HOW TO VIRAL YOUR BUSINESS PART 1
Introduction
Growth hacking began as a trend
but is quickly becoming a necessity. With the ever-expanding growth of the
Internet, growth hacking is absolutely vital when bringing products and
services to customers.
For years, marketers were in
charge of pushing products while coders were fully responsible for entering and
building code, or a platform. Now, however, these words have merged to create a
single system of true growth, known as growth hacking.
Marketing will always be an
essential element, but it’s important to have a single individual or handful of
employees who focus solely on the narrow growth of the company.
The Internet has truly created a
new way for businesses to grow, seemingly overnight in some scenarios.
Consumers no longer have to feel tricked in terms of product, because product
features can be directly involved in growth.
In addition to these elements,
growth hackers also understand that channels of distribution are no longer A to
B, and any sale is a positive note.
Instead, channels are now moved
or even created due to the channels created by social media. This could include
new websites or even popular blogs from trending individuals outside of the
entertainment arena. While growth hacking is currently implied to resolve
around startups, it will soon be implemented into even the largest
organizations.
In this guide, I’ll go in detail on how you can grow your
business, build your portfolio and brand using the power of the Internet.
Internet Marketing Basics
Essentially, convincing others to
visit a particular site, download a specific app, or purchase a certain product
all comes down to Internet marketing.
Whether a business or individual
decides to hire a certain person or small group of people, those within the
Internet marketing field usually consists of those with backgrounds in either
business or even the IT department.
With the rise of technology,
however, marketing and programmers have merged to form growth hackers, who
expand businesses quicker than ever before.
Internet marketing no longer
requires long hours in stuffy classrooms or in the back of crowded offices.
Instead, the basics can be learned from simply being an avid Internet user. All
the degrees in the world will not really help if individuals hate spending time
on a computer.
Great examples of individuals who
have the potential to become a successful growth hacker include those who truly
enjoy being on up-andcoming social media outlets, those who are
business-minded, those who enjoy buying and selling online, and individuals who
enjoy blogging. These examples of hands on experience quickly help newcomers
rise above the rest.
When entering the world of growth
hacking, one of the initial factors to consider would be to establish a portfolio.
When building a portfolio, there are several aspects to consider, but the main
idea is to feature your best and most relevant work.
This comes into play when
applying to a particular job or simply preparing a portfolio to extend to other
professionals. Ideally, the goal is to focus on a marketing portfolio to sell
yourself—through both past examples and promise of future excellence in a
chosen field.
In addition to establishing a
reputable portfolio, Internet marketers who wish to become growth hackers also
need to find a specific niche to focus. There are many methods and techniques
to consider when searching for a niche to enter, and most experts recommend
focusing on a niche where the party involved already show interest.
In addition to learning the ins
and outs of a particular subject, it’s also important to use the benefits of
the long tail of keywords, which focuses on several small units rather than one
large or overly popular unit, or product.
After understanding the initial
aspects of a reputable portfolio and locating a specific niche to focus study,
there are four methods of success to begin the preliminary steps of growth
hacking.
Among these four methods,
businesses must first establish relationships with their potential customers in
order to create lasting wealth. The other methods are direct response
copywriting and content marketing, both of which are key to learning the ins
and outs of growth marketing.
Finally, and perhaps the most
important step, is to have a valuable product; one worth sharing and having
others wants to share. With the understanding of the four methods of success,
growth hacking becomes more realistic and the next steps involve more direct
commitment.
True growth hackers understand that going viral is no accident,
but rather, it is an engineered response to tactical and analytical growth.
Growth hackers actually have the ability to make users want to spread the word
about their business or product by asking favors that do not seem like favors.
This collaboration will specifically discuss methods used by daily deal giants
Groupon and LivingSocial.
Within the realm of a growth
hacker, it’s important to remember that these individuals only focus on
actionable, realistic goals. These goals are then highly scrutinized using
top-notch analytics, where strengths are leveraged and weaknesses are assessed
to find optimal results.
Much like the scientific method,
growth hackers begin with a hypothesis and continue to analyze and re-attempt
experiments in order to find the best answers for ever-expanding growth in
business.
In order to truly hack growth,
one must completely understand the mindset of the consumer. Imagine those
visiting a site as a filter or funnel. Growth hackers invite all sorts of
visitors to the site, but then filter these individuals until they find which
ones are capable and willing to make a purchase, sign up for a mailing list, or
reach other profitable material.
From the initial beginnings to
the final point of checkout, growth hackers make sure nothing is left on the
table in terms of profit or growth.
Once the filter has been properly
analyzed, it can then be dissected. The funnel begins with the expanded open mouth,
where all visitors are invited to be pulled in by various levels of
enticement.
These types of pull tactics
include everything from free materials to prizes and invite users to come in
from their own free will. Gaining visitors is not an accident and growth
hackers understand how to properly entice, incentivize, and make a sale.
In addition to pull methods,
there are also push tactics, which will be discussed in greater detail
throughout the book. These push tactics are different in that they go after the
consumer rather than sit back and wait for a visitor to stop by.
These methods can best be
summarized as an ad playing before a video on a viral website. While these
methods are both effective, neither is quite as effective as the possibilities that
exist within the product method.
Product tactics are types of
growth where users are actually using the interface when sharing the message of
a product or service. This would include all social media outlets such as
Facebook, Gmail, LinkedIn, and Twitter.
Essentially, these types of
products sell themselves in the respect that your friends need to be on the
same type of service or plan in order to communicate and exist within the world
of that particular social plane.
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