Growth Hacking Fundamentals
Your Growth Hacking Funnel: AARRR!
Track your customer’s journey and find opportunities to grow.
1. ACQUISITION: How do users find you?
- Tactics: SEO, Paid Ads, Social Media, Viral Loops.
- Metric: New users, website visits.
- Question: What are our cheapest and most effective channels?
2. ACTIVATION: Do users have a great first experience?
- Tactics: Onboarding optimization, clear value proposition.
- Metric: Users completing key first steps (e.g., photo upload, first message sent).
- Question: Are users getting to their “Aha! moment” quickly?
3. RETENTION: Do users come back?
- Tactics: Email campaigns, push notifications, product improvements, community.
- Metric: Daily/Weekly/Monthly Active Users (DAU/WAU/MAU), churn rate.
- Question: Why are users leaving? How can we keep them engaged?
4. REFERRAL: Do users tell others?
- Tactics: Referral programs, social sharing, viral features.
- Metric: Viral coefficient (how many new users each existing user brings).
- Question: How can we encourage users to invite their friends?
5. REVENUE: How do you make money?
- Tactics: Pricing optimization, upsells, cross-sells, freemium conversions.
- Metric: Average Revenue Per User (ARPU), Customer Lifetime Value (CLV).
- Question: How can we maximize the value we get from each user?
Golden Rule: Don’t focus on just one stage. Optimize the entire funnel for sustainable, scalable growth.