Growth Hacking

5 Most Effective Strategies for Growth Hacking

Ranjeet Kumar Growth Hacking , , ,

growth-hacking

In this blog, I am covering the five most effective growth hacking strategies to take your new business to great heights.

  1. Identify growth goals that need not to be extravagant but achievable
  2. Referral Program
  3. Platform Hacking
  4. Use Retargeting Ads
  5. Remarketing Tools

The term growth hacking has created a lot of buzz already, with Facebook, Hotmail, Twitter, Instagram etc having grown beyond expectations and estimations of many renowned growth experts world over. You must be thinking what’s this new jargon is all about, right? Well, growth hacking is actually the linchpin for startups to grow a new business and it is completely different from traditional means of marketing, like ads on television, radio, newspaper or setting up big distribution partnerships. Until now, Search Engine Optimization(SEO) was the only means to grow business by attracting visitors to a particular website through improvement in its ranking in search engine results. However, SEO is not enough to get the much-needed growth to your business now, you must employ growth hacking techniques along with SEO to achieve the objective.

The distinction between conventional marketing and growth hacking is very important to understand to get your business what it needs to survive in the very beginning – GROWTH. Growth hacking means using marketing tricks that are effective to increase user base for new companies. Growth hacker has only one business to do, increase the numbers of users and make every decision from the perspective of growth only, nothing else at all. Growth hacking strategies are meant to make your presence viral on the internet so that people can take a good note of what you are saying and offering to them.

The aforementioned statement does not implicate that traditional marketing tricks do not target growth, but the approach is highly intensive when a new company adopts growth hacking. Growth hacking does not mean getting 10 million users for your business in no time. Instead, it means getting a first few users who will get you more users with everyday passing by. For example, cross-posting on Craigslist did wonders for AirBnb and increased its user base to an extent that left its counterparts scratching their heads.

  1. Identify growth goals that need not to be extravagant but achievable 

First, ensure to have 10,000 visitors on your product page. Put ads on social media and use influence marketing to generate leads. You can increase traffic on your website through blogs, so pay special importance to it and use remarketing to ensure conversions of at least 5 bounced site visitors every two weeks.  Read full blog at-5 Most Effective Strategies for Growth Hacking

Apart from that you can also learn more growth hacking, web development,web design and mobile apps development blogs to increase your skills.