Have you ever heard of growth hacking in startups? This term is used to refer to the system companies use to grow exponentially?
Yes, that's exactly what this multidisciplinary technique is all about, betting database combining aspects of marketing, product improvement tools, web analytics, and social media . Originating in 2010, it uses the scientific method to generate opportunities and provide systematic, large-scale growth for any startup.
Growth hacking is related to early-stage companies with limited budgets that need to grow quickly. Its goal is to acquire a large number of users or customers with the lowest possible investment.
The key factor that can determine whether your growth hacking strategy will be a success or a failure is creativity.
By applying good growth hacking, it's possible to improve loyalty, sales, and profitability in a predictable and reliable way. Furthermore, this methodology is characterized by its great flexibility, adapting to any type of business and providing growth tactics for startups in terms of web traffic, visibility, and sales.