Growth hacking quick wins

Post on 06-Aug-2015

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Transcript of Growth hacking quick wins

GROWTH HACKING QUICK WINS29 THINGS YOU SHOULD BE DOING (BUT PROBABLY AREN’T)

@MATTANGRIFFEL

“THERE ARE NO SILVER BULLETS”

FUCK THAT. LET’S TALK ABOUT SILVER BULLETS.

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MEASURE HAPPINESS1

NET PROMOTER SCORE

“How likely are you to recommend our company to a friend or colleague?”

TWO POPULAR TOOLS TO USE

PRO TIP: ASK YOUR PROMOTERS TO

SHARE

CREATE MORE LANDING PAGES2

New

Lea

ds I

ndex

# of Landing Pages

1 to 5 6 to 10 11 to 15 16 to 20 21 to 40 Over 40

COMPANIES WITH 10+ LANDING PAGES GET 55% MORE SIGNUPS

source: http://blog.hubspot.com/blog/tabid/6307/bid/33756/Why-You-Yes-You-Need-to-Create-More-Landing-Pages.aspx

EACH PAGE SHOULD BE 90% UNIQUE

Use different offers

Target different customer segment

Highlight different unique selling points

PRO TIP: SEND PAID ADS TO TARGETED LANDING PAGES, NOT YOUR HOMEPAGE

USE PAID ADS TO TEST HEADLINES & IMAGES3

THERE ARE TWO PROBLEMS WITH TESTING LANDING PAGES

#1: THEY MAY NOT GET ENOUGH TRAFFIC

#2: THERE ARE TOO MANY THINGS TO TEST

WHAT’S THE DIFFERENCE?

MOST PAID ADS HAVE ALL THE KEY ELEMENTS OF A LANDING PAGE

Headline

Body copy

Image

USING PAID ADS FOR TESTING SAVES TIME & MONEY

+35% CTR

+18% CTR

+136% CTR

(MAKE SURE TO TURN OFF AD CONVERSION OPTIMIZATION)

PRO TIP: USE AD TARGETING TO TEST YOUR AUDIENCE

SET UP REDIRECTS FOR LINK-TRACKING4

THIS LETS YOU PROVIDE DISCOUNT CODES AND DO BETTER TRACKING

YOU CAN USE THESE DURING TALKS, IN PODCAST ADS, ON

FLYERS, AND IN PERSON

USE BIT.LY IF YOU DON’T WANT TO BUILD YOUR OWN

REMOVE LANDING PAGE LINKS5

REMOVE LINKS THAT DISTRACT PEOPLE FROM YOUR CALL TO ACTION

+91%

THE SAME PAGE WITHOUT THE NAVIGATION LINKS…

9% CONVERSION RATE 17% CONVERSION RATE

source: http://www.sparkpage.com/no-navigation-more-conversions/

+100%

3% CONVERSION RATE 6% CONVERSION RATE

source: https://vwo.com/blog/a-b-testing-case-study-navigation-menu/

GROUPON SHOWS A DIFFERENT PAGE DEPENDING ON HOW YOU GET THERE

DIRECT TRAFFIC: NO FOOTER

PRO TIP: TEST MINIMAL LANDING PAGES

WHAT DO THESE PAGES HAVE IN COMMON?

PRO TIP #2: ESPECIALLY ON YOUR CHECKOUT PAGES

AMAZON REMOVES NEARLY ALL LINKS DURING CHECKOUT

AMAZON REMOVES NEARLY ALL LINKS DURING CHECKOUT

(INCLUDING THIS GUY)

USE QUALAROO TO GET CUSTOMER FEEDBACK6

DISCOVER SIGNUP HESITATIONS

LEARN WHAT INFORMATION IS MISSING ON YOUR SITE

OR CUSTOMER INTENTIONS

THIS IS HOW YOU WILL COME UP WITH IDEAS TO TEST

BUY DEMOGRAPHIC DATA ABOUT YOUR USERS7

YOU GIVE THEM EMAILS, YOU GET BACK INFO ABOUT THOSE PEOPLE

SPLIT THE ASK8

Visit site Sign up

IF YOUR ASK IS TOO HIGH UP FRONT, YOU’RE ALIENATING POTENTIAL USERS

POTENTIAL USERS LOST

HIGH ACTIVATION THRESHOLD

“SPLITTING THE ASK”

Visit site Provide email Sign up

“SPLITTING THE ASK”

Visit site Provide email Sign up

Give them an incentive (eg. ebook, whitepaper, video)

Build a relationship & educate by sending

valuable content

WHY DOES THIS WORK?

YOU LOWER YOUR ACTIVATION RISK AT EACH POINT

IT SIMPLIFIES YOUR ASK AND ALLOWS YOU TO TEST MORE

“EMAIL DOESN’T WORK FOR MY BUSINESS”

YOU’RE WRONG.

JUST GET CREATIVE

TEST WEIRD CTA COPY9

SOME CASE STUDIES SHOW THAT NON-STANDARD CTAS CONVERT BETTER THAN THE OVERUSED

"LEARN MORE" AND "SIGN UP" BUTTONS.

JUST BE WEIRDER, FOR THAT MATTER

USE A CONTRASTING COLOR FOR YOUR CTA10

PUT YOUR CTA ON THE RIGHT11

PEOPLE READ FROM LEFT TO RIGHT IN AN F PATTERN

REPEAT YOUR CTA ABOVE AND BELOW THE FOLD12

ADD REASSURANCE COPY13

VALIDATE YOUR FORMS INLINE14

INLINE VALIDATION

BOOSTS FORM COMPLETION

RATES

REMOVE YOUR COUPON FIELD15

AND NONE OF THEM WORK

SO NOW YOU FEEL DEFEATED

HERE’S HOW WE DEAL WITH THIS:

HERE’S HOW WE DEAL WITH THIS:

USE EXIT INTENT POPUPS16

ADD BONUSES TO YOUR OFFERING17

A PRODUCT + BONUS HAS A HIGHER PERCEIVED VALUE THAN THE SAME

TWO PRODUCTS BUNDLED TOGETHER

PEOPLE PREFER THIS:

$1 FREE!

TO THIS:

$1

WHAT ARE YOU GIVING PEOPLE FOR FREE?

UPSELL & DOWNSELL18

WHEN SOMEONE IS READY TO BUY ITEM X, THEY'RE MUCH MORE LIKELY TO BUY ITEM Y.

END YOUR PRICES IN 7 OR 919

SHOW PROGRESS DURING CHECKOUT20

USE A PROGRESS BAR FOR MULTI-STEP FUNNELS AND

FORMS

PRO TIP: DON’T START AT 0

ADD LIVE CHAT SUPPORT DURING CHECKOUT21

FOR EXPENSIVE OR COMPLEX PRODUCTS, LIVE CHAT CAN MEAN THE DIFFERENCE

BETWEEN A SALE AND AN ABANDONED CART

READ THE CHAT TRANSCRIPTS TO DISCOVER OBJECTIONS

THAT YOU CAN ADDRESS EARLIER IN THE FUNNEL

TEST THE 5 MAJOR SHARING THE OPTIONS22

THAT MEANS:

DIRECT URL

FACEBOOK

TWITTER

EMAIL

BULK EMAIL

(GET CREATIVE)

GIVE “SYMMETRIC BONUSES”23

THE ORIGINAL:

OPTIMIZE YOUR REFERRAL LANDING PAGE24

STREAMLINE REGISTRATION FLOW

PUT THEIR INFO IN THE FORM IF YOU ALREADY KNOW IT

DEEPLINK TO MOBILE LANDING PAGES

GIVE PEOPLE A STATUS ON THEIR INVITES25

BUT DON’T BE A DOWNER

SEND REENGAGEMENT EMAIL26

USE SEGMENT27

CHANGE LANDING PAGES BASED ON TRAFFIC SOURCES28

EXPERIMENTAL!

ADD REFERRAL CODES TO EVERY URL29

EXPERIMENTAL!

(BONUS!) DO THE OPPOSITE OF EVERYTHING I JUST TOLD YOU30

APPENDIX

THE LEAN MARKETING FRAMEWORK

Acquisition

Activation

Retention Referral

Revenue