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Page 1: Introduction to Growth Hacking

Introduction toGrowth Hacking

+ Networking

Growth Hacking Barcelona Meetup21.10.2013

Radek Grabarek

Page 2: Introduction to Growth Hacking

Radek Grabarek

Senior editor at Softonic4 years in BarcelonaFrom Warsaw, PolandGeek, startup & mobile app enthusiast

@radekgfacebook.com/radekg

Page 3: Introduction to Growth Hacking

What is Growth Hacking?

Simple definition:

“Growth hacking is a set of tactics and best practices for dealing with the problem of user growth”

Mattan Griffel - growhack.com

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Growth Hacking

3 keythings about

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1) Intersection

Growth hacking is an intersection of 3 areas:

PROGRAMMING

MARKETING

DATA ANALYSIS

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2) Based on DATA!

- A/B tests- Landing page optimization- Key metrics- Email marketing- Onboarding- SEO- UX

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3) Disruption

- Growth hacking is disrupting the way companies are organised

- Big companies structures:● Marketing● Data analytics / business optimization● Content / products

Several teams → one team focused on growth

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Who is responsible for growth?

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Why do we need Growth hacking?

- It’s quite easy to build a startup but... It’s hard to grow it.

- Most companies track only topline and bottomline metrics --> Traffic and Revenue

- To grow, we need pirating skills...

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Growth hacking is for pirates!

AARRR!

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Dave McClureStartup metrics for pirates

A: Acquisition - where / what channels do users come from?A: Activation - what % have a "happy" initial experience?R: Retention - do they come back & re-visit over time?R: Referral - do they like it enough to tell their friends?R: Revenue - can you monetize any of this behaviour? Source

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Best practices:Famous examples

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Hotmail

“This email sent with Hotmail. Join Hotmail now”

AND

“Get your free email at Hotmail.”

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Dropbox Incentivized Referral Program

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Growth hacking - critics

Is a growth hacking just a buzzword?● Yes● No

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Growth hacking - something new

Google trends - Worldwide - 2004 - present

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Growth hacking - trendy only in USA

Google trends - Worldwide - 2004 - present - regional interest

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Growth hacking - last 12 months

Google trends - Worldwide - past 12 months

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Growth hacking - critics

- “Growth hacking is just a bunch of tricks and gimmicks.”

NO:Without a great product, you can’t succeed!

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Why Growth hacking is great?

- It gives you a simple framework, a simple path

- AARRR!

- One key metric

- Experiment, measure, optimise, repeat...

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SPAII - our hosts

Big THANKS toMarc and Xavi

Spaii is a cultural center in Barcelona for the outreach of science and technology in space,providing activities for people from all ages including workshops, conferences and spacecamps.

www.spaii.net

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Thank you!

Growth Hacking Barcelona Meetup21.10.2013

Radek Grabarek