5 Growth Hacks for Your SaaS Businesses

5 Growth Hacks for Your SaaS Businesses

Here are five growth hacks for SaaS businesses. What do you trust more, an ad or a recommendation from a friend? That’s why implementing a referral program for your SaaS business is one of the most effective growth hacks for increasing the number of signups on your platform. But if you’re a startup and don't have money to spare, you can offer something else of value like DropBox did. Develop a content marketing strategy. Now Buffer App is known as much for its blog as it is for its software. Affiliate marketing is a great growth hack for your business to grow your customer base and increase brand trust. Implement a retargeting pixel. App Annie uses a retargeting ad that offers a free signup to tempt consumers to return to its website and sign up. Let users try before they buy.

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Growth-hacking has allowed a ton of founders and developers to achieve crazy growth.

5 Growth Hacks for Your SaaS Businesses

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Dreaming of turning your tiny SaaS startup into a mega-company with millions of users? Sometimes that goal might seem impossible to attain unless you spend a ton of money and grind away for years. But, take heart: By experimenting a bit with growth hacks, you’ll likely reach goals faster than you ever imagined.

Growth-hacking has allowed a ton of founders and developers to achieve crazy growth. That’s how you can emulate Airbnb, Hubspot, PayPal and Quora and boost your customer base quickly and effectively.

Take a look “outside the box” at some of these creative, low-cost ways to get your product in front of users. Here are five growth hacks for SaaS businesses.

1. Implement a referral program.

What do you trust more, an ad or a recommendation from a friend? For the majority of consumers, a recommendation from a friend is more convincing and meaningful. That’s why implementing a referral program for your SaaS business is one of the most effective growth hacks for increasing the number of signups on your platform.

Uber famously handed out $20 for customers who referred their friends to the service. But if you’re a startup and don’t have money to spare, you can offer something else of value like DropBox did. Dropbox saw a tremendous amount of growth by giving away free storage for referring friends.

Not only will implementing a referral program get your SaaS company more signups, but it also encourages your current customers to be more engaged and keeps them coming back to your platform again and again.

2. Develop a content marketing strategy.

Content marketing has always been essential for driving organic traffic but it can also lower your user acquisition cost. Creating educational, engaging content for your target audience is a low-cost way to build brand trust and easily convert readers into customers.

Buffer App came out at a time when there were a ton of other social media tools on the market but they set themselves…

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