Growth Marketing Diagnostic: boost your business growth through strategic analysis
08/11/2024 – Riad Kacim
Growth marketing is a set of techniques designed to stimulate the growth of your business by optimizing each stage of the customer journey. A growth marketing diagnosis helps you assess the effectiveness of your current actions, identify growth levers, and spot untapped opportunities. In this article, discover the steps of a complete diagnosis and how to apply these insights to accelerate your growth.
Why carry out a B2B digital marketing and commerce diagnosis?
Carrying out a growth marketing diagnosis allows you to:
- Understanding the friction points in your customer journey,
- Prioritize actions the most profitable to optimize resources,
- Identifying new opportunities conversion and loyalty.
It is the key tool for implementing agile and effective growth strategies, centered on data and experimentation.
The key steps of a B2B digital marketing and commerce diagnosis
Here are the main steps of an effective growth marketing diagnosis, from traffic acquisition to retention:
1. Acquisition analysis: attracting qualified traffic
Acquisition is the first step of the funnel, and it should be optimized to attract users interested in your offers.
- Acquisition channels : identify the channels that generate the most qualified traffic (SEO, paid advertising, social networks).
- Customer Acquisition Cost (CAC) : Calculate acquisition cost per channel and compare it with customer value to assess profitability.
- Conversion on landing pages : test different versions of your pages to see which ones convert best.
2. Activation and user experience: engaging new users
Activation is the process of moving users from visitors to active users.
- Activation rate : measure how many visitors move on to the next step (e.g. registration, first use).
- Onboarding : optimize the onboarding process to make it easier to get started with your product.
- UX/UI : Analyze user experience to eliminate friction. A clear and engaging interface increases activation.
3. Retention: Keeping users loyal
Retention is crucial to converting users into repeat customers and increasing their value.
- Retention rate : measure retention at regular intervals (7, 30, 90 days).
- Behavioral analysis : identify the behaviors of the most loyal users to adapt your strategies.
- Email campaigns and push notifications : Reactivate inactive users to increase engagement.
4. Revenue: Maximize customer value
The goal here is to get the most out of users to increase revenue.
- Conversion rate : analyze each stage of the sales funnel to identify bottlenecks.
- Customer Lifetime Value (LTV) : increase customer value by offering complementary offers or subscriptions.
- Upsell and cross-sell : integrate additional offers to increase the average value of each purchase.
5. SEO: transform your users into ambassadors
SEO is based on loyalty and recommendation, powerful levers for growth.
- Recommendation rate : calculate how many users share your service with their entourage.
- Referral Program : A well-designed program encourages customers to recommend your product.
Social networks : encourage satisfied users to share their experiences.
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Tools for an effective growth marketing diagnosis
Here are some essential tools for analyzing each stage of your growth funnel:
- Google Analytics and Amplitude : to track user behavior.
- Mixpanel : for cohort and retention analysis.
- Hotjar : to analyze interactions on the site and optimize the UX.
- HubSpot or ActiveCampaign : for email campaigns and lead management.
Concrete example: how a growth marketing diagnosis accelerated the growth of a startup
Let's take the example of a SaaS startup that, after a growth marketing diagnostic, increased its retention rate by 25 %. By improving onboarding and offering personalized email reminders, the startup retained more users and optimized customer value. This diagnostic revealed the friction points and made it possible to adapt actions for concrete results.
Conclusion: growth marketing diagnosis, an asset for sustainable growth
A well-conducted growth marketing diagnostic gives you a clear vision of the growth levers to optimize each stage of the customer journey. By applying these insights, you can boost your growth sustainably and get the most out of your marketing actions.
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