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The Bullseye Framework: How Great Companies Grow JUSTIN MARES, TRACTION CO-AUTHOR

The Bullseye Framework: How Great Companies Grow

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Page 1: The Bullseye Framework: How Great Companies Grow

The Bullseye Framework: How Great Companies Grow

JUSTIN MARES, TRACTION CO-AUTHOR

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@NEILPATEL@Kissmetrics

#KissWebinar

@thuelmadsen

Page 3: The Bullseye Framework: How Great Companies Grow

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

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@NEILPATEL@Kissmetrics

#KissWebinar

@jwmares

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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 …

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“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

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M Y F I R S T O N E D I D :

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“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

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Why?

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Product is fun.

Traction is hard

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“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

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H O W D O I F I N D M Y C H A N N E L ?

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Framework

TheBullseye

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A 4-step process to finding your traction channel

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S T E P 1 … B R A I N S T O R M

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“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

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Framework

TheBullseye

1. Brainstorm

2. Prioritize

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Easy to test?

Potential impact?

Compound affects?

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Also think about…

Funding?

B2B?

Consumer?

Traction goal?

Customer LTV?

Crowded channel?

Unit economics?

Competitors? How long?

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Framework

TheBullseye

1. Brainstorm

2. Prioritize

3. Test

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Search for..

signs

that

a channel is working

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*actual traffic graph

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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.

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Framework

TheBullseye

1. Brainstorm

2. Prioritize

3. Test

4. Double Down

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Double. Down.

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FINDwhat works

ANDdo more of it

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Guides

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Infographics

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I N C O N C L U S I O N …

your channelFind

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I N C O N C L U S I O N …

Use

1. Brainstorm

2. Prioritize

3. Test

4. Double Down

Bullseye

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I N C O N C L U S I O N …

AND((most importantly)

Crush It.

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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 !

Page 47: The Bullseye Framework: How Great Companies Grow

LOG IN WITH GOOGLE

Start Your Free Kissmetrics Trial

Page 48: The Bullseye Framework: How Great Companies Grow

Questions?

THUE MADSEN Marketing Operations Manager, Kissmetrics

@ThueLMadsen

JUSTIN MARES Co-author, Traction

@jwmares