GrowthHackingIdea - A 70% conversion rate for this channel
You finally managed to create that champion ad with the lowest cost per click and cost per lead! Yeahaa!
But after a while, you find out that only a fraction of those leads convert into paying customers.
Oh, snap.
Meanwhile, according to a study, there is a channel that converts 70% of time.
What is it?
It's referral.
If you didn't think of this due to the high cost of an incentive you need to give away for inviting a referral, look at your ad ROI and think again. ;)
Maybe there is a reason why Uber is so generous. ;)
Cheers,Charlie Patel ;)
Your friend wants to get access to our invite-only community of growth hackers from companies like Uber, Google, Microsoft, TechStars, Disney, Adobe, Coca-Cola, Amazon, etc.? Here's your personal invitation link for him/her: http://e.growthhackingidea.com/?ref=2145324&a4=1&a5=9
Unsubscribe | GrowthHackingIdea / StartupGrowth.com | 1460 Broadway New York, NY 10036
Older messages
+58% to CTR (easy-peasy)
Friday, August 12, 2022
Today's hack +58% to CTR (easy-peasy) You invest hours into making your emails (and your logo ;)) look cool and professional, but sometimes it hurts your conversions. This is what happened to the
100K shares (study) + A viral template
Tuesday, August 9, 2022
Today's hack 100K shares (study) + A viral template How many of your posts on Facebook went viral? It's hard to admit but 99.9% of people have had 0 viral posts. That's because 99.9% don
3% of inactive subscribers became paying
Monday, August 8, 2022
Today's hack 3% of inactive subscribers became paying What would you do if you had a cohort of inactive email subscribers who hadn't been seen in over 7 months? Venngage didn't know what to
Grow revenue 49% faster (9 facts)
Sunday, August 7, 2022
Today's hack Grow revenue 49% faster (9 facts) It's almost 100% guaranteed that your competitor leverages video marketing. If you haven't joined this "movement" yet, that's
1 smart way to win back canceling customers
Saturday, August 6, 2022
Today's hack 1 smart way to win back canceling customers It's hard to change the mind of canceling customers, but they are still a better opportunity than trying to convert someone who's
You Might Also Like
Why marketers are leveraging predictive, generative and autonomous AI
Monday, April 29, 2024
Guide: The AI trends e-commerce brands are deploying for a competitive edge
The marketing strategy you overlooked
Monday, April 29, 2024
Today's Guide to the Marketing Jungle from Social Media Examiner... Presented by Social Media Marketing World logo It's Hairstyle Appreciation Day, Reader! It's a good day to 🙏 thank the
Podcast app setup
Monday, April 29, 2024
Open this on your phone and click the button below: Add to podcast app
Quiet Quitting vs. Setting Healthy Boundaries: Where's The Line?
Monday, April 29, 2024
One in three employees are quiet quitting in 2024. Is quiet quitting synonymous with setting healthy boundaries — or does it suggest a deeper problem?
See who's speaking at SaaStr Annual this year
Monday, April 29, 2024
And save 20% before prices go up May 1 To view this email as a web page, click here SaaStr Annual 2024 | Sept 10-12 | SF Bay Area Hey SaaStr Community, We're gearing up for SaaStr Europa 2024 in
There Is So Much Money Sloshing Around The System
Monday, April 29, 2024
Listen now (2 mins) | READER NOTE: This Thursday I am hosting a free webinar for anyone who is trying to transition into a new job in the bitcoin and crypto industry. Previously, my team and I have
Agtech's big valuation reset
Monday, April 29, 2024
Corporate buyers lead on IT deals; layoffs drag down gaming stocks; RevenueCat bags $12M for subscription management Read online | Don't want to receive these emails? Manage your subscription. Log
Cycling Mikey
Monday, April 29, 2024
Before we as leaders have a difficult conversation, we need to understand how we present the information is as important as the information itself.
Core Update Homework ✏️
Monday, April 29, 2024
To-dos after a Google Core Update.
🔔Stagflation & the miserable economy
Monday, April 29, 2024
One metric shows how the US today compares the painful landscape of the 1970s