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	<title>Crowded Ocean » Blog</title>
	
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		<title>Startup Marketing: Mea Culpa</title>
		<link>http://feedproxy.google.com/~r/CrowdedOceansBlog/~3/RhO22MUQ4K0/</link>
		<comments>http://www.crowdedocean.com/best-practices-2/startup-marketing-mea-culpa/#comments</comments>
		<pubDate>Thu, 23 May 2013 15:24:53 +0000</pubDate>
		<dc:creator>Crowded Ocean</dc:creator>
				<category><![CDATA[Best Practices]]></category>
		<category><![CDATA[High-Tech Marketing]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[Startup Marketing]]></category>
		<category><![CDATA[startup advertising]]></category>
		<category><![CDATA[startup marketing]]></category>

		<guid isPermaLink="false">http://www.crowdedocean.com/?p=2872</guid>
		<description><![CDATA[In the world of startup marketing, we often talk (with some exaggeration at times) about a new technology being a ‘game-changer’. And, within the specific industry (or sub-industry) that we’re living in, given the high quality of clients that our &#8230; <a href="http://www.crowdedocean.com/best-practices-2/startup-marketing-mea-culpa/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
				<content:encoded><![CDATA[<p>In the world of startup marketing, we often talk (with some exaggeration at times) about a new technology being a ‘game-changer’. And, within the specific industry (or sub-industry) that we’re living in, given the high quality of clients that our VC partners bring us into, that is often the case.  But often it is only in retrospect that you realize what a game-changer an idea or company is.</p>
<p>In my case (this is Tom Hogan writing), the company I was late to the dance in appreciating was Salesforce. My last two bosses at Oracle were Tom Siebel and Marc Benioff, each of whom left to develop a company in the emerging field that was later called Customer Relationship Management (CRM). At the time I thought Siebel was just a productization of OASIS, the Oracle sales fulfillment program. And when Salesforce came out, I thought it was a low-level knockoff of Siebel.</p>
<p>I knew Marc and I knew his advertising agency, so when they went with the ‘Software is Dead’ slogan, I put it down as the same kind of hubris that we adopted at Oracle.  It was only years later that this unique approach got its own name:  Cloud Computing.</p>
<p>We have a number of Israeli clients, and when we’re over in Israel and talking to clients and VCs alike, to a person they say the leader they most admire—and would most like to meet—is Marc. Not Zuckerberg, not the Google guys, not Larry. Benioff. Deservedly so.</p>
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		<title>Startup Marketing and Sales Compensation</title>
		<link>http://feedproxy.google.com/~r/CrowdedOceansBlog/~3/kreX8boKGJU/</link>
		<comments>http://www.crowdedocean.com/best-practices-2/startup-marketing-and-sales-compensation/#comments</comments>
		<pubDate>Mon, 20 May 2013 13:27:59 +0000</pubDate>
		<dc:creator>Crowded Ocean</dc:creator>
				<category><![CDATA[Best Practices]]></category>
		<category><![CDATA[High-Tech Marketing]]></category>
		<category><![CDATA[Startup Marketing]]></category>
		<category><![CDATA[sales-based marketing]]></category>
		<category><![CDATA[startup marketing]]></category>

		<guid isPermaLink="false">http://www.crowdedocean.com/?p=2867</guid>
		<description><![CDATA[Because we join our client companies in their early stages, we’re in on the culture from the ground up. Which includes the hiring of the sales team. Given the nature of startups, the first hires are usually mid-level go-getters, people &#8230; <a href="http://www.crowdedocean.com/best-practices-2/startup-marketing-and-sales-compensation/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
				<content:encoded><![CDATA[<p>Because we join our client companies in their early stages, we’re in on the culture from the ground up. Which includes the hiring of the sales team. Given the nature of startups, the first hires are usually mid-level go-getters, people with great track records in this area but not VPs. So the sales culture starts to grow up before the VP is hired.</p>
<p>Having worked at sales-oriented giants such as Oracle and Sun, as well as with over 25 startups, we’ve seen a number of different sales and compensation models. The one that we recommend to our clients, if they buy into it from Day One, is to focus on customer satisfaction as one of the key company (and thus sales) metrics.  In the early days of a company, the walls between Sales and the rest of the company—if they exist at all—are low. Sales reports on their activities in weekly company meetings and can call across the room to the Product team with their questions and customer issues.</p>
<p>So if the startup makes customer satisfaction not only a visible but a measurable tool, and reviews it regularly with the company, it sets up a different kind of comp plan, one that still focuses on revenue but includes customer satisfaction (determined eventually by an objective third party) as well.  In short, you don’t make Sales Club (the trip to Maui) even if you’re at 150% of plan if your customers aren’t happy.</p>
<p>This is a dramatic departure in culture for many sales reps, but if practiced right it not only is a key differentiator (a PR agency can sell stories based on this model alone) in the sales process, but happy customers who know the company’s dedication to customer satisfaction are more willing to buy again, be references for other prospects, and to talk the company up in their professional circles</p>
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		<title>Can low-tech marketing tactics drive a higher startup marketing ROI?</title>
		<link>http://feedproxy.google.com/~r/CrowdedOceansBlog/~3/FwaqpivTNqg/</link>
		<comments>http://www.crowdedocean.com/high-tech-marketing-2/can-low-tech-marketing-tactics-drive-a-higher-startup-marketing-roi/#comments</comments>
		<pubDate>Wed, 15 May 2013 13:23:30 +0000</pubDate>
		<dc:creator>Crowded Ocean</dc:creator>
				<category><![CDATA[High-Tech Marketing]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[Startup Marketing]]></category>
		<category><![CDATA[Tips]]></category>
		<category><![CDATA[Crowded Ocean]]></category>
		<category><![CDATA[direct mail]]></category>
		<category><![CDATA[low-tech tactics]]></category>
		<category><![CDATA[startup marketing]]></category>

		<guid isPermaLink="false">http://www.crowdedocean.com/?p=2856</guid>
		<description><![CDATA[We’ve commented before on the value of tried-and-true marketing priorities like having a “war room” for competitive tracking. Today, startups are finding room for low-tech tactics in their program mix, as we’ve written about before. Another retro tactic that we &#8230; <a href="http://www.crowdedocean.com/high-tech-marketing-2/can-low-tech-marketing-tactics-drive-a-higher-startup-marketing-roi/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
				<content:encoded><![CDATA[<p>We’ve commented before on the value of tried-and-true marketing priorities like <a href="http://www.crowdedocean.com/best-practices-2/startup-marketing-tip-bring-back-the-basics/">having a “war room”</a> for competitive tracking. Today, startups are finding room for low-tech tactics in their program mix, as we’ve <a href="http://www.crowdedocean.com/branding/is-there-room-for-low-tech-tactics-in-startup-marketing/">written about before</a>.</p>
<p>Another retro tactic that we wonder about – direct mail. In the sea of email and e-newsletters, could a “low tech” tactic like direct mail drive a higher response rate (and marketing ROI)?</p>
<p>One tech startup used postcards and email as part of their recruitment strategy aimed at hard-to-find engineering talent. Of those candidates that responded<a href="http://online.wsj.com/article/SB10001424127887323528404578455190822277694.html?KEYWORDS=daniel+akst">, the vast majority had received the postcard. </a> And, they were the better educated, or “higher quality” candidates.</p>
<p>If a lowly postcard can motivate a higher response rate than email, maybe your startup should consider it?</p>
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		<title>Do Job Titles Matter at Startups?</title>
		<link>http://feedproxy.google.com/~r/CrowdedOceansBlog/~3/ZjEn81NCaMc/</link>
		<comments>http://www.crowdedocean.com/best-practices-2/do-job-titles-matter-at-startups/#comments</comments>
		<pubDate>Mon, 13 May 2013 13:14:23 +0000</pubDate>
		<dc:creator>Crowded Ocean</dc:creator>
				<category><![CDATA[Best Practices]]></category>
		<category><![CDATA[High-Tech Marketing]]></category>
		<category><![CDATA[Lessons Learned]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[Startup Marketing]]></category>
		<category><![CDATA[startup culture]]></category>
		<category><![CDATA[startups]]></category>

		<guid isPermaLink="false">http://www.crowdedocean.com/?p=2853</guid>
		<description><![CDATA[Everyone seems to marvel at the open, organic nature of teams and the new-age organizational structures adopted by many startups. As the thinking goes – if entrepreneurs are inventing the future, then why wouldn’t they invent new structures and business &#8230; <a href="http://www.crowdedocean.com/best-practices-2/do-job-titles-matter-at-startups/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
				<content:encoded><![CDATA[<p>Everyone seems to marvel at the open, organic nature of teams and the new-age organizational structures adopted by many startups. As the thinking goes – if entrepreneurs are inventing the future, then why wouldn’t they invent new structures and business cultures too?</p>
<p>But when it comes to building and motivating teams of innovators, can startups really do away with traditions like job titles, performance reviews and business cards?</p>
<p>We read about this company that <a href="http://www.nytimes.com/2013/04/26/business/corner-office-seth-merrin.html?_r=0">has eliminated job titles</a> and adopted verbs for their people. Leadership team members are known as “shapes.” Below that are “drives,” “solves” and “creates.”</p>
<p>While that system may work once a candidate is inside the company, it most likely restricts finding and recruiting that person. Say you’ve got an opening for an “experienced online marketing director.”  When do you tell that ideal candidate that they’re going to be a verb? How do you describe your role on LinkedIn?  (“You’re an ‘engage’?”)</p>
<p>In our experience, young organizations need enough structure and process to foster an environment of collaboration and accountability. Who owns what—and by when—is still the critical component to success. And anything that distracts from that—including your job title and responsibilities—should go in that pile of ‘good ideas that failed’.</p>
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		<title>Are CMOs Really “Unicorns”?</title>
		<link>http://feedproxy.google.com/~r/CrowdedOceansBlog/~3/aIMY2rI4Avs/</link>
		<comments>http://www.crowdedocean.com/best-practices-2/are-cmos-really-unicorns/#comments</comments>
		<pubDate>Thu, 09 May 2013 13:30:35 +0000</pubDate>
		<dc:creator>Crowded Ocean</dc:creator>
				<category><![CDATA[Best Practices]]></category>
		<category><![CDATA[High-Tech Marketing]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[Sales-Based Marketing]]></category>
		<category><![CDATA[CMO]]></category>
		<category><![CDATA[startup marketing]]></category>

		<guid isPermaLink="false">http://www.crowdedocean.com/?p=2841</guid>
		<description><![CDATA[We’re regularly approached by our VC clients—or by their headhunters—to see if we know of any strong CMO candidates for startups. Or we hear from headhunters that we’ve dealt with in the past that they won’t take on any CMO &#8230; <a href="http://www.crowdedocean.com/best-practices-2/are-cmos-really-unicorns/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
				<content:encoded><![CDATA[<p>We’re regularly approached by our VC clients—or by their headhunters—to see if we know of any strong CMO candidates for startups. Or we hear from headhunters that we’ve dealt with in the past that they won’t take on any CMO searches—that these individuals are so rare that they’re called ‘unicorns’ within the industry.</p>
<p><img class="alignleft size-medium wp-image-2046" alt="unicorn" src="http://www.crowdedocean.com/wp-content/uploads/2012/09/unicorn-258x300.png" width="258" height="300" />Part of the problem is that the CMO position is being defined as cross-discipline, perhaps the only senior management position that requires a variety of talents. In baseball, the rarest of players is the five-tool talent: hit for average; hit for power; field; throw; and steal bases. <strong>In a tech startup, a CMO has to be a three-tool talent:</strong></p>
<p><strong>1) product management</strong> (drive the product roadmap and hold his/her own with the founding engineers down the hall);</p>
<p><strong>2) product marketing</strong> (develop and price competitive products, counter the competition, create powerful sales tools; and</p>
<p><strong>3) corporate marketing</strong> (everything from PR to lead gen to data-driven sales/marketing systems).</p>
<p>Our advice to our startup clients –and to their headhunters—is to start with the toughest discipline, which in our opinion is Product Management (deep technology knowledge required) and then hire a Director of Product Marketing in the early going. Outsource your Corporate Marketing (it’s the broadest set of disciplines in terms of finding good talent—SEO, lead gen, etc.—and it’s the easiest to learn) until you’ve gotten past launch and the initial sales cycle. Then, once you’ve gotten the necessary sales traction and revenue growth, start building out that last part of your internal marketing team with a Chief Marketing Officer.</p>
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		<title>Startup Marketing and Whatever Happened to Virtual Events?</title>
		<link>http://feedproxy.google.com/~r/CrowdedOceansBlog/~3/2Qi7gyh-aZ8/</link>
		<comments>http://www.crowdedocean.com/best-practices-2/startup-marketing-and-whatever-happened-to-virtual-events/#comments</comments>
		<pubDate>Mon, 06 May 2013 13:34:21 +0000</pubDate>
		<dc:creator>Crowded Ocean</dc:creator>
				<category><![CDATA[Best Practices]]></category>
		<category><![CDATA[Event Marketing]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[Sales-Based Marketing]]></category>
		<category><![CDATA[Startup Marketing]]></category>
		<category><![CDATA[startup marketing]]></category>
		<category><![CDATA[virtual events]]></category>

		<guid isPermaLink="false">http://www.crowdedocean.com/?p=2838</guid>
		<description><![CDATA[Two or three years ago, if you’d given us a thousand dollars and told us to invest in a new technology, one industry that we would have seriously thought of plunking our money down on would have been ‘Virtual Events’. &#8230; <a href="http://www.crowdedocean.com/best-practices-2/startup-marketing-and-whatever-happened-to-virtual-events/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
				<content:encoded><![CDATA[<p>Two or three years ago, if you’d given us a thousand dollars and told us to invest in a new technology, one industry that we would have seriously thought of plunking our money down on would have been ‘Virtual Events’. <img class="alignleft size-full wp-image-2849" alt="Humanity + Virtual Reality" src="http://www.crowdedocean.com/wp-content/uploads/2013/05/Screen-Shot-2013-05-05-at-1.44.33-PM.png" width="285" height="242" />With the web becoming more and more visually ‘real’ and event budgets being the first item slashed in downturning economies, these hosted environments looked like the next big thing.</p>
<p>Fast-forward to today and we’re seeing our clients once again budgeting for physical events, from <em>DreamForce</em> and <em>Oracle World</em> to small, industry-specific events. As noted in previous blogs, we don’t advise our clients to attend trade shows in the traditional manner:  invest in a booth, bring your company to a halt in prep for the show as well as during the show, not to mention the image that a 10&#215;10 booth projects to prospects. <img class="alignleft size-medium wp-image-2851" alt="Screen Shot 2013-05-05 at 1.47.20 PM" src="http://www.crowdedocean.com/wp-content/uploads/2013/05/Screen-Shot-2013-05-05-at-1.47.20-PM-300x214.png" width="300" height="214" />It’s poor ROI, from our vantage point. What we do counsel them to do is to consider attending these shows and conducting their business ‘off-floor’, in suites where they can control the environment and look bigger than they are. And we have channel-focused clients that we encourage to participate in critical shows and conferences via their partner’s booth rather than their own.</p>
<p>Where does that leave virtual events?  Still trying to prove themselves, in our opinion.  We’ll keep an eye on them, to be certain, but we still think webinars and off-floor event participation is a better ROI for our</p>
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		<title>Startup marketing – is it a plan if it’s not written down?</title>
		<link>http://feedproxy.google.com/~r/CrowdedOceansBlog/~3/fBnRLbVz0gk/</link>
		<comments>http://www.crowdedocean.com/best-practices-2/startup-marketing-is-it-a-plan-if-its-not-written-down/#comments</comments>
		<pubDate>Wed, 01 May 2013 13:30:40 +0000</pubDate>
		<dc:creator>Crowded Ocean</dc:creator>
				<category><![CDATA[Best Practices]]></category>
		<category><![CDATA[Lessons Learned]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[Sales-Based Marketing]]></category>
		<category><![CDATA[Startup Marketing]]></category>
		<category><![CDATA[startup marketing]]></category>

		<guid isPermaLink="false">http://www.crowdedocean.com/?p=2831</guid>
		<description><![CDATA[Have you ever been called to a meeting to review a marketing plan and the owner of the plan shows up with notes and a “trust me” update? We ask is ourselves &#8212; is it a plan if there’s nothing &#8230; <a href="http://www.crowdedocean.com/best-practices-2/startup-marketing-is-it-a-plan-if-its-not-written-down/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
				<content:encoded><![CDATA[<p>Have you ever been called to a meeting to review a marketing plan and the owner of the plan shows up with notes and a “trust me” update? <strong>We ask is ourselves &#8212; is it a plan if there’s nothing written down? </strong></p>
<p><img class="alignleft size-medium wp-image-2835" alt="thinking, ideas" src="http://www.crowdedocean.com/wp-content/uploads/2013/04/thinking-ideas-264x300.png" width="264" height="300" />As we say over and over again to our startup clients, a marketing plan is the right balance of programs (PR, content, SEO, lead gen, lead nurturing, etc.) sequenced carefully to maximize the resources (people and dollars) for the maximum return (in lead generation.)</p>
<p>And each marketing program must have 3 elements: deliverables, deadlines and metrics.  If your marketing owner can’t translate their ideas into concrete programs with measurable outcomes, then there’s really no plan.  We wrote about this in an <a href="http://www.crowdedocean.com/best-practices-2/whats-a-program-anyway/">earlier blog post</a>.</p>
<p>That’s why probably our favorite saying in startup marketing is:  <strong>what gets measured gets funded. </strong></p>
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		<title>Why startups need LinkedIn and not Facebook</title>
		<link>http://feedproxy.google.com/~r/CrowdedOceansBlog/~3/-oP8rGybbmQ/</link>
		<comments>http://www.crowdedocean.com/best-practices-2/why-startups-need-linkedin-and-not-facebook/#comments</comments>
		<pubDate>Mon, 29 Apr 2013 13:30:00 +0000</pubDate>
		<dc:creator>Crowded Ocean</dc:creator>
				<category><![CDATA[Best Practices]]></category>
		<category><![CDATA[High-Tech Marketing]]></category>
		<category><![CDATA[Sales-Based Marketing]]></category>
		<category><![CDATA[Startup Marketing]]></category>
		<category><![CDATA[LinkedIn]]></category>
		<category><![CDATA[social channels]]></category>
		<category><![CDATA[startup marketing]]></category>

		<guid isPermaLink="false">http://www.crowdedocean.com/?p=2820</guid>
		<description><![CDATA[Over and over again, we see startups focusing their social media efforts on Facebook over LinkedIn. Hiring, customer acquisition and market awareness are top priorities for every one of our clients and we think those needs are better served by &#8230; <a href="http://www.crowdedocean.com/best-practices-2/why-startups-need-linkedin-and-not-facebook/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
				<content:encoded><![CDATA[<p>Over and over again, we see startups focusing their social media efforts on Facebook over LinkedIn. Hiring, customer acquisition and market awareness are top priorities for every one of our clients and we think those needs are better served by LinkedIn.</p>
<p><img class="alignleft size-medium wp-image-2824" alt="Screen Shot 2013-04-28 at 10.44.18 AM" src="http://www.crowdedocean.com/wp-content/uploads/2013/04/Screen-Shot-2013-04-28-at-10.44.18-AM-298x300.png" width="298" height="300" /></p>
<p>Numbers can be deceiving. LinkedIn has more than 200 million profiles and Facebook has more than a billion pages or users. But LinkedIn is clearly the network for business professionals and it is the word-of-mouth engine that can reach a highly qualified audience.  <strong>Here are 3 reasons your startup team should invest in LinkedIn</strong>:</p>
<p>1. LinkedIn is the home of business professionals and professional groups.  According to <a href="http://www.wired.com/business/2013/04/the-real-reason-you-should-care-about-linkedin/"><i>Wired</i></a>, LinkedIn makes over half of its revenue from the tools and solutions it provides to recruiters. <strong>More than 16,000 companies pay for LinkedIn’s recruiter service.</strong> <b>If talent is key to scaling your startup, then your recruiter is going to be using LinkedIn because it’s the number one resource for finding the best people. </b>Remember that the talent you want to attract who are already on LinkedIn are also going to be vetting your company and leaders on LinkedIn.  So be there</p>
<p>2. Think of LinkedIn as a free word-of-mouth network to promote the progress of your startup. Consider the “update” field available on each individual’s profile.  Your employees can feature your startup’s Twitter handle in their own profile.  They can also connect the company blog to their profile.  (While it may run counter to your startup’s culture to ask employees to do this.  It’s reasonable to show them that it can be done.)  <strong>In other words, employees can use their own profile to promote the unique value proposition of your startup.</strong> <b>By posting updates to their own profiles, employees can help promote news that drives visibility and customer interest. </b>That’s information like new product, services, case studies, and job openings. In addition, there’s the company page on LinkedIn that every startup should keep up to date with the latest news.</p>
<p>3. Groups on LinkedIn are another free option that startups often overlook. <strong>Think of them as SIGs (special interest groups) that your company can tap.</strong> Depending upon the technical level of your target, <b>consider naming an individual on your startup team to own building and engaging a community via a LinkedIn Group with timely postings of content.</b> That community can be a source of future customers, partners or employees.</p>
<p>According to a recent study, <a href="http://boss.blogs.nytimes.com/2013/04/23/putting-a-dollar-value-on-a-facebook-fan/?ref=smallbusiness">the value of fans on LinkedIn</a>, compared to Facebook, is greater for higher price point products. This is yet another reason that LinkedIn trumps Facebook as a social network that delivers access to critical stakeholders.  With limited resources and time, focus is paramount for every startup and that’s why we vote for LinkedIn over Facebook.</p>
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		<title>Startup Marketing: the Pros and Cons of Stubbornness</title>
		<link>http://feedproxy.google.com/~r/CrowdedOceansBlog/~3/KiK1lK0sgBI/</link>
		<comments>http://www.crowdedocean.com/best-practices-2/startup-marketing-the-pros-and-cons-of-stubbornness/#comments</comments>
		<pubDate>Thu, 25 Apr 2013 13:15:47 +0000</pubDate>
		<dc:creator>Crowded Ocean</dc:creator>
				<category><![CDATA[Best Practices]]></category>
		<category><![CDATA[High-Tech Marketing]]></category>
		<category><![CDATA[Lessons Learned]]></category>
		<category><![CDATA[Sales-Based Marketing]]></category>
		<category><![CDATA[Startup Marketing]]></category>
		<category><![CDATA[startup CEOs]]></category>
		<category><![CDATA[startup marketing]]></category>

		<guid isPermaLink="false">http://www.crowdedocean.com/?p=2815</guid>
		<description><![CDATA[We’ve worked with over 30 startups and, different as they are in type of technology, culture and geography, they have one thing in common:  CEOs that are sure of themselves. This common trait makes all the sense in the world: after &#8230; <a href="http://www.crowdedocean.com/best-practices-2/startup-marketing-the-pros-and-cons-of-stubbornness/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
				<content:encoded><![CDATA[<p>We’ve worked with over 30 startups and, different as they are in type of technology, culture and geography, they have one thing in common:  <strong>CEOs that are sure of themselves.</strong> This common trait makes all the sense in the world: after all, we’re referred into these accounts in most cases by their VCs, which means these guys have run the gauntlet, persisted in the face of tough odds, and had to handle all kinds of doubt and initial skepticism. So you can understand why these guys are often stubborn as hell.</p>
<p>The key to long-term success, however, for these CEOs, is to temper their stubbornness—or in some cases, lose it altogether—once the company is up and running. Why? Two reasons, really. The first is self-preservation: VCs are now invested in the company, and they expect their counsel to be, if not immediately heeded, at least considered. They may respect some initial stubbornness, but <strong>over the long run a stubborn startup CEO often becomes a deposed startup CEO.</strong></p>
<p>The second reason is that, at some point in running a company, a CEO has to defer to people who know more than he/she does.  In the early days, where they have to do everything for themselves—and it’s all about the technology and the market—there aren’t too many people who fit this description. But when it comes to Marketing, for example, we have to explain to them that, while we’ll never know as much about their technology as they do, they’ll never know as much about Corporate Marketing as we do. It’s a tough conversation to have, especially since they pay our bills, but it’s a necessary one if the company—and the CEO—are to have long-term success.</p>
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		<title>Stay current with 4 new startup marketing terms</title>
		<link>http://feedproxy.google.com/~r/CrowdedOceansBlog/~3/smxzUZMMq38/</link>
		<comments>http://www.crowdedocean.com/best-practices-2/stay-current-with-3-new-startup-marketing-terms/#comments</comments>
		<pubDate>Mon, 22 Apr 2013 13:30:29 +0000</pubDate>
		<dc:creator>Crowded Ocean</dc:creator>
				<category><![CDATA[Best Practices]]></category>
		<category><![CDATA[High-Tech Marketing]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[New Marketing Terms]]></category>
		<category><![CDATA[Startup Marketing]]></category>
		<category><![CDATA[startup marketing]]></category>
		<category><![CDATA[zombie startups]]></category>

		<guid isPermaLink="false">http://www.crowdedocean.com/?p=2776</guid>
		<description><![CDATA[Here are 4 terms to keep you current with the latest in startup marketing lingo: Hamburger buttons – in UI design, app developers have developed three overlaying fat lines – representing buns and filling – that are pressed by the &#8230; <a href="http://www.crowdedocean.com/best-practices-2/stay-current-with-3-new-startup-marketing-terms/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
				<content:encoded><![CDATA[<p>Here are 4 terms to keep you current with the latest in startup marketing lingo:</p>
<p><strong>Hamburger buttons</strong> – in UI design, app developers have developed three overlaying fat lines – representing buns and filling – that are pressed by the use to release a sliding pane from the side of the screen.  <a href="http://online.wsj.com/article/SB10001424127887324392804578358730990873670.html?mod=WSJ_business_LeadStoryCollection">This, and other UI innovations</a> are helping drive mobile usage.</p>
<p><strong>Zombie startups</strong> – startups that have just enough capital to keep going, but not enough to invest to scale or grow fast enough to secure another round of financing or to exit by being acquired or going IPO are called <a href="http://online.wsj.com/article/SB10001424127887324323904578368313767542352.html?mod=WSJ_Tech_MIDDLETopNews">zombies</a>.</p>
<p><strong>Wallet apps</strong> – the <a href="http://blogs.wsj.com/accelerators/2013/03/21/two-things-ceos-must-get-right/">digital wallet wars</a> involve the ecosystem of merchants, payment providers (Visa, American Express, etc. Mastercard), and third-parties (Paypal, Square and Google) that are racing to win the hearts of consumers.  Watch for more action in this hot space.</p>
<p><strong>Non-practicing entities (NTEs)</strong> &#8212; also known as &#8220;patent trolls,&#8221; <a href="http://online.wsj.com/article/SB10001424127887323820304578408790085259404.html?mod=WSJ_Tech_LEFTTopNews">NTEs</a> make money off of patents while doing little to innovate or build product themselves. New organizations like Unified Patents are rising up against the NTEs and are being cheered by Silicon Valley.</p>
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