Let your interest be your identity
Startup entrepreneurs are supported by a community of people, organisations and other startups that surround them. This is what we refer to as a startup ecosystem.Various factors are to be considered while forming a startup ecosystem., Resources like skills, time and money are essential components of an start-up ecosystem. These resources are obtained primarily from the people and organizations that are active part of those startup ecosystems.Moreover, Any particular start-up ecosystem is defined by its collection of specific cities or online communities in which the entire business idea is going to function in future. So basically, it is very important that for a good startup ecosystem , the workforce (investors, HR managers, advisors, marketing team etc.) should be well informative so as they give valuable factors responsible for startup to work and excel.
Research has proved that acquiring new customers is far more expensive than retaining the existing customers. There are several ways through which one can maintain their regular customers, the first step is to pay back the customer’s loyalty either by providing discounts or coupons. Provide them with surprise services maybe for their birthday or a special occasion. Jawbone sends a handwritten note to its customers. Customers love it, because it shows how much the brand values them. Another suggestion is to be prompt in response and in service. If you keep a customer waiting for too long, they might as well switch to another service. Use automation to re-engage customers, end useful email newsletters to your customers twice a week, as well as SMS to new customers. Attest to customer feedback and make them feel like they are a part of the company. Last but not the least, celebrate your achievements with your customers and credit your success to them.