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Digital Marketing

Growth Hacking

Growth hacking is a marketing approach focused on rapid experimentation across channels and product development to identify the most effective ways to grow a business. It combines creativity, data analysis, and engineering.

Examples

A startup implements a referral program offering both parties free storage space, rapidly growing its user base through viral sharing.

Best Practices

Prioritize experiments by potential impact and ease of implementation, run them quickly, and double down on what works.

Related Terms

viral marketingreferral marketingconversion rate optimization

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