Growth Hacking
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Some Key Elements of Growth Hacking include:
1
Constant Experimentation: The Growth Hackers conduct ongoing testing and experiments to identify which tactics generate the best results.
2
Intensive use of Data: It relies on data analysis to make informed decisions. The Growth Hackers often use specific metrics to evaluate the success of strategy.
3
User Focus: The Growth Hacking focuses on deeply understanding users and finding ways to meet their needs quickly and effectively.
4
Creativity: The Growth Hackers are known for thinking outside the box and found innovative solutions to boost the growth.
5
Virality: The creation of viral campaigns or tactics that encourage rapid spread of the product or service is a key component.
6
Conversion funnel optimization: Special attention is paid to each stage of the conversion funnel, from user acquisition to retention and monetization.
7
Focus on Efficient Cost: The Growth Hacking is characterized by seeking low-cost strategies that generate a significant impact on the growth of the company.
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