Transcript
Page 1: Takeaways from Growth Hackers Conference 2013

Growth Hacking

Anil NarasipuramGrowth Hacker, Silicon Valley

Blurring the lines between marketing,

product and engineering

Page 2: Takeaways from Growth Hackers Conference 2013

User Thought Cycle

Page 3: Takeaways from Growth Hackers Conference 2013

User Life Cycle

Page 4: Takeaways from Growth Hackers Conference 2013

Look familiar?

Page 5: Takeaways from Growth Hackers Conference 2013

“Sustainable value only comes from real

user engagement”

Page 6: Takeaways from Growth Hackers Conference 2013

Key Growth Questions

• Purpose – What need do you solve?

• Inception – How can you make users aware?

• Adoption – How can you teach users to use it?

• Habits - How can we keep them using it?

Page 7: Takeaways from Growth Hackers Conference 2013

The only metric that really matters

• How many people are really using your product?

o At the frequency level you expect them (daily, weekly, hourly)

o Where you have confidence that most of them will come back over time

o Where you believe they are comfortable to pay as customers or with (enough) attention to advertisers

Page 8: Takeaways from Growth Hackers Conference 2013

1. Set Growth Goal

2. Understand Drivers

3. Optimize

Page 9: Takeaways from Growth Hackers Conference 2013

Growth Goal must be measurable

Not only measurable but measurable quickly

Page 10: Takeaways from Growth Hackers Conference 2013

Make it a single number

Page 11: Takeaways from Growth Hackers Conference 2013

Facebook : “10 Friends in 13 days”

Page 12: Takeaways from Growth Hackers Conference 2013

To understand growth drivers work backwards from your

goal

Page 13: Takeaways from Growth Hackers Conference 2013

Understand the steps /channels users use to get to the goal

• Through what pages do users complete tasks?How do users get to pages / flows?Are there differences in segments /channels?

• Sign ups – how are users getting to our site? What pages do they have to go through

Page 14: Takeaways from Growth Hackers Conference 2013

“Complexity is biggest barrier to

adoption,not price”

Page 15: Takeaways from Growth Hackers Conference 2013

Optimize each step / channel

• Reduce Friction – Make it simpler to do

• Increase Incentive – Give me a better reason to do it

• Increase Exposure – Ask me to do it more prominently, more often and in more places

Page 16: Takeaways from Growth Hackers Conference 2013

Build the right User State Model

Page 17: Takeaways from Growth Hackers Conference 2013

Ideal User

• Define ‘Ideal User’o retains month-over-montho generates high value actionso generates revenue

• Find YOUR definition - logins/month, actions/day, revenue/month

• User state model - optimize for ideal user

Page 18: Takeaways from Growth Hackers Conference 2013

Align yourself around the user

Page 19: Takeaways from Growth Hackers Conference 2013

“Choosing the right metric matters.

A lot.”

Page 20: Takeaways from Growth Hackers Conference 2013

“Transition away from short-term, local changes to

long-term, sustainable changes”

Page 21: Takeaways from Growth Hackers Conference 2013

Company growth culture

• Everyone should be on the growth team

• Culture change starts with great questions

• Growth is about:o Retentiono Failureo Patience


Top Related