growth hacking tactics for 2015: hands-on workshop san francisco
TRANSCRIPT
Desire n
Sponsors
Growth Hacking Tactics for 2015
Nate Desmond Growth Marketer
Adecco at YouTube
Agenda
• Intro: Growth Hacking Frameworks • Content Marketing Tactics • Webinars (Guest: Vasil) • Growth Challenge • Email Marketing • Conversion Optimization (Guest: Jack) • Concluding Thoughts: What I Expect in
2015
About Me
I’m a growth professional who is fascinated by the intersection of marketing, data, and product design. I write to share my learnings with others, but my main focus is on practicing and testing various growth principles. Currently work on the growth marketing team at YouTube.
Getting Your First 1000 Users
The Mindset of a Growth Hacker
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‘A growth hacker is a person whose true north is growth.’
- Sean Ellis Dropbox, LogMeIn, etc
Growth marketers focus on…
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creative marketing
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for the customer’s entire life.
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To do that, we use data
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Privacy is
CRITICAL
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We also talk to our customers
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Surveys
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Customer Support
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All to identify problems
(i.e., opportunities)
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Hypothesize solutions
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And test the results
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Then repeat
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Five Takeaways
• Focus on growth • Talk with your customers • Study the data • Iden8fy problems • Find solu8ons
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Growth marketing
frameworks
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Framework #1 Your customer’s lifecycle
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Acquisition
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GrooveHQ: Once acquired 1k email subscribers in one blog post
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Activation
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Twitter: New users who follow others become more engaged
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Retention
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Evernote: Activated users almost never leave
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Referral
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Dropbox: Referrals increased their signups by 60%
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REVENUE!
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Facebook: Made $1.60 per user in Q2 2013
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Framework #2 Your company’s lifecycle
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Product/ Market Fit
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Currently in product/market fit stage: Oyster
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Achieved: 40% of customers would be “very disappointed” to lose access
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Transition to Growth
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Currently in transition to growth stage: Buffer
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Achieved: Continues indefinitely.
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Growth
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Currently in product/market fit stage: Growth
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Achieved: when scalable growth engine has been built
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Three Takeaways
• Measure flow through stages • Know which stage to focus on • Know your company’s stage
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Deep Dive: Content
Marketing
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How do you convert readers to customers?
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River Pools used content
marketing
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Reach The
Right People
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To do content marketing yourself…
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#1 Know Yourself
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‘If you know your enemies and know yourself, you will not be imperiled in a hundred battles.’
- Sun Tzu
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What will you measure?
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#2 Write Like It Doesn’t
Hurt
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Outline
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Stories
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Polish
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#3 Prepare for Publication
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Headlines
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Highlight Key Quotes
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Pictures
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Snopes Yourself
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Try Various Formats
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#4 Promote To Pieces
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Email People You Mentioned
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Ask Friends To Help
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Overshare
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Four Takeaways
• Know what success looks like • Make each ar8cle amazing • Market every ar8cle to death • Repeat: success is a road, not a gate
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It’s Hard, But Worth It
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Market Segmentation For
Fun And Profit
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Who’s Paul McCartney?
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Who’s Your Target Market?
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Test Market/ Channel Combinations
Desire n
Sponsors
Webinars Lean Demand Gen & How to Convert
Leads Into Customers
Vasil Azarov CEO
Startup Socials
Desire n
REGISTER FREE>> bit.ly/Growth2015
Recommended Webinar
Desire
REGISTER FREE>> bit.ly/Growth2015
Webinars Lean Demand Gen & How to Convert
Leads Into Customers
Vasil Azarov CEO
Startup Socials
Agenda
• Why Webinars? • 4 Building Blocks Of A Successful Webinar • How To Promote • How To Convert • Webinar Hacks
Why Webinars?
#startupmarketingconf @vasilazarov
Why Webinars?
Brand Awareness
Why Webinars?
Thought Leadership
Why Webinars?
List Building
Why Webinars?
Loyal and Qualified Leads
Why Webinars?
Conversion Rate
4 Building Blocks Of A Successful Webinar
#startupmarketingconf @vasilazarov
4 Building Blocks Of A Successful Webinar
#1 Community
4 Building Blocks Of A Successful Webinar
#2 Topic+ Speaker/Thought Leader
4 Building Blocks Of A Successful Webinar
#3 Marketing/Distribution
4 Building Blocks Of A Successful Webinar
#4 Experience/Execution
Webinars: How to Promote
#startupmarketingconf @vasilazarov
Email List
Webinars: How to promote
Website/Blog
Webinars: How to promote
Facebook Ads + Groups
Webinars: How to promote
Partner Network
Webinars: How to promote
Webinars: How to Convert
#startupmarketingconf @vasilazarov
Webinars: How to Convert
Attention
Webinars: How to Convert
Interest
Webinars: How to Convert
Desire Desire
Webinars: How to Convert
Desire Action
Webinars: How to Convert
Desire n Indirect Sell: Follow Up
Webinars: How to Convert
Desire “I don’t sell often, but when I do… I SELL HARD.” -Derek Halpern, Social Triggers
Webinar Hacks #startupmarketingconf
@vasilazarov
Meetup
Webinar Hacks
EventBrite
Webinar Hacks
Webinar Hacks
Personal Touch
Webinar Hacks
Webinar Hacks
Generate Buzz
Key Takeaways
Build
Promote
Convert
Innovate
THANK YOU!
#startupmarketingconf
STAY IN TOUCH!
#startupmarketingconf
[email protected] (415) 902-8155 mobile twitter @vasilazarov www.linkedin.com/in/vasilazarov facebook.com/vasilazarov Skype vasil.azarov
Getting Your First 1000 Users
Growth Challenge:
Your Target: 10,000 available rentals by end of year
Price: $300-‐$700 Idea: Airbnb for boats Constraints: Focus just on geOng more boats available for rent
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Deep Dive: Using Email
Lists To Convert
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#1 Write Killer Copy
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Subject Line
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One Goal
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Create Your Style
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Most Readers Skim
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Clear Call-To-Action
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A/B Test Variations
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#2 List Hygiene
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Keep It
Warm
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Remove Inactive Users
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#3 Going Advanced
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Segment Your List
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Automate
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Four Takeaways
• Put the user first • Keep it simple • Make each email an A/B test • Do you even automate?
Funnel Optimization What is the best path from A to B?
Jack Macy Co-Founder
CSTMR
Agenda
• Funnels & collecting data • Foundation for optimization • Collecting input and feedback • Setting a baseline for your goals • Testing and optimizing
About Me
Jack Macy Co-Founder of CSTMR Product and UX Design Lead • UX / Visual / Product designer at heart • Intersection of marketing and product • Lots of time spent in analytics, testing
Funnels
Goal: Get from A to B Funnels goals are diverse
• Create an account • Sign up • Buy something • Upgrade • ‘Follow’ Us • Subscribe • Choose a plan • or just start playing/interacting • ….and many more.
User Data
REQUIRED
1
What data is absolutely required to
meet your goal?
IMPORTANT
2
What data is really important but isn’t
required?
NICE-TO-HAVE
3
What data is not critical but would be
nice to have?
3 Data Buckets
User Data
SOME vs ALL
Do you ask for bits of data one step at a time or all at once?
# OF STEPS
Do you break up data collection over
multiple steps or all in a single step?
3RD PARTY
Are you able to pull data from other sources – social graphs, data
providers, etc.?
Collecting the Data
User Data
User data
Track Everything
Step Completion Actions & Events
1 2 3 !
Build It
Start with a Hypothesis • Based on your context/market • Based on your audience • Mimic growing, successful, testing-oriented
companies • Competitive research • A/B testing case studies
• Use familiar elements and patterns • Start with one funnel
Validate
Get Feedback: Early & Often • Test your assumptions at every step
• wireframes • design mock-ups • prototype • in-person or remote user testing • version A vs version B
• Quickly identify problem areas and improve before you build
Funnel Baseline
VISIT / USAGE
Channels Segments Behavior
Goals
CLICKS
Distribution Heatmaps Click maps
EVENTS
Form fields Button taps/clicks
Navigation
Baseline Data: Quantitative
Funnel Baseline
RECORD SESSIONS
Watch users mouse movements, scrolling, clicks as they move through your site.
USABILITY TESTS
Ask users to complete tasks, narrate out loud,
and share their first impressions.
Baseline Data: Qualitative
FEEDBACK
Fresh feedback from real users via surveys
and your support desk tickets.
Testing
If we change _______ , users will more often ________ .
Form a Test Hypothesis
1
BASIS
Problems areas seen in data and potential wins
from best practices.
TEST PLAN
Test large and small deviations along a test plan (e.g. start wide then narrow)
Testing
A/B TESTING
Pick the right platform for the job Limit your testing within the funnel
Follow statistical significance Test new users
It’s Test Time!
Testing
LAYOUT
Ordering of options Left v Right
Hide/Show elements Full page layouts
CONTENT
Headlines Video
Reassurance/Trust Long v Short
What to test?
OFFERS
Pricing & discounts Special terms Time-sensitive Use of “free”
FORMS
All vs Some data # of Steps
Types of inputs
CTAs
Copy Tests Button variations Arrows & icons
DESIGN
Colors Photos & graphics
White space
Testing
Test Again … and Again … • Follow a testing plan over time • Next comes segment and audience testing
• channels • campaigns • geo • device • referring source • … and review your data for
underperformers • Create unique funnels as needed
• distinct funnels or one dynamic funnel
Key Takeaways
1. Set up good, reliable ways to measure your funnel performance.
2. Utilize quantitative AND qualitative data
• Watch people use your site/app!
3. Build an informed hypothesis for your funnel and tests.
4. Put together a test plan and gather great ideas.
5. Refine methodically over time.
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Concluding Thoughts:
What I Expect in 2015
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Getting Your First 1000 Users
Personalization will be taken further than
ever before
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Transparency will not be optional
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Content marketing will grow
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Relational will trump transactional
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Big data becomes big insights
THANK YOU!
#startupmarketingconf
STAY IN TOUCH!
#startupmarketingconf
Vasil @vasilazarov
Nate @natedesmond
Jack @ycamjak