Growth Hack Your Business Understand the People Behind the Data Sean Ellis & Hiten Shah
Sean Ellis is the CEO of Qualaroo and founder of GrowthHackers.com. Prior to Qualaroo, Sean held marketing leadership roles with breakout companies including Dropbox, LogMeIn (IPO), Uproar (IPO), Eventbrite and Lookout. Hiten Shah is the co-founder of KISSmetrics. He's been creating and growing self-funded and venture backed SaaS analytics businesses since 2005. He is a sought after mentor and advisor to entrepreneurs and their companies.
Join Us On Twitter! @SeanEllis @hnshah #KISSwebinar
The Data Paradox ★ We have access to more data than ever before. ★ Data can turn into a distraction. ★ Easy to forget that real people are under the numbers.
Start By Reverse Engineering Success ★ You are problem solvers — need to stop chasing problems. ★ Identify success first. Work backwards.
How To Reverse Engineer, 1 Identify ‘must-have’ customer, 2 Find their path to success, 3 Learn how they discovered you, 4 Understand needs prior to your solution
Must-Have Customers Quantitative • How are customers using the product? • How often do they use it? • Which features do they use? Qualitative • What do they love about it? • What would they use instead if it weren’t available?
Identify Habitual Users
How Often Do They Use It?
Which Features Do They Use?
Identify Must-Have Customers
Learn What People Love
Successful On-Boarding Quantitative
First Feature Discovery
Pre-Signup Activity
Why Did They Sign Up?
Why Did They Buy?
Why Did They Visit Certain Pages?
Discovery Of Your Product Quantitative • What channels brought people to your website? • What are the most valuable sources of traffic? Qualitative • Where did they first hear about it? • Why did they decide to check it out?
Channels That Brought People
Most Valuable Sources Of Traffic
Where Did They First Hear About It?
Why Did They Decide To Check It Out?
Need / Solution Fit
What Are People Searching For?
What Features Do People Want?
What Problem Are They Trying To Solve?
What Other Solutions Did They Consider?
Fix Conversion Issues First
How To Identify Your Conversion Issues ★ Path analysis in analytics Where do they abandon? Study that spot ★ Ask them via exit survey “Is something preventing you from checking out?” Example: Why we had 97% drop-off at download Losers only focus on the 2% of conversions they receive from their website. Winners focus on the 98% that didn’t convert. ! — Avinash Kaushik, Author & Digital Marketing Evangelist (Google)
Where Do People Abandon?
Exit Surveys
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Growth Hack Your Business by Understanding the People Behind the Data
1. Sean Ellis & Hiten Shah
Growth Hack Your Business
Understand the People Behind the Data
+
2. Hiten Shah
KISSmetrics
@hnshah
Sean Ellis
Qualaroo
@SeanEllis
Hiten Shah is the co-founder of KISSmetrics. He's
been creating and growing self-funded and venture
backed SaaS analytics businesses since 2005. He is a
sought after mentor and advisor to entrepreneurs and
their companies.
Sean Ellis is the CEO of Qualaroo and founder of
GrowthHackers.com. Prior to Qualaroo, Sean held
marketing leadership roles with breakout companies
including Dropbox, LogMeIn (IPO), Uproar (IPO),
Eventbrite and Lookout.
3. Join Us On Twitter!
@SeanEllis @hnshah
#KISSwebinar
4. We have access to more data than ever before.
Data can turn into a distraction.
Easy to forget that real people are under the numbers.
The Data Paradox
★
★
★
5. You are problem solvers — need to stop chasing problems.
Identify success first. Work backwards.
Start By Reverse Engineering Success
★
★
6. 1 Identify ‘must-have’ customer
2 Find their path to success
3 Learn how they discovered you
4 Understand needs prior to your solution
How To Reverse Engineer
8. Must-Have Customers
Quantitative
• How are customers using the product?
• How often do they use it?
• Which features do they use?
Qualitative
• What do they love about it?
• What would they use instead if it weren’t available?
14. Successful On-Boarding
Quantitative
• What’s the first feature people used?
• How many times did they visit before signing up?
• What pages did they visit before they signed up?
Qualitative
• Why did they sign up?
• Why did they visit certain pages?
21. Discovery Of Your Product
Quantitative
• What channels brought people to your website?
• What are the most valuable sources of traffic?
Qualitative
• Where did they first hear about it?
• Why did they decide to check it out?
26. Need / Solution Fit
Quantitative
• What are the top use cases for your product?
• Which features do people want?
Qualitative
• What problem are they trying to solve?
• What other solutions did they consider?
32. Start by improving existing opportunities not new traffic.
★ Learn about people who don’t visit key conversion pages.
Fix Conversion Issues First
Find the points where people abandon your website.
Test and measure pages, flows and cohorts.
★
★
★
Utilize quantitative and qualitative data to learn from your
website visitors and existing customers so you can do be er
A/B testing to improve your conversions.
33. How To Identify Your Conversion Issues
★ Path analysis in analytics
★ Ask them via exit survey
“Is something preventing you from checking out?”
Example: Why we had 97% drop-off at download
Where do they abandon?
Study that spot
Losers only focus on the 2% of conversions they receive from
their website. Winners focus on the 98% that didn’t convert.!
— Avinash Kaushik, Author & Digital Marketing Evangelist (Google)
37. CRO Is Critical For Channel Building
★ Stack odds for marketing success
★ Organic momentum from positive experience
Things that work, work better
Things that didn’t work can now become profitable
Conversion Rate Optimization (CRO) is the single
most effective way to maximize your marketing
channels and increase your ROI.
39. 1 Focus on what works and double down
2 Growth momentum built around a strong core
Power Of Momentum
Understand
and Optimize
Must Have
Experience
Test New
Channels