"Untraditional" growth channels for start ups

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Untraditional growth channels for start-ups

www.enhancv.com

Harmonizer-in-chief at Enhancv@volenvulkov

www.volenvulkvov.com

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START-UP = GROWTH

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ALMOST EVERY FAILED STARTUP HAS A PRODUCT. WHAT FAILED STARTUPS DON’T HAVE ARE ENOUGH CUSTOMERS

Gabriel WeinbergFounder, DuckDuckGo

DO YOU KNOW WHO ARE YOUR

CUSTOMERS?

DO YOU KNOW HOW TO REACH YOUR

CUSTOMERS?

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Start-up world example

Acquisition cost: $230

Product cost: $99

Profit per customer: -$131

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SOME WORDS

• Scale & Conversation Rate

• Metrics & KPI, CAC & LTV

• Growth Hacking, PR & Sales

• Channel

• Onboarding, User Journey, Cohorts and Segments

• Traction and Growth team

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THINGS BEFORE WE START

• No need of education, but it’s a lifelong learning

• Growth is a culture, not a department

• Think like a “black-hat SEO”

• People usually use the familiar ways

• The 50% rule

• Most websites does not convert

• Make a business not a start-up

Channels

1. Viral Marketing

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GOING VIRAL MEANS THAT EVERY USER YOU ACQUIRE BRINGS IN AT LEAST ONE OTHER USER: THAT NEW USER THEN INVITES ANOTHER USER, AND SO ON.

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Expectations vs Reality

$$ $$

TimeTime

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Shares

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Invites

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Built-in Features

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Import Contacts

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Embeds

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Powered by

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Takeaways

• Create a viral loop, not a viral acquisition tactic

• Improve your viral coefficient

• Viral Marketing is a product strategy, not a trick

• Keep seeding

• Do it simple

2. Outreach and PR

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Example

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THERE ARE WAY TOO MANY PEOPLE IN INTERNET MARKETING TODAY THAT THINK “GREAT CONTENT” IS ENOUGH.

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WHY?

• Cheap

• Trustworthy for customers

• Huge chances of going viral

• Dealing with Media makes everything easier

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Steps

• Think of a link-worthy & newsworthy content

• Research who writes on that topic

• Create a top-notch content

• Include info from other authors

• Don’t forget: make “convertible” content

• Reach the right people

3. Engineering as Marketing (Free Stuff)

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Example

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Steps

• Provide something of true value for free, with no strings attached

• Make that offering extremely relevant to your core business

• Demonstrate that value as quickly as possible

• Convert the users

4. Integrations

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MARKETING IS ALL ABOUT USING OTHER PEOPLE’S PLATFORMS

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Example

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HOW?

• Discover valuable integrations

• Ask your customers what products they use

• Create visuals & Reach the integrated products

• Create great partnership page and maintain the relationship with your partners

5. Paid Advertising

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Search Engine Marketing

• Predictable

• Harvest demand that exists now

• Easy to optimize

• Estimate return

• It’s tough, others give up easily

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Social & Display Ads

• Cheap

• Too much resources

• People think it’s saturated

• Platforms with a lot of users (StumbleUpon, Youtube)

• Create brand awareness

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Offline Ads

• Seek out remnant (i.e. left-over) ad inventory for the highest discounts

• Easy to test on a local level

• Underrated by most of the founders

• Offline media is the fastest way to go to the online media

6. Existing Platforms

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Use cases

7. Affiliate & Ambassadors

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Use cases

8. Company Culture(Community Building)

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THE BEST MARKETING STRATEGY EVER: CARE

Gary Vaynerchuck

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Use Cases

Questions?

vulkov@enhancv.com @volenvulkov

MARKETING IS EVERYTHING

Thanks!

vulkov@enhancv.com @volenvulkov

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