Growth hacking is currently going through a turbulent adolescence. After being thrust into the public spotlight by opportunistic media pundits and loosely-correlated startup success stories, the innovation community has struggled to define and defend growth hacking as a practice or designation with substance. To borrow from a thoughtful, recent article by Lincoln Murphy, the growth hacker community has been heavily compromised and co-opted by “…linkbait [name-dropping] people use to get traffic while they rehash the Hotmail and AirBnB ‘hacks’ or talk about SEO or Copywriting or [any generic marketing tactic] and tag it #growthhacking.”
Today, we seem to be past the point of no return, and stuck at two opposite extremes. At one end, doing anything successful at a startup that required more technical acumen than opening a web browser is heralded as “growth hacking.” Yet, at the same time, growth hacking is being increasingly lumped in with spammy, smarmy and coercive promotional tactics used by over-eager startup marketers to try to get an edge.
Can growth hacking rise above all this self-induced backlash? Does growth hacking still have a reputable professional identity that gives it legs to stand on? Am I a growth hacker? Are you? Growth hacking feels like it needs a clearer, nobler definition, and here’s my first attempt to suggest one. Growth hacking achieves a business vision using digital resources (code, content, data) to capitalize on economic or technical opportunities in order to produce sustainable yet rapid growth for a company or cause. If a strategy or tactic doesn’t have a technology-enabled vision, doesn’t identify and expose a market opportunity, isn’t sustainable and/or secure and doesn’t result in helping a company grow faster, bigger or both, it’s not growth hacking.
How is this different from, well, digital marketing? Let’s take search engine optimization (SEO) as an example and break it down:Continue Reading..