4.9 β’ 606 Ratings
ποΈ 8 September 2021
β±οΈ 47 minutes
ποΈ Recording | iTunes | RSS
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0:00.0 | What's up everybody? This is Cortland from AndyHackers.com and you're listening to the |
0:11.3 | EndieHackers podcast. More people than ever are building cool stuff online and making a lot of |
0:15.9 | money in the process. And on this show, I sit down with these endy hackers to discuss the ideas, |
0:20.0 | the opportunities and the strategies they're taking advantage of so the rest of us can do the same. |
0:28.6 | All right, I'm here with Julian Shapira, buddy of mine. |
0:31.6 | He's been on the show a few times. What have you talked about in the past, Julian? |
0:35.6 | Basically, your business demand curve and |
0:38.2 | like how to grow a SaaS business, which you've helped like hundreds of businesses do. What do |
0:44.6 | are you up to nowadays? Yeah. So demand curve is a community of like 40,000 marketers and operators. |
0:51.3 | And then we use them as research and as intel for learning how companies are growing. |
0:57.0 | And we package that intel into these playbooks. |
0:59.8 | And then we teach them to you very tactically, like hands-on. |
1:02.7 | How do you acquire customers through Facebook ads, Pinterest, you name it? |
1:05.5 | So what I've been doing this week is I've been figuring out the patterns among the fastest |
1:10.2 | growing companies that are in our community. Like who's growing way faster than they should? Like who has the cheat codes and what are they? I thought that would be a fun exercise. And this is important because property growth is the number one challenge for any startup. Like so many people start companies and they've had a cool product, they got a cool idea, they build it, they get it out there, nobody uses it. And they're like, oh, shit, I didn't realize it like actually getting people in the door. It was like the hard part. And so, I want to hear these tactics. Yeah, sure. So I'm not saying these are necessarily new, but they're just interesting. I know a lot of people don't really emphasize them. So one is something called self-liquidating funnels. A bunch of folks spoke to me about this. |
1:47.5 | And the idea here is if you can't make the economics of paid acquisition work, |
1:52.2 | if you can't get your Facebook ads to work for your business because it's just too expensive, |
1:56.1 | the idea is you can release a second product that is not the primary thing you sell. |
2:02.8 | And the second product is something cheap, And it's like an impulse buy like when you're at the checkout aisle of the supermarket. |
2:07.7 | And if you push that and if enough people buy this cheap, say $50, $20 thing, that it at least |
2:15.3 | breaks even on your ad cost, well, then the net gain is you know |
2:19.7 | have an email address and a potentially loyal new customer. And then you use emails like drip |
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