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by renewiltord
434 days ago
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Well, personally, I think you shouldn’t even tell your friends and family. That kind of “native advertising” is ruining human relationships. People should stumble upon your product. If someone mentions it to someone else, that alone should be grounds to shutter your company. Even so-called “catchy domain names” are a deep evil that we didn’t have in the heyday of the US: the ‘70s. Your product should be named exactly what it does and your company should be named as the concatenation of its products. In this way we can eliminate manipulative marketing and rely purely on quality. Should parents even be allowed to name children or should the state choose a descriptive name based on their appearance and behaviour? Hard to tell but I think we need to think long and hard about manipulative naming in more than just the corporate sphere. |
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For example, run an ad campaign on Google, figure out your CPC (cost per customer). See if that is even below your LTV (lifetime value per customer) plus operating expenses. And then tweak all the variables in your product and campaign to actually create some sort of sustainable business flywheel.
Having an amazing product and 'waiting' for your network to spread the word to all potential customers.. it's absurd to think that would work. It's hard enough even with big ad campaigns to reach potential customers.