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Marketing School - Digital Marketing and Online Marketing Tips

What You Can Learn From Growth Hackers | Ep. #1427

Marketing School - Digital Marketing and Online Marketing Tips

Eric Siu and Neil Patel

Business, Marketing, Careers

4.61.4K Ratings

🗓️ 28 June 2020

⏱️ 7 minutes

🧾️ Download transcript

Summary

In episode #1427, we talk about growth hacking and what it can teach you about growing your company. You’ll hear where the term ‘growth hacking’ came from, what it means, and some examples of growth hacking strategies used by companies like Dropbox and Facebook. Our central message today is that growth can come from other places within your company than its marketing team! Tune in and hear about the value of having a north star and looking in unusual places to make your business better and bigger!   TIME-STAMPED SHOW NOTES: [00:25] Today’s topic: What You Can Learn from Growth Hackers. [00:30] What is growth hacking? Anyone in a company trying to drive more revenue. [01:00] Using your unique skill in your company to generate more revenue. [01:26] Looking at Dropbox’s strategy incentivizing friends to sign up as growth hacking. [01:33] How growth hacking got perverted and has since been rebranded as growth marketing. [02:25] Doing true growth hacking by implementing data-driven marketing. [02:51] How much leverage inside a company there is outside of pure marketing. [03:03] The use of good design and UI for growth hacking; Amazon’s shipping model. [03:30] Aligning your different channels into growth hacking using growth teams. [04:26] Finding more ways to grow by looking outside of the norm! [04:53] Aligning teams using a north star for your company. [05:09] That’s it for today! [05:10] To stay updated with events and learn more about our mastermind, go to the Marketing School site for more information.   Links Mentioned in Today’s Episode:   Sean Ellis Dropbox Amazon Facebook Treehouse   Leave Some Feedback:     What should we talk about next? Please let us know in the comments below Did you enjoy this episode? If so, please leave a short review.     Connect with Us:    Neilpatel.com Quick Sprout  Growth Everywhere Single Grain Twitter @neilpatel  Twitter @ericosiu Learn more about your ad choices. Visit megaphone.fm/adchoices See omnystudio.com/listener for privacy information.

Transcript

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0:00.0

Welcome to Marketing School, the only podcast that provides daily top-level marketing tips and strategies from entrepreneurs that practice what they preach and live what they teach.

0:11.5

Let's start leveling up your marketing knowledge with your

0:14.3

instructors Neil Patel and Eric Sue.

0:19.2

All right guys before we start we got a special message from our sponsor.

0:24.0

If you want to rank higher on Google,

0:25.9

you got to look at your paid speed time.

0:28.5

The faster your website loads, the better off you are.

0:31.3

With Google's core vital update,

0:33.0

that makes it super, super important

0:34.8

to optimize your site for low time.

0:37.6

And one easy way to do it is use the host

0:40.0

that Eric and I use, Dreamhost.

0:42.0

So just go to Dream Host or Google it.

0:44.8

Find it, check it out, and it's a great way

0:47.0

to improve your load time.

0:50.4

Welcome to another episode of Marketing School. I'm Eric Sue and I'm Neil Patel.

0:55.0

And today we're going to talk about what you can learn from growth hackers.

0:58.0

Ooh, so Neil, what is growth hackers?

1:01.0

Sean Nelles has a good definition of it.

1:03.0

I don't know what the definition is on the top of my head, but I know he always talks about.

1:07.2

It's people who look at their true North Star.

1:10.0

I would say a dumb down version of growth hacking that I view it and I'm not trying to say anyone's dumb.

...

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