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@growthamsterdam

What is Growth “Hacking”?
just a sexy word for digital marketing?

David Arnoux @darnocks
David vs Goliath
Over the past 200 years, when small
armies use unconventional methods
they won almost 2/3rds of the time

vs.

63.6% victory!
Unconventionial tactics

vs.
Why Growth “Hacking”?

•

Startups tend to have limited resources so they need to be very
creative to grow, acquire new users and retain them

•
•

Traditional marketing channels are expensive and saturated

•

Growth Hackers don’t really care about “brand awareness” they care
about ROI and finding out “what works”

•

It’s exciting and fun as hell!! It’s guerrilla warfare :)

Most startups focus heavily on product but the real challenge is with
distribution (Dave McClure, founder of 500 startups)
What is Growth Hacking?
What is Growth Hacking?
Growth Hacker vs. Digital Marketer
Let’s look at some examples...
PLATFORM INTEGRATION

thanks to @morganb
Airbnb
Airbnb
VIRAL GROWTH / REFERRALS

thanks to @morganb
Dropbox

2.8million invites sent in April 2010!

100k to 4mio users from 2008 to 2010!
DATA & TESTING
(conversion rate optimization)
(conversion rate optimization)
Your 2 best friends
Know where you’re losing visitors
(and money)
(and money)

Visited

Signed up

Activated

Referred
AB test your sign up forms!

(source: contentverve.com)
AB test your Value Proposition

12% conversion
AB test your Value Proposition

26% conversion
A/B test your copywriting

+60%
A/B test imagery and colors

(source: contentverve.com)
A/B test testimonials

(source: conversionxl.com)
A/B test referral pages

+200%
A/B test payment pages

+16% sales
A/B Test Usability
Growth Hacker tools

These have saved me from
learning to code :D
Be careful
•

There is no point in scaling if you have not reached product/market fit
(Sean Ellis recommends 40% of users should be “very disappointed to
lose your tool)

•

Some growth hacks are NOT sustainable so only apply to very early
stages

•

The term “Growth Hacking” is used for everything and anything
nowadays

•

It doesn’t really matter what you call it as long as it brings growth!
Thanks!
QA
QA
David Arnoux @darnocks

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What is Growth Hacking

Hinweis der Redaktion

  1. A great way to grow rapidly is to piggyback your growth off of an existing platform that already has massives numbers of users
  2. A lot of these examples are huge, but it doesn’t have to be that big, there’s another part of growth hacking that i love even more and that has to do with data and conversion rate optimization. And these are things you can start doing TODAY!