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The Expert Guide to Creating a Marketing Growth Strategy

ConversionXL

It outlines four major growth strategies: market penetration , market development , product development , and diversification. Market development. Market development involves taking existing products into new markets. Product development. During product development, test activities like: R&D.

Marketing 115
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Doing the Right Things is More Important than Doing Things Right

Both Sides of the Table

Here’s how it goes: You have a business development group with two people. Let’s say you have a marketing department with an incredibly talented leader who knows SEO, SEM, social media and how to hit the ball off the cover on press coverage. Let me give you an example. So you generate a ton of traffic to your website.

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How to Use Growth Hacking to Increase Revenue 20x in Just 12 Months

Up and Running

1x hacker in charge of product/development. Dec-15: Developer (product team). Your customer acquisition cost and lifetime value are the two magical numbers you need to calculate for each one of your campaigns. Most campaigns can be optimized to increase conversion rates and lower costs. Google AdWords or SEM (expensive).

Revenue 60
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Growth Marketing: The Skills and Frameworks You Need

ConversionXL

Yet, this was a successful growth marketing campaign. For example, a growth marketer at Grammarly might begin with the hypothesis that a promotional email campaign targeted at millennials will result in a 10% increase in new subscriptions. If your campaign works and your brand awareness metrics improve, you win. Image source.

Framework 102
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Small Business and Startups: Give Thanks (and Coupons)

crowdSPRING Blog

Couponing is a great way to do this, because it is in your control, allows you to gather valuable data, can increase traffic to your store or website, and helps to develop the all-important relationships that businesses and their customers desperately need. Related posts: Lean Marketing Tips: Increasing Lifetime Value With Email Campaigns.

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Lessons Learned: SEM on five dollars a day

Startup Lessons Learned

Lessons Learned by Eric Ries Saturday, September 13, 2008 SEM on five dollars a day How do you build a new product with constant customer feedback while simultaneously staying under the radar? SEM is a simple idea. My first AdWords campaign was limited to five dollars a day, and we were buying clicks at five cents a click.

SEM 164
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What is A/B Testing? The Complete Guide: From Beginner to Pro

ConversionXL

In general, bandits are great for: Headlines and short-term campaigns; Automation for scale; Targeting; Blending optimization with attribution. Sometimes, data tells you to build a feature that will take months to develop. Ideally, a test developer is part of prioritization discussions. Don’t start there. Opportunity.

Analytics 127