What You'll Learn TodayIn 5 minutes, you'll be learning about the following:
What did everyone enjoy last week? The most clicked link was ... Borrow talent from Fortune 500 companiesβ π We Are Hiring! We're looking for talented individuals to fill two exciting roles:
Cheers, Jim Huffman, GrowthHit CEO
WHAT IS YOUR NEXT BIG IDEA? β
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Remember "The Growth Marketerβs Playbook" from 6 years ago?
It sold 1000s of copies and even topped Seth Godin on Amazon for 72 hours.
Well, I've learned a lot since then. The real barrier to growth is not ideas or tactics.
It's a lack of systems.
Most efforts are scatter-shot, wasting time and money without direction.
Realizing this, I've created The Growth Marketing Operating System.
This is a program with resources, frameworks, and tutorials to build a solid growth system.
Exciting news: It launches this fall at $450, but I'm offering a special pre-order for $119 to the first 150 supporters.
Ready to leave behind the hit-or-miss approach and boost your growth?
βPre-order now and secure your copy at this exclusive price.
π PRE-ORDER NOW |
Here are the growth tactics, hacks, and stunts to help you grow your startup:
1/ Alka-Seltzer and The Suggestibility Biasβ
Alka-Seltzer infamous jingle βplop, plop, fizz, fizz, oh, what a relief it isβ reminded customers to take two tablets instead of one. Sales doubled.
2/ Nomad List and The Halo Effectβ
Nomad List started donating 5% of revenue to remove CO2 from the atmosphere. Conversions increased 200%. Yes. This is unbelievable.
3/ Uber and Our Bias Towards Certaintyβ
Uber's map didn't reduce waiting time but it did make waiting less frustrating. The uncertainty of waiting bothers us more than the duration.
4/ Swedish Blood Banks and The Peak End Ruleβ
When you donate blood in Sweden you get sent a follow up text when your bloodβs been used. The happy ending makes us want to do it again.
5/ Rolls Royce and The Anchoring Biasβ
Rolls Royce favourite exhibition spot is yacht and aircraft shows.
βIf youβve been looking at jets all morning, a Β£300,000 car is an impulse buy. It's like putting sweets next to the counterβ β Rory Sutherland
6/ Peloton and The Sunk Cost Fallacy (Money)
A peloton costs $2000. The subscription costs $39/mo. So, either, you're locked in, or you admit to your spouse you've thrown away $2000.
7/ Ikea and The Sunk Cost Fallacy (Time)
Ikea stores are deliberately placed on the outskirts of cities. The extra effort to get there incentivises customers to make the most of their trip.
8/ Lyft and The Left Digit Biasβ
Lyft cutting the price of a journey from $15 to $14.99 had the same increase on consumer demand as from $15.99 to $15.
9/ Starbucks and The Cocktail Party Effectβ
The sweetest sound in any language is our name. So Starbucks stopped calling out the drink and started using the customer's name instead.
β
2/ RIP Photoshopβ
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TOOL OF THE WEEK: β
βConduct AI Website Audits Dailyβ
Struggling with website glitches and low engagement?
This AI tool helps by auditing your site daily, and suggesting ways to improve tech, UI/UX, and content, so you keep visitors hooked!
CHECK OUT THE TOOL |
This week, Jim shares his insights from his experience being a Dad and teaching his kids important life lessons.
TOPICS DISCUSSED IN TODAYβS EPISODE
LISTEN TO THE EPISODE |
Would you like to be featured on my podcast? Email me at newsletter@growthhit.comβ
We acquired Neat, the sweat-proof apparel brand, in September 2023, and it's been a whirlwind ever since!
βHere's a speedy scoop β
September 2023
October 2023
November 2023
December 2023
January 2024
February 2024
March 2024
April 2024
May 2024
June 2024:
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August 2024:
What's new this week
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(Need help growing with paid ads? Hit us up at @growthhit )
Want more updates on how we're growing Neat?
Check Out Our Latest Updates |
A BONUS FOR YOU β
βSomething Fun . . .
Here are some tools we find helpful:
LOOKING FOR MORE?β
βHow Can I Help?
Find & grow your next big idea. Every Thursday you get 3 startup ideas, 2 growth tactics, and 1 tool to give your business an unfair advantage. My name is Jim and I am the GrowthHit Founder & Neat CEO. I share wins, loses and epic memes along the way.
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