Startups Startups that win pitch competitions that never seem to make money |
- Startups that win pitch competitions that never seem to make money
- Help with making a product that is very ''geographically attached''
- Is it better to start off with a high price and then lower it, or vice versa?
- Cold emails dilemma
- How to perform a wizard of oz test for AI product in a startup environment?
Startups that win pitch competitions that never seem to make money Posted: 05 May 2021 07:33 AM PDT I know a few startups who are (or have been) absolute beasts at pitch competitions yet some how never make money and end up going defunct. I don't know if it's because they spend more time trying to win pitch competitions than getting customers or if they're just better charlatans than product owners but I swear I see that all the time Anyone else notice this? It makes me avoid pitch competitions [link] [comments] |
Help with making a product that is very ''geographically attached'' Posted: 05 May 2021 08:48 AM PDT Didn't know how else to phrase my title but here I go: I designed a product for bikes. It solves a pain point about durability and ease of replacement for a certain part of the bike. The thing is that it requires people to go to a bike shop and then the bike shop needs to have a specific tool that I also created so that the client gets full benefits from my product. So what I mean by ''geographically attached'' is that if someone buys the product and doesn't live near a supported bikeshop, he doesn't get full benefit... I can't scale blindly until my tool is largely adopted in bikeshop. I intend to be at a very local scale at first and then target specific places to grow. Does anyone lived through this or have example of company that launched a product like that? Some guidance and inspiration could help me or others with a similar problem! [link] [comments] |
Is it better to start off with a high price and then lower it, or vice versa? Posted: 05 May 2021 03:57 AM PDT I'm thinking specifically of online software with a monthly subscription fee. A bit unsure how to price my product, so I thought I would try different price points out and measure the results. But I don't know if it's strategically better to start off low and go high or vice versa. Any thoughts? [link] [comments] |
Posted: 05 May 2021 07:10 AM PDT I just achieved a 60% open rate & 35% CTR on my cold emails. But my unsubscribe rate & spam rate are at the maximum level, any more & my account would be suspended, I am scraping the web for every email I send (don't have sales navigator nor do I have newsletter list). Do you think that I should stop scraping the web? I don't think so, if I was able to get 35% of complete strangers who view my emails to click the link then maybe I have something with this product. Plus, what is the alternative, waiting a year until my newsletter gets to 1000, some of them would unsubscribe anyway & some wouldn't even remember who I was in the first place. [link] [comments] |
How to perform a wizard of oz test for AI product in a startup environment? Posted: 05 May 2021 10:18 AM PDT I'm working for a startup in AI machine vision, using camera detection I need to validate some ideas and I got a suggestion to use mechanical Turk. I know Figma and I have some prototypes in Figma, I heard of Axure but I'm not sure if the best Wizard of Oz uses static front-end react + mechanical Turk. [link] [comments] |
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