![lifeboat hacks 2016 lifeboat hacks 2016](https://i.ytimg.com/vi/KpBPM8TTRko/maxresdefault.jpg)
There are three tactics to help you achieve that:
![lifeboat hacks 2016 lifeboat hacks 2016](http://web.tradekorea.com/product/475/900475/lifeboat_1.jpg)
Naturally, in order to have a stable conversion rate, you will first need to establish sustainable traffic on your website. Leverage your strengths – When you already have some asset that requires little energy, but can produce significant results, you should use it as leverage.Ĭonduct an experiment – You have to try out a tactic and learn from your success or failure. If you cannot tell when the goal is attained, you cannot move ahead. Use analytics to track your goals – Without analytics, goals are pointless. Breaking them into smaller achievable tasks, however, can lead to overall growth. There are some definitive steps that should be taken in order for your growth hacking to be successful.ĭefining actionable goals – Too broad goals can easily turn into meaningless goals. Growth hackers are, in that case, a combination of marketers and coders, because they use technology-based solutions to accomplish their goals. This exclusive focus on growth has created various methods, practices, and tools which are foreign to traditional marketing repertoire, and the gap between the two disciplines continues to grow as time goes by. It is, in its essence, making decisions aimed towards growth. Growth hacking is not some kind of marketing in disguise or a replacement for marketing. Here are some tips for understanding and using growth hacking to your advantage. It is what makes the difference between swimming easily and struggling to catch the air and beat the waves. It is the secret behind the miraculous Tinder’s overnight growth from 5,000 to 15,000 users and other successful business stories such as Airbnb and Product Hunt. There is no easy way for a small fish to start swimming with the big sharks, but if there is anything that can be a true lifeboat, that is definitely growth hacking.
![lifeboat hacks 2016 lifeboat hacks 2016](https://i.ytimg.com/vi/f0_4YjXDqL4/maxresdefault.jpg)
Even the businesses that start big can lose momentum and end up with closed doors. And though the numbers vary when it comes to failure rate for startups, it is generally estimated to be somewhere between 80 and 90 percent. Statistics for startups can be devastating and discouraging.