Why Storytelling and Inbound Marketing are crucial for startups, specifically regarding fundraising, recruiting and building company culture, and why culture and recruiting play a central role in growth hacking. Keynote at StartSmart! Marketing & Metrics day, in Tallinn March 2013 http://www.start-smart.me/en/events/startsmart-events/149/startsmart-marketingmetrics.
Startup Camp Berlin March 2014 http://startupcamp.co/2014/
3. MARKETING LANDSCAPE
It’s a neon jungle out there
STORYTELLING
Why it’s important for startups, Storytelling
ABC
INBOUND MARKETING
Startup’s best friend
#WTF IS GROWTH HACKING
And what’s that got to do with marketing?
Agenda
@paulamarttila
16. "You gotta start with
the customer experience
and work backwards to
technology.” -
@paulamarttila
Steve Jobs
17. Startup Storytelling ABC+D
@paulamarttila
A: Vision and Mission. Your product needs to stand for something that people can
emotionally connect with, in order to make them want to join your journey as team
members, investors, and customers. Show your passion and values. Remember,
basic human needs and behaviours are universal.
B: Find The Aha Factor, i.e. the sweet spot in your product, that makes people go:
“Ah, I have that problem, too. I need that! Can I have it NOW?”
C: Tell Your Own Story. A company is often created out of personal pain, so give it
a human voice, too. If you don’t have a story of your own, let your customers tell
theirs! They have the most wonderful stories.
D: You guessed it: Don’t fake it. People won’t join you if they don’t believe you, and
if they can’t believe you, they won’t trust you. You will learn, trust is everything,
18. Storytelling Is
Not Only For:
Eyeballs
Media Relations
Product Launches
@paulamarttila
But Most
Importantly…
21. “I usually know
within 3 min
if I want to fund you,
within 10 min
if I want to fund your
business.”-
@paulamarttila
Fred Destin, Accel Partners
22. You’re being tracked:
Stick to your
story and metrics!
@paulamarttila
“Our CRM allows us to
instantly see the number of
employees, social traction,
and progress in multiple
distribution channels before
speaking to a company,
allowing us to be much more
proactive in our approach.”
James Wise, Balderton Capital
23. #3 CUSTOMER ACQUISITION
& FANS*
@paulamarttila
*Your first PR, Marketing, Customer Service & Sales Team
37. 1. Elegant understanding of CORE PRODUCT VALUE. Don’t spam &
trick, it alienates users in the long term.
2. ELIMINATE EGO CULTURE. HIRE A-people. Don’t believe the hype.
Test, Measure, Try again.
3. USE SIMPLE FRAMEWORK: Acquisition, Activation, Engagement,
Virality =
•Get customer to front door
•Deliver Aha moment
•Deliver core product value as often as possible.
•Turn on viral coefficients
by @chamath
@paulamarttila
40. RECAP
Not Only For:
Eyeballs, Media Relations, Product Launches
#1 Hiring & Culture
#2 Fundraising
#3 Customer Acquisition
Most Importantly: Be authentic!
STORYTELLING
@paulamarttila
41. Keep showing up!
Be helpful, Add value
Don’t talk about yourself
Build Trust
=> Become Thought Leader
=> More Customers
You guessed it, Be authentic!
INBOUND MARKETING
RECAP
@paulamarttila
42. Don't believe the hype
Create core product value
Don't fall for vanity metrics
Have courage not to optimize for short term
Don’t spam & trick
For crying out loud, Be authentic!
GROWTH HACKING
RECAP
@paulamarttila
43. Recommended ReadingChamath Palihapitiya, How we put Facebook on path to 1B users:
http://www.youtube.com/watch?feature=player_embedded&v=raIUQP71SBU#!
What is Growth Hacking, Josh Elman, Greylock Partners:
https://medium.com/what-i-learned-building/f445b04cbd20
The Mobile Growth Stack Revised, Andy Carvell
https://medium.com/mobile-growth/2015-the-mobile-growth-stack-revised-58f5d11d43f3#.mhzbpzbgk
Quora, Facebook Growth:
http://www.quora.com/Facebook-Growth-and-Traction/What-are-some-decisions-taken-by-the-Growth-
team-at-Facebook-that-helped-Facebook-reach-500-million-users
Quora, Conversion optimization:
http://www.quora.com/What-are-some-top-strategies-for-conversion-optimization
Kissmetrics, Growth hacking examples:
http://blog.kissmetrics.com/the-6-best-growth-hacks/
Startup Metrics by 500 startups, Dave McClure:
http://www.slideshare.net/dmc500hats/startup-metrics-for-pirates-nov-2012
Hacker news for Marketers:
http://inbound.org/
Kinvey, Mobile marketing:
http://www.kinvey.com/blog/121/the-backend-as-a-service-ecosystem-map-update-amp-new-trends-
migration-toward-the-middle
E-commerce conversion optimization:
http://www.cueblocks.com/blog/wp-content/uploads/2012/12/Board-4-02.png
Hubspot, Inbound marketing
http://blog.hubspot.com/
Andrew Chen, Growth Hacking
http://andrewchen.co/2012/09/17/you-dont-need-a-growth-hacker/
Andrew Chen, AirBnB Growth Hacking
http://andrewchen.co/2012/04/27/how-to-be-a-growth-hacker-an-airbnbcraigslist-case-study/
Truecaller: http://www.truecaller.com/blog/engineering-the-word-of-mouth
@paulamarttila
46. I M A G E C R E D I T S
@paulamarttila
http://www.gapingvoidart.com/images/nobody-cares_1.gif (Nobody cares)
http://www.flickr.com/photos/chicagogeek/5169397357/ (Good-bye Eyeball)
http://www.flickr.com/photos/queen_of_subtle/4967953011/sizes/l/ (World's biggest hockey stick)
http://www.flickr.com/photos/kamoteus/2347659489/ (Pouring water)
http://www.youtube.com/watch?v=SKArupEBE6Y (Business plan)
http://www.flickr.com/photos/cuppojoe_trips/594428407/ (Friends)
http://www.flickr.com/photos/torley/3674050796/ (You're Awesome)
http://www.flickr.com/photos/cityhunter12/529372209 (Coffee break, ducks)
http://img2.etsystatic.com/000/0/5244945/il_570xN.211353614.jpg (My problem)
http://www.flickr.com/photos/paulamarttila/ (slides: Shibuya neon lights, Hamilton Fans, Kinvey in
Berlin)