Is growth hacking really just smart marketing?
Zainab Saeed
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orliesaurus@orliesaurus
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Growth can be hacked. You're doing marketing in an innovative way. I would agree with your statement, growth hacking truly is just smart marketing.
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@orliesaurus, what sort of growth hacking strategies would you suggest for an edtech company? I want to learn more about growth hacking because we recently launched a program on 'Growth hacking' (https://learn.qureos.com/learnin...) and I want to share these learnings with my student community.
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@zainab_saeed1 depends on which market slice of edtech. most companies should leverage their teachers to grow exponentially. teachers are hungry and are amazing allies. classdojo, kahoot, duolingo etc are all teachers favorite tools because they make their work fun, better and most importantly helps class engagement
WorkHub
Growth hacking uses data analysis and technology to get more users for a product or service. Growth hackers focus on getting their products into the hands of their users, using whatever means possible. The term is a combination of two words: growth and marketing. So it is marketing, but it is not just marketing. A growth hacker is a person whose primary job is to create and implement marketing strategies that result in higher levels of growth.
@ali_shaheen thank you for sharing your thoughts. We have launched a program on growth hacking (https://learn.qureos.com/learnin...) and have added the aspect of data analysis in it but not marketing. I'm doing my research on this so that our learners could get a clear idea of what growth hacking is.
I would say yes-ish... but I think it's looking at where growth can come from that isn't what we've traditionally considered marketing channels. For instance, what experiences can you create in your product that will contribute to your k-factor? Additioanlly, I think there's a mentality around rapid and bite-sized tests so quick learning happens - I think that feedback cycle was often slow in traditional marketing.
loved this @brenna_donoghue. We launched a program on growth hacking https://learn.qureos.com/learnin..., and one of our students suggested that marketing could be a part of it. I needed to hear what others have in mind, I really appreciate this.
No, it's about all the little things you can do to temporarily augment specific metrics. I'm not sure it's fundamentally interesting to dig further!
@clementrog, how would you define 'little things? I need to find that one thing that differentiates growth hacking from marketing.
"Growth hacking", I think it's just a fancy word for marketing in general. Growth hacking is still growing a business, and you often do that through sales and marketing.
Some might argue that a growth hacker is a person utilising growth hacks, but it's limited how many growth hacks there are. And when they're discovered then the channels close them pretty fast.
@phillipstemann heeyy, thank you!! Through my observation and talking to different people, I have understood that growth hacking involves trying out other tools and finding out which works best for your brand. In contrast, marketing is all about the platforms and the campaigns you're running. Growth can support marketing, but they're different. Please correct me if I'm wrong.
I want to have a clear concept of growth hacking (https://learn.qureos.com/learnin...) because we have curated a program on growth hacking, and I want to have a clear idea of it before presenting it to my audience.
@phillipstemann No it's not, Ex: If you can hack LinkedIn you can tag 30,000 people on a single post, requires serious development skills though.
@phillipstemann @zainab_saeed1
As a Growth professional i can try to clarify some doubts
"Growth Hacking" is an outdated naming (even the creator no more like it > https://www.linkedin.com/pulse/g... ).
Nowadays there are a lot of Growth professionals, you can find it in small startups and in the biggest companies (Meta, Spotify, Uber, Amazon etc. etc.). You can also notice how every big company have Growth, Marketing, Performance (and so on...) department well divided.
So: "Growth" (without hacking) is definitely not a fancy word to name (smart) marketing.
And it's not about tricks, hacks and tactics too.
It's a precise methodology to fast experiment on both marketing and product with a multidisciplinary team. It's based on data models, frameworks and strategy.
You can also read more on this article from Brian Balfour (ex. Growth @ Hubspot)
https://brianbalfour.com/essays/...
It includes engineering and product managers and implies custom development rather than simply traditional marketing assets, which I'm not sure "just smart marketing" gets across. So I think someone that gets the idea it's "just smart marketing" probably has a fairly incomplete understanding of what it really takes to do properly. It's really more smart product management that includes the marketing team as part of the team than it is pure marketing. This is especially true when going down the product lead growth route.
@jesse_ezell Ohh!! this is interesting. I honestly didn't know that it has an aspect of product management. Actually, we have curated a program on growth hacking (https://learn.qureos.com/learnin...) and I'm collecting information which I could share with our apprentices.
Growth Hackers Guide To Producthunt
Sean Ellis, the godfather of growth hacking has posted an article on its podcast about this confusion on what growth hacking is and isn't.
https://gopractice.io/skills/gro...
@jas801 thank you so muchhh!! We have a community of 2000+ apprentices (https://learn.qureos.com/learnin...), I'll share this with them.
Growth Hackers Guide To Producthunt
@zainab_saeed1
I was wondering if your community struggles as well with implementation of automation?
Currently, I am developing a course which teaches how to use no-code platforms such as
Phantombuster, Dux Soup and Akkio, to do Linkedin Lead Gen, Social Media webscraping, and basic data science, like augmented lead scoring and predicting marketing budgets.
I believe you don't need to 'code' to do growth hacking well, but you need a basic understanding how data is used in websites and CSV's.
Would you guys be interested in such a course?
It feels like growth hacking is rooted in "exploits." System errors or missed possibilities that users take advantage of.
Back in the day, we'd publish a website with a white background. The background however would have one word just copy and pasted all over it. That was our desired keyword, and we made the text white and unselectable. But back then, Google scanned the background and saw our keyword so many times that it ranked. A lot's changed since then, but it makes the point. It's an obvious exploit that's now been corrected.
Another example is on Instagram today. IG promotes reels like crazy, and some accounts that don't post videos couldn't take advantage of reels' natural distribution. So they took the same quotes they posted as static images, and made them into 2-second videos and posted them to reels. Is that what Instagram was going for with reels? I doubt it. But it's a clever exploit.
Most of these hacks are short-term because platforms (often, not always), cut it off because it upsets too many other users. Some platforms let it go for as long as possible to keep those super-active users happy.
A rapper who worked in a fast food restaurant had a growth hack too. He would drop a mix-tape in every takeaway bag to get his music out into the world. It's a clear exploit, and I'm sure it didn't last long... but it's an applicable example. I doubt the fast food restaurant saw that coming.
In my case - anytime I go to the mall - I visit the Apple store and change all the computers, so the default webpage is for my newsletter... not sophisticated. Still, it's not the apple stores intended usage of their display computers, yet here I am with extra subscribers.
Good copy, design, and good ideas are not hacks. Being great at IG ads doesn't mean it's growth hacking. Once 5, 6, or 7 + channels start going for one company, then hacks are easier to find and exploit.
I hope that helps draw some lines! This was my first post on the PH community.
Do you know if I'm allowed to drop and link and say "subscribe to my newsletter" at the end of posts like this? 😅
@darwin_binesh Hey thank you for this detailed answer. I appreciate this. We have launched a growth hacking learning path(https://learn.qureos.com/learnin...), and I'm gathering information so that we can make it better. In growth hacking, you dive deep into the tools I was not using in marketing, and your examples are beneficial in comprehending what growth hacking is.
YES PLEASE share your newsletter, we have a community of almost 2000 students and I'll share with them. :)
@darwin_binesh Loved this awesome insight. I've never thought about it before, but I totally agree with what you said regarding "System errors or missed possibilities that users take advantage of."
@darwin_binesh That's the correct definition of growth hacking, some exploits require coding though.
@zainab_saeed1 thanks so much!! ☺️ thelevelups.com - that's it. Had to postpone a few emails due to technical difficulties but it'll go live on Monday!
Thanks again, really appreciate you for sharing that! Can you tag me where/when you do and I can re-share qureos? Cheers!
@iyamendoza01 Glad you like it! I'm going to share it on my newsletter if you're ever interested - thelevelups.com
Cheers!
100%
hacking is just a cool word.
but at the same time... growth hacking techniques to a certain level, do have; bending the rules kinda approaches.
VoiceLine
There's a lot of fancy terminologies out there, but bottom line there's only so many user activation channels accessible. Growth hacking to me is assessing your business situation, your product and team capabilities, and selecting the channels with highest likelihood to work for you.
For reference, these are the common channels you can leverage as a startup, for whose "growth hacking" is most relevant (quoted from Lenny's podcast):
- activate friends and colleagues
- cold target strangers that fit your ICP
- go to (digital) places that your ICPs hang out
- Hire influencers that your ICPs are following
- physical placement
- get press
- create viral content
For VoiceLines as a messaging service product, of course viral content is one of our core growth pillars
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There is a good subreddit on the topic by Ryan Holiday and me: https://www.reddit.com/r/GrowthH...
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@zainab_saeed1 We discuss it all on the subreddit. I invite you to join and read through all the posts, there are many :)
I feel this way about ABM — it's nothing but a very detailed version of smart marketing ... which we should all be doing anyway. We marketers like to come up with a bunch of fun terms to market ourselves as thought leaders on LinkedIn, haha. :)
That said, I agree with a lot of the posts on this thread that the main differentiator of growth hacking is that is generally not sustainable long-term ... it's meant to be a combination of short term, manual, innovative tactics to provide business growth. Almost the antithesis of a formalized or sophisticated marketing campaign.
@stephanie_totty 'it's meant to be a combination of short term, manual, innovative tactics to provide business growth' loved this stephanie. Thank youuuu!!! Sharing this in our slack community. Actually, we have launched a program on growth hacking (https://learn.qureos.com/learnin...) and I want to have a clear understanding of it before pitching it to someone.
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Amazing thread, reading on hoping to see more in the comments!
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What's the difference between growth hacking and marketing?
Would love to know :)
sure @gauravgoyal_gg. I'll be sharing all these insights with our mentors. Why don't you check our program, https://learn.qureos.com/learnin..., I'm having this discussion with these experts so that modules and topics are up to the par.
darklens
Growth hacking is an edgy term. It's a term made up by a marketer for marketers. So when someone claims they're a growth hacker they were fooled by another marketer who made up this term without any substantial difference to marketing.
Depends on the growth marketer you work with/hire. Some are better than others because they know the tips and tricks to accelerated growth, they understand how to reach an audience fast, convert them with right sales strategy. Other "growth marketers" are just glorified facebook ad agencies / media buyers.
Growth hackers are not only good at marketing their products but are also data-driven and analytical. They use data to guide their actions. They are marketing-savvy and thus, may be considered "hackers" of marketing. They are open to new tactics but will also be very deliberate in their execution. The ultimate end of "smart marketing" is to maximize ROI. When a growth hacker is involved, the end game is not just to maximize the customer acquisition but to maximize that customer's lifetime value.
@m_ghulam_mustafa thank youuu!!! this is helpful :D I'm excited to share this in our slack community https://learn.qureos.com/learnin...
Growth hacking is not marketing. Growth marketing is. Growth hacking is a set of functions like marketing, engineers, product developers who combined perform A/B tests.
@aldo_wink it's interesting how everyone's taking about product development and growth hacking. I had no idea about this. We have a community of 2000 students on slack and they're eager to learn about growth hacking. This pushed us to curate a learning path on growth hacking (https://learn.qureos.com/learnin...). I'm gathering information which our mentors could add in their decks and can discuss with the apprentices.