Berkonomics

MARCH 25, 2021

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. The post Switching costs: A competitive advantage?

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Competition Custom Customer Email 156

socalTECH

OCTOBER 10, 2014

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. The entrants to the competition had to have a woman co-founder, president or CEO, or be majority owned by women, but can be in any industry. READ MORE>>.

Competition 261

Competition Southern California Startup Activity 261

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 Custom 142

Startup Professionals Musings

DECEMBER 13, 2020

For new entrepreneurs and startups, I recommend an initial focus on these six steps from the very beginning to set the right culture and save the tremendous cost of a transformation and risky competitive catch-up later: Start with an overriding top-down focus on customer experience. Set the expectation for continuous improvement.

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Customer Custom Services Startup 168

Berkonomics

JULY 6, 2017

Know your market and competition, or don’t spend a dime on anything else. Merely adapting the switches to new digital phones would not work, since guests no longer needed the service itself, being instantly self-sufficient. In this case, the competition was not from a company but a new technology. There is no competition.”

Competition 266

Competition Research Summary Pricing 266

Both Sides of the Table

NOVEMBER 22, 2014

They were a little too fierce in their competitive practices against Lyft to sign up drivers. As somebody who has to rub shoulders with big tech companies often I can tell you that there is much blood spilled in the competitive trenches of Apple, Twitter, Facebook, Google and so on. Hardly “evil.” Changes to algorithms.

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Press Journal Startup Training 418

Both Sides of the Table

SEPTEMBER 19, 2013

We expect much more of this supply chain innovation to knock out inefficiencies in consumer storage, dry-cleaning and other services where you consumers need to have physical pick-up and drop-offs that are time consuming and unnecessary. to offer same-day delivery service for consumers to all GGP retailers nationwide.

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Startup Competition Examples Invest 331

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.

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Competition Examples Custom Customer 226

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. Differentiation is still a key requirement for a successful startup rollout, and but it must be sustainable to keep ahead of new competition.

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Competition Custom Customer Examples 123

Startup Professionals Musings

OCTOBER 9, 2020

That means starting your search through contract services sites, rather than conventional career hiring sites. Of course, as you work with contract players, explore the potential for a long-term relationship, and wait until your organization matures to pursue career positions.

Competition 168

Competition Startup Demand Training 168

Berkonomics

DECEMBER 19, 2024

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. ” The post A lesson: How NOT to define your competition!

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Competition Slides Sales Research 156

Startup Professionals Musings

MAY 26, 2023

Every one of you business owners I know periodically introduces new products and services to sustain growth, fight off competitors, or take advantage of new technologies. Also fears can be mitigated by warranties provided, complementary service options, or money back guarantees. New solution highlights additional functional needs.

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Product Services Technical Review Artificial Inteligence 141

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

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.

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Services Report Netflix Content 167

Both Sides of the Table

OCTOBER 3, 2013

and there was certainly less competition from everybody pitching local merchant solutions. We spent a year (2012-2013) building a merchant acquisition machine and all of the systems to support bookings, calendar integrations, location services, etc. That is what we set out to solve at MyTime. I’d love to get some feedback.

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Development Team Review Course Mobile Writing 324

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.).

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Sales Custom Customer SaaS 296

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

Both Sides of the Table

JANUARY 12, 2014

It’s building a product that is substantially differentiated, and, as Bill Gross, one of the most prolific tech entrepreneurs of our era says, “ It needs to be 10x better than the competition ” (because if you shoot for that then in competitive markets you might achieve 3x. But many people benefitted. But it works.

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Marketing Startup SEM SEO 379

Berkonomics

NOVEMBER 19, 2020

And the most logical one seemed to be “eyeballs” or number of unique monthly users finding their way to the site or registering for the service. per registered user of ICQ, the early messaging service. And yet, users rave about the service, and spend long durations of time on the site. Remembering the insanity before 2000.

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Metrics Sites Advertising Web 296

Both Sides of the Table

FEBRUARY 7, 2013

He had an idea for a startup that would help consumers better book service jobs and would take on Service Magic, which he believed had a business model that could be disrupted. In the same year they won Business Insider’s Startup competition. .” So Ethan went to work as a product manager at Google Video. Nice sweep!

CTO Coach 359

CTO Coach Google CTO Hire Yammer 359

Startup Professionals Musings

MAY 9, 2022

Outbehave Your Competition to Create Customers for Life ,” offers eight key principles for defining and managing the experience to keep it consistent and profitable: Keep every employee on stage, delivering an experience. They have to out-behave and outperform your competition. Gregg Lederman, in his classic book, “ ENGAGED!:

Customer 123

Customer Custom Services Training 123

Berkonomics

NOVEMBER 9, 2017

Simply, it’s offering a specific product or service to a specific group of people. You’ll have less competition. Think about your product or service. Whether it be for publications, social marketing, or even those once-necessary postal mailers, we have tools now that were not available just a few years ago. This is easy.

Marketing 266

Marketing Advertising Resource Social Media 266

TechCrunch LA

SEPTEMBER 30, 2019

The company used its overdraft protection service and money management display to shift customers’ focus away from the total balance that their account would show by giving them a sense of how much was actually left in their accounts once debits were included in their statements.

Companies 262

Companies Company Startup Tips 262

Berkonomics

JULY 27, 2017

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. All companies whether service or product-oriented must fight to gain and maintain quality of product, or fall to the bottom of the competitive heap.

Customer 243

Customer Custom Design Conference 243

Startup Professionals Musings

AUGUST 3, 2020

If your forte is a service, like consulting or web site design, it’s harder to find guidance on what will get you funded, and how you can scale your business. With services, scaling the business often implies cloning yourself, since you are the intellectual property and the competitive advantage. Capture your “secret sauce.”

Startup 174

Startup Training Services Writing 174

TechCrunch LA

MARCH 3, 2020

If it’s fully implemented, the new Urban Air Mobility system could enable air transit for things like package delivery, taxi services, expanded air medical services, and cargo delivery to underserved or rural communities, the Agency said in a statement. There are preliminary technological tests that will take place this year. “We

Santa Monica 250

Santa Monica Companies Company Mobile 250

Both Sides of the Table

SEPTEMBER 1, 2016

to “How can we hire more staff to keep up with the services they offer?” In short, the VC industry is very sharp-elbowed amongst some very competitive people who are used to winning and most deals don’t have enough space to share investment rounds so people were naturally pretty quick to judge A16Z. Do they win competitive deals?

Venture Capital 264

Venture Capital Invest Funding Competition 264

Berkonomics

DECEMBER 29, 2016

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.).

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.Net Sales Custom Customer 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.

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Funding Demand Los Angeles Competition 246

Startup Professionals Musings

JANUARY 8, 2021

Most leaders agree that poor customer service is a business killer today, in terms of lost customers, reduced profits, and low morale. Young entrepreneurs and startups, in particular, often remain naively unfocused, despite their passion, of what it takes to provide the high-quality service expected. Train and coach continuously.

Startup 154

Startup Training Custom Customer 154

Both Sides of the Table

AUGUST 11, 2021

This is accomplished through aggregated, anonymized competitive benchmarking, market-level performance data across the major social and ad platforms, and curated news and conversation from industry leaders.

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Product Platform Advertising Acquisition 424

Both Sides of the Table

MAY 1, 2014

The second is that the retailers were constrained by their high costs of local real estate and service staff relative to the costs of centralized warehouses where goods could be stacked high, sorted by robots, managed by RFIDs and then shipped via overnight to eager, cost-conscious customers across the US. .” 10x the experience.

Technical Review 380

Technical Review Software Review CTO Hire Startup 380

Both Sides of the Table

JUNE 29, 2014

The costs to start are much lower than ever (90% reduction in infrastructure costs to start a company through open source & web services) and large companies being created in many geographies. Of course the concentration of capital in growth firms and the intense competition to fund the best deals leads to some risks.

Venture Capital 362

Venture Capital Capital Startup Writing 362

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

TechCrunch LA

NOVEMBER 24, 2020

million in new financing, HMBradley is making moves as the Los Angeles-based entrant into the challenger bank competition. LA is home to a growing community of financial services startups and HMBradley is quickly taking its place among the leaders with a novel twist on the banking business. With $90 million in deposits and $18.25

Los Angeles 237

Los Angeles Venture Capital Capital Custom 237

Berkonomics

AUGUST 31, 2023

Know your market and competition, or don’t spend a dime on anything else. Merely adapting the switches to new digital phones would not work, since guests no longer needed the service itself, being instantly self-sufficient. In this case, the competition was not from a company but from a new technology.

Competition 156

Competition Research Summary Pricing 156

TechCrunch LA

FEBRUARY 3, 2021

And while the grocery delivery market has become increasingly competitive, Hall argued that Good Eggs stands out thanks to the quality and breadth of its products — 70% of its products are locally sourced, and it often delivers them within 48 hours of harvesting. Image Credits: Good Eggs.

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Southern California Orange County San Diego Commerce 318