Bogdan Lytvyn


10 year experience in Start-up Growth Hacking
I help start-ups to harness the power of user experience-driven growth. With a passion.

I am Editor in Chief of the SMB.guru, a small business software reviews website. Also, you may want to check my Upwork profile.
Why SEO Jaguar? I have been using Google Docs for sharing SEO files. And have figured out that Google's Anonymous Animals are missing jaguar.  
    

Stories from my fastest growing clients

 
Social list app

Social list app: customer acquisition plan
   
Cincopa 
Cincopa is a multimedia content hosting service
   
 
News website

News website: customer acquisition plan
   
AccommoDirect 
Accommodations booking & review web application
   
 
Start-up lawyer directory and review app

Lawyer directory & review app: growth hacking
    

How start-ups are different from traditional businesses?


Paul Graham says that "A startup is a company designed to grow fast. Being newly founded does not in itself make a company a startup. Nor is it necessary for a startup to work on technology, or take venture funding, or have some sort of "exit." The only essential thing is growth. Everything else we associate with startups follows from growth."


How are you going to grow? 

SEO? Advertising? Social? Content marketing? The only true answer to this question is to confirm that you’ve committed to an agile growth process. Your customer acquisition plan should evolve as you grow. 

“Startup growth happens in spurts. Initially, growth is usually slow.Then, it spikes as a useful traction channel is unlocked. Eventually it flattens out again as a channel gets saturated and becomes less effective. Then, you unlock another strategy and you get another spike.” - from Ryan Gum.

This means your plan must be dynamic, and to do that you must develop a process that will continue to move you forward.


‘Growth Hacks’ are strategy and tactics. ‘Growth’ is a process.

When you first venture into customer acquisition, you probably start off by trying random tactics. After experimenting with a few of these ideas you realize you’re probably not making much of an impact. You can’t randomly try different tactics and expect up-and-to-the-right success; you need a strategy behind them. 

So you put together a plan of attack, and you start organizing your efforts into a spreadsheet and track your metrics. And then you think … “I just ran a Facebook Ad campaign for 2 weeks… now what do I do?” 

Only then do you realize you need a goal driven process behind it. Once you understand that, it all starts to make sense. 


Growth hacks consulting

 
SEO

SEO
                    

Growth hack steps


Online marketing is all about how to acquire and retain customers. And how to vendor to them just what they require. A growth hack starts with the following steps: define your ideal customer, your goals, your customer acquisition funnel, and your metrics. 


1. Define your ideal customer 

Everything starts with identifying your ideal customer profile: from finding who they are and how to reach them, to how to talk and sell to them. It’s is often call user segmentation in the Marketing slang. 

Attracting the right type of customers makes everything else that much easier, so figure out what ‘right’ means for you. Lincoln Murphy has put together a comprehensive framework to create your ideal customer profile.


Lean more on from my clients stories: Cincopa

 

2. Define your goals 

Goals shape everything from your strategies, to your tactics and daily focus. Your goals might be monetary, user count, or activity based goals. For customer acquisition, your goal might be to get more visitors, convert more visitors into leads, or convert more leads into paying customers. 

“Determine goals, milestones and priorities. These three tasks make people more productive. Productivity makes better use of your time. Time is directly related to growth. Growth is why we’re here. Therefore, growth is goals, milestones and priorities.” 


3. Define your acquisition funnel

Break down the journey your customers must take to achieve a goal that you set (conversion).  

This helps you identify where your funnel might be leaky (let customers out), and as a result, identify the biggest opportunities for quick wins. Think of your entire acquisition funnel as lots of smaller funnels or funnel fragments. 

For example, if you’re planning on running multiple landing pages and you’re sending traffic to them from SEO, content marketing and paid acquisition, each of those channels are their own funnel to be measured individually.

 

4. Know your metrics 

Figuring out your key business metrics is core to the plan. 

Without knowing your key metrics, you might know “I need to increase traffic” but you aren’t sure what levels you need to get to. When you do know your metrics, you know what numbers you need to hit, and that guides what strategies you’ll focus on to have the best chance of hitting them. 

But if you’re just starting out, chances are you don’t know these numbers, and that’s fine too. 

Use external sources as a rule of thumb to aim for. If you’re running a SaaS model, take Groove’s SaaS Conversion Surveyresults on key metrics from 1500 responses as a benchmark:


Comparing yourself to others isn’t usually that valuable and establishing your own baseline quickly is a key. But using benchmarks gives you a rough idea of what to aim for in the meantime. The goal here is to develop a hypothesis to start with and work from


5. Track (almost) everything from day one

The best customer acquisition plans have measurement strategies organized in advance. Most startups don’t begin this process early enough, and they pay for it later. 

Even if you don’t use the data right away, it will become invaluable when you have the time to dig into it, or start new campaigns in the future and want to see if they have an impact. 

It doesn’t matter if you use a paid analytics tool, Google Analytics – what matters the most is that you start to build the history as early as possible. 

How do you know what you need to track? While you can measure just about anything, it’s not a good idea to measure everything: 

  1. Begin with your goals in mind: prioritize when and what to measure based on the answers you need to make decisions that will help you grow. 
  2. Measure against your sales funnel: make sure you’re tracking all the steps in your funnel. 
  3. Track to validate experiments: before you run any marketing campaign, be sure you know exactly how you will measure your success and track those metrics before you start.
Lean more on from my experience: Analytics

Reverse engineer your growth 

Now that you know your goals, your metrics and have some user segments insights, you can combine these with the growth process to complete your plan. 


Using your longer-term goals and your current metrics, you can reverse engineer them to figure out where you should focus your efforts. Look for bottlenecks in your metrics: is your visitor to trial rate low? Is your churn rate high? Do you need to drive traffic? 

If you want to improve a certain metric, figure out what part of your sales funnel will most impact that metric. Then brainstorm on that area with ideas to test, there could be a million ways to improve it. 

Start by asking questions: To reach our goal, what do we need to improve right now? How can we improve it? If your traffic is low, focus on tactics that will increase visitors. If your visit to free account rate is low, focus on tactics that will improve signups. 

This is how you generate tactics to execute on. But this time, these tactics are no longer random, they are specific, implement with purpose to drive progress towards your high-level goals and milestones.



Blog


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    Posted Feb 24, 2015, 4:00 AM by Bogdan Lytvyn
  • Universal Local SEO strategy for an architect / designer Ok. This is my latest update on the Local SEO strategy. It’s partially based on what’s already known about Pigeon local Algo. As always, this blog post is ...
    Posted Feb 14, 2015, 1:28 AM by Bogdan Lytvyn
  • Digital Reputation Management for a Governor Candidate I begin with introducing my client – Akinwunmi Ambode, a governor candidate for Lagos state, Nigeria. The candidate has been planning to roll out massive campaign and wanted me to   move ...
    Posted Feb 13, 2015, 11:57 AM by Bogdan Lytvyn
  • Digital Reputation Management Guide for a SEO company (part 1) My client  - Searchwords, a local SEO company from Australia - needed a reputation management. As almost in every other case, the issue was negative reviews that were poorly substantiated but malicious ...
    Posted Feb 14, 2015, 1:31 AM by Bogdan Lytvyn
  • How to do Keyword Research for a Rebranding I begin this case study with my recent client – www.shermancarter.com who sells gamer inspired outfits. He has got some reputation concerns with his current domain and does want ...
    Posted Feb 11, 2015, 12:53 PM by Bogdan Lytvyn
Showing posts 1 - 5 of 6. View more »

 
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