Tag: growth hack ideas

  • Nutritional Startups Experimenting With Innovative Growth Strategies

    The article is contributed By Pranay Jain, Founder & CEO, BodyFirst

    Food and nutrition were formerly exclusively of interest to fitness and health-conscious individuals. For many years, the idea of fitness was limited to enhancing one’s appearance through gym memberships. In the last two years, the Covid-19 pandemic has gradually redefined the concept of healthy living and emphasized the need for immunity boosters and supplements. What, when and how individuals eat are becoming the main themes of discourse in contemporary culture. The post-pandemic period is now experiencing an increase in the number of persons benefiting from different health and nutrition products, which corresponds with the increase in the adoption of a healthy lifestyle.

    The numbers from before the pandemic illustrate this pattern. The Indian gyms, health and fitness industry expanded by 11% between 2016 and 2020, with over 71,000 new fitness and health apps being reported by analytics firm App Annie during the same period. Consequently, fitness app downloads have increased by 156%, which translates to 58 million new active users in 2020. Even before the Covid disruption, the nutritional and fitness startup space had interpreted this opportunity to serve the rising number of health and fitness enthusiasts as a result of this shift.

    Influence of the Pandemic on Placing a Premium on Health and Nutrition

    The pandemic underlined the need for proper diet and physical activity. By emphasizing health and nutrition, the necessity to battle chronic illnesses such as diabetes, hypertension, stress, and anxiety has become a priority. A fresh emphasis on adopting a healthy diet has finally resulted in enhanced productivity, discipline, and an active lifestyle. By adopting a healthier lifestyle, one’s prospects of overcoming unforeseen illnesses are greatly improved. This idea has contributed to the expansion of health and fitness apps while boosting the consumption of nutritional and health supplements.

    Wearables Add Flexibility to Accomplishing Fitness Goals

    In the last five years, fitness wearables have been at the forefront of an industry-wide transformation, empowering their users to maintain their physical health and mental agility. These devices are no longer only data measurement accessories but are integrating data and usage metrics with other smart exercising devices, fitness and diet training apps, and mindfulness activity trackers. Startups are leading the way in bridging the gap between reality and fitness goals by digitally aiding their customers, regardless of their actual location, to meet the required activity or exercise goals. Virtual fitness experiences contribute to the novel aspects of the technology that are rapidly establishing a quantitative and qualitative benchmark for actual transformation. These creative solutions have already created the groundwork for accomplishing fitness objectives, using a mechanism and method that are both adaptable and achievable.

    Partnerships With Fitness Centres and Corporate Wellness Initiatives

    Fitness and wellness firms have traditionally leveraged corporate partnerships as a growth strategy. However, the post-pandemic emphasis on fitness and nutrition has expanded corporate interest. This integration assists companies with benefits, health insurance programs, and employee fitness initiatives to manage workplace stress and enhance employee wellbeing. These holistic wellness initiatives provide workers with seamless integration and usher in long-term health advantages for the organisation. In addition to organizing random and tailored fitness events for intercompany participation, fitness brands also promote the adoption of fitness and weight management programs by hosting random and customized fitness initiatives.

    Enhanced Ingredient Awareness Influencing Consumer Preferences

    Ingredients are foundational to health and nutrition products and these are witnessing a surge in popularity among fitness enthusiasts. The emphasis on product orientation and specialization is one of the most important marketing techniques used by fitness brands. Most fitness brands provide health and nutrition items that are loaded with multivitamins, vital minerals, omega-3 fatty acids, and other supplements. Multivitamins, essential minerals, Omega 3 supplements, and probiotics are, thus, some of the most prominent fitness and nutritional ingredients.

    Increased product awareness among the consumers has shifted the spotlight to brands that emphasize innovative ingredients in their products. This strategy is reflected in the approach in which customers choose brands that are transparent about the relevance of product ingredients in achieving their fitness and wellness goals. Nutrition experts and fitness coaches are more likely to promote brands, whose products are based on scientifically validated and properly researched ingredients. Products capable of bridging the protein deficiency gap by restoring the adequate nutritional balance in the diet will ultimately gain more acceptance and adoption among fitness enthusiasts.


    Healthcare Business Ideas in India | Medical Business Ideas
    The Healthcare industry is growing rapidly and so are the healthcare businesses. Here’s the list of the best healthcare & medical business Ideas.


    Brands Focusing On Garnering High Product Reviews With Satisfied Consumers

    Products that are high on reviews are expected to gain prominence as they are referred by satisfied consumers with word of mouth strategy being a strong driver across sectors. Fitness startups are introducing a diverse product line that is superior to market offerings and strives to promote health and educate customers to enable wise and healthy decisions. Multivitamins, essential minerals, Omega 3 supplements, and probiotics are among the most popular fitness and nutritional products. These innovative products utilise ‘enzyme technology’ which helps break down protein efficiently and enables the body to maximize the absorption of amino acids. This breakdown of whey protein into its smallest components avoids any digestive discomfort and caters to consumers who advertise the product among their circle of influence. Catering to consumer’s convenience, these products are also becoming travel friendly and are being made available in compact and ‘mini’ travel sachets to help consumers maintain nutritional requirements while travelling.


    Vieroots Success Story | EPLIMO | All You Need To Know
    Vieroots provide personalized lifestyle modifications post genetic test. EPLIMO is the unique product of Vieroots. Know about Vieroots founders, story, business model


    Conclusion

    Today’s constantly changing consumer preferences have been addressed by emerging technological advancements that will continue to influence the fitness industry’s growth trajectory. In conclusion, these rising opportunities to address customer needs will help startups redefine their approach with innovative growth strategies.

  • Mother Sparsh CEO on Insights on Starting & Scaling D2C Brand

    In this new Insight series we connect with industry professionals to gain idea on starting and scaling a D2C Brand. It features startup experience, growth hacks, D2C industry highlights and learnings directly from expert!

    A little background, D2C brands are companies that built its offering around direct digital marketing channels as opposed to selling through an online marketplace, retailer, or auction site. D2C business model in India eliminates middlemen to reach the end consumers and thus saves costs spent on distribution.

    StartupTalky exclusively interviewed Dr. Himanshu Gandhi, Co-Founder and CEO of Mother Sparsh to know his perspectives on D2C Brand & how he scaled Mother Sparsh from INR 10 lakhs investment to achieving an annual turnover of approximately INR 22 crore in FY20. Mother Sparsh is an innovative eco-friendly baby & mother care brand focused on delivering a holistic experience to the mothers and babies with their natural, eco-friendly, biodegradable, paraben-free and chemical-free product offerings.

    Let’s see what Dr. Himanshu Gandhi, Co-Founder and CEO of Mother Sparsh has got to say –

    1. Initial Journey and Growth of D2C Brand Mother Sparsh
    2. How Mother Sparsh is different from other D2C brands in the ecosystem?
    3. Impact of Covid-19 Pandemic on D2C industry in general and Mother Sparsh in particular
    4. Offline & online marketing strategies adopted by Mother Sparsh
    5. How founders of Mother Sparsh evolved the brand identity & create brand loyalty amongst customers? How do they control the 4P’s?
    6. Mother Sparsh’s Supply Chain Model
    7. How Mother Sparsh ensures higher degree of uniqueness in its product range? How does this D2C brand stay on top of new technologies & changing customer habits?
    8. Metrics used to compare D2C brand Mother Sparsh from its competitors
    9. Advice/expert’s opinion/findings on the D2C ecosystem in India & the Future of D2C industry

    1.From where did it all begin? It’d be great to walk through the initial journey of the company from ideation, team building to launch, funding, revenue & growth.

    The inception of Mother Sparsh happened after my marriage with Rishu Gandhi, who happens to be the co-founder of the company. Prior to our entrepreneurial journey, I was a government officer while Rishu was a Java Developer at Infosys. After our marriage, we discovered our shared zeal to identify and fill the gaps in the baby and mother care segment.

    We got into rigorous Research & Development (R&D), which was inclined towards recognizing the specific personal care needs of babies as well as mothers, and evaluating it in lieu of the gaps in the market. Therefore, our relentless endeavor to fill the gaps in the segment by working on a need-based proposition led to the birth of Mother Sparsh in 2016. We started with a seed funding of nearly INR 10 lakh, which was used in R&D and development of our first few products. We were able to break even in FY ’20 and went on to close the previous financial year with revenue of nearly INR 22 crore.

    2. How do you differentiate yourself from other D2C brands in the ecosystem? Highlight the USP, Features & the problems that your brand tends to solve.

    There are several D2C brands in the personal care segment, but the same does not stand true in the case of baby and mom care brands in India. Even if there are a few, they are mostly the ones with product portfolios laden with harmful chemicals and toxins. We are probably the only Indian nature-based baby and mom care brand that caters directly to the end consumers with its wide range of innovative products. For instance, we were the first D2C brand in India to introduce 99% Pure Water unscented biodegradable baby wipes that are good not just for the sensitive skin of the little ones but for the environment as well.

    As mentioned earlier, our USP is that we bring the power of nature-based ingredients and Ayurvedic herbs in the most unadulterated manner, in a form that suits the modern lifestyle of millennial moms as well as their babies. While working on a need-based proposition, we have introduced products like Dashmoola Hair Lep, which new moms can use to deal with all kinds of post-pregnancy hair and scalp related troubles. Over past few years, we have fulfilled our commitment to solve or personal care woes of moms and babies with solutions that originate from mother nature.

    3. The pandemic has posed its own challenges and opportunities. We are intrigued to know how it impacted the D2C industry in general and your company in particular? What strategies, plans etc., did you adopt and where do you stand at present?

    The pandemic has brought about a significant change in the buying pattern of the consumers, with the trend now being more inclined towards online buying. This stands true for the consumers based in metro cities and those based in tier-2 cities. Further, for D2C brands, the consumers are much more willing to adapt and evolve to purchase products directly from the official brand website. This has been enabled by the increased assurances that the consumers have gained with regard to buying products and merchandise from the brand website.

    For D2C brand, the marketing strategies were focused to increase the website sales and the marketing orientation has changed towards website. Moreover, the brand has worked and developed a loyalty & good customer retention programs. For example, we have curated a specific set of offers for our website to help retain our customers.

    We observed a significant increase in the traffic during the pandemic which also helped us to make a change in our marketing orientation and eventually we had invested a decent amount on our website to get the traffic along with the specific set of offers for customers.


    A Detailed Case Study on Wakefit Startup
    Sleep is important to have a healthy life. Nowadays, people have cut down theirsleep due to the excess use of smartphones. This has been a major concern forpeople of all ages. The wise ones are the ones who are aware of this and havetried to cut down the excess use of screen time. One of them i…


    4. Target-based marketing is the craze these days! What are the offline & online marketing strategies adopted by your brand? How do you ensure that your brand is known across the nook & corner of your target market?

    Mother Sparsh has always tried to work towards baby-mom specific set of products and bring innovation through its merchandise. In terms of reaching to our target audience, Mother Sparsh worked for better penetration via hospital sampling amongst premium hospitals across PAN India, catering specifically to expecting mothers during the early phase of pregnancy. We have effectively worked in this manner to achieve success and the brand continues to working on the sampling mechanism this year as well.

    Besides, the brand campaign designed is ensured to serve with the right set of communication for reaching out to the influencers. As per the feedback from various mothers, we have witnessed a big concern over hair fall in the post-pregnancy stages. So while making the effort of understanding the consumer need and bringing innovation as a factor, we launched Ayurvedic Dashmool Hair Lep.

    Also, we ensured a wider outreach via various campaigns on Instagram and Facebook groups & mom communities so as to reach every nook & corner of our target market.

    5. Amongst thousands of companies in the D2C domain, how did you evolve your brand identity and create brand loyalty amongst your customers? How do you control the 4P’s (Price, Place, Promotion, Product) of your brand.

    In India, the culture of buying products via D2C companies is evolving at a very nice pace and is currently in a dynamic phase in our country. For Mother Sparsh, the key for creating a brand identity has always been its offering. In terms of our efforts, we have managed to provide India’s first water based wipes which is eco-friendly. The brand has maintained its ethos and launched products on Need-based Proposition and throughout worked to evolve the market.

    The journey of Mother Sparsh has evolved with bringing innovation from its products, whether it be India’s first water-based wipes or After-bite solution for babies, which is very unique and one of its own kind of curative action.

    As mentioned earlier, the brand recently launched Ayurvedic Dashmool Hair Lep, specifically curated product for hair-fall for post-pregnancy. The concept of this product was introduced from home remedy which is positioned against chemically made gel/crème based products available in the market.

    With regard to controlling the 4 Ps of Marketing Mix

    • For products we strive towards innovation and need-based positioning
    • For pricing we work on a valued pricing mechanism.
    • For place, we cater to aspirational consumers hailing from middle to higher income group, and
    • As far as promotion is concerned, we have relied majorly on brand website offers, hospital sampling and top e-commerce platforms such as Amazon, Firstcry etc.

    6. How does your supply chain model add value to the company’s process? From product development, making the prospective customer aware of the product to order placement, distribution & post sale services, what does the process look like?

    The brand inherits a culture of R&D and quality driven products, therefore, the value of pursuing or products starts from deep dive market research. Also, we incorporate the feedback of consumers (mothers) about the need and requirement for their wellbeing. With this extensive study, comes the quality work of our R&D team to understand and recommend the most suitable offerings in sync with the ethos of innovation of the organization.

    While different types of media vehicles are leveraged, we enable effective communication by inking associations with various influencers on social media as well as tools like Facebook ads, google ads and print ads.

    With every effort of launch, we are always willing to provide the feedback to our team members so as to continuously work on our offerings which eventually helps us to evaluate and create future path for new development and process enhancement.


    Mamaearth: Bringing Toxin-Free, Natural Skin Care Products To India
    When it comes to the cosmetic industry, consumers are always concerned about theprocess through which the products are manufactured. This is why we now see ahuge buzz about organic products, natural hair care items, and pure skin careproducts. People want to ensure that they are using the best qu…


    7. Product Differentiation is the key! How do you ensure a higher degree of personalization/uniqueness in your product range? Are prospective customers surveyed? Is feedback mechanism reliable? Or any other strategy? Is your R&D strong?How do you stay on top of new technologies and changing customer habits?

    The uniqueness of our product range comes from the fact that we provide expertly crafted nature-oriented solutions in the form of ready baby products. The brand inherits a culture of R&D and quality driven products. The journey of Mother Sparsh has evolved with bringing innovation from its products and inheriting the values of innovation. We stay on the top of the things majorly by motivating our R&D team to attend webinars and encourage them to widen their area of study.

    8. What metrics do you analyze to compare your performance from that of your competitors & previous periods? (E.g. conversion rate, unique customer, visitors rate etc., ) Real-life case studies/metrics information would be much appreciated.

    Mother Sparsh’s offerings for the niche nature-based baby and mom care market have no competition as such with any other brand. This is primarily because most baby and mom care brands thrive on chemicals and toxins rather than nature-oriented ingredients. More or less, the way we serve our consumers is different where we indulge in consolidating our understandings about home remedies & natural remedies to develop new products.

    9. It’s be great if you could share any Advice/expert’s opinion/findings on the D2C ecosystem in India. And what do you think is the future of this industry? What should the budding entrepreneurs have a look out for?

    D2C undoubtedly is the future in the market. But as a founder, we are concerned about the quality parameters which we feel should be enhanced so as to give value to the end consumer. It is also imperative that any entrepreneur who introduces new products in the market must ensure that while they are conducive to the needs of the consumers, they should not leave any harmful after effect on the environment.

    The idea behind the endeavors of any budding entrepreneur should be to thrive on eco-friendly and organic product range that leads to holistic wellbeing of both individuals and environment.

  • 5 ways to Grow a SaaS company with No Funding

    SaaS, or “Software as a Service” simplifies the user experience by cutting down the need to install software, allowing access to the application via an internet browser instead.

    Started a SaaS-based business or have a brilliant SaaS idea to implement? Great! But worried about raising funding?

    It is all indeed a game of numbers,

    • getting more new customers than customers not renewing or cancelling.
    • Getting paid subscription sign-ups rather than trail sign ups

    What new ideas can you apply for boosting growth and customer retention without taxing your funds?

    Various low-cost ideas can be applied in most business models with ease. Here are some growth hacks to help your SaaS start-up.

    Give away a valuable incentive and start charging early
    Target Acquisition and Retargeting
    Create engrossing content, keep engaging and increase your reach
    Listen to your customers
    Make competitors your partners
    FAQ

    Give away a valuable incentive and start charging early

    You want people to use your services, think about giving away something useful. Offering free trials and giveaway gadgets have become very common. So what else can you do?

    When customers switch to your service, they import information. So, how about offering them some extra storage? Or a bonus for every referral, after all, who doesn’t like some money?

    Get your existing customers involved and do the precious marketing for you. Offer them something that is linked to your service and connects them directly with your business.

    On the other hand, don’t be hesitant to charge for your service. You may think expanding the customer base is important but earning revenue is just as necessary.

    Believe in your product and put it to the test. Most people don’t value things that are available free of cost. Also, this would help reduce your risk in the investment.

    Don’t invest a huge amount of money in launching the product, but start at a modest level and continue building up. Your customers demonstrate their faith in you by buying, while this also drives away freebie users.


    Ultimate List of SaaS Product Review Sites
    Product reviews can help you in a number of ways and even be crucial in yoursales process. The fact is, 90% of consumers read online reviews[https://startuptalky.com/indian-review-sites-new-upcoming-trend/] before even visiting abusiness. Similarly, 77% of B2B buyers conduct their own research be…


    Target Acquisition and Retargeting

    When the product was designed, did you think of potential users? And was your campaign aimed at specific customers?

    In many instances, time, effort, and even funds spent do not yield results. And the issue is simple: the message did not reach the correct person.

    Everyone does not need everything. Precious resources can be used selectively. You need to focus on the right audience who requires your solution.

    How do you go about it?

    • First, give a thought about the user’s attributes: Age, gender, location; types of business; problems, budgets, and so on.
    • Now, what about businesses similar to yours? What are they doing? Look at their strategy and analyze, how can you be different and make an impact?
    • Meet up with potential customers, attend seminars, webinars, forums, and use them to understand the market better.
    • Use analytics tool for your website, you will get to know your visitor, areas of interest, and content effectiveness, it will be a good exercise to identify customers

    Finally, use retargeting techniques to bring previous visitors, churned or likely leaving customers back to the fold, and sign up for your service.


    Top CRM Softwares For SaaS
    SaaS is capturing the attention of entrepreneurs[https://startuptalky.com/must-know-startup-terms/] worldwide and becoming apreferred choice for businesses of all sizes. In the United States alone, around80% final users prefer using SaaS applications (in 2016, this figure was 52%).To increases t…


    Revenue of software as a service (SaaS) companies in India
    Revenue of software as a service (SaaS) companies in India

    Create engrossing content, keep engaging and increase your reach

    Content is compelling and engaging and has the power to bring people back for more. Also, it is a fantastic way to stand apart in a crowd especially in a competitive space.

    But the quality of the information matters, so you have to believe in the idea. You must produce quality work regularly and most of all information should be freely accessible.

    Share your knowledge about the industry, introduce your solution, and present a valid case to your intended audience, this will garner their attention.

    This will work in building an email list, and once sufficient numbers are reached higher traffic and brand awareness will follow. This should be good for business growth and ultimately revenue.

    Listen to your customers

    You will have a lot of voices talking to you, but the most important ones are your customers. So, listen you must. What are the best ways to contact you?

    • Start with welcome call minutes within minutes of customer signing up. Get feedback on your marketing funnel, personalize your solution support. You will obtain real-time experience data and know if you are reaching the intended crowd.
    • Offer weekly contact points i.e. Q&A sessions, Webinars, pre-recorded pieces of training, etc. to demonstrate, explain, and help your customers embrace the product. Your SaaS solution has to be embedded in customers’ business fabric, so let them learn the benefits and improvements as it develops.
    • Pay special attention to subscribers, as they are serious about your product and care about it. They have paid to utilize the facility, thus should be given preference and special privileges like access to new features.

    Listening to your customer will make them feel valued and create a personal connection with your company. Another good way to increase and retain your customers.


    3 Easy Steps to Create Kickass Video Tutorials for SaaS with 10 best Examples
    It’s one of the toughest jobs to generate new leads for your software, product,or service. But how many of your leads and sign-ups are you successfullyconverting to customers? Hell, you’ve optimized your homepage, your landingpages. You’ve done your SEO homework. You’ve sweat blood and tears writ…


    Make competitors your partners

    Ever heard the proverb “Keep your friends close, and your enemies closer”, well a direct example would be when your partner with your competitors. You and your new partner(s) can work and play together.

    You will have plenty of smaller competitors usually and few big players in the SaaS marketplace. Instead of quibbling over the pool of customers, it may be worth combining forces to take on big players.

    Another way would be to actually partner with the big players. Becoming a direct competitor would be a difficult task. So it may be a better idea to work with them, like offering a peripheral utility. This would increase traffic, your brand awareness, and revenue growth.

    FAQ

    What is B2B SaaS?

    B2B SaaS stands for business-to-business Software-as-a-Service. It encompasses cloud-based software used by businesses for various tasks, such as accounting, office productivity, customer relationship management (CRM).

    What are the top SaaS companies?

    HubSpot, Microsoft, Asana, and Shopify are some of the top SaaS companies.

    Why do SaaS companies fail?

    Most SaaS businesses fail because they are simply not solving any existing problem and a lack of market.

    Conclusion

    Setting up a business is a difficult task, continuous growth is even harder. All of this needs you to have belief in your product, a flexible approach, and lots of smart work. You can implement these to attract and retain the correct clientele; create your brand in the market, get useful feedback to effectively manage decision making, and fulfill your goal of a prosperous business.

  • How to get the Much-Needed Initial Traction for Your Startup?

    In the initial days of startup, you won’t have any customers if they aren’t aware of your startup. Even more challenging is figuring out how to attract your first customers when you have a limited budget and resources. Thus, one of the toughest things for any startup is to gain initial traction. This is where most new entrepreneurs fail. The major culprit is inefficient marketing. Yes! No matter how innovative your product is, if people don’t know about it, it’s bound to fail.

    This applies to both nascent startups and well-established brands. The world awaits a new iPhone model every year, but what if Apple secretly starts flash sale in the market without advertising, without the highly revered Apple event (yeah, it’s the release conference we’re talking about). To save our readers from committing such blunders, we have listed some of the best techniques to gain initial traction for your startup.

    Methods to Get Traction for Your Startup

    Early Traction Growth Hacking Strategies For Startups
    Source: GrowthRocks

    1) Come up with an Innovative Product

    It starts with the idea. There’s no shortage of problems or issues—it’s the absence of the right solution which in turn depends on the initial idea. Product innovation encompasses various factors: the market demand, competition, cost, and many more. The crux of building an ingenious product idea is identifying what the market is looking for and if it’s willing to pay for it.

    Once done with this, proceed on to analyzing the competitors, what they are doing, and what are they missing out on with their offering. Observe their product from a consumer’s perspective and try to identify the possible enhancements or modifications. Then, improve the product as desired. An existing concept gets the flavor of creativity this way!

    2) Social Media Marketing

    The probability of an individual having a Facebook/Instagram/Snapchat account is much higher than him or her having a bank account! The demand for social media expertise and awareness has been recognized and many online education platforms and institutions do carry a holistic course on social media marketing in their catalog.

    This is the holy grail for gaining traction for your startup. There are two ways to market on social media.

    First, let’s talk about the organic way of social media marketing—create an attractive business profile for people to understand your brand—your mission and vision. Post valuable, trending content regularly and interact with people as much as possible. Don’t let your audience feel that you’re paying attention to them. Use Facebook groups to build a community where like-minded individuals can converse with each other. Go through StartupTalky’s Facebook community to get an idea of how effective this is!

    The paid way of social media marketing is a bit advanced but once you gain a hang of the tools and techniques, it’s a cakewalk. The cost associated with paid ads such as Facebook Ads is going down day by day. These facilities are becoming cheaper. So, don’t forego this economical opportunities while they are available.


    How to use Medium for your Business |How to set up Medium for Business
    Medium is a blog hosting platform, which lets both amateur and professionalwriters and publications publish their work. Launched in August 2012 by EvanWilliams, Medium is an apt example of social Journalism, and a wonderfulplatform to read and write important stories because everyone has a story.…

    3) Search Engine Optimization

    What makes your business different from your competitors in the market? Your popularity and influence on the web. Every company has a website and an app nowadays and this has created a rat race where everyone’s eager to scoop a significant piece of the web traffic. Posting contents on trending topics that enriched with videos and graphics is imperative. And this boils down to the use of search engine optimization, or SEO.

    Ensure your website is fully optimized and the you don’t serve pirated content. If your site is indexed and you are posting quality content regularly then it will be easy for you to rank on search engine results pages. This is an organic way of marketing so be ready for some grinding in terms of time and efforts!

    4) Affiliate Marketing

    If you believe your product or service can make a difference and can benefit the consumers, then the affiliate marketing path would do wonders. Affiliate marketing, benefits your influencers and users. When an influencer sells your product through a unique link, he or she gets a commission from the selling price.

    There are tools that help in setting up and automating the affiliate marketing process. Popular tools include Flippa, CJ Affiliate, and and SEMRush.

    The whole point is here you don’t market your product; the influencers do it for you. Your job is to deliver a quality product and the service you provide is more beneficial when compared to exisitng solutions.

    Affiliate Marketing Software To Become Irresistible To Customers – Pricing & Features
    Affiliate software helps websites to outsource other websites. This is toadvertise marketable outputs for some amount of commission. The commission isdecided by the people to whom the management can reach out to. And then is sentto the merchant website. Else it is taken into consideration. Usin…

    5) Crowdfund Your Product

    Crowdfunding has brought in a new way to conceive products and services. Platforms like IndieGoGo and Kickstarter offer the ground for people seek others’ help in raising money for their ventures.

    This is the perfect opportunity to attain early traction, as the individuals that choose to invest in your product entrench the base of your target audience.

    There are a few things you should keep in mind about crowdfunding your business:

    • Most crowdfunding campaigns fail.
    • A high percentage of donations come during the initial days of the campaign.
    • You should set a realistic goal for your campaign.
    • Choosing the right crowdfunding platform is vital.
    • Don’t promise things you can’t deliver.

    How crowdfunding works in India to raise funding for startup
    The concept of crowdfunding has just started to gain momentum in India.‘Funding’ is the first problem new people, entering the world of business forfirst time, find it difficult. Startups have to turn to institutions and angelinvestors because there is lack of funds for bootstrapping or lack of h…

    6) Unconventional PR

    Customer appreciation is a smaller, scalable action (like holding contests or sending handwritten notes to customers) for maintain a good rapport with your audience as well as press-coverage and publicity.

    To build your brand authority and gain traction for the long term, you need to build a solid relationship with your customers. There are many methods to do this but unconventional PR is the most sustainable and effective way. Surprise your audience with goodies and perks that seem out of the world!

    7) Offline Events

    Conduct seminars and press conferences to make your product a burning issue among people for the right reasons. Meet people and advertise yourself. Trade shows will help build relations with industry insiders.

    You can also connect with influencers capable of representing your brand. Influencers have the target audience you are seeking. There are many benefits of marketing through influencers, but the highlight is the time saved in building your community from scratch.

    Invite them and other competitors in your events. The socializing and partnership building will help you and your brand in the long run.

    8) Email Marketing

    We’ve discussed so many ways of marketing a startup but if you just have started ,then email marketing is a safe, less risky path. Every startup should build an email list as soon as possible because that’s how one gets subscribers.

    Despite the presence of social media platforms, email marketing continues to be effective, but why? 58% people check their email before anything else in their phone. Don’t send spam emails to your users because that’s the last thing anyone wants.

    Value people through your emails . Soon, you will have a loyal audience that will be yours for a lifetime.


    How to Build an Email List for Business? | Email List Building Tools
    Email marketing helps you not only to promote the brand or launch a new productbut build a relationship with your customers and convert them into loyalcustomers. Email marketing [/tag/email-marketing/] is the primary method forpromotion. But you need to find out how to create an email list. To co…


    Implement these tactics in your business and share it with others!