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I break the answer to that question down into three engines: Viral - this is the business model identified in the presentation as "Get Users." Here, the key metrics are Acquisition and Referral, combined into the now-famous viral coefficient. If the coefficient is > 1.0 , you generally have a viral hit on your hands.
I too would be concerned about false negatives, but perhaps this strategy could be integrated into a broader market research strategy that included user engagement, viral marketing, etc which would all be quantifiable under the Google analytics. Case Study: Continuousdeployment makes releases n. A very interesting strategy.
In a previous post , I covered the three main drivers of growth: Paid, Sticky, and Viral. Let’s look at a viral growth company, like Facebook. If you are building a large, viral, ad-support consumer internet property, you just want to go big! They’re off to cross the chasm. As soon as possible!&#
If its part of a viral loop, its probably trying to get them to invite more friends (on average). Case Study: Continuousdeployment makes releases n. Amazing lean startup resources Is Entrepreneurship a Management Science? But in my experience this is not useful most of the time.
My manager, part of the QA group, gave me a tour of a site and we entered a huge depressing warehouse stacked full with cubes. Case Study: Continuousdeployment makes releases n. Amazing lean startup resources Is Entrepreneurship a Management Science? Tell your Startup Visa story Speaking 2010: Webstock, GDC, Web 2.0,
vs. sustainable: Compare this to the renewable strategies, like viral marketing, SEO, widgets, and ads, which can scale into 10s of millions of users but are primarily centered around tough, non-user centric work. Case Study: Continuousdeployment makes releases n. Problem is, you inevitably become yesterday’s old news.
On Facebook, viral distribution has proved decisive. Those companies who have learned to build apps that optimize the viral loop dominate in every category where they compete. So far, I dont see any apps that have much in the way of viral distribution. We're leading the charge in enabling viral distribution for iPhone apps.
In a few cases, they are clearly smart people in a bad situation, and Ive written about their pain in The product managers lament and The engineering managers lament. The last thing you need is a manager telling you how to do your job. If youve ever been abused by a bad manager in your career, its easy to become traumatized.
These founders have not managed, to borrow a phrase from Steve Blank , to create a scalable and repeatable sales process. Products can find sources of validation with impressive stats along a number of dimensions, such as high engagement, viral coefficient, or long-term retention. Case Study: Continuousdeployment makes releases n.
If the viral coefficient is 0.9, We didnt manage todo that yet. I think it comes down to managing risk. Case Study: Continuousdeployment makes releases n. Amazing lean startup resources Is Entrepreneurship a Management Science? Pay attention to your fundamental driver of growth. keep iterating until its 1.1
This is a common problem that results from viral-loop optimization. By copying the exact same registration flow as every other successful viral app, many viral apps completely lose their positioning. Heres why I dont think engagement loops are that helpful: unlike viral loops, its not bad if its not self-sustaining.
Lessons Learned by Eric Ries Saturday, December 6, 2008 The four kinds of work, and how to get them done: part three Those startups that manage to build a product people want have to deal with the consequences of that success. And still being a startup means continuing to innovate as well as keep the lights on.
Lessons Learned by Eric Ries Tuesday, December 16, 2008 Engagement loops: beyond viral Theres a great and growing corpus of writing about viral loops, the step-by-step optimizations you can use to encourage maximum growth of online products by having customers invite each other to join. This is essentially a version of the viral loop.
Or should you focus on user engagement or virality? Or should you focus on user engagement or virality? Case Study: Continuousdeployment makes releases n. Amazing lean startup resources Is Entrepreneurship a Management Science? Should you charge from day one, testing the revenue model first?
Lessons Learned by Eric Ries Tuesday, December 30, 2008 Assessing fit with the Wisdom of Crowds When I wrote earlier about how to conduct a good technical interview , I had only a few things to say about how to assess if the candidate fits in with the team, including this: This responsibility falls squarely to the hiring manager.
Revenue is always my preferred measure, but you can use anything that is important to your business: retention, activation, viral invites, or even customer satisfaction in the form of something like net promoter score. Case Study: Continuousdeployment makes releases n. tool for a large public Utility.
Google has shown their awareness of this issue by carefully managing the annoyance-factor of ads that are shown during search. At a high level, anything that drives virality should be free. To take your specific example about virality - why do we want to have more users sign up? January 28, 2009 1:54 AM startupcfo said.
Is the company growing because of an amazing viral loop paired with a strong engagement loop? Is the company growing because of an amazing viral loop paired with a strong engagement loop? Case Study: Continuousdeployment makes releases n. Amazing lean startup resources Is Entrepreneurship a Management Science?
If you ask an expert in Facebook apps to come help build yours, youll usually hear the same advice: build your app for virality. Thats sensible advice; most people who have made a business on Facebook rely on the viral driver of growth. If you have a virally-growing app, you dont need the extra installs.
On the web, we have many of these channels: SEM, SEO, world of mouth, PR and viral. If your app has strong word-of-mouth or viral components, your retention drives new acquisition, and its not so important to have good placement in the store. Case Study: Continuousdeployment makes releases n.
It was as if each advocate sensed that they were about to be ambushed; if another team had managed to bring clarity to the situation, that might have benefited them – so the rational response was to obfuscate as much as possible. Case Study: Continuousdeployment makes releases n. What a waste. What a waste.
Case Study: Continuousdeployment makes releases n. Amazing lean startup resources Is Entrepreneurship a Management Science? Towards a new entrepreneurship ► 2009 (88) ► December (4) Continuousdeployment for mission-critical applica. Tell your Startup Visa story Speaking 2010: Webstock, GDC, Web 2.0,
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