Marketing is dead. Advertising is deader. Long live growth hacking?

 

By Gonzalo López Martí – Creative Director
www.LopezMartiMiami.com/

  • Broadly speaking, a “growth hack” is an unorthodox marketing tactic geared at acquiring customers or users via shrewd digital skills &/or lateral thinking.
  • Not to be confused with guerrilla marketing which, in most cases, entails experiential &/or grassroots promotional efforts.
  • Not to be confused with astroturfing: faux grassroots attempts to manipulate public opinion.
  • The boundaries between these definitions are blurry to say the least.
  • A total rabbit hole.
  • Growth hacks are popular among Silicon Valley types who pride themselves on breaking the rules.
  • Move fast & break things, yadi yadi yada.
  • “Oh, we don’t do marketing & advertising” (read out loud with geeky nasal voice).
  • Yes, you do, only you call it something else.
  • There are dozens, if not hundreds, of growth hacking techniques.
  • Click bait, such as this article’s headline, is in many ways a growth hack.
  • Lame as f*ck but still effective.
  • One notorious growth hack was Linkedin’s initial salvo to accelerate membership acquisition: the app surreptitiously hijacked its users’ contact list and sent emails to all the addressees inviting them to sign up on said user’s behalf.
  • A grossly unethical breach of best practices, if you ask me.
  • Illegal?
  • Well, no.
  • You unwittingly accepted it when you downloaded the app and clicked YES on the Terms of Service tab.
  • Forgive me for stating the obvious but, every time you download an app onto a device, you are relinquishing the keys to your privacy with reckless abandon.
  • It is true though that new generations don’t seem to care about privacy.
  • They are totally OK with giving it up in exchange for free goods or services.
  • In any case, Silicon Valley legal departments seem to be way more lenient, or less risk averse, than your average CPG marketer.
  • Facebook’s first growth hack was the pretense that only Harvard grads could sign up.
  • Many users believed that it was a Harvard-sanctioned social platform.
  • Spoiler alert: it was not.
  • To paraphrase Fox Mulder’s poster: people just want to believe.
  • Most growth hacks tend to be tech savvy maneuvers to play with human emotions: FOMO, YOLO, MAGA.
  • Gmail initially claimed it was “by invitation only”.
  • The walled garden approach is useful when an app is launched in beta mode and needs time iron out the kinks.
  • AI apps are following this very playbook.
  • Reminds me of one of the oldest tricks in the marketing book: when you open a restaurant, reject table reservations for a few weeks with the -false- pretext that it is booked solid, to make potential patrons salivate under the imaginary impression that they are missing out on the hottest ticket in town.
  • Nightclub bouncers keep people waiting on the street for a reason.
  • To quote PT Barnum: there’s a sucker born every minute.
  • Some growth hacks are plenty cool though: the Google Doodle is a home run, IMHO.
  • You think the Google Doodle is not technically growth hack?
  • Thank you for your opinion but this is my column.
  • It is a growth hack if I say so around here.
  • When I was in college, they taught me that a company logo should be sacred, immutable, untouchable.
  • Had I told my first boss at a Madison Avenue agency that I wanted to go to a client with the creative idea of changing their logo every day to celebrate festivities & commemorations she would’ve fired me on the spot.
  • Sergey Brin and Larry Page beg to differ: they frickin’ change their logo every day and it is a massive success.
  • Silicon Valley, if you’re reding this, you are full of sh*t
  • And yes, I am seething with envy at how y’all get away with murder while raking billions into your bank accounts.
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