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Using Your Growth Model to Drive Smarter High Tempo Testing

  • 1. Testing with a Growth Model Using a Growth Model for more Effective High Tempo Testing
  • 2. Testing Drives Growth Twitter boosts testing tempo 20X GH boosts testing tempo 10X
  • 3. High Tempo Testing Process Analyze IdeasPrioritize Test
  • 4. Analyze Growth Model First Analyze IdeasPrioritize Test
  • 5. Establish a North Star Metric •  Provides lens for measuring sustainable growth •  Should be correlated with value delivered to customers •  Examples: Airbnb nights booked, Facebook DAUs
  • 6. Understand Your Growth Model Relationship between variables that move your North Star Metric •  Acquisitio - Sources and motivation to try •  Ac - Aha moment •  - “Must have” experience •  - User-get-user loops Acquisition Activation Retention Referral
  • 7. Build Your Growth Model ? (Aha Moment) ? ? (North Star Metric) ? Acquisition Activation Retention Referral Revenue ? *simplified (Core Benefit)
  • 8. LinkedIn Example Growth Model* SEO Int’l expansion Invites (Aha Moment) Create profile, 4+ connections Stay connected with work people (North Star Metric) Profile connections Acquisition Activation Retention Referral Revenue Invites *simplified (Core Benefit)
  • 9. What’s Your “Aha Moment”? •  Elements of an “aha moment” –  First taste of core benefit –  Achievable on first visit –  Significantly increases likelihood of revisit •  If NO “aha moment” reached on 1st visit, unlikely to ever see prospect again
  • 10. Growth Model for GrowthHackers* Invites (invites) Unique growth insights from testing (North Star Metric) Card hops SlideShareAcquisition Activation Retention Referral Revenue Twitter Sharing a great idea (Aha Moment) *simplified (Core Benefit)
  • 11. Analyze to Find Leverage in Model (invites) Unique growth insights from testing Card hops Acquisition Activation Retention ReferralSharing a great idea (Aha Moment) InvitesSlideShare Twitter (North Star Metric) Revenue (Core Benefit)
  • 13. Deeper Understanding of Problem No ideas added yet
  • 14. High Tempo Testing Process Analyze IdeasPrioritize Test
  • 15. Generate Ideas in Leverage Area Majority of new ideas should be in leverage area Activation
  • 16. Formalize ideas in Experiment Doc •  Include hypothesis, research, target lever ICE Score 1 - 10 I - Impact C - Confidence E - Ease
  • 17. High Tempo Testing Process Analyze IdeasPrioritize Test
  • 18. Team Members Nominate Ideas Filter to focus area Sort by ICE score
  • 20. High Tempo Testing Process Analyze IdeasPrioritize Test
  • 21. Launch and Manage Testing
  • 28. Weekly Growth Meeting Agenda 15 min: KPI review & update focus area 10 min: Review last week’s testing sprint 15 min: Key lessons learned from analyzed tests 15 min: Select next tests via nominations 5 min: Check growth of idea backlog
  • 29. Manage High Tempo Testing 1) Team Ideation 2) Prioritize Testing 3) Capture Learning Try GrowthHackers Projects Free Projects.GrowthHackers.com GrowthHackers Projects