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Growth hacking refers to the process of experimenting with marketing, product development, sales segments and other areas to determine the best way to grow a business -- quickly For more info https://kalvigroup.com/
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Hey! Amigos, here we discuss the most fascinating and beneficial methods in a grappling world! Let's see the most widely used concepts in business called Growth Hacking!! Here we go..!! Growth Hacking---- what’s it? Business people want to see a huge set of profit in their business. So they invest tons of money in their fields of business.
Growth hacking refers to the process of experimenting with marketing, product development, sales segments and other areas to determine the best way to grow a business -- quickly Here are several low-cost and easy-to-implement growth hacks to take your business to the next level which I can share so that you can explode your business growth ASAP.
Viral Loop: To grow your business quickly next year, you need to create a viral loop. A viral loop is essentially how you induce your current users or customers to invite the next set of users or customers. Pretty much any type of business in any industry can create some form of a viral loop to boost sales and grow the company. All that's needed is some type of reward or benefit to users who recommend the business to their friends and family.
The one who introduces a Viral Loop Concept is Dropbox the prophet! (Classification for the word prophet is on the following portions). First of all, Dropbox, an online storage service, is a great example of a Well-executed viral loop. Users have a certain amount of storage space when they sign up for the service, but Drop box offers current users more space each time the recommend the service to a friend. This incentivizes recommending the service often, and thus creating a viral loop -- a never-ending stream of new users if you will.
Consider offering your own customers a reward, such as a small discount, for referring friends and your customer base will grow rapidly. Google Pay, PhonePe and most of the commercial applications and food ordering apps like Swiggy, Uber eats are take-ups of Dropbox as their superior and follow-up the same maneuvering to stand up in the wrestling world.
Finally acquitted why Dropbox is the Prophet!! Hacking Continued..!!
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