Growth Hacking: Take
your startup from 0 to 1
SHIVANKIT ARORA MARKETINGMASALA.COM
What is growth hacking?
 The term itself is not a new concept
 Growth hacking is a smart marketing hack which will exclusively work for your startup and
take it from 0 users to a decent level of traction
 You can use different tools/ways of marketing in a cost effective way to hack your startup’s
growth
Growth Hacking Funnel (AARRR)
These stages work for almost all startups
Awareness/Acquisition : Getting maximum potential users to see your product with least monetary
spend on marketing
Activation : Getting users to sign up for your product/service after they have become aware about you
Retention : Making users to continue their engagement with your product or service
Referral : Users talking to other potential users and telling them about your product/service
Revenue : Building a pipeline for constant revenue generation and scaling the business
How popular startups/companies growth hacked their
way?
Drop Box : Started a referral program giving free storage to all users who referred their friends
to use Drop Box
PayPal : Started giving 10$ to everyone who signed up for the service.
AirBnB : Bed and breakfast company which started posting their accommodations on craigslist
and started getting huge traction.
QuickSprout.com : Established marketer Neil Patel writes here and shares his knowledge about
digital marketing. He builds his credibility and brands himself through his blog. One of his posts
got him 17 leads
Tools of the trade (detailed)
Search engine optimization
Search engine marketing
Inbound Marketing
Content marketing
Social media optimization and marketing
Email marketing
Offline marketing and word of mouth
Private advertising
Enough of gyaan. Show me the real deal.
How to hack growth?
Before starting on this, I want you to break the following beliefs if you have them
A start-up is a complete chaos and we can make any change at any point of time based on our
“gut” feeling
If you include management in a start-up, it will get boring
Now I have my product. Let’s do SEO, SMM, Email, Offline, advertising and go crazy with all
sorts of marketing. Doesn’t matter if it is relevant to me or not
Growth Hacking is magic and I will win in the first go
Step 1- Understand who is your customer and which
marketing channel is most relevant to reach them
After you figure out who is your customer are and where they are, you need to figure out the most RELEVANT
channels to reach them.
How to do it?
1. Write a customer persona
2. Find out where they hangout most
The next thing that needs to be implemented is allocating the right marketing channel to different stages of
the growth hacking funnel
Awareness : Is social media more important than SEO at the start?
Activation : How to optimize landing pages to get more signup? Will A/B testing work?
Retention: How about email-marketing to stay in touch with your audience?
Referral : Will launching a contest invite more people to use product or service?
Revenue : How to amplify ROI and build new cost-effective solutions?
Some companies who used step 1 to find
their audience and marketing channels
Bewakoof.com
Realized that their major audience is
college people and fresher's in jobs who
want to wear jokes and fun stuff on their
clothes.
Used humor content and sarcasm posts
to address people through Facebook
mainly.
Established themselves as a fun company
that people want to interact with and
wear their clothes
How do I find the ideal customer?
Rabbler App
Rabbler is an app that lets you create polls
,vote and interact with them .
In other words, the company is trying to build the
Quora of polls
Every marketing technique include social media,
Online advertising FAILED.
We then understood that our target audience
was youth and ran a campus ambassador
program.
Narrowing down targets for our agency
Angel List
A portal where startups, founders,
investors and job aspirants create
profiles and look for opportunities.
We shortlisted US/Silicon Valley
startups and emailed their founders
what was wrong with marketing of
their startup
Step 2 : Define a process for all marketing
efforts
There are 100’s of ways to market your startup. Once you have discovered what is relevant to
your business, you need to define a process with actionable steps
These steps when carried out consistently will create a lasting effect
Don’t complicate it. At least not in the beginning. Use simple excel sheets for a start
If you guys are a team, use a free tool called trello.com to manage project work
My process chart-Social Media Marketing
My process chart- E-commerce marketing
How to find the right marketing process
for your startup?
 Analyze the results you have till now
 Make a hypothesis
 Run a small experiment to validate it
 If it works, make it a process.
 If it doesn’t, try something else. Make this loop as fast as possible
CookGourmet- Online recipe and
ingredients delivery
Analysis till now :
Facebook ads gave poor performance
People did not understand what the site did
People were looking for credibility
Hypothesis
Differentiate ad sets in Delhi, Gurgaon, Noida
Test 3 captions on each ad
Test mobile, desktop and third party apps
-Results
Housewives are most interested
Instructions in the caption work best
Mobile app ads work best
B2B client in London- Social Media
Step 3 : Startups need to learn everyday. Keep
analyzing and optimizing your marketing
There will always be something new to add. Never stop growing
Every weekend (or Monday) sit down and evaluate the performance of your marketing
Figure out what is working and what is not and move smartly
 Prioritize your efforts and give more time to marketing channels that are giving a good return
for you
Maintain a tracker that records all KPI’s weekly and keep deriving insights from it
Tracker for social media marketing
Step 4 : Choosing the best analytics tools for your growth
marketing (free and paid)
Marketing Channel Tool Free or Paid
SEO performance Moz.com and SEMRush Paid
Site Analytics /In page analytics Google Analytics Free
Detailed site analytics CrazyEgg/Quick Sprout Paid after free trial
Social media Facebook insights,
Analytics.twitter.com, Google plus
Ripples, Iconosquare
Free
Social media TrueSocialMetrics.com Paid
Email Marketing MailChimp and Aweber Freemium (Paid after a limit)
Key Takeaways
1. See your marketing in the AARRR funnel (Awareness-Activation-Retention-Referral-Revenue)
and decide which channels are most relevant for you
2. Create a process chart which has actionable steps that can be carried out everyday
3. Every week, evaluate your marketing performance and see what is working and what is not.
4. Use the best analytics tools that you can afford
5. Keep trying till you get it right
“Don’t be afraid of failure, you only have to be right once” – Drew Houston, Founder DropBox
Resources to learn and study from
Books
 Lean Startup- Bible for startup owners
 Zero to One by Peter Theil
Blogs and sites (More important than books. Keep you updated)
 GrowthHackers.com
 Inbound.org
 Startup-marketing.com
 QuickSprout.com
 Blog.KissMetrics.com
 SocialMediaExaminer.com
Got a question? Let’s talk
Give us a visit at MarketingMasala.com
Shivankit Arora- shivankit@marketingmasala.com

Growth hacking guide : Take your startup from 0 to 1

  • 1.
    Growth Hacking: Take yourstartup from 0 to 1 SHIVANKIT ARORA MARKETINGMASALA.COM
  • 2.
    What is growthhacking?  The term itself is not a new concept  Growth hacking is a smart marketing hack which will exclusively work for your startup and take it from 0 users to a decent level of traction  You can use different tools/ways of marketing in a cost effective way to hack your startup’s growth
  • 3.
    Growth Hacking Funnel(AARRR) These stages work for almost all startups Awareness/Acquisition : Getting maximum potential users to see your product with least monetary spend on marketing Activation : Getting users to sign up for your product/service after they have become aware about you Retention : Making users to continue their engagement with your product or service Referral : Users talking to other potential users and telling them about your product/service Revenue : Building a pipeline for constant revenue generation and scaling the business
  • 4.
    How popular startups/companiesgrowth hacked their way? Drop Box : Started a referral program giving free storage to all users who referred their friends to use Drop Box PayPal : Started giving 10$ to everyone who signed up for the service. AirBnB : Bed and breakfast company which started posting their accommodations on craigslist and started getting huge traction. QuickSprout.com : Established marketer Neil Patel writes here and shares his knowledge about digital marketing. He builds his credibility and brands himself through his blog. One of his posts got him 17 leads
  • 5.
    Tools of thetrade (detailed) Search engine optimization Search engine marketing Inbound Marketing Content marketing Social media optimization and marketing Email marketing Offline marketing and word of mouth Private advertising
  • 6.
    Enough of gyaan.Show me the real deal. How to hack growth? Before starting on this, I want you to break the following beliefs if you have them A start-up is a complete chaos and we can make any change at any point of time based on our “gut” feeling If you include management in a start-up, it will get boring Now I have my product. Let’s do SEO, SMM, Email, Offline, advertising and go crazy with all sorts of marketing. Doesn’t matter if it is relevant to me or not Growth Hacking is magic and I will win in the first go
  • 7.
    Step 1- Understandwho is your customer and which marketing channel is most relevant to reach them After you figure out who is your customer are and where they are, you need to figure out the most RELEVANT channels to reach them. How to do it? 1. Write a customer persona 2. Find out where they hangout most The next thing that needs to be implemented is allocating the right marketing channel to different stages of the growth hacking funnel Awareness : Is social media more important than SEO at the start? Activation : How to optimize landing pages to get more signup? Will A/B testing work? Retention: How about email-marketing to stay in touch with your audience? Referral : Will launching a contest invite more people to use product or service? Revenue : How to amplify ROI and build new cost-effective solutions?
  • 8.
    Some companies whoused step 1 to find their audience and marketing channels Bewakoof.com Realized that their major audience is college people and fresher's in jobs who want to wear jokes and fun stuff on their clothes. Used humor content and sarcasm posts to address people through Facebook mainly. Established themselves as a fun company that people want to interact with and wear their clothes
  • 9.
    How do Ifind the ideal customer? Rabbler App Rabbler is an app that lets you create polls ,vote and interact with them . In other words, the company is trying to build the Quora of polls Every marketing technique include social media, Online advertising FAILED. We then understood that our target audience was youth and ran a campus ambassador program.
  • 10.
    Narrowing down targetsfor our agency Angel List A portal where startups, founders, investors and job aspirants create profiles and look for opportunities. We shortlisted US/Silicon Valley startups and emailed their founders what was wrong with marketing of their startup
  • 11.
    Step 2 :Define a process for all marketing efforts There are 100’s of ways to market your startup. Once you have discovered what is relevant to your business, you need to define a process with actionable steps These steps when carried out consistently will create a lasting effect Don’t complicate it. At least not in the beginning. Use simple excel sheets for a start If you guys are a team, use a free tool called trello.com to manage project work
  • 12.
    My process chart-SocialMedia Marketing
  • 13.
    My process chart-E-commerce marketing
  • 14.
    How to findthe right marketing process for your startup?  Analyze the results you have till now  Make a hypothesis  Run a small experiment to validate it  If it works, make it a process.  If it doesn’t, try something else. Make this loop as fast as possible
  • 15.
    CookGourmet- Online recipeand ingredients delivery Analysis till now : Facebook ads gave poor performance People did not understand what the site did People were looking for credibility Hypothesis Differentiate ad sets in Delhi, Gurgaon, Noida Test 3 captions on each ad Test mobile, desktop and third party apps -Results Housewives are most interested Instructions in the caption work best Mobile app ads work best
  • 16.
    B2B client inLondon- Social Media
  • 17.
    Step 3 :Startups need to learn everyday. Keep analyzing and optimizing your marketing There will always be something new to add. Never stop growing Every weekend (or Monday) sit down and evaluate the performance of your marketing Figure out what is working and what is not and move smartly  Prioritize your efforts and give more time to marketing channels that are giving a good return for you Maintain a tracker that records all KPI’s weekly and keep deriving insights from it
  • 18.
    Tracker for socialmedia marketing
  • 19.
    Step 4 :Choosing the best analytics tools for your growth marketing (free and paid) Marketing Channel Tool Free or Paid SEO performance Moz.com and SEMRush Paid Site Analytics /In page analytics Google Analytics Free Detailed site analytics CrazyEgg/Quick Sprout Paid after free trial Social media Facebook insights, Analytics.twitter.com, Google plus Ripples, Iconosquare Free Social media TrueSocialMetrics.com Paid Email Marketing MailChimp and Aweber Freemium (Paid after a limit)
  • 20.
    Key Takeaways 1. Seeyour marketing in the AARRR funnel (Awareness-Activation-Retention-Referral-Revenue) and decide which channels are most relevant for you 2. Create a process chart which has actionable steps that can be carried out everyday 3. Every week, evaluate your marketing performance and see what is working and what is not. 4. Use the best analytics tools that you can afford 5. Keep trying till you get it right “Don’t be afraid of failure, you only have to be right once” – Drew Houston, Founder DropBox
  • 21.
    Resources to learnand study from Books  Lean Startup- Bible for startup owners  Zero to One by Peter Theil Blogs and sites (More important than books. Keep you updated)  GrowthHackers.com  Inbound.org  Startup-marketing.com  QuickSprout.com  Blog.KissMetrics.com  SocialMediaExaminer.com
  • 22.
    Got a question?Let’s talk Give us a visit at MarketingMasala.com Shivankit Arora- [email protected]