sebastian engelbrecht, simplesite, speaks @nordic growth hackers event #5

Post on 26-Jan-2017

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Global Marketing done LocallySebastian Vikkelsøe-Engelbrecht, CSOSimpleSite.com

Sebastian@SimpleSite.com

2

It’s Freebut we make a bit of moneyfrom Premium upgrades

SimpleSite Business model

3

Self-fueled Marketing Budget

MAXIMUM LifeTimeValue – LOWEST possible cost

Extreme focus on ROI

Data Driven

4Being Local

Acqusition byPartner Model

White Labels& Engagement Banners SEM (AdWords)

Going Global

AdWords

Bing

Yandex

Baidu

Etc.

(+ Social, Affiliate and SEO)

III
Click to go global

5

Know Your LTV and Delivery Costs

DO THE MATH

Determine and (decide) you Profit Margin

Identify LTV differentiations from Overall LTV

Profit Margin = LTV – CAC – Delivery Costs

Know and (determine) your CAC

6

If they speak your language and you can take their money - you can sell to them. The question is just how much.

Execute

We (currently) only use media we can measure 100% in terms of effect.

Optimize

7

SimpleSite Acquired Sales

Execute

Google Bing Facebook Yandex Baidu Affiliate Other

8WINS AND FAILS LESSONS

Affiliate Affiliate is growing rapidly as a channel.

FACEBOOK We got Facebook to ”work” in 2015.

SEM SEM works very well.

9WINS AND FAILS LEARNINGS

Partnership We had to suspend our Partnership activities.

Banners We have a hard time making ROI on Banners.

SEO We’re struggling to get SEO working.

10The Team

SantiOnline Marketing Specialist

SebastianCSO and ”Playing Coach”

Interns4 (paid) part time Interns

(all from CBS).

11

It’s possible to sell on all markets/channels (question is just – how much)

Know Your CAC and Life Time Value (Identify where LTV varies and ”box” it)

Optimize, Optimize, Optimize (and then start all over)

Bonus:Localizations don’t (necessarily) require full language support (partially translation might often do the trick)

3 Key Take-Aways

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