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Growth Hacking

Growth Hacking at SPN

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Page 1: Growth Hacking at SPN

Growth Hacking

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@AlexJubienMobile Strategist

ThinkMobile.fr

Pioneer of mobile 12 years ago

Apps & Mobile Startups expert

Previously Head of Mobile at Viadeo

Previously Head of Mobile at Deezer

Mobile Strategist, Speaker, Lecturer, Trainer, Startups Coach & Advisor

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And also, in 2005/2006, I screwed up my startup

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But since, a lot of theory appeared…

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What is a Start Up?

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Standard company

Linear growth

Revenue / users

Time

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Startups

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Facebook

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Airbnb & Uber

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Exponential Growth

Revenue / users

StartUp

Time

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Goals

Product / Market fit Gr

owth

Revenue / users

Time

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C’est quoi le Product / Market fit ?

https://www.youtube.com/watch?v=WkoYtenAZMs

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Goals

Revenue / users

Grow

th

Time

Product / Market fit

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Methodologies

Lean Startup / Customer

Development Grow

th H

acki

ng

Revenue / users

Time

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Growth Hacking?

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& PSYCHOLOGY

Growth Hacking

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Hotmail

• Founded in 1996 by Sabeer Bhatia & Jack Smith,

immediate Product / Market fit

• Raised 300 K$, spending in billboard & radio ads

• Was growing slowly (10K users)

• Investor Timothy Draper came with an idea…

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PS: I love you

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6 months => 1 million users

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Warning: it does not last forever

Most Growth Hacks ‘Expire’ Over Time

mainly due to

overuse / abuse

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But expired growth hacks still can be used creatively

Warning: it does not last forever

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YouTube embed

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YouTube embed

• Let people easily embed videos

• Made it the best way to share

• Every embed is sort of an ad for YouTube

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• Supply side hack: used Craigslist to source

listings and emailed the home owners

/

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• Demand side hack = button

« also publish on Craigslist »

• Links on Craigslist were pointing

back to Airbnb

/

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• Users LOVE it - Product / Market fit

• 0 to 100K users in 2 years

• To acquire 1 user by paid channels, it

costs 200$ to 400$

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Yourself, how did you discover Dropbox?

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/ referral

• 100K users to 4 million in

15 months

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#FrenchTech

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PR = Press Relation

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PR = Page Rank

6

(went up to 8!)

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PRs + SEO

Artists, albums, playlists, tracks, …

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PRs + SEO

Artists, albums, playlists, tracks, …

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Download  Deezer

Launch  App

Social2App

App Store

App

acqu

isition

retention

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Viral Loop

App Store

App

acqu

isition

retention

Get your users advertising for you

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?

• 2 billions searches on Google per day

• Hot topics for young people - it’s always on

• What if you could predict the trend and

create content on the fly to match it?

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• Page Rank 6

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So, how did you discover

LeBonCoin?

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Virality Is All About Word Of Mouth

• Hard to generate artificially

• Sharing on social networks = digital version of WoM

• Mutual benefit for sharer and viewer

• How psychology behind WoM works

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AARRR

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Rallying cry

AAR R R III...

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AARRR

ACQUISITION

ACTIVATION

RETENTION

REVENUE

REFERRAL

Startup Metrics For Pirates

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AARRR

ACQUISITION

ACTIVATION

RETENTION

REVENUE

How do users find us?

Do users have a great 1st experience?

Do users come back?

How do we make money?

Do users tell others?

REFERRAL

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ACQUISITION

ACTIVATION

RETENTION

REVENUE

Love

Growth

Money

REFERRAL

Without Love, There’s No Hope

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Growth: Spread The Love

• Acquisition is not (just) about buying users!

• Organic: Spend 0, Get Some

• Paid: Spend 1, Get 1

• Growth hacked: Spend 1, Get Many!

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Action

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Measure it

• 1 sentence

• 1 conversion rate

• Or maybe 2 for each

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But we don’t have data!

• 1st, define what you need

• Try to find a way to measure it

• If no data or if not feasible to use it

=> Data don’t talk - people do

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Listen

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So far, are you enjoying

this talk?

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Would you

recommend it?

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1-­‐Acquisition People  who  visited  the  SPN  event  page 100  %

2-­‐Activation People  who  registered  on  Eventbrite  People  who  actually  came  up

?  ?

3-­‐RetentionPeople  that  are  still  here  /  mid  talk  (some  may  have  run  away  already!)  

People  ready  to  come  next  time?

4-­‐Referral People  who  would  recommend  it ?

5-­‐Revenue Who’s  gonna  pay  me  a  drink?   :-­‐)

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To listen, you need to ask 1st

(Example from ASO world - App Store Optimization)

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Stop Begging For Ratings & Reviews

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The right way to ask users to review your app

ASO: Hack Ratings

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ASO: Hack Ratings

The right way to ask users to review your app

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LeKiosk use case

!!!

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Native Prompts

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Ratings

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And Sharings!

25% 75%

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NPS - Net Promoter Score

• Please rate our service from 1 to 10 • How likely are you to recommend our service to your peers? 1 (never) -10 (very likely)

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Ask people that are likely to recommend you to effectively do it!

(rating, sharing, testimonial, referral…)

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‘Listen’ tools

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• Symmetric bonuses - « Give 10£, Get 10£ »

• Streamline and optimize the whole flow

• Choose the right moment to push it

Referral Program

Slides - Optimize your referral flow

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Landing Pages

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Apps’ landing pages

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Tonight

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KissMetrics

• Great tool (analytics)

• Great blog - link

• Great Slideshare - link

• A beginner’s guide to landing pages - link

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Tools

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A/B Testing

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http://fr.slideshare.net/_TheFamily/growth-­‐hacking-­‐paris-­‐21/

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http://fr.slideshare.net/_TheFamily/growth-­‐hacking-­‐paris-­‐21/

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http://fr.slideshare.net/_TheFamily/growth-­‐hacking-­‐paris-­‐21/

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Hack Expectation

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Coming Soon

• Collect leads / email addresses

• You’ll email them at launch

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People Want What They Can’t HaveScarce access and curiosity can make it viral

Invite people for earlier access

Invite only!

Elements of a viral launch page

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Inbound Marketing and Email

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Content Is King

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Content

• Create value / solve problem for your users

• Mix of your content and curated content

• Blog / SEO

• FB-Twitter-Linkedin-G+ & Slideshare

• Email / Newsletter

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Email

• Your visitors might never come back

• Convert them into subscribers

• Email Marketing Guide - link  

• Content upgrade - link

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Build your email listPopups, Exit popup

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Automation & Tools

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Automation tools

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Social media

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GrowthTools.io

GrowthTools.io

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Resources

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Books

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Communities / sources

• GrowthHackers.com

• GrowthHacking.fr

• GrowthTribe.io

• Deux.io

• Meetup Growth Hacking Paris

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Read

• Growth Hacking - mindset, framework and tools - slides

• Growth Hacking Quick Wins - slides

• 21 user activation hacks you need to know - article

• 29 B2B Growth Hacks - The ultimate list

• The ultimate growth hacking sourcebook