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Growth hacking 101

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Growth Hacking 101 scale your app from zero to hero
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Page 1: Growth hacking 101

Growth Hacking 101scale your app from zero to hero

Page 2: Growth hacking 101

Lukas MasuchGoogle+: +LukasMasuch Twitter: @lukasmasuch

Henning MuszynskiGoogle+: +HenningBalboa Twitter: @henningmus

Benjamin RäthleinGoogle+: +BenjaminRäthlein Twitter: @B3nRa

About us

Page 3: Growth hacking 101

FacebookThe Growth Hack everybody knows

Page 5: Growth hacking 101

Growth Process

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Growth Process

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Analytics Tools

Google Analytics: “Arm your team with the marketing data & insights they need to make informed decisions”

Crashlytics: Stay tuned about the crash behavior of your app.

Google Play Dev Console: Get general metrics such as number of downloads and user rating

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Product/Market FitHow Dropbox got 70k customers without a product

70000 users signed up for beta overnight and strong interest by investors

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Landing PageCatch your audience

Outperformed competitors with $4500 video.

Todays valuation: $615 million

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Landing Page – ToolsGet your Landing Page up in minutes

Launchrock: Click your landing page for free

MailChimp: Collect, manage & send your mails

LeadPages: Launchrock on steroids

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Waiting ListMostexclusivewebsite.com – the title says it all

Over 1 million users signed up resulting in 63.76 years were spent waiting

Page 15: Growth hacking 101

Waiting ListMostexclusivewebsite.com – the title says it all

Over 1 million users signed up resulting in 63.76 years were spent waiting

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Waiting ListStanding in line for Mailbox

800k users in queue at once resulting in over 1 million sign-ups in 6 weeks

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Invite system for 1 year, beta for > 3 years

Invites were sold for up to $500

Invite SystemThis has to be an April Fools Hoax

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Invite SystemOnePlus and the circle of VIPs

25.6M visits in Dec. 2014 to check invite status and generated a total revenue of $300 million

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Invite SystemEllo pokes the giant

35k invites / hour (28. Sept. 2014)

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Waiting List & Invite SystemThe Yin & Yang of Growth Hack

Buzz, Beta Testing & Stability

Combine with benefits for social media actions

Exclusivity & Snowball Effect

Combine & Conquer

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Big Press LaunchBoom goes the dynamite

Press Release App. Buy PR. Get Press. Growth !?

When should I launch my startup? My answer is almost always the same: don’t – Eric Ries (Lean Startup)

Don’t combine product release with a marketing launch. Do a marketing launch later when you have good indicators and a clear strategy.

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Launch StrategyRelease silently, grow organically and collect feedback

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Promote Promote PromoteSpam Spam Spam your Target Group

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Promote Promote PromoteHackerNews Launch - Success Story

Takeaways: If not successful -> post again, encourage participation, time your post (morning/breakfast time in SF), join conversation, ask for specific feedback

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Social MediaBest Day

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It’s a set of actions that separate customers who find value in your product from those who don’t.

AHA MomentThe one metric to rule them all

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AHA MomentHow long it needs to get hooked

Study about how many episodes it takes to get you hooked on a TV show.

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AHA MomentTwitters point of no return

Once a user follows 30 people, they're more or less active forever – Josh Elman (Growth Manager @ Twitter)

Figure out your AHA moment and focus your UX to encourage people to reach it

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AHA MomentFacebooks magic number

Get a user to reach 7 friends in 10 days after signing up – Chamath Palihapitiya (ex-Lead of Growth @ Facebook)

This number was the single focus and allowed the team to drive towards a clear objective

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AHA MomentAirbnb bookings depend on aesthetics

The photos were really bad. No one was booking because you couldn't see what you were paying for.– Joe Gebbia (Co-Founder of Airbnb)

Airbnb now offers its hosts free professional photography services from thousands of freelancers

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Reddit was first populated with content submitted by fake users to not look like a ghost town.

Fake It Till You Make ItFaking demand does not only work the on stock market

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User Activation Facebook Photo Tagging

Facebook’s photo tagging feature turned out as an extremely effective viral growth and retention loop

Retention: Notifying inactive users resulted in retention rate of 75% (visual and personal stimuli)

Growth: Fueled user acquisition by notifying non-users about photo tagging

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User Reactivation This email brings users back to your app

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Referrals – PayPal

One customer acts as sales person for bringing in other customers – Elon Musk (Co-founder of PayPal)

Started a $10 Refer-A-Friend viral marketing campaign in the early 2000s

7-10% daily user growth resulting in about 1 million customers in one year

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Referrals - Dropbox

Increased signups from 100k to 4 million users (60%) in 15 months with about 2.8 million referral invites

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Referrals - Airbnb

Increased bookings by over 25%

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Referrals – Airbnb Learnings

A rebuilt referral system involved 3 months, 30k lines of code and extensive A/B testing.

Focus: personalization, discoverability, localization

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Referrals - Uber

Personalization

Social Sharing

Progress

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Leverage Friends – Facebook

• Famous ambassadors

• Seeing all your friends

• Word-of-Mouth

• Television Appearance

QuizClash: Addictive social quiz makes it easy toplay with your friends

Facebook API is much more restrictive nowadays

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Leverage Friends – Address Book

Black-hat Growth Tactic: LinkedIn had to pay $13m for spamming mails to your contacts

When LinkedIn introduced Address Book Import their invitations increased by 30%

Sign-up and Friend Discovery via phone numbers is a proven concept

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App Store Optimization

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App Store Optimization

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Polish your visuals: Video, Screenshots and App Icon

Research your Keywords: Put them in the title and repeat them in the description

63% of Apps are discovered through app store searches„“

App Store OptimizationSEO for your mobile app

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App Store OptimizationAdWords Keyword Planner is here to help

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Social ContestsQwertee – the friendly shirt dealer

Collected more than 200.000 likes on their page

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CountdownThe ever-effective trick from a psychologist‘s tool belt

Groupon grew faster than Ebay, Amazon or Google

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Call-to-Action with clear benefits

CountdownThe ever-effective trick from a psychologist‘s tool belt

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Countdown for psychological pressure

CountdownThe ever-effective trick from a psychologist‘s tool belt

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Online peer pressure

CountdownThe ever-effective trick from a psychologist‘s tool belt

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Social components: Sharing and Buying for a friend

CountdownThe ever-effective trick from a psychologist‘s tool belt

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CrosspostingOr: How YouTube became the powerhouse it is today

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CrosspostingOr: How YouTube became the powerhouse it is today

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CrosspostingOr: How YouTube became the powerhouse it is today

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CrosspostingAirBnB helps itself using Craigslist

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CrosspostingInstagram made it easy to post to every platform

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When posting shareable images add a watermark

Investor suggested to put “PS: I love you. Get your free email at Hotmail” under every E-Mail

• 3000 new signups every day

• 1 million users after 6 months

• 1.5 years later: 12 of 70 million internet users were registered

WatermarkingHotmail loves you

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There is no right, no wrong, just growth!Test and experiment as much as possible

Learn from the best and apply it to your brand / product

Define your metricsto get actionable insights

Key TakeawaysIt’s all about the growth

Page 62: Growth hacking 101

Lukas Masuch

Henning Muszynski

Benjamin Räthlein


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