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Growth Loop Basics 🔥 4 Truths about PLS 🔥 Growth Marketing for PLG
Why did the CPU go broke?
A reboot cleared out all of its cache.
Welcome to the PLG Recap 📈
I spend all week deep diving into the best PLG LinkedIn posts so you don't have to.
Here are my top 5 favorites from last week! 🔥
1️⃣ Elena Verna
Strategy or Tactic? Tactic
Growth lever = Acquisition
Recap
We all know about the Casual Contact growth loop. Reminder, this is when the company brands its “logo” on various properties when a user is on a free plan which helps acquire new users (think “made with [blank]). Superhuman takes a different approach to this growth tactic by incentivizing both parties.
Superhuman turns its branding into a referral affiliate link.
The growth loop:
The customer sends an email with Superhuman in the footer
Prospect sees an email with Superhamn logo branding
Prospect uses the link to sign up for a Superhuman account
New Customer is acquired
Offering a free month for the customer and the new user is a lubricant in this growth engine. Lubricants are designed to accelerate growth loops by removing friction.
2️⃣ Cameron Deatsch
Strategy or Tactic? Tactics
Growth lever = All levers
Recap
Cameron shares his take on the 10 most important lessons and tactics when scaling PLG, using Atlassian has the Starchild! Reminder - this is $3 billion in revenue with $10k employees - that’s $300k/employee!
My favorite lessons in his playbook:
Apply force for greater expansion - PLG is all about expansion and retention ARR vs net new logos. When you can generate self-serve monetization to expand the existing user base, you put less pressure on sales-led growth on ARR
Avoid the Enterprise trap - this is a continued battle within B2B saas companies. Enterprise logos look attractive in the short term, but it’s at a great cost: long-term sustainability and scalability.
3️⃣ Massimo Arrigoni
Strategy or Tactic? Tactics
Growth lever = All levers
Recap
Massimo shares 4 hard things about PLS
But the juiciest information is in his 33-slide deck on the Psychology of “free” vs “free trial” a 60% increase in B2B signups! Check it out here!
My favorite quote: “IF the product is the main driver of growth, THEN you must shorten the distance to firsthand experience of product value”
4️⃣ Kyle Poyar
Strategy or Tactic? Tactics
Growth lever = Acquisition
Recap
Let’s f*cking go! I love seeing growth marketing folks shine in the face of PLG. This specific story that Kyle so beautifully captured is so needed in the Growth Marketing (Acquisition) community.
Time and time again, I’ve struggled to capture the essence and patience needed to scale marketing-led acquisition in cross-functional teams because, in my experience, it’s not well understood.
Here comes Bruno, from Webflow, to give us a rundown on how he’s contributed to a $100M ARR
It’s table stakes that you must scale SEO and Paid marketing activities. However, it’s the how.
Horizontal or programmatic SEO is fundamental to Product-led Marketing (PLM) and Webflow has done this with Templates. (more on PLM here)
Creating a qualified signup metric based on signup questions and enrichment data is the key to fast learnings and data feedback loops. This ensures faster time to learning which leads to a faster CAC payback. This cannot be done in a marketing silo. Product and Data must be team players here.
5️⃣ Wes Bush
Strategy or Tactic: Tactics
Growth lever = All levers
Recap
Web Bush (from https://productled.com/) has contributed more than most to the PLG community helping empower CEOs and future students of growth.
He’s back with a fantastic tidbit on PLG common mistakes:
PLG is not tied to vision or strategy - it’s HOW you do business
Your entire company doesn’t understand ICP
You obsess over the model instead of the features
My take, I’ve personally experienced #2 in my role as a growth operator and I have to say, this has been the most challenging to prove across the entire company because of the multiple GTM motions within PLG aka bottoms-up, top-down, self-serve, sales-assist, etc. Each motion prioritizes a different user within the journey, but depending on where the user is in the journey, it complicates how you work together to acquire and retain those users.
6️⃣ Drew Teller - some updates from me 👋
This week marks 7 months of TheProductLed Newsletter! 🎉 It’s been so much fun writing recaps and teardowns.
I will be sharing some exciting new updates soon! Big things are ahead 😉
I am thinking about taking my newsletter into a new additional direction after gathering 7 months of data!
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See you next time 👋
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