The 6 most effective strategies for Growth Hacking
The term growth hacking is itself proof that marketing techniques for startups and companies have matured a lot and have been improvised. Marketing at a later stage is not nearly as challenging as getting your name out there for the first time and this is where growth hacking comes into play.
One needs to be very creative and at the same time knowledgeable about database programming to pull off an effective growth hack in order to make a significant difference. Here are the 6 most effective strategies for growth hacking.
1. Be exclusive
Adopt a strategy that makes your product stand out and instantly available to a large group of people. It’s customer psychology that people always want to be a part of something exclusive and special.
2. Offer something for free
Although there are no free lunches in life, the term ‘Free’ can always attract people and if the word is planted strategically then they are willing to overlook the cost that they actually have to pay for the product/service they are looking for. . get free.
3. Start a referral program
Both large and small businesses have benefited from a referral program and it seems to work for both, so build a referral program for your customer to automatically attract other customers without you having to do anything about it.
4. Study the Customer’s Desire
Among the essential things to know about your customer is what exactly they are looking for in your product. Advertise that, exploit that; do what you have to do to project that same thing into your product.
5. Engage with Customers in a Language They Understand
Once you have fully understood and identified your target market, you need to get to know the culture they are used to and follow through to reach them in a language they can understand and therefore relate to you.
6. Set the product/market fit for your product
Take a survey to see how much of your target market really appreciates the product you are offering. The person who coined this term believes that at least 40% should want your product.
There is no step by step method to grow your startup or website hacking. Growth hacking breaks the natural law of organic evolution, which is why creativity and ingenuity are needed to break the barrier of initial growth.