Remove 2021 Remove Metrics Remove Sales
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8 Keys To Being A First Responder To Market Changes

Startup Professionals Musings

When sales fall off, you need to dig deep for the “why,” rather than just assuming the price needs to go down. Establish and evaluate metrics at multiple levels. In addition to total sales, you need to look at categories and trends at lower levels. Marty Zwilling First published on Inc.com on 07/15/2021.

Marketing 162
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8 Ways To Ensure Customer Interactions Are Memorable

Startup Professionals Musings

For example, I commonly see metrics to keep track of revenue per employee, overtime, and absenteeism, but I don’t often see measures of overall customer satisfaction with individual employees. Incentives should be a combination of metrics and recognition to highlight results. Marty Zwilling First published on Inc.com on 06/09/2021.

Custom 147
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7 Keys To Scaling Your Startup To Be The Next Unicorn

Startup Professionals Musings

Switch your focus from product development to sales. Explosive growth to an enterprise normally requires a scalable sales model, a well-documented process with incentives, training, and metrics for tracking and management. Isolate marketing from sales for maximum customer focus.

Startup 151
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5 Keys To An Unbeatable Solution For Your New Startup

Startup Professionals Musings

You may be a product expert, but have little experience with running a business, or marketing, or sales. In the startup world, even the best-laid plans are probably wrong, so there is a need to be able to launch fast, have metrics in place to measure progress, learn from real customer feedback, and pivot as required.

Startup 162
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7 Practices To Enhance Accountability In Your Startup

Startup Professionals Musings

Make sure that metrics and goals are set up front, and not modified as the project progresses. Unfortunately, I often see goal misalignments with teams, such as marketing measured on sales volume, or sales measured on customer retention. Marty Zwilling First published on Inc.com on 10/27/2021.

Startup 132
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7 Ways To Balance Your Heart And Logic With Investors

Startup Professionals Musings

To keep you on a positive track with potential investors, I recommend the following logic principles, to balance your passion in presenting your vision of a new business: Make sure your plan includes some business metrics. Equity investors realize that they won’t see any real return until an exit occurs, such as a sale, merger, or IPO.

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7 Short-Term Business Mistakes Can Limit Your Impact

Startup Professionals Musings

Obsessive sales – must meet revenue goals. Hypermetricemia – metrics for everything. My advice is to focus on a handful of high-level metrics that matter , and are simple and relevant to organizational objectives. Marty Zwilling First published on Inc.com on 09/28/2021. Make sure your vision is clear and communicated.

Metrics 133