I really can't emphasize enough how much easier it is to build any business with customer LTV of $X,000 vs customer LTV of $X0.
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@patio11 E.g. if you’re GrantTree, already selling stuff regularly for up to about $5-20k, how do you move into the high $X0ks -
@swombat No single answer to that, but broadly speaking, figure out who the "best" customers are in the pool, deepen engagement w/ them. - 1 more reply
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@patio11@swombat a interesting article about $x0k vs$k vs $X0 businesses - http://christophjanz.blogspot.com/2014/10/five-ways-to-build-100-million-business.html … -
@markkofman@swombat Yep, that is indeed a good article. Got me noodling the topic again today. - 1 more reply
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@patio11 There’s a great question there which I’ve been struggling with, of how you go up the pricing scale in a market.Thanks. Twitter will use this to make your timeline better. UndoUndo
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