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The Bullseye Framework: How Great Companies Grow
JUSTIN MARES, TRACTION CO-AUTHOR
@NEILPATEL@Kissmetrics
#KissWebinar
@thuelmadsen
Thue is the Kissmetrics Webinar Wizard and Marketing Ops Manager. Before joining forces with Kissmetrics, he was a Lyft driver in SF, which is also how he ended up as a KISSmetrics marketer. Whenever Thue is not trying to automate everything around him, you can find him hiking
in the Sierras.
THUE MADSEN Marketing Operations Manager, Kissmetrics
@ThueLMadsen
Justin Mares is the co-author of Traction: A Startup Guide to Getting Customers, which in its first printing sold 35,000+ copies. He’s also the former director of
revenue at Exceptional, a company Rackspace acquired in 2013.
JUSTIN MARES Co-author, Traction
@jwmares
The Bullseye Framework: How Great Companies Grow
CO-AUTHOR, TRACTION BOOK
@NEILPATEL@Kissmetrics
#KissWebinar
@jwmares
T H E B U L L S E Y E F R A M E W O R K
T O D A Y W E ’ R E G O I N G T O TA L K A B O U T …
WATCH WEBINAR RECORDING NOW
“Most startups don’t fail because they can’t build a product.
Most startups fail because they can’t get traction.”
(yes I’m quoting my own book. Sorry)
- T R A C T I O N B O O K
M Y F I R S T O N E D I D :
“The #1 reason we pass on entrepreneurs we’d otherwise like to back is their focus on product to the exclusion of everything else.”
- M A R C A N D R E E S E N
Why?
Product is fun.
Traction is hard
“If you can get even a single distribution to work, you have a great business.
If you don’t nail one, you’re finished.”
- P E T E R T H I E L
H O W D O I F I N D M Y C H A N N E L ?
Framework
TheBullseye
A 4-step process to finding your traction channel
S T E P 1 … B R A I N S T O R M
“If you can acquire customers in a channel your competitors are ignoring, that’s a
huge competitive advantage.”
- J A S O N C O H E N , W P E N G I N E
Framework
TheBullseye
1. Brainstorm
2. Prioritize
Easy to test?
Potential impact?
Compound affects?
Also think about…
Funding?
B2B?
Consumer?
Traction goal?
Customer LTV?
Crowded channel?
Unit economics?
Competitors? How long?
Framework
TheBullseye
1. Brainstorm
2. Prioritize
3. Test
Search for..
signs
that
a channel is working
*actual traffic graph
Some ideas of tests to run
Content Marketing
Hire a writer to create 3 killer posts and 1 infographic.
Put 100% effort into promoting the 3 posts & infographic. Then
evaluate.
Framework
TheBullseye
1. Brainstorm
2. Prioritize
3. Test
4. Double Down
Double. Down.
FINDwhat works
ANDdo more of it
Guides
Infographics
I N C O N C L U S I O N …
your channelFind
I N C O N C L U S I O N …
Use
1. Brainstorm
2. Prioritize
3. Test
4. Double Down
Bullseye
I N C O N C L U S I O N …
AND((most importantly)
Crush It.
F I R S T 3 C H A P T E R S O F T R A C T I O N - T R A C T I O N B O O K . C O M
K E E P U P W I T H M E - J U S T I N M A R E S . C O M
@jwmares
T H A N K Y O U !
LOG IN WITH GOOGLE
Start Your Free Kissmetrics Trial
Questions?
THUE MADSEN Marketing Operations Manager, Kissmetrics
@ThueLMadsen
JUSTIN MARES Co-author, Traction
@jwmares