This is exceptional ?case ,
Ads means getting 10x ROI ..not 100x loss
if you don’t have paying customers along with ground team to service them..it will not work irrespective how much you spend on digital.
How does one preemptively figure out these situations ?
Ankur Vaid by investing in frugal entrepreneurs
Their pitch was well crafted . Their IQ was very high . But, still shut down!!
An entrepreneur should be frugal with money. If an entrepreneur doesn’t know how to respect money then certainly he/she will fail at some point.
Entrepreneurship is not about making money or profits(that’s the business part of Entrepreneurship), it is about adding value to the lives of the people of this world.
Creating a brand is not an overnight thing. Its important to invest in branding & marketing, however, one should know when to stop.
Whatever the future is but word of mouth is the best branding and one should focus on it. At some point in time value will be generated.
Just to share about Elon Musk. Apparently he invested $6 per car on marketing. He is using social media & other platforms beautifully.
It should always be a Customer First approach. Stopping/Minimizing ads and delivering 350 orders should have been the priority.
Like the #Juicero 😛 that FAIL was funny … but again, kudos to the smart Entrepreneurs who were able to raise money from ‘smart’ investors ???
start with Microcap investing in markets … soon you will know the reasons 🙂
This is why it is frustrating for the others who are stuck without funding for a perfectly good, but unglamorous idea.
Foolish ventures get funded and burn it all.
Defies logic.
What a stupid way of working! No wonder potential customers do not trust startups, wondering if they will stay to deliver and stay to support after delivery.
Shocking?
Must be a loose connection.
Dr Aniruddha Malpani it happens when you think , you’re the digital marketing by seeing some videos or cheap course .
We are giving better results to our clients eg they’re paying 5x cost on ads
We had decreased it to 1x only
It’s depend on digital marketing company & team – theitcd.com
☺️☺️☺️
Hundreds of similar stories all over. Ability to develop app (code) is more trusted than the ability to develop and execute excellent go-to market strategy.
Sad
FB ads – who does those anymore? Guess they thought its still 2017.
Sometimes too much smoke too can douse the fire!
Samraat Deol FB remains very profitable!
Maybe this new generation of Unicorns going bust should be rightly called “unicarne”. Or Muertocarne. Carne is Spanish for meat. What say?
Shutting down with no refunds translates to the good old fraud
So unethical,disgusting! Never loose sight of your primary goal,that is business. The EMI schemes & easy funding spoils enterpruenership.
Divyanshu Paliwal every digital marketing agency makes the same claim!
This is exceptional ?case ,
Ads means getting 10x ROI ..not 100x loss
if you don’t have paying customers along with ground team to service them..it will not work irrespective how much you spend on digital.
How does one preemptively figure out these situations ?
Ankur Vaid by investing in frugal entrepreneurs
Their pitch was well crafted . Their IQ was very high . But, still shut down!!
An entrepreneur should be frugal with money. If an entrepreneur doesn’t know how to respect money then certainly he/she will fail at some point.
Entrepreneurship is not about making money or profits(that’s the business part of Entrepreneurship), it is about adding value to the lives of the people of this world.
Creating a brand is not an overnight thing. Its important to invest in branding & marketing, however, one should know when to stop.
Whatever the future is but word of mouth is the best branding and one should focus on it. At some point in time value will be generated.
Just to share about Elon Musk. Apparently he invested $6 per car on marketing. He is using social media & other platforms beautifully.
It should always be a Customer First approach. Stopping/Minimizing ads and delivering 350 orders should have been the priority.
Like the #Juicero 😛 that FAIL was funny … but again, kudos to the smart Entrepreneurs who were able to raise money from ‘smart’ investors ???
start with Microcap investing in markets … soon you will know the reasons 🙂
This is why it is frustrating for the others who are stuck without funding for a perfectly good, but unglamorous idea.
Foolish ventures get funded and burn it all.
Defies logic.
What a stupid way of working! No wonder potential customers do not trust startups, wondering if they will stay to deliver and stay to support after delivery.
Shocking?
Must be a loose connection.
Dr Aniruddha Malpani it happens when you think , you’re the digital marketing by seeing some videos or cheap course .
We are giving better results to our clients eg they’re paying 5x cost on ads
We had decreased it to 1x only
It’s depend on digital marketing company & team – theitcd.com
☺️☺️☺️
Hundreds of similar stories all over. Ability to develop app (code) is more trusted than the ability to develop and execute excellent go-to market strategy.
Sad
FB ads – who does those anymore? Guess they thought its still 2017.
Sometimes too much smoke too can douse the fire!
Samraat Deol FB remains very profitable!
Maybe this new generation of Unicorns going bust should be rightly called “unicarne”. Or Muertocarne. Carne is Spanish for meat. What say?
Shutting down with no refunds translates to the good old fraud
So unethical,disgusting! Never loose sight of your primary goal,that is business. The EMI schemes & easy funding spoils enterpruenership.
Divyanshu Paliwal every digital marketing agency makes the same claim!
Is it the failure of the founder or the investor?
Sravan Appana both!