About
Contributions
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You’re starting an online business. How can you measure your success?
Ultimately, the success of any business is based on two KPIs: Customer Lifetime Value (CLV) and Customer Acquisition Costs (CAC). These are the two most important metrics to monitor. Let's break it down: CLV depends on your average order value, the repeat purchase rate and your customer's lifespan. I like to boil that down to the average gross margin divided by the churn rate. CAC is your marketing and sales costs per acquired new customer. Functioning business models typically run on a CLV/CAC ratio of 3-4 leaving enough room for Opex, Capex and net profit. Younger, more aggressively growing companies often aim for a CLV/CAC ratio of 1-2 but it's hard to be profitable at this ratio.
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You're struggling to find the best email marketing software for your business. What are your options?
Make sure to avoid data silos. Email marketing is only as strong as the data it is based on. Good solutions offer their own CRM or CDP or at least integrate flawlessly with external solutions. This way, you can use your data holistically in one place creating highly targeted and relevant user experiences. Marketing automation and AI is a great way to bring this data together to personalize, segment and trigger emails efficiently.
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You're struggling to market your small business. What are the most effective automation tools?
$30+ ROI for every dollar spent, an open protocol, full control over your customers' data and widely accepted. Email is still the number one online marketing channel and it will stay this way for a while. If you want to make your EMM successful, make sure your email is as relevant as possible: that means sending the right content to the right user at the right point in time. Use personalization, segmentation, AI or programmatic solutions like send-at-best-time, transactional or trigger emails, set up workflows through marketing automation and combine data with your CRM, e-commerce solution or CDP.
Activity
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Attending Collision Conf with my startup, Kera, was an incredible experience. I had the opportunity to make numerous connections and meet many…
Attending Collision Conf with my startup, Kera, was an incredible experience. I had the opportunity to make numerous connections and meet many…
Liked by Steffen Schebesta
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I am thrilled to announce that I have been nominated French Foreign Trade Advisors as part of the USA North West team. It is an honor to collaborate…
I am thrilled to announce that I have been nominated French Foreign Trade Advisors as part of the USA North West team. It is an honor to collaborate…
Liked by Steffen Schebesta
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Über 200 Bewerbungen, nur 21 Plätze ... – und ich wurde als Speaker ausgewählt 🤯🤯🤯 Es ist das 10. Jubiläum der OMT-Konferenz. Wer sie kennt…
Über 200 Bewerbungen, nur 21 Plätze ... – und ich wurde als Speaker ausgewählt 🤯🤯🤯 Es ist das 10. Jubiläum der OMT-Konferenz. Wer sie kennt…
Liked by Steffen Schebesta
Experience & Education
Volunteer Experience
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Founder and Member
Young Leaders Think Tank
- 8 months
Economic Empowerment
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Founder and Board Member
Human Rights Logo
- Present 9 years 8 months
Human Rights
Projects
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Newsletter2Go
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Newsletter2Go is an email marketing software as a service focused on the European market.
Over the last years, Newsletter2Go has grown rapidly and is now providing an easy-to-use and powerful tool to over 80,000 happy clients.
With over 40 plugins, extensions and add-ons to external e-commerce, CRM and CMS systems, Newsletter2Go integrates within minutes making it a breeze to create professional eblasts and newsletters.
Other creatorsSee project
Honors & Awards
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Top 10 Graduate
University of Technology Berlin
Languages
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German
Native or bilingual proficiency
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English
Native or bilingual proficiency
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Spanish
Limited working proficiency
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French
Limited working proficiency
Organizations
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Entrepreneurs' Organisation
Berlin Chapter
- Present
More activity by Steffen
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Ladies and Gentlemen, it's showtime! Die Woche ist vollbepackt mit tollen Sachen, die das Leben schöner machen - hinein ins EUROBIKE Show feeling!😍…
Ladies and Gentlemen, it's showtime! Die Woche ist vollbepackt mit tollen Sachen, die das Leben schöner machen - hinein ins EUROBIKE Show feeling!😍…
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Nous sommes déjà en juillet ! Le temps passe si vite lorsque les agendas sont tous bien remplis. 🚀 La semaine dernière, la Senior Leadership Team…
Nous sommes déjà en juillet ! Le temps passe si vite lorsque les agendas sont tous bien remplis. 🚀 La semaine dernière, la Senior Leadership Team…
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Happy first week of July! Can you believe we're already halfway through the year? 🤯 Time flies when you're making moves! With that in mind, the…
Happy first week of July! Can you believe we're already halfway through the year? 🤯 Time flies when you're making moves! With that in mind, the…
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Yesterday, thanks to EO Berlin and YPO, I had the chance to spend an evening with Dr. med. Eckart von Hirschhausen : and my key takeaways are not…
Yesterday, thanks to EO Berlin and YPO, I had the chance to spend an evening with Dr. med. Eckart von Hirschhausen : and my key takeaways are not…
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🚀 Join Our Team at Brevo! 🚀 We're looking for a motivated Business Development Representative (BDR) to identify new business opportunities, engage…
🚀 Join Our Team at Brevo! 🚀 We're looking for a motivated Business Development Representative (BDR) to identify new business opportunities, engage…
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Wie kommt das Bundesverfassungsgericht eigentlich zu seinen Entscheidungen? Aus Anlass von 75 Jahren #Grundgesetz starten wir eine neue Reihe im…
Wie kommt das Bundesverfassungsgericht eigentlich zu seinen Entscheidungen? Aus Anlass von 75 Jahren #Grundgesetz starten wir eine neue Reihe im…
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It was a wrap last week at #CollisionCon in Toronto! It was great to meet passionate startups, discuss monetization for SaaS and other digital goods,…
It was a wrap last week at #CollisionCon in Toronto! It was great to meet passionate startups, discuss monetization for SaaS and other digital goods,…
Liked by Steffen Schebesta
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Wie kann man junge Menschen für Jura begeistern und ihnen das juristische Handwerkszeug beibringen? Wie schon im vergangenen Semester darf ich auch…
Wie kann man junge Menschen für Jura begeistern und ihnen das juristische Handwerkszeug beibringen? Wie schon im vergangenen Semester darf ich auch…
Liked by Steffen Schebesta
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Met some fantastic investors, great people and amazing startups with a strong social impact for the benefit of all people!
Met some fantastic investors, great people and amazing startups with a strong social impact for the benefit of all people!
Liked by Steffen Schebesta
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Just landed in Toronto. Excited to see what's in store and meet Shopify partners at editions.dev Brevo and PushOwl in the house. #shopify #brevo…
Just landed in Toronto. Excited to see what's in store and meet Shopify partners at editions.dev Brevo and PushOwl in the house. #shopify #brevo…
Liked by Steffen Schebesta
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It’s been an amazing week for the entire Marro Technologies team at Collision Conf in Toronto!!! Excited to continue our work globally and expand our…
It’s been an amazing week for the entire Marro Technologies team at Collision Conf in Toronto!!! Excited to continue our work globally and expand our…
Liked by Steffen Schebesta
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