Do you want to get your product in front of more customers? Are you looking for new ways to market your product or service to get more sales? If you answered yes to either of these questions, then growth hacking is a tool that you should look into.
The term ‘growth hacking’ was first used in 2010 by Sean Ellis. It is described as the process of generating new growth through techniques that are based on hacking. These techniques include customer development, A/B testing, beta testing and crowdsourcing.
The idea behind growth hacking is to make your product successful by utilizing several marketing channels at the same time. By applying this approach, you will be able to test your product at various stages of its lifecycle, making it possible to see which channels are more successful than others.
To apply growth hacking in your company, there are several elements that you need to consider.
Those elements include finding the best channels for promoting your product, developing and optimizing your products or services, and connecting with the right audience.