Some people seemingly default to easy-to-measure marketing channels such as pay-per-click advertisements rather than choosing other channels such as print and television advertisements, whose effectiveness can be more difficult to track…
Imagine that you are really great at attracting new customers. However, the vast majority of the folks that you convince to try your product use it only a small handful of times and drop off. You don’t want to be losing customers as soon as you get them since your…
Unless your business is selling very high-ticket items such as real estate or luxury yachts, which most people buy rather infrequently, you probably want your customers to use your product consistently and intensively. If your customers use your product all the time…
As mentioned previously, the best metrics are ones that fit your business model, objectives, and success criteria. Nonetheless, below are a few acquisition metrics that are commonly used by businesses and can serve as a solid starting point for your own growth efforts…
Without good data, you won’t be able to reliably analyze the results of your…
A key part of the growth science methodology is iteration. It’s not enough to form…
By utilizing experimentation to help us decide if changes to product, marketing, and…
This post is part of the Growthzilla Book series, which is an online draft of the print edition that will be available in 2018.
When you model your business, you will likely find that there are many ways that you can…
In the previous section we covered common revenue growth models to understand how companies make money on different types of products. In those models, revenue was driven by essentially the same three factors: