Overview
Today start-ups define the business sector. The start-ups require huge success in a relatively short period and low expenditure. The growth hackers make sure that the company gets maximum targeted customers with minimal expenditure. Growth hacking is a relatively new field of marketing which is primarily focused on growth. They conceive new strategies, do basic research, hypothesis, prioritize and test them.
The strategies are evaluated continuously based on their performance. Their strategies are primarily focused on spreading awareness, bringing in viewers and converting them into customers. The customers are then cherished by providing ideal customer services A growth hacker must be able to prioritize their needs, gain customers, get feedback and rate their growth. Most often the strategies embraced fall into three categories, product marketing, content marketing and advertising.
Typical day at work
Abilities and Aptitude needed
Being a growth hacker requires analysing the data sheets and quantifiable feedback. Being a pro at maths and statistics would help the employee's growth as a growth hacker. As it involves marketing, networking is an essential factor. The employee must have good interpersonal and communication skills that would aid him in socialising. Critical thinking is often handy when it comes to finding solutions to problems faced during the company's growth. The employee must have a determined nature to face the problems; perseverance is the key. The employee must also have A / B testing and analytics experience and knowledge of growth hacking tools. They must be willing to seek out information and learn constantly. Programming knowledge is an added advantage, although they are not crucial for the job.
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Career outlook
The start-ups are flourishing across the globe, and they work relentlessly for success. Start-ups have recruited growth hackers to achieve maximum customers and improvise their products or services. The projection for marketing and advertising through the coming years is around 8 to 9 per cent which could be considered parallel to growth hackers. Zomato, Paytm, OlaCabs, Uber, Myra are the recent start-ups that have succeeded.