Around 50 million startups are created yearly, but only about 10% of those succeed in the long run. That’s why early-stage startups must grow fast.
The competition is intense; making your mark in your industry means carving it out yourself. That’s where successful marketing comes in.
One early-stage company was able to use marketing to its advantage using the help of Fractional CMO Chris Daniello to establish a robust revenue model.
The company was ambitious and had substantial funding. Still, they were struggling to translate that funding into sustainable revenue streams and establish a strong foothold in their target market while managing lean resources effectively.
Let’s explore how they overcame those challenges and emerged even more profitable.