3 fundamental elements of the growth hacking process

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3 Fundamental Elements of T he Growth Hacking Process Muhammed Tüfekyapan

Transcript of 3 fundamental elements of the growth hacking process

Page 1: 3 fundamental elements of  the growth hacking process

3 Fundamental Elements of The Growth Hacking Process

Muhammed Tüfekyapan

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2009 2012 2013 2014 2015Project Manager Product Manager Co-Founder Founder

Growth Hacking

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Our talking points for today

Skills and Tools Team and CultureGrowth System

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A successful product, happy users and a shut down startup: Everpix

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Growth Hacking

What are the issues that prevent growth?

How can we come up with effective and innovative solutions to problems?

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The Right Issue The Real Solution

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Where do we get stuck?

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f(growth)=(growth system, skills and tools, teams and culture)

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f(growth)=(growth system, skills and tools, team and culture)

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Growth System

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The Growth Model of Google‘s Ad Network / Tomasz Tunguz

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HubSpot Sidekick Growth Model

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Growth strategies take shape in accordance with the product and the target audience.

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Problem/SolutionFit

Product/MarketFit

Transition toGrowth Optimisation

Growth is a process that goes in parallel with the startup process.

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Growth = Traffic

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Acquisition

Activation

Retention

Referral

Revenue

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All the work needs to take place in the hypothesis, analysis and betterment cycle.

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Curious Visitors New Users

Inactive Users

Disinterested Users

Active Users

%20

%40

%40

Twitter

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Comparison of the users’ visiting frequencies in the first and second months.

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Users’ retention rate in comparison with their usage frequencies in the first month.

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The levels of activity depending on the number of accounts followed.

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Successful Growth Hacking practises are the result of a successful growth process.

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What is our growth strategy?

Which metrics do we measure?

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What is our growth strategy?

Which metrics do we measure?

What have we learned? What are we going to change?

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f(growth)=(growth system, skills and tools, team and culture)

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Skills and Tools

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For Skin Consultation, Register Here I want an expert opinion, Sign me up!

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Gestalt Design Principles

Designs should not look «unappealing» and should radiate an aura of security.

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MVP

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Tools

Just because you can

doesn’t mean you should!

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What are the key points?

Process of Installation

Process of Usage

Process ofIntegration

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What are the key points?

Process of Installation

Process of Usage

Process ofIntegration

Security, support and costs

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Words Are MorePowerful Than

We Think+ +

Designs Need toBe Simple and

Easy to Understand

Use Tools That Meet Your Needs

Efficiently

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f(growth)=(growth system, skills and tools, team and culture)

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Team and Culture

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The Growth Team

Product Manager CTO Marketing ManagerGrowth Manager

Acquisition Activation Retention

Owned Media Earned Media

Paid Media …

Landing pages Onboarding

Cohort Analysis Churn rate

Both Facebook and Uber employ independent growth teams.

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The Growth Team

Product Manager CTO Marketing Manager

AcquisitionActivation Retention

Owned Media Earned Media

Paid Media …

Landing pages Onboarding

Cohort Analysis Churn rate

Both Pinterest and Twitter use functional growth team.

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Insanity is doing the same thing over and over again and

expecting different results.

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Open mindednessShould Be Part of

Team Culture+ +

Meetings are out!Taking rapid action

is in!

Growth Responsibility

Should Be Distributed

Clearly