Digital analytics maturity model: Concepts — here, focus on is on buzzwords and realization that “we should do something”. Tools — here, focus is on tools, i.e. “Let’s use this shiny new technology and it will solve all our problems.” Value — here, we finally focus on what matters: how will the tools and technologies serve and integrate with our…
A major challenge for many SaaS businesses is to provide continuous value, so that the users are compelled to continue using the service. There’s a risk of opportunism if the user can achieve his goals with one-time use; he then either uses the free trial version, or only subscribes for one month. For example, some SEO tools enable data download,…
Grassblade model of startup acquisition = an incumbent is waiting until an upstart rival exceeds a KPI threshold x (e.g., 1 million users). Observations: ‘x’ needs to be defined so that it is big enough to prove the momentum, yet small enough to give a decent valuation — let the startup grow long enough, it can a serious competitor the…
EDIT: Updated by adding competitive analysis, very important to benchmark competitors. EDIT2: Updated by adding experimentation (14th April, 2016) Introduction Somebody on Quora was asking about ‘tools’ for validating viability and demand for a startup’s products. I replied it’s not a question of tools, but plain old market research (which seems to be all too often ignored by startup founders).…
Introduction A major issue of corporations is how they can avoid being disrupted. This is a commonly established issue, e.g. Christensen discusses it in his book “Innovator’s dilemma”. But I’m going to present here a simple solution for it. Here it is. Rule Number 1: Don’t look at absolute market shares, look at growth rates I call this the “Vanjoki…
We had a great discussion with Mr. Lauri Pitkänen about unfair advantage in business – e.g., a gift card company’s business model relying on people not redeeming gift cards, investment banker’s relying on monopoly to take 7% of each new IPO, doctor’s controlling how many new doctor’s are educated, taxi driver’s keeping the supply low through licenses, governments inventing new…