Earlier quoted context omitted.
Sorry about the confusion. When I say I will pay $60 for a warm lead, that's assuming a number of them will not convert. Our LTV is in the 1000s, but another part of the cost of acquisition is the time on the phone to close the deal. It's more like this: - We'll pay $300 bucks for 5 warm leads to hand off to sales. - Sales will work the leads to close, spending another $200 of time. One of them will close. - We'll ge…
I figured your LTV was probably much higher given what you're doing. That 4x CAC thing is really intended for consumer companies I think. The reason this methodology matters is that when you have a marketer trying to figure out how to deploy a substantial amount of capital against business goals they've got to break it down by channel. And this common misconception is one of the most painful hurdles to get over with…
TechCrunch vs. Hacker News: Which is a better front page to launch your startup?
31–40 of 41 posts
Re: TechCrunch vs. Hacker News: Which is a better front page to launch your startup?
#32What front page do your customers read? Unless all you're doing is selling to Silicon Valley, neither TechCrunch nor Hacker News are necessarily going to be the answer.
Absolutely zero.
The typical LW customer is not at all tech-savvy, which is pretty much the polar opposite of your average HN user. I get far more mileage out of hitting forums where writers actually congregate.
Not to complain, mind you, I posted to talk about aspects of LiberWriter that I found interesting that might be worthwhile for others, not to troll for business.
Re: TechCrunch vs. Hacker News: Which is a better front page to launch your startup?
#33What front page do your customers read? Unless all you're doing is selling to Silicon Valley, neither TechCrunch nor Hacker News are necessarily going to be the answer.
I've gotten LiberWriter on the front page here a few times, and the number of new customers was astounding: Absolutely zero. The typical LW customer is not at all tech-savvy, which is pretty much the polar opposite of your average HN user. I get far more mileage out of hitting forums where writers actually congregate. Not to complain, mind you, I posted to talk about aspects of LiberWriter that I found interesting th…
"Most authors say that more than 80% of their eBook sales are via Amazon."
down to one metric. 'most' can be manipulated to be almost any value... just ask cats.
Re: TechCrunch vs. Hacker News: Which is a better front page to launch your startup?
#34Re: TechCrunch vs. Hacker News: Which is a better front page to launch your startup?
#35What front page do your customers read? Unless all you're doing is selling to Silicon Valley, neither TechCrunch nor Hacker News are necessarily going to be the answer.
Which is why for Fork the Cookbook (http://forkthecookbook.com), I've yet to do a Show HN. We even went so far to prevent anyone in the team from calling it Github for recipes, even when Fork the Cookbook IS Github for recipes.
We prefer to focus on our core target market, and work from there. Haven't been very successful yet though. Our forking rates were higher than expected (85% of the people who sign up have forked a recipe), and from that 85%, only a handful (about 5 or so) were from HN. Thoughts and ideas would be very welcome
Re: TechCrunch vs. Hacker News: Which is a better front page to launch your startup?
#36Re: TechCrunch vs. Hacker News: Which is a better front page to launch your startup?
#37Neither. Build up a mailing list of prospects while you build and keep them updated on your progress. On launch day, spread the news among the mailing list.
Built from ~6 months of email capture on the landing page + 4 months of active customer discovery interviews.
Re: TechCrunch vs. Hacker News: Which is a better front page to launch your startup?
#38Hit me up! @TheNickFrost on Twitter :)
Re: TechCrunch vs. Hacker News: Which is a better front page to launch your startup?
#39Neither. Build up a mailing list of prospects while you build and keep them updated on your progress. On launch day, spread the news among the mailing list.
Worth noting, we actually did that as well. I believe we got 7-8 conversions on launch day from the ML. Built from ~6 months of email capture on the landing page + 4 months of active customer discovery interviews.
@TheNickFrost
Re: TechCrunch vs. Hacker News: Which is a better front page to launch your startup?
#40Earlier quoted context omitted.
Numbers are always trustworthy if they're accurate. You just need to right context to interpret them in. These numbers are straight from Google Analytics, and you are correct that one was a direct link and the other was via TC. I say this in the article. This is a real world scenario. Many people ask how much traffic we got from being on TechCrunch. This is just data, take it as you want. I do my best to explain the…
They're untrustworthy to answer the question "TechCrunch vs. Hacker News: Which is a better front page to launch your startup?"