VIDEO: What is Growth Hacking? (Drop Box Example)

VIDEO: What is Growth Hacking? (Drop Box Example)

WATCH: What is Growth Hacking? (Drop Box Example)

 

Growth hacking is a great way to market and grow your business without spending tons of money.
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Growth hacking is a rapid experimentation process in which you continually change your marketing to grow faster. Growth hacking involves multiple departments within an organization, such as engineering, development, and product.

For example, when Dropbox came out they tried paid advertising. They were spending over $200 to acquire a user who spent $60 a year which didn’t make sense.

The way they growth hacked their business was through a referral base program. Nowadays you can get extra “free” storage by inviting other users.

Uber has similar product flows, which have helped them grow as well.

There is no one trick that you can apply to every business for massive growth. More so you have to continually test to see what is working and what isn’t. But once you crack nut you’ll notice that your growth will skyrocket. Are You a Rockstar Entrepreneur?

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One Reply to “VIDEO: What is Growth Hacking? (Drop Box Example)”

  1. Hello ,

    I saw your tweets and thought I will check your website. Have to say it looks very good!
    I’m also interested in this topic and have recently started my journey as young entrepreneur.

    I’m also looking for the ways on how to promote my website. I have tried AdSense and Facebok Ads, however it is getting very expensive.
    Can you recommend something what works best for you?

    I also want to improve SEO of my website. Would appreciate, if you can have a quick look at my website and give me an advice what I should improve: http://janzac.com/
    (Recently I have added a new page about FutureNet and the way how users can make money on this social networking portal.)

    I have subscribed to your newsletter. 🙂

    Hope to hear from you soon.

    P.S.
    Maybe I will add link to your website on my website and you will add link to my website on your website? It will improve SEO of our websites, right? What do you think?

    Regards
    Jan Zac

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