GrowthHackingIdea - Retention: from 50% to 87% (study)

Today's hack
Ryan applied this trick (not recommended by experts). And it increased his retention from 50% to 87%...

Ryan Luedecke - the CEO of SumoJerky (a subscription box service that sends beef jerky), had one trouble:
1. He was losing $3.95 of his own money per trial subscriber.
2. Only 50% of trial users were retained.

Ryan applied one unpopular trick that increased his retention from 50% to 87%.
Here's what he did.

He replaced a few automated steps with manual ones:

1. Before allowing them to accept a free trial the subscriber was asked to reply, "YES, I want it".
2. The reply goes to Ryan's personal email.
3. Ryan asks for dietary restrictions, taste preferences, and why the subscriber decided to sign up.
4. Subscriber replies back with taste preferences.
5. Ryan replies with a link to signup and a code for a free bag.
6. Subscriber signs up.
7. Ryan customizes the subscriber’s trial order to match preferences then personally writes back to thank the subscriber.

Results:
1. Retention increased from 50% to 87%.
2. It helped build authentic relationships.
3. He learns insights about why people sign up.

Source: sumo.com


Cheers,
Charlie Patel ;)

Want to hang out with fellow growth marketers and SaaS founders who love amazing deals. Join the FB Group


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

Key phrases

Older messages

How to stop losing 68% of your customers

Monday, January 30, 2023

Today's hack The Rockefeller Corporation studied how to stop losing 68% of your customers... The Rockefeller Corporation studied why customers leave one company for a competitor and found the

+/-18% conversions from a signup form (test)

Sunday, January 29, 2023

Today's hack Did you try to place “we will never spam you!” on your signup form? Here are the results you'll get... Michael Aagard decided to increase his conversions from a signup form. He

Boost ROI by 2.7x, when nothing helps

Saturday, January 28, 2023

Today's hack [ʺStudiesʺ] Boost your ROI by 2.7x, when nothing helps no matter what you do... When you check new startup/product ideas, or A/B test your sales page, you need to invest in traffic.

3 alternatives to drained channels

Friday, January 27, 2023

Today's hack When all your paid channels get drained, check out these 3 alternatives... When you have a good revenue-generating product and a budget to accelerate your growth but all paid channels

Pinterest`s recent big win (+ how-to)

Thursday, January 26, 2023

Today's hack How Pinterest recently achieved significant improvements in SEO traffic and in signup conversions... Huge players like Pinterest have optimized almost everything. And it's OK if

You Might Also Like

Meet the Man Killing Google Search...

Friday, April 26, 2024

Who is responsible for Google's core product...search? Google's head of search has recently been in the news as he called an all hands on deck meeting to tell Google employees of a new

Reader, your $1,000 discount expires today.

Friday, April 26, 2024

Hey Reader, For our first 2024 EcomCrew Premium launch, we're offering new members 50% off ALL our plans. The offer comes with a 30-day, no-questions-asked money back guarantee, but you should sign

LUC #51: Domain-Driven Design Demystified: Bridging Development and Business Needs

Friday, April 26, 2024

Plus, how elasticsearch works, what makes an API RESTful, and server-sent events explained ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Consensys Sues SEC Over Ethereum Classification

Friday, April 26, 2024

Plus FBI Highlights Risks in Crypto Mixing Post-Samourai ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Digiday Awards: Join the list of past winners from Carhartt, Adobe, Dentsu and more

Friday, April 26, 2024

One week left to secure the lowest rate on entries ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

TikTok ban (for real this time?) [Crew Review]

Friday, April 26, 2024

EcomCrew Premium is 50% off until midnight. This is your last chance to grab the offer that comes with a 30-day money back guarantee—no questions asked. Sign up here. Hey Reader, President Biden has

Let AI build your online business by remote control

Friday, April 26, 2024

This helps make success on ClickBank easier than ever before! View in browser ClickBank Yesterday's live training was mindblowing ClickBanker, did you miss it? Bill McIntosh (Our AI Expert

Code yellow, I repeat CODE YELLOW 📢

Friday, April 26, 2024

​ ​ ​ TGIF. This is the Niche Nugget. A monthly roundup where we bring you SEO and creator news and insights from across the industry. What happened? What's it all mean? We've got you covered.

Influence Weekly #334 - Hot Off The Press: Seasoned Influencers Reveal Their #1 Concern For 2024

Friday, April 26, 2024

Meta's “Twitter Killer” Threads Surges Past Elon Musk's X In Shocking Metric Upset ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Weekly Dose of Optimism #91

Friday, April 26, 2024

Anduril, TikTok, OpenCRISPR-1, Space Economies, Stripe Crypto & Sculpture ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏