Early growth marketing tactics to maximize ROI - Kevin Kawai (NewsBreak)
Nov 6, 2024
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Kevin Kawai, the Lead Growth Marketer at NewsBreak, brings over a decade of growth marketing expertise to the discussion. He shares insights on no-cost growth strategies, optimizing onboarding processes, and leveraging waitlist campaigns. Kevin emphasizes the importance of user feedback to enhance app features and discusses balancing short-term tactics with long-term growth goals. Plus, he explores the potential of AI in revolutionizing marketing strategies. Perfect for aspiring marketers looking to boost app success!
Effective growth marketing requires a long-term commitment to strategies like onboarding and retention to reduce user churn.
Adopting a data-driven approach facilitates informed decisions on channel prioritization, ensuring maximum return on investment for marketing efforts.
Deep dives
Growth Marketing Journey and Insights
The guest shares a comprehensive background in growth marketing, highlighting a decade of experience across various sectors such as finance, gaming, and health apps. His transition from finance to user acquisition (UA) coincided with the rise of app stores, emphasizing the need for professionals from diverse fields to assist in media buying. This diverse experience informs his understanding of universal growth strategies and the nuances different sectors bring to app marketing. A significant point discussed is the common misconception among early-stage organizations that immediate results are achievable, with effective growth tactics often requiring a medium to long-term commitment to manifest improvements.
Effective User Onboarding Strategies
Onboarding is identified as a crucial step for ensuring long-term user engagement, where seamless experiences can significantly reduce churn rates. Strategies include implementing a single sign-on feature and minimizing friction for users at paywalls, integrating popular payment options like Apple Pay and Google Pay. Additionally, there's a trend toward prioritizing web registration processes alongside mobile app signups, as different user demographics might prefer varied registration methods. This multi-channel approach helps capture diverse user profiles, ensuring a broader reach and enhanced onboarding success.
Balancing Short-term and Long-term Growth Tactics
The discussion emphasizes the importance of balancing immediate tactics, such as paid acquisition, with long-term considerations like unit economics for sustainable app growth. A focus on foundational metrics, including retention and churn rates, is necessary before investing in paid channels to ensure a positive return on investment. Utilizing analytics tools and mobile measurement partners allows marketers to track user behavior effectively, ensuring that marketing efforts target qualified users who are more likely to convert. This data-driven approach facilitates informed decisions on which channels to prioritize, ultimately leading to enhanced profitability and better resource allocation.
With so many factors to consider when bringing an app product to market, where should growth marketers focus their time and attention to maximize return on investment? To answer this question, Remerge host Taylor Lobdell interviews Kevin Kawai, a seasoned growth marketer with over ten years of experience. In this episode, Kevin shares key growth marketing tips on no-cost growth tactics, waitlist campaigns, lifecycle and paid user acquisition, optimizing onboarding, driving virality, paid advertising, performance metrics, and where growth marketing is headed with AI.
Kevin is the Lead Growth Marketer at NewsBreak, a news app for current events, news, and weather alerts for your local community.
Questions Kevin answered in this episode:
What are some universal growth strategies that apply across the board of the different verticals you’ve worked with?
What do your weekly or monthly goals look like for NewsBreak?
You handle B2B and the lifecycle marketing for users. What strategies do you find more effective for managing both sides of the equation?
What are some key tactics you use to make sure people stay with your app?
What tips would you give someone who is trying to break into growth marketing? What background do they need to have?
How do you help boost signups, execute waitlist campaigns, and ultimately, conversion rates?
How are you marketing to get B2B advertisers on NewsBreak?
What’s your favorite go-to growth strategy?
How do you think growth marketing is going to change in the near future with all these AI tools?
How do you gauge the interest of users with a new feature?
How do you encourage someone who uninstalls your app to complete a survey?
Can you talk about balancing short-term tactics with the long-term view of unit economics when scaling an app?
Timestamp:
0:53 Kevin’s background
2:58 Kevin’s role at NewsBreak
5:18 Tips for successful onboarding
7:04 Breaking into growth marketing
8:59 Implementing “waitlist” tactics
10:53 B2B marketing for NewsBreak’s ad platform
11:57 Tools and resources for go-to-market strategies
14:18 How AI will impact growth marketing
17:38 Where to focus your attention
19:30 Success with user surveys
21:40 Balancing short- and long-term goals for scaling
23:53 Where to go in the South Bay of SF
Quotes:
(2:17-2:33) “I think one of the bigger misconceptions with early-stage organizations is that they try to achieve results in an immediate fashion, but a lot of these growth tactics tend to be more long-term projects.”
(12:05-12:19) “I’ve seen a lot of go-to-market strategies come from AI these days. And I think from the AI perspective, it probably gets you about 50 percent of where you need to be for a full strategy.”