100 growth hacks in 100 days – 1 to 10
slideshare.net
slideshare.net
A few days later, I was in Washington DC. I rented these Citi Bikes that are called different there. The terms say:"After you purchased your 24 hour code, you get the bike for 30 minutes for free. If you want to keep bicycling, there's a small added cost of 4$ per 30 minutes for extended bike rental." - "That sounds fair", I thought.
This slide deck would be so much better, if it was called:"100 ways to improve your UI" instead of "100 Growth Hacks". Because they aren't. Only one out of ten is. And it's not even clever. Everybody does it. All others are marginal improvements to the UI and most of them don't even have data that support their effectiveness on growth / increased signups / decreased churn. They are interesting, but they aren't what they're advertised as. So I feel cheated although the "product" is good.
Regarding what actually is a growth hack or not, if it has to be new, none of my 35 hacks are a growth hack. Sharing stuff on social media would be social media marketing, blogging would be content marketing and SEO, and more fundamental "hacks" would be either a part of a business plan or just a marketing strategy.
However, my main goal of many of the things I do is to increase growth, both direct and indirect.
In my opinion, you under-deliver by making false promises. Your goal should be to over-deliver by giving the user more than he expected. Your slide deck stays entirely the same, it's just about the expectations you set beforehand.
If you're open to suggestions, I'd love to see if you performed two A/B tests on userapp.io:
1. Take different photos of you guys where they look older. You look young. There was once a post on HN about a guy who split tested his profile picture on oDesk or something like that and gave himself an artificial beard in Photoshop. Result: More contacts, more jobs.
I wonder if the photos make a difference in your case and I would be happy to read about the result in one of your slide decks.
2. IMHO you got your coffee-pizza-beer comparison entirely wrong. 650$ is a lot of pizza. Exactly. So the service must provide a heck of a lot of value – more than if I put two coders of my business on a few night shifts to implement the same functionality (or use frameworks that do the same) and supply them with unlimited pizza for the rest of the year. Your goal is to give a feeling that 650$ is a steal by comparing it to something more expensive, not by comparing it to something that is cheaper and valuable as well. I'd kick the comparison altogether. People have their own mindset for comparing prices.
Great UI is about words.
Reminded me of this: http://37signals.com/svn/posts/3404-reminder-design-is-still...
Great read anyway. I normally dismiss anything labeled "growth hacking" as snake oil but this was really interesting.
Impatient to see the 90 others. Thanks for sharing.
Thank you, glad you liked it :) You can follow me here: http://timothy.userapp.io or on twitter: https://twitter.com/timothyej
While I would never recommend optimizing for the top of the funnel first, it seems like it's really hard to measure the effectiveness of growth-hacks when there's not much data to operate off of.
Here are a few of my more important "hacks":
[How to guarantee continued operation for an SaaS startup](http://timothy.userapp.io/post/67053194467/how-to-guarantee-...)
[Day 25: Minimizing integration times](http://timothy.userapp.io/post/69135125206/day-25-minimizing...)
[Day 26: Codecademy course](http://timothy.userapp.io/post/69292858355/day-26-codecademy...)
[Day 30: A/B testing getting-started guides](http://timothy.userapp.io/post/70034047713/day-30-a-b-testin...)
[Day 31: Answering questions on Stack Overflow](http://timothy.userapp.io/post/70136752527/day-31-answering-...)
[Day 32: Customer development survey](http://timothy.userapp.io/post/70245235839/day-32-customer-d...)
The results were listed as "very good" because 20% of new signups tweeted. However, you're giving away revenue in hopes of generating more long-term revenue. The success or failure of the experiment should be given in terms of customers who signed up from seeing the tweets and what the lifetime value of those customers are, taking into consideration the initial revenue loss.
That's why you give a user-specific shortened link with UTM values for people to tweet out and don't simply reward them for tweeting your site name or address.
The product is valued at "a tweet for a free month". Does this support the pricing tier? There's something about the perception of price and brand value here.
On the other hand, you do comment about perception–if the users perceive the product to worth less because of this deal, "a tweet for a free month", the rationale behind why the deal is good for the product might not do anything to offset that loss in perceived value.
ref link ( 25 % off ) https://www.growthhacker.tv/signup?r=8f745853
http://denoyel.com/post/71113783478/the-easiest-prioritizati...
to calculate the ROI on each hacks of the 100's