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Samira mchater berghs presentation 2015

Date post: 22-Jan-2018
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Hi Berghs! My name is Samira! Twitter: @Samajra
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Page 1: Samira mchater   berghs presentation 2015

Hi Berghs!My name is Samira!

Twitter:@Samajra

Page 2: Samira mchater   berghs presentation 2015

How startupsget shit done

Page 3: Samira mchater   berghs presentation 2015

Team StructureWhy is a great team important to get stuff done?

Page 4: Samira mchater   berghs presentation 2015

Great teams motivatesand handle adversity better.

Page 5: Samira mchater   berghs presentation 2015

My personal view of a great startup team

Founder/CEO

HR, CMO, CCO, CFO, CSO

Advisory board

Office Manager

Developers UX/UI

Growth Team aka SWAT team;Product Owner, Data Scientist, Developer, Marketeer/Copy

Founder/CTO

VP of Growth

Page 6: Samira mchater   berghs presentation 2015

At vionlabs

Very flat organisation

13 employees6 developer teams (The same developer can be in multiple teams)1 Marketing team1 Management team

Founder/CEO Founder/CTO

CMO, CCO, CFO

Data team

R&D

Analytics

Infrastructure

Admin

Office Manager

Page 7: Samira mchater   berghs presentation 2015

Scrum

Page 8: Samira mchater   berghs presentation 2015

Daily stand up meeting

✖Pre-set time every day✖A time-box of 15 minutes✖Stand up✖Answer three questions

- What did I do yesterday?- What am I doing today?- What is blocking me?

Page 9: Samira mchater   berghs presentation 2015

Growth hacking“An iterative customer acquisition and

retention strategy that sits at the intersection of product development and

marketing”

Page 10: Samira mchater   berghs presentation 2015

Growth Hacking was coined by Sean Ellis in 2010.

“A GROWTH HACKER IS APERSON WHOSE

TRUE NORTH IS GROWTH

Page 11: Samira mchater   berghs presentation 2015

Why growth hacking?

✖Cheap✖Efficient✖Scalable

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”Growth hacker is the new VP of marketing”In 2012 Andrew Chen published a blog post

emphasizing that coding and technical chops now were an essential part of being a great

marketer.

Page 13: Samira mchater   berghs presentation 2015

Growth hacker

DeveloperProduct Owner

Data analyst

GH

Page 14: Samira mchater   berghs presentation 2015

Why a Growth team?

✖ They change how decisions are made✖ Better collaboration between Marketing and Developers✖ Focuses on improving existing funnel✖ Back end team tend to work with ownership and delivering

one service (i.e Worlds best search engine✖ Growth team would work with making every user do more

searches every day✖ No growth team is necessary if people aren’t using your

product! You need a user base.

Page 15: Samira mchater   berghs presentation 2015

Lean Startupa method for developing businesses and products

MVPContinous deployment

(all code that is written for an application is immediately deployed into production)

A/B testingPivot

(changing (or even firing) the plan instead of the executive)

Build – Measure – Learn Loop

Page 16: Samira mchater   berghs presentation 2015

PMF

“Product/market fit means being in a good market with a product that can satisfy that

market.”aka

creating a MVP that solves a problem.

Page 17: Samira mchater   berghs presentation 2015

MVPA minimum viable product (MVP) is the the most pared down version of a product that can still be released. An MVP has three key characteristics:

✖It has enough value that people are willing to use it or buy it initially✖It demonstrates enough future benefit to retain early adopters✖It provides a feedback loop to guide future development

Page 18: Samira mchater   berghs presentation 2015

Focus at the right time

Problem/Solution fit ScaleProduct/

Market fit

Growth Hacking

Page 19: Samira mchater   berghs presentation 2015

Growth hacks

✖A/B Tests✖Headline tests✖Landing pages✖Piggyback (Paypal, Airbnb)✖Fake activity on Platform (Quora)✖Private beta list

Page 20: Samira mchater   berghs presentation 2015

Examples of growth✖PS: I love you. Get your free email at Hotmail.

3,000 a day.In 6 months they reached 1 million users.5 weeks later – 2 million users.

Page 21: Samira mchater   berghs presentation 2015

Examples of growth

✖Dropbox went from this..

Page 22: Samira mchater   berghs presentation 2015

Examples of growth✖To this:

Dropbox got 70,000 users overnight just by creating a demo video of the product intended for the Diggaudience.

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Referrals increased the sign ups on Dropbox by 60%!

Page 24: Samira mchater   berghs presentation 2015

Other good examples of growth✖Twitter✖Evernote✖Spotify✖Airbnb

Page 25: Samira mchater   berghs presentation 2015

Other good examples of growth✖Twitter✖Evernote✖Spotify✖Airbnb

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Make sure youtrack the right things!

Page 27: Samira mchater   berghs presentation 2015

Traffic

Revenue

Users?

?

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Customer lifecycle PIRATE METRICSTHE aarrr

ActivationAcquisition Retention

RevenueReferral

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PIRATE METRICSTHE aarrr

Acquisition Users come to your site from different channels

Page 30: Samira mchater   berghs presentation 2015

You visit service XThanks to Twitter

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PIRATE METRICSTHE aarrr

Activation They use your product

Page 32: Samira mchater   berghs presentation 2015

You decide to join service XAfter browsing through

the website

Page 33: Samira mchater   berghs presentation 2015

PIRATE METRICSTHE aarrr

Retention They continue to use it (yay!)

Page 34: Samira mchater   berghs presentation 2015

After a few days…They send you a weekly digest

e-mail for you take part of more information

Page 35: Samira mchater   berghs presentation 2015

PIRATE METRICSTHE aarrr

Referral They like it enough to refer it

Page 36: Samira mchater   berghs presentation 2015

You like the product alot!So you tweet about it to your

friends!

Page 37: Samira mchater   berghs presentation 2015

PIRATE METRICSTHE aarrr

Revenue Money, money, mooooney!

Page 38: Samira mchater   berghs presentation 2015

User generates break even revenue

Page 39: Samira mchater   berghs presentation 2015

Traditional marketing vs growth hacking Make people want the productTraditional media such as print ads, TV and radioConversion funnel rarely determinedTends to forget the lastthree “R:s”More structured with plans

Make a product people wantGathers data, experiment and then determine Cheaper“Execute fast, fix later attitude”

Marketing Product/Tech

MarketingProduct/

Tech

Page 40: Samira mchater   berghs presentation 2015

Thanks!Any questions?

You can find me at:@samajra

[email protected]


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