists

socalTECH

Chick Launcher , the local effort to help bolster women led startups, has named the five finalists for its Fast Pitch Competition, the group said this week. Double Helix is working on 3D instrumentation; HopSkipDrive a ridesharing service for kids; I Heart Savvy is a wedding vendor marketplace; PodShare is developing co-living spaces; and Repurpose is developing eco friendly products. chicklauncher women startups competition fast pitch