Berkonomics

AUGUST 2, 2018

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. Companies that compete on price rarely compete against others who emphasize service or quality. What competition would you face?

Pricing 226

Pricing Competition Examples Class 226

Startup Professionals Musings

JULY 14, 2023

Porter proposed his Five Forces framework for analyzing the competitive environment which I think makes even more sense today. Every existing business, as well as every startup, needs to reassess their product or service in the context of these five forces: Intensity of competitive rivalry. Way back in 1979, Michael E.

Competition 88

Competition Startup Framework Pricing 88

Startup Professionals Musings

SEPTEMBER 19, 2022

Every entrepreneur believes that their product or service is memorable, and that every customer will quickly see the advantage over competitors. Yet true product differentiation in the eye of the customer is rarely achieved. In my view both of these numbers have come down recently.

Competition 123

Competition Customer Custom Examples 123

Startup Professionals Musings

DECEMBER 14, 2019

Don’t bash the competition. Every investor knows how vulnerable a new startup is to competitors, so investors always ask about your sustainable competitive advantage in the marketplace. That says you are competitive today, have a real barrier to entry, and the potential to remain ahead of the competition for a long time.

Competition 120

Competition Patents Resource Invest 120

Startup Professionals Musings

OCTOBER 24, 2020

Porter proposed his Five Forces framework for analyzing the competitive environment which I think makes even more sense today. Every existing business, as well as every startup, needs to reassess their product or service in the context of these five forces: Intensity of competitive rivalry. Way back in 1979, Michael E.

Competition 151

Competition Startup Framework Pricing 151

Startup Professionals Musings

JUNE 2, 2021

In case you hadn’t noticed, the key elements of a competitive advantage for your business have changed as businesses move online, and your domain is instantly global. As a business advisor, I have to recommend even to established companies that they review and revamp their competitive strategy now, even if it appears to be working today.

Competition 142

Competition Software Review Social Media Customer 142

Startup Professionals Musings

MARCH 3, 2023

Most technical entrepreneurs I know demand the discipline of a product specification or plan, and then assume that their great product will drive a great business. Serious investors, on the other hand, look for a professional business plan or summary first, and hardly ever look at the product plan.

Product 112

Product Summary Activity Entrepreneur 112

Both Sides of the Table

NOVEMBER 25, 2014

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. I absolutely loved the film. I loved the music. We revere musicians.

Competition 394

Competition Startup Writing Marketing 394

Berkonomics

APRIL 11, 2019

An entrepreneur pitches using a deck with no slide for competition. We have no competition.”. It is a failed litmus test for the entrepreneur, even if the plan is for a totally new device or service that could take the world by storm. We investors see this all the time. When asked (as we always do,) the response is “This is new.

Competition 120

Competition Slides Research Sales 120

Startup Professionals Musings

DECEMBER 13, 2020

The most memorable businesses, like Starbucks and Apple, no longer sell products, they sell ‘experiences’ with a product at the center. The challenge is to transform and hardwire your entire team to think in these terms, rather than the default focus on distinct towers of product quality, closing the sale, or fixing a complaint.

Customer 168

Customer Custom Services Startup 168

Southern California Edison Blog

DECEMBER 8, 2021

By leveraging managed network services , startups can offload time-consuming maintenance tasks and strengthen their IT infrastructure to increase their competitiveness. . Managed IT infrastructure services can save businesses over $145,000 per 100 users annually and optimize IT staff resources by 42%. were phishing attacks.

Networking 97

Networking Services Startup Resource 97

SoCal Tech Calendar

MAY 30, 2019

Wednesday, June 5, 2019 -- ACG101's 3rd Annual Emerging Growth Pitch Competition and Showcase. On June 5th, we're showcasing a select group of Greater-Los Angeles's finest startups in an event you won't want to miss. Three finalists will then be selected to formally do a 2-minute pitch for the grand prize! See [link] (more)

Competition 100

Competition SoCal Southern California Los Angeles 100

SoCal Tech Calendar

JANUARY 11, 2012

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? Youre reviewing your launch plan and task assignments.

Product 100

Product Services TechEmpower Competition 100

socalTECH

DECEMBER 5, 2018

Goleta-based semiconductor Transphorm , which designs and manufactures gallium nitride (GaN) semiconductors, says its technology has been used in a new product from Inergy. Inergy's products are targeted at the consumers and professional markets, including those in construction, emergency services, and industrial markets.

Product 133

Product Design Competition Marketing 133

Startup Professionals Musings

APRIL 20, 2022

Foster collaboration rather than competition. Relationships are key to happiness and productivity. You can’t build a positive team culture, while taking obvious shortcuts on your solution quality or customer service. Sometimes the last thing you need are people who always say “yes.”

Product 109

Product Training Customer Custom 109

Berkonomics

JANUARY 12, 2023

Management undertakes a simple exercise of calculating the increased profitability of shutting down all R&D, sales and subordinate operations, and universally notes with shock the high net profit that results – from shutting down all operations except customer service to recurring customers (as in software support operations.).

Sales 296

Sales Customer Custom SaaS 296

Startup Professionals Musings

OCTOBER 9, 2020

That means starting your search through contract services sites, rather than conventional career hiring sites. Today you need that budget for market fluxuations, pandemics, and product updates. Thus they feel more fulfilled, more productive, and more in control of their lives. Higher worker engagement and satisfaction.

Competition 168

Competition Startup Demand Training 168

Berkonomics

SEPTEMBER 21, 2023

But there is a balance… [Email readers, continue here…] This is not to bend this insight into a claim that a company should wait to develop new, groundbreaking products and services until a customer asks for them. Next week we will focus upon product quality and its effects upon the organization.

Customer 156

Customer Custom Design Conference 156

Berkonomics

APRIL 19, 2012

Professional investors laugh when they hear an entrepreneur state, “We have no competition.” It is a failed litmus test for the entrepreneur, even if the plan is for a totally new device or service that could take the world by storm. That statement has killed more investment deals than almost any other.

Competition 189

Competition Slides Sales Ideas 189

socalTECH

JANUARY 10, 2013

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. READ MORE>>.

Competition 187

Competition Santa Monica Funding Marketing 187

Startup Professionals Musings

DECEMBER 16, 2019

Every entrepreneur believes that their product or service is memorable, and that every customer will quickly see the advantage over competitors. Yet true product differentiation in the eye of the customer is rarely achieved. In my view both of these numbers have come down recently.

Product 124

Product Customer Custom Examples 124

Startup Professionals Musings

APRIL 29, 2023

The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement. Start with a service you know and love. Don’t let your service be viewed as a commodity.

Startup 111

Startup Training Services Writing 111

Startup Professionals Musings

AUGUST 14, 2014

In their passion and excitement about a new product or service, entrepreneurs tend to continually narrow the scope of potential competitors, and often claim to have no direct competitors. Competition for your new hydrogen fuel auto engine is not limited to other hydrogen auto engine offerings, or even other autos.

Competition 93

Competition Startup Patents Slides 93

socalTECH

MAY 28, 2013

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. Joe Marrapodi: GreenToe is a name your own price marketplace for products. What is Greentoe?

Pricing 273

Pricing Product Help Sales 273

Tech.Co

SEPTEMBER 25, 2015

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.

Competition 123

Competition Mobile Startup Technical Review 123

Startup Professionals Musings

SEPTEMBER 2, 2018

The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement. Start with a service you know and love. Don’t let your service be viewed as a commodity.

Services 72

Services Startup Training Writing 72

TechCrunch LA

MAY 17, 2019

Even as Quibi , the short form video platform from Jeffrey Katzenberg’s WndrCo , reportedly looks to raise another $1 billion , rival service Fiction Riot continues to steadily build out its pipeline of short form serials. The company is reportedly spending $5 million per hour of storytelling for some of its titles.

Services 167

Services Report Netflix Content 167

Startup Professionals Musings

DECEMBER 21, 2013

Startups are usually so focused on selling more of their branded product or service to their own customer base (organic growth) that they don’t consider the more indirect methods (non-organic growth) of increasing revenue and market share. Fresh customer base. New management skills.

Organization 97

Organization Competition Startup Acquisition 97

Southern California Edison Blog

MARCH 2, 2021

Optical wavelength networks provide organizations with several capabilities that enable them to promote workplace productivity and stay competitive. Popular optical networks include dark fiber and wavelength services , often used in industries including Education , Government , and Enterprise. With SCE, businesses receive: .

Services 52

Services Networking Southern California Organization 52

Startup Professionals Musings

AUGUST 3, 2020

The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement. Start with a service you know and love. Don’t let your service be viewed as a commodity.

Startup 174

Startup Training Services Writing 174

Startup Professionals Musings

FEBRUARY 14, 2021

In their passion and excitement about a new product or service, entrepreneurs tend to continually narrow the scope of potential competitors, and often claim to have no direct competitors. Competition for your new hydrogen fuel auto engine is not limited to other hydrogen auto engine offerings, or even other autos.

Competition 166

Competition Funding Startup Patents 166

Startup Professionals Musings

MARCH 4, 2019

Is your marketing focus product-centric or customer-centric ? If you only sell products, it’s time to realize that times have changed. With a wealth of products now available, customers look for the most memorable experience , not just the best product. Omitting lifetime value beyond dollars and cents.

Customer 85

Customer Custom Product Metrics 85

Berkonomics

MARCH 10, 2022

But don’t close your eyes to the fact that your customers have grown to expect your products or services in the form of…. For those producing physical products (atoms, not bits), Amazon and a few others have set the bar of expectation that already includes one–hour delivery at a cost and for certain items in many urban areas.

Customer 156

Customer Custom Demand Blogging 156

Southern California Edison Blog

JANUARY 28, 2021

Optical wavelength networks provide organizations with several capabilities that enable them to promote workplace productivity and stay competitive. Popular optical networks include dark fiber and wavelength services , often used in industries including Education , Government , and Enterprise.

Services 54

Services Organization Southern California Networking 54

TechCrunch LA

SEPTEMBER 5, 2018

“I was the guy in the restaurant to pitch whenever there was a service or product,” Canter says. All of these different ordering services began to pop up and each one added more customers and incremental revenue, but each one brought challenges into our staff.” “All of a sudden online ordering started up.

Services 165

Services Los Angeles Startup Capital 165

Berkonomics

JULY 19, 2018

Dell’s response would be something like “Quality custom computers more quickly than the competition.” And in this company example, both quality and speed are the critical factors in competitive advantage. Its reputation is based upon fast food in a minute, with quality that is acceptable but not discernibly above the competition.

Competition 226

Competition Examples Customer Custom 226

TechCrunch LA

APRIL 26, 2022

that puts its 15-minute grocery delivery service in more than 14,000 Circle K convenience stores and Couche-Tard locations. At the time, the company raised $2 million, and Alexandrov said about the perceived competition, “The level of competition in this market in the U.S.

Funding 246

Funding Demand Los Angeles Competition 246