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Marketing technical products is too important to leave to marketers…. HACKING MARKETING. DEVS HOLD THE KEY. Presentation by Scott Canny. RE-Defining the “product”. The Internet has created a radical re-definition of the word “product” It is no longer a physical good
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Marketing technical products is too important to leave to marketers…
HACKING MARKETING DEVS HOLD THE KEY Presentation by Scott Canny
RE-Defining the “product” • The Internet has created a radical re-definition of the word “product” • It is no longer a physical good • It is the code that you put together to create software “products” • “Products” can now market themselves as they are used
THE HOLY GRAIL – THE VIRAL LOOP • A product that generates it’s own traffic is the Holy Grail • Has a compounding effect and improves ROI everywhere • Everyone who uses your product should share it • If every customer brings at least 1 other you have a viral loop • A viral coefficient > 1 achieves exponential growth
THE HOLY GRAIL is not easily attained • A viral coefficient > 1 is extremely hard to achieve • Any viral coefficient > 0 will have a positive impact • Increases the amount of customers a given campaign could have brought in and improves ROI • Improves effectiveness of all marketing, saves money • Work towards the holy grail and you will be better for it
CASE STUDY: Airbnb hack craigslist • AirBnb achieved incredible growth in a short space of time • Realised that most of their target market was using Craigslist • Created a piece of code so that any AirBnb listing could be automatically posted to Craiglist • Craigslist did not have a public API so AirBnb reverse engineered the process • Created tons of inbound links and traffic • Seems obvious now – doesn’t it?
The perfect example… • Did something traditional marketers would have a hard time envisioning • Used their product as the primary means of distributing their product • Saw where there customers were congregating and hijacked them • Creative and ingenious • Heavily technology based • Pushed the bounds of what is acceptable
So how can we do it? • Network Invitations • Take it to the next level (e.g. Dropbox) • Cater to your audience • Low cost to you – high value to customer • Social Sharing • API Integrations • Backlinking • e.g. AirBnB & Hotmail • Organic – make great products • Plenty of different ways • User profile & business goals *NB
DEVS hold the key! • Break down the barriers between Devs & Marketing • Be eager to learn and go outside your job description • You know the product better than anyone else! • Think about the customer experience and create a product that is easy to use and share • Share your knowledge • Not only Devs & Marketing but EVERYONE!