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Growth Hacking

Growth hacking is rapid experimentation across channels to find scalable, low-cost ways to grow. Focus on creativity over budget.

What Is Growth Hacking? Examples and How It Works

Examples: Dropbox referral program (storage for invites), Airbnb Craigslist integration (piggyback existing traffic), Hotmail email signature (free virality). Growth hacking prioritizes: high-leverage tactics, rapid testing, data-driven decisions, unconventional channels. Not just marketing—involves product, engineering, data. Best for startups with limited budget but strong product.

Examples

Dropbox offered extra storage to both the referrer and the new signup, turning existing users into an acquisition channel instead of paying for ads. Hotmail did something similar by appending a free signup link to the bottom of every outgoing email, spreading the product through normal use.
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Related Terms

Growth Loops

A growth loop is a self-reinforcing cycle where the output of one round of users becomes the input that brings in the next round, without requiring the company to keep paying for new acquisition each time.

PLG (Product-Led Growth)

PLG is a go-to-market strategy where the product itself is the primary driver of customer acquisition, conversion, and expansion—not sales or marketing teams.

Viral Coefficient

Viral coefficient measures how many new users each existing user brings in. A coefficient above 1.0 means exponential growth without paid acquisition—each user recruits more than one other user.

A/B Testing

A/B testing (split testing) means showing two versions of something to different users and measuring which performs better. Version A vs. Version B. Data wins, opinions lose.

Account-Based Selling

Account-based selling is a sales strategy that targets a curated list of specific named companies individually, tailoring outreach and pitch to each one, instead of casting a wide net across anyone who might vaguely fit.

Activation Rate

Activation rate is the percentage of signups who complete a key action that signals they got value. High activation predicts retention.

View all terms