SlideShare a Scribd company logo
By
Ravi Trivedi | @trivediravi | ravi@srijancapital.com
Venture Investor [US]
EquityAnalyst [US]
Digital Marketing [US]Online Division [US]
Startups, Investment, Technology
Build & Run Startups + Angel Investments
Digital Marketing
Digital Marketing [India, Malaysia, Singapore]
Software Developer
Engage Users With Browser Push Notifications
Product, Marketing [ Global]
 What is Growth Hacking ?
 Foundations for Growth Hacking
 Three Steps to a Quick Marketing Plan
▪ Some Conversion OptimizationTips
▪ FreeTools to Do Research & Analysis
B) DriveTraffic
 Best Practices/Hacks
▪ Organic & FreeTraffic
▪ PaidTraffic
Grow Rapidly with Limited Marketing Spend $$
 It is a process and mind-set, and not a one time only tactic.
 Remember, true Growth Hacks are short-lived. You need to
keep finding new ideas.
 Try ContrarianThinking [E.g. Facebook Like Campaign]
MarketingTactics that have Elements of Growth Hacking
 Inbound Marketing
 Conversation Marketing
 Organic Customer Acquisition
 What BusinessYou Are In ? [Twitter 140 char]
 Who are you Marketing to?
 Is ItTargeted Enough?
 Where can you find yourTarget Audience?
 Is your market large, but still targeted?
 Why is Messaging Important ?
▪ Bounce Rate. Good benchmark
 Create Messaging ForTarget Audience
 Broad messaging has poor conversion
 OK to ignore a set of audience, as long as you
reach target audience.
 Don’t create messagingYOU want, create
messaging for what the customers CARE
about.
 List all the places where your target customers are
 UseTools to analyze competitors dominant acquisition strategy
 Analyze the 3Tactics/Channel With Highest Expected
ROI &Volume
 Use keyword and other research to get to expectedVolume/ROI.
 Measure ROI of channels. Remove Channels that don’t perform
 Next – some tools to help you with this analysis
Channel Volume [Clicks] ROI
Adwords 10,000 15%
Email 5,000 25%
AdwordsTool
GWT
 http://www.alexa.com/
 Add Channels that perform
 Always BeTesting
 Don’t trackVanity Metrics. [90% GA Metrics]
 Track Actionable Metrics– Conversion, Churn.
 If you want Big Improvement in Results, be ready to
make Drastic Changes
 Funnel Analysis
 What is the Funnel for your Business?
 What are the benchmarks for your industry
conversion
▪ Lead Gen – Benchmark
▪ Registration Rate
▪ Conversion on Ecommerce
▪ SAAS : Free to Paid Conversion Rate
 Have you Set Up Enable Event/GoalTracking in GA
 Micro-conversions AreValuable too
▪ Whitepaper download, Video watch, Newsletter Subscriber
▪ How much value should I assign to each conversion
Visitors
Add to
Cart
Checkout
• Tell me the Startup/Company/Website you
run/manage
• Let us make a Quick Online Marketing Plan
for your online business
 Understand YourTarget Market
 KnowYourTarget Audience
 HoneYour Messaging
 Targeted Messaging
 DriveTraffic
 Growth Hacks
1. Post on Slideshare,Visual.ly,YouTube
2. Write Guest Blog Posts on Relevant
HighTraffic Authority Sites
3. Answer Questions on Quora/Forums
4. Comment marketing
5. Trend on Hacker News or Reddit
6. Press Coverage
RememberYMMV, so test out each of these
How to Create Original & Unique Content - Survey, Infographic
7. Start a Meetup/Facebook Group & Post there
8. Post on Craigslist, OLX, Quikr
9. Conduct Webinars
10. Create whitepapers for download
11. Twitter – Piggyback on a relevant trending #, or
events
12. Piggyback on large events in your space – PPC
ads
13. Powered by “…” in SAAS companies
If you can predict what people will search today
- you can find several hacks
1) You can create content ahead of time, so that
you are found in SEO results
2) You can run advertisements on that search in
Google and Facebook
How to Predict?
Source: PushEngage Aggregate Data, MailChimp
* Signup at www.pushengage.com
* Source : Compete.com Research -2012
Getting #1 Rank in SEO = Growth Hack
 Target LongTail/Mid-tail keywords
 Easier to Rank, due to low competition
▪ If you aggregate several Long tail/mid-tail keywords,
they add up to good chunk of traffic.
▪ SAAS : Use FAQs as a way to target long tail keywords
▪ eHow.com : Built around long queries, mid tier traffic
▪ How to get a visa to India?
 Ex: Ebay targets over 100 million keywords
 Use “Structured Data” tags in content, for
getting higher CTR [extra line in Search results]
 Breadcrumbs
 Use Rel=AuthorTag
 Rating
 Speed of Page Load Impacts SEO
 Check your page loading atYSlow or Pingdom
 Google PageSpeed Service.
 AvoidTechnical Errors [ Check GWT]
 Internal Linking
 Link key pages internally
 Link Building
 Don’t link to root domain only. Link to deeper pages
 Don’t do Anchor text stuffing
 Domain Diversity - Unique C Block Domains
 High PR Domains
 FollowVs. No Follow Links
 Speed of Link Building
• Retargeting (Display) + Search a recommended combination
 Target UsersThat HaveVisitedYour Site
 Show them your BannerAds
 To create list of users who have visited your site
 Cookie using Google Analytics
 Cookie using Adwords
 This Increases brand recall, and improves PPC
performance by 10 to 30%
 Improve CTR of your campaign by
 Use SiteLinks [ Even if you are not inTop 3 position]
 Google+ Link
One example
KeepTest Budget of Atleast Rs 5000 for each campaign to test
Keep CTR of ads above 0.2%
Brighter & Large Images get Higher CTR.
Use information from the Fan page/Other sources to determine what is
trending/popular and use in Ad.
Remember, MisleadingAd Copy Can Get Clicks, but poor Conversion
 Pause Ads when Frequency >3
 Frequency = Number of times a person sees the same ad
 Pause Ads during low conversion periods = Midnight to
morning.This alone boosts performance by 20 to 30%
 Custom Audience CanYieldVery High Returns
 Can RunAds against your database.
 Look alike audience
 Retargeting in FB also known to boost results
 QuickSprout – SEO,
Content Marketing
 Search EngineWatch
– SEO, PPC
 Occam’s Razor –
Analytics
1. Alexa/Similarweb
2. SEOMoz
3. Google Analytics
4. Adwords Editor
Email: ravi@srijancapital.com, @trivediravi

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Acquiring Users for Cheap - The Art and Science of Growth Hacking

  • 1. By Ravi Trivedi | @trivediravi | ravi@srijancapital.com
  • 2. Venture Investor [US] EquityAnalyst [US] Digital Marketing [US]Online Division [US] Startups, Investment, Technology Build & Run Startups + Angel Investments Digital Marketing Digital Marketing [India, Malaysia, Singapore] Software Developer Engage Users With Browser Push Notifications Product, Marketing [ Global]
  • 3.  What is Growth Hacking ?  Foundations for Growth Hacking  Three Steps to a Quick Marketing Plan ▪ Some Conversion OptimizationTips ▪ FreeTools to Do Research & Analysis B) DriveTraffic  Best Practices/Hacks ▪ Organic & FreeTraffic ▪ PaidTraffic
  • 4. Grow Rapidly with Limited Marketing Spend $$  It is a process and mind-set, and not a one time only tactic.  Remember, true Growth Hacks are short-lived. You need to keep finding new ideas.  Try ContrarianThinking [E.g. Facebook Like Campaign] MarketingTactics that have Elements of Growth Hacking  Inbound Marketing  Conversation Marketing  Organic Customer Acquisition
  • 5.
  • 6.  What BusinessYou Are In ? [Twitter 140 char]  Who are you Marketing to?  Is ItTargeted Enough?  Where can you find yourTarget Audience?  Is your market large, but still targeted?
  • 7.  Why is Messaging Important ? ▪ Bounce Rate. Good benchmark  Create Messaging ForTarget Audience  Broad messaging has poor conversion  OK to ignore a set of audience, as long as you reach target audience.  Don’t create messagingYOU want, create messaging for what the customers CARE about.
  • 8.  List all the places where your target customers are  UseTools to analyze competitors dominant acquisition strategy  Analyze the 3Tactics/Channel With Highest Expected ROI &Volume  Use keyword and other research to get to expectedVolume/ROI.  Measure ROI of channels. Remove Channels that don’t perform  Next – some tools to help you with this analysis Channel Volume [Clicks] ROI Adwords 10,000 15% Email 5,000 25%
  • 9.
  • 10.
  • 11.
  • 14.
  • 15.  Add Channels that perform  Always BeTesting  Don’t trackVanity Metrics. [90% GA Metrics]  Track Actionable Metrics– Conversion, Churn.  If you want Big Improvement in Results, be ready to make Drastic Changes
  • 16.  Funnel Analysis  What is the Funnel for your Business?  What are the benchmarks for your industry conversion ▪ Lead Gen – Benchmark ▪ Registration Rate ▪ Conversion on Ecommerce ▪ SAAS : Free to Paid Conversion Rate  Have you Set Up Enable Event/GoalTracking in GA  Micro-conversions AreValuable too ▪ Whitepaper download, Video watch, Newsletter Subscriber ▪ How much value should I assign to each conversion Visitors Add to Cart Checkout
  • 17.
  • 18. • Tell me the Startup/Company/Website you run/manage • Let us make a Quick Online Marketing Plan for your online business
  • 19.  Understand YourTarget Market  KnowYourTarget Audience  HoneYour Messaging  Targeted Messaging  DriveTraffic  Growth Hacks
  • 20.
  • 21.
  • 22. 1. Post on Slideshare,Visual.ly,YouTube 2. Write Guest Blog Posts on Relevant HighTraffic Authority Sites 3. Answer Questions on Quora/Forums 4. Comment marketing 5. Trend on Hacker News or Reddit 6. Press Coverage RememberYMMV, so test out each of these How to Create Original & Unique Content - Survey, Infographic
  • 23. 7. Start a Meetup/Facebook Group & Post there 8. Post on Craigslist, OLX, Quikr 9. Conduct Webinars 10. Create whitepapers for download 11. Twitter – Piggyback on a relevant trending #, or events 12. Piggyback on large events in your space – PPC ads 13. Powered by “…” in SAAS companies
  • 24. If you can predict what people will search today - you can find several hacks 1) You can create content ahead of time, so that you are found in SEO results 2) You can run advertisements on that search in Google and Facebook How to Predict?
  • 25. Source: PushEngage Aggregate Data, MailChimp * Signup at www.pushengage.com
  • 26. * Source : Compete.com Research -2012 Getting #1 Rank in SEO = Growth Hack
  • 27.  Target LongTail/Mid-tail keywords  Easier to Rank, due to low competition ▪ If you aggregate several Long tail/mid-tail keywords, they add up to good chunk of traffic. ▪ SAAS : Use FAQs as a way to target long tail keywords ▪ eHow.com : Built around long queries, mid tier traffic ▪ How to get a visa to India?  Ex: Ebay targets over 100 million keywords
  • 28.  Use “Structured Data” tags in content, for getting higher CTR [extra line in Search results]  Breadcrumbs  Use Rel=AuthorTag  Rating
  • 29.  Speed of Page Load Impacts SEO  Check your page loading atYSlow or Pingdom  Google PageSpeed Service.  AvoidTechnical Errors [ Check GWT]  Internal Linking  Link key pages internally  Link Building  Don’t link to root domain only. Link to deeper pages  Don’t do Anchor text stuffing  Domain Diversity - Unique C Block Domains  High PR Domains  FollowVs. No Follow Links  Speed of Link Building
  • 30.
  • 31.
  • 32. • Retargeting (Display) + Search a recommended combination
  • 33.  Target UsersThat HaveVisitedYour Site  Show them your BannerAds  To create list of users who have visited your site  Cookie using Google Analytics  Cookie using Adwords  This Increases brand recall, and improves PPC performance by 10 to 30%
  • 34.  Improve CTR of your campaign by  Use SiteLinks [ Even if you are not inTop 3 position]  Google+ Link
  • 36. KeepTest Budget of Atleast Rs 5000 for each campaign to test Keep CTR of ads above 0.2% Brighter & Large Images get Higher CTR. Use information from the Fan page/Other sources to determine what is trending/popular and use in Ad. Remember, MisleadingAd Copy Can Get Clicks, but poor Conversion
  • 37.  Pause Ads when Frequency >3  Frequency = Number of times a person sees the same ad  Pause Ads during low conversion periods = Midnight to morning.This alone boosts performance by 20 to 30%  Custom Audience CanYieldVery High Returns  Can RunAds against your database.  Look alike audience  Retargeting in FB also known to boost results
  • 38.  QuickSprout – SEO, Content Marketing  Search EngineWatch – SEO, PPC  Occam’s Razor – Analytics 1. Alexa/Similarweb 2. SEOMoz 3. Google Analytics 4. Adwords Editor Email: ravi@srijancapital.com, @trivediravi