Experiments Can Be Expensive

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Sometimes you don't need to experiment. Sometimes if the business, you know, if let's say activation rates go up 6% versus 7%, that precision actually doesn't help all that much beyond being able to say in your performance review, hey, I increased activation by 7%. So experiments can be expensive. But generally my advice is to experiment when you need to and to primarily see it as a risk mitigation tactic when you're making dramatic changes. It feels to me like that is the default culture, especially as growth teams become organizations.

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Lauryn Isford is a product growth leader and practitioner, who most recently led Growth at Airtable, and is about to start something new 🤫. In today’s episode, we get into the many tactics Lauryn has learned about optimizing onboarding flows. Lauryn describes how overhauling Airtable’s onboarding led to a 20% increase in activation rate, the company’s unique segmentation process, and why North Star metrics are so vital. Lauryn also shares her framework for a PLG growth funnel, and how to use a reverse trial to leverage the benefits of both freemium products and trials. If you’re looking to find growth opportunities within your funnel, this episode is for you.

Find the full transcript here: https://www.lennyspodcast.com/mastering-onboarding-lauryn-isford-head-of-growth-at-airtable/#transcript

Where to find Lauryn Isford:

• Twitter: https://twitter.com/laurynisford

• LinkedIn: https://www.linkedin.com/in/laurynisford/

Where to find Lenny:

• Newsletter: https://www.lennysnewsletter.com

• Twitter: https://twitter.com/lennysan

• LinkedIn: https://www.linkedin.com/in/lennyrachitsky/

Referenced:

• Sprint: How to Solve Big Problems and Test New Ideas in Just Five Days: https://www.amazon.com/Sprint-Solve-Problems-Test-Ideas/dp/1442397683

• Blue Bottle coffee: https://bluebottlecoffee.com/

• Airtable: https://www.airtable.com/

• How to determine your activation metric: https://www.lennysnewsletter.com/p/how-to-determine-your-activation

• Elena Verna on Lenny’s Podcast: https://www.lennyspodcast.com/elena-verna-on-how-b2b-growth-is-changing-product-led-growth-product-led-sales-why-you-should-go-freemium-not-trial-what-features-to-make-free-and-much-more/

• The Ride of a Lifetime: Lessons Learned from 15 Years as CEO of the Walt Disney Company: https://www.amazon.com/Ride-Lifetime-Lessons-Learned-Company/dp/0399592091/

• Rocket Men: The Daring Odyssey of Apollo 8 and the Astronauts Who Made Man’s First Journey to the Moon: https://www.amazon.com/Rocket-Men-Odyssey-Astronauts-Journey/dp/081298871X

• Fifth & Mission podcast: https://podcasts.apple.com/us/podcast/fifth-mission/id1457274965

• The White Lotus on HBO: https://www.hbo.com/the-white-lotus

• Belfast: https://www.imdb.com/title/tt12789558/

• Figma: https://www.figma.com/

• Miro: https://miro.com/

• Zoelle Egner on Lenny’s Podcast: https://www.lennyspodcast.com/videos/what-pr-is-and-isnt-good-for-according-to-zoelle-egner-head-of-marketing-and-growth-at-box/

In this episode, we cover:

(00:00) Lauryn’s background

(03:48) Lauryn’s spicy take on experimentation

(06:44) Why doing the right thing for customers should be the ultimate goal

(08:54) How Airtable rolled out Airtable Forms with A/B testing

(11:38) The importance of onboarding