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Introduction to Growth Hacking

Introduction to growth hacking

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Page 1: Introduction to growth hacking

Introduction

to

Growth Hacking

Page 2: Introduction to growth hacking

A growth hacker is a person whose true north is growth.

Everything they do is scrutinized by its potential impact on scalable

growth.

Sean Ellis Growth advisor at Dropbox

Coined the term “growth hacking” in 2010

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The Hotmail example

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The Hotmail example

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The Hotmail example

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The Hotmail example

“PS: I love you, get your free email

at hotmail”

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The Hotmail example

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The Airbnb example

Brian Chesky, Joe Gebia, Nathan Blecharcyk

2007

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The Airbnb example

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The Airbnb example

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The Airbnb exampleCraigslist integration

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The Airbnb exampleCraigslist integration

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The Airbnb exampleCraigslist Bot

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The Airbnb example

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This is

Growth Hacking

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Analytics Are

Key

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AARRRQuora example

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AARRRQuora example

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AARRRQuora example

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AARRRQuora example

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AARRRQuora example

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Know your metrics

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Know your metricsTools

Traffic: Google Analytis

User behavior: Mixpanel, KISSmetrics

Attribution tracking: UTM tags, BranchMetrics

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Know your metricsOne metric that matters

Facebook: 10 friends in 7 days

Twitter: following 30 people

Secret: 90% of users that engage in a conversation come back within the week

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how to improve this metric? the growth process

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The growth process

1. Define actionnable goals (based on data)

2. Implement analytics to track your goals.

3. Prioritize: Probability of Success, Impact & Ease (PIE)

4. Build it

5. Measure: Gauge success of new features.

6. Understand the results and do it again.

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growth tactics

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Growth tacticsAcquisition channels

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Growth tacticsacquisition: Piggy backing

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Growth tacticsacquisition: scarcity

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Growth tacticsacquisition: scarcity

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Growth tacticsacquisition: fake it ’til you make it

PayPal used bots that bought from eBay merchants and asked to use PayPal.

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Growth tacticsacquisition: fake it ’til you make it

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Growth tacticsactivation: AB Testing

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Growth tacticsactivation: AB Testing

Tools: Optimizely, Unbouce, Vanity (RoR)

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Growth tacticsactivation: onboarding

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Growth tacticsactivation: personalize onboarding

Tools: Branch Metrics, Yozio

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don’t fill a leaking bucket

retention is king

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Growth tacticsretention: personalized emails

Tools: Vero, Customer.io, Iterable

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Growth tacticsretention: gamification

Foursquare

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Growth tacticsretention: building a habit

Shopkick

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Growth tacticsrevenue: urgency and scarcity

booking.com

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Growth tacticsreferral: dropbox

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Growth tacticsreferral: lyft

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growth hacking is a

mindset

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Thank you!

http://growthbakery.com

[email protected] @adrienm