Growth Hacking at SPN

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Transcript of Growth Hacking at SPN

Growth Hacking

@AlexJubienMobile Strategist

ThinkMobile.fr

Pioneer of mobile 12 years ago

Apps & Mobile Startups expert

Previously Head of Mobile at Viadeo

Previously Head of Mobile at Deezer

Mobile Strategist, Speaker, Lecturer, Trainer, Startups Coach & Advisor

And also, in 2005/2006, I screwed up my startup

But since, a lot of theory appeared…

What is a Start Up?

Standard company

Linear growth

Revenue / users

Time

Startups

Facebook

Airbnb & Uber

Exponential Growth

Revenue / users

StartUp

Time

Goals

Product / Market fit Gr

owth

Revenue / users

Time

C’est quoi le Product / Market fit ?

https://www.youtube.com/watch?v=WkoYtenAZMs

Goals

Revenue / users

Grow

th

Time

Product / Market fit

Methodologies

Lean Startup / Customer

Development Grow

th H

acki

ng

Revenue / users

Time

Growth Hacking?

& PSYCHOLOGY

Growth Hacking

Hotmail

• Founded in 1996 by Sabeer Bhatia & Jack Smith,

immediate Product / Market fit

• Raised 300 K$, spending in billboard & radio ads

• Was growing slowly (10K users)

• Investor Timothy Draper came with an idea…

PS: I love you

6 months => 1 million users

Warning: it does not last forever

Most Growth Hacks ‘Expire’ Over Time

mainly due to

overuse / abuse

But expired growth hacks still can be used creatively

Warning: it does not last forever

YouTube embed

YouTube embed

• Let people easily embed videos

• Made it the best way to share

• Every embed is sort of an ad for YouTube

• Supply side hack: used Craigslist to source

listings and emailed the home owners

/

• Demand side hack = button

« also publish on Craigslist »

• Links on Craigslist were pointing

back to Airbnb

/

• Users LOVE it - Product / Market fit

• 0 to 100K users in 2 years

• To acquire 1 user by paid channels, it

costs 200$ to 400$

Yourself, how did you discover Dropbox?

/ referral

• 100K users to 4 million in

15 months

#FrenchTech

PR = Press Relation

PR = Page Rank

6

(went up to 8!)

PRs + SEO

Artists, albums, playlists, tracks, …

PRs + SEO

Artists, albums, playlists, tracks, …

Download  Deezer

Launch  App

Social2App

App Store

App

acqu

isition

retention

Viral Loop

App Store

App

acqu

isition

retention

Get your users advertising for you

?

• 2 billions searches on Google per day

• Hot topics for young people - it’s always on

• What if you could predict the trend and

create content on the fly to match it?

• Page Rank 6

So, how did you discover

LeBonCoin?

Virality Is All About Word Of Mouth

• Hard to generate artificially

• Sharing on social networks = digital version of WoM

• Mutual benefit for sharer and viewer

• How psychology behind WoM works

AARRR

Rallying cry

AAR R R III...

AARRR

ACQUISITION

ACTIVATION

RETENTION

REVENUE

REFERRAL

Startup Metrics For Pirates

AARRR

ACQUISITION

ACTIVATION

RETENTION

REVENUE

How do users find us?

Do users have a great 1st experience?

Do users come back?

How do we make money?

Do users tell others?

REFERRAL

ACQUISITION

ACTIVATION

RETENTION

REVENUE

Love

Growth

Money

REFERRAL

Without Love, There’s No Hope

Growth: Spread The Love

• Acquisition is not (just) about buying users!

• Organic: Spend 0, Get Some

• Paid: Spend 1, Get 1

• Growth hacked: Spend 1, Get Many!

Action

Measure it

• 1 sentence

• 1 conversion rate

• Or maybe 2 for each

But we don’t have data!

• 1st, define what you need

• Try to find a way to measure it

• If no data or if not feasible to use it

=> Data don’t talk - people do

Listen

So far, are you enjoying

this talk?

Would you

recommend it?

1-­‐Acquisition People  who  visited  the  SPN  event  page 100  %

2-­‐Activation People  who  registered  on  Eventbrite  People  who  actually  came  up

?  ?

3-­‐RetentionPeople  that  are  still  here  /  mid  talk  (some  may  have  run  away  already!)  

People  ready  to  come  next  time?

4-­‐Referral People  who  would  recommend  it ?

5-­‐Revenue Who’s  gonna  pay  me  a  drink?   :-­‐)

To listen, you need to ask 1st

(Example from ASO world - App Store Optimization)

Stop Begging For Ratings & Reviews

The right way to ask users to review your app

ASO: Hack Ratings

ASO: Hack Ratings

The right way to ask users to review your app

LeKiosk use case

!!!

Native Prompts

Ratings

And Sharings!

25% 75%

NPS - Net Promoter Score

• Please rate our service from 1 to 10 • How likely are you to recommend our service to your peers? 1 (never) -10 (very likely)

Ask people that are likely to recommend you to effectively do it!

(rating, sharing, testimonial, referral…)

‘Listen’ tools

• Symmetric bonuses - « Give 10£, Get 10£ »

• Streamline and optimize the whole flow

• Choose the right moment to push it

Referral Program

Slides - Optimize your referral flow

Landing Pages

Apps’ landing pages

Tonight

KissMetrics

• Great tool (analytics)

• Great blog - link

• Great Slideshare - link

• A beginner’s guide to landing pages - link

Tools

A/B Testing

http://fr.slideshare.net/_TheFamily/growth-­‐hacking-­‐paris-­‐21/

http://fr.slideshare.net/_TheFamily/growth-­‐hacking-­‐paris-­‐21/

http://fr.slideshare.net/_TheFamily/growth-­‐hacking-­‐paris-­‐21/

Hack Expectation

Coming Soon

• Collect leads / email addresses

• You’ll email them at launch

People Want What They Can’t HaveScarce access and curiosity can make it viral

Invite people for earlier access

Invite only!

Elements of a viral launch page

Inbound Marketing and Email

Content Is King

Content

• Create value / solve problem for your users

• Mix of your content and curated content

• Blog / SEO

• FB-Twitter-Linkedin-G+ & Slideshare

• Email / Newsletter

Email

• Your visitors might never come back

• Convert them into subscribers

• Email Marketing Guide - link  

• Content upgrade - link

Build your email listPopups, Exit popup

Automation & Tools

Automation tools

Social media

GrowthTools.io

GrowthTools.io

Resources

Books

Communities / sources

• GrowthHackers.com

• GrowthHacking.fr

• GrowthTribe.io

• Deux.io

• Meetup Growth Hacking Paris

Read

• Growth Hacking - mindset, framework and tools - slides

• Growth Hacking Quick Wins - slides

• 21 user activation hacks you need to know - article

• 29 B2B Growth Hacks - The ultimate list

• The ultimate growth hacking sourcebook