Growth Hacking
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Transcript of Growth Hacking
Ross KingslandFounder and CEOInception Growth
@RossKingsland1
InceptionGrowth.net
Hacking Growth Hacking
1. Why Growth Hacking?
2. Growth Hacking Framework
@RossKingsland1
My Single Biggest Mistake
“I would rather be right, than rich”
@RossKingsland1
A New Hope
1. Have no assumptions
2. Test everything
3. Growth is a mindset
4. Must have Product / Market Fit
@RossKingsland1
The Truth@RossKingsland1
Who Do We Work With?• Business Owners• Founders• CEOs• Partners• Boards• Directors
Common Factor:Everyone we work with wants a
significant step change in their business growth
@RossKingsland1
@RossKingsland1
@RossKingsland1
In Other Words…
Accelerated Growth
Accelerated Growth
Current Growth
Check one two three
Growth Is A Science@RossKingsland1
Why Growth Hacking?@RossKingsland1
Old school traditional marketing model
Lean Marketing@RossKingsland1
The Growth Hacking Framework@RossKingsland1
5 Strategies You Can Use Today@RossKingsland1
1. Acquisition@RossKingsland1
1. Acquisition@RossKingsland1
Examples:
• SEO• Viral Marketing• Strategic Partnerships• PR• Unconventional PR• Search Engine Marketing • Social and Display Ads• Offline Ads• Email Marketing• Blogs
• Content Marketing• Target Market Blogs• Business Development• Sales• Affiliate Programs• Existing Platforms• Trade Shows• Offline Events• Speaking Engagements• Social Media
1. Acquisition• Original advertising strategy: Billboards and Radio
Ads
• Get creative
• “PS: I Love You. Get Your Free E-Mail At Hotmail”
• Why it works: Unexpected, Emotional, Secret, Exclusive, Novel
@RossKingsland1
2. Activation@RossKingsland1
2. Activation@RossKingsland1
The problem with activation
Lack Of Trust
2. Activation@RossKingsland1
Results In Advance
Lack Of Trust
Step 1 Step 2 Step 4 Step 5Step 3
2. Activation@RossKingsland1
Results In Advance
Lack Of Trust
Step 1 Step 2 Step 4 Step 5Step 3
TRUST IN YOU
3. Retention@RossKingsland1
3. Retention@RossKingsland1
• Reduce churn
• Executive team set a goal of acquiring 200 million users in 12 months
• 7 friends in 10 days
• Focus on reducing “Friction”
4. Referral@RossKingsland1
4. Referral@RossKingsland1
4. Referral• Make it easy to share
• Make it fun to share
• Appeal to their core desires
• “Simple does not mean easy”
@RossKingsland1
5. Revenue@RossKingsland1
5. Revenue@RossKingsland1
5. Revenue@RossKingsland1
• MRR = Monthly Recurring Revenue
5. Revenue@RossKingsland1
Split test all revenue streams
For example:• Freemium vs $1 trial• Universal increase across all services• $1 trial for $x service for X months• Phone numbers for “increase security”• “Black” / “Cyber” what ever day you want
Hacking Growth Hacking@RossKingsland1
Resources For Youwww.InceptionGrowth.net/growthhacking