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by philipodonnell
2962 days ago
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I agree. Growth hacking was putting features into the product so that use of the product would inherently serve as influencer marketing and social signaling by its very nature. Think 'ask your friends for goods' from early Farmville that was required to play at a high level, the first action when joining LinkedIn being to invite your other professional contacts to LinkedIn, even way back to the "free email with Hotmail" signature watermarks so everyone receiving your email learned about Hotmail. This was considered novel because it provided a mechanism for truly rapid growth for companies with plenty of active users but very little or no incremental revenue to justify the advertising spend to acquire them. The idea was how to do marketing without paying for advertising, and what did we do to every problem in the 2000's: hack it! Now its just any new or novel marketing idea from anywhere if the returns are superior to traditional marketing, which is fine, but what is the term now for products with growth features built in? |
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The truth is, everything that touches a prospect or customer is marketing. Treating your employees well is marketing. Your product is marketing. You are marketing...everything that impacts a decision to buy, even indirectly, is marketing...
It never was a dirty word...but as a marketer, I consider growth hacking to be a dirty word nowadays :(