better insights for faster growth by sean ellis

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Better Insights for Faster Growth Sean Ellis August 22nd, 2012 Blog: Startup- Marketing.com Twitter: @SeanEllis 1 Twitter @SeanEllis Startup-Marketing.com

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Sean Ellis was the first marketer at several notable startups, including Dropbox, LogMeIn, Lookout, Xobni and Uproar. At LogMeIn and Uproar he led marketing through the NASDAQ IPO filings. Sean is now founder and CEO of Qualaroo, a startup launched in 2011 and backed by several leading VCs.

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Page 1: Better Insights for Faster Growth by Sean Ellis

Startup-Marketing.com 1

Better Insights for Faster Growth

Sean EllisAugust 22nd, 2012Blog: Startup-Marketing.comTwitter: @SeanEllis

Twitter @SeanEllis

Page 2: Better Insights for Faster Growth by Sean Ellis

Startup-Marketing.com 2

Startup Growth Pyramid

Twitter @SeanEllis

Objectives

Page 3: Better Insights for Faster Growth by Sean Ellis

Startup-Marketing.com 3

Use Insights to Achieve Objectives

1. Have a clear objective

2. Best insights to achieve it

3. Apply insights to experiments

Twitter @SeanEllis

Page 4: Better Insights for Faster Growth by Sean Ellis

Startup-Marketing.com 4

Objective: Product/Market Fit

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Objective

Page 5: Better Insights for Faster Growth by Sean Ellis

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Gather Product/Market Fit Insights

Pre-MVP feedback (interviews)• Verify problem exists• Understand importance• Any current solutions?

Post-MVP feedback (surveys)• What % “must have”?• Why a “must have”?• Who loves it? (filters)

Twitter @SeanEllis

Page 6: Better Insights for Faster Growth by Sean Ellis

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Apply P/M Fit Insights

If weak problem validation: rethink business

Apply must-have results (Survey.io)“How would you feel if you could no longer use [product]?”

Twitter @SeanEllis Startup-Marketing.com

“Very Disappointed” ActionsMore than 40% Focus on retention cohorts, start transitioning

Less than 40% Keep iterating product, positioning, and targeting

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Objective: Growth Preparation

Twitter @SeanEllis

Objective

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Growth Prep Sub-Objectives

• Develop effective promise & hook

• Indentify conversion issues

• Identify key “aha” moments

Twitter @SeanEllis

Page 9: Better Insights for Faster Growth by Sean Ellis

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Gather Promise & Hook Insights

Questions for developing promise (email survey)• What is the primary benefit that you have received?

(multiple choice survey)• Why was the benefit important? (open ended survey)

Questions for developing hooks• Why did you originally sign up? (email survey)• What did you come to this site to do today? (realtime

survey)

Twitter @SeanEllis

Page 10: Better Insights for Faster Growth by Sean Ellis

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Identify Conversion Issues

Example questions to ID conversion issues• Why did you register and decide not to download?

(email survey) • Is there anything preventing you from [Action] today?

(realtime survey)• Did you find what you were looking for on this page?

(realtime survey)• Is there anything preventing you from making a purchase

today? (realtime survey)

Twitter @SeanEllis

Page 11: Better Insights for Faster Growth by Sean Ellis

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Identify Aha Moments

User testing (live or online)

Survey with activity filters (or query by action)• How would you feel if you could no longer use this

product? (filter by actions taken)• Which of the following have you done (select all the

apply)?

Twitter @SeanEllis

Page 12: Better Insights for Faster Growth by Sean Ellis

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Apply Insights to Testing 1st UX

Experiment • Combos of hooks & promise• Address conversion issues• Front load aha moments

Goals • Smooth path to must-have UX • Max % that reach experience

Twitter @SeanEllis

Page 13: Better Insights for Faster Growth by Sean Ellis

Startup-Marketing.com 13

Objective: Scaling Growth

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Objective

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Gather Growth Insights

Example questions (Survey/Interviews 2-5)1. How did you discover [ProductName]? (realtime survey)2. Why did you originally decide to try [ProductName]?3. What did you use prior to [ProductName]?4. If [ProductName] weren’t available, what would you use instead?5. How does [ProductName] fit into your workflow?

Twitter @SeanEllis

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Apply Insights: Breakthrough

• Best context to reach people?• Greenfield or switchers?• Keep engaging/experimenting

Breakthrough ideas after engaging

Twitter @SeanEllis

Page 16: Better Insights for Faster Growth by Sean Ellis

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Summary

• Start with the objectives

• Uncover relevant insights

• Apply insights to testing

Twitter @SeanEllis

Sean EllisBlog: Startup-Marketing.comTwitter: @SeanEllis