Scaling a Men’s Clothing Brand to $250K with 10+ ROAS
Scaling a Men's Clothing Brand to $250K with 10+ ROAS OverviewIn this case study,...
10/03/2024
DigitalLatheef
There’s a vicious cycle that plagues many companies, particularly startups. It starts with the desire for press and recognition, leading them to chase inflated metrics like downloads, registrations, or website visits. These metrics are then celebrated internally, reinforcing the idea that they’re worth pursuing. But in the relentless pursuit of these “vanity metrics,” companies often lose sight of what truly matters: authentic growth.
This blog post delves into the dangers of the “Wheel of Meaningless Growth” and explores how to define and measure authentic growth metrics that reflect the genuine value you deliver to your users.
Several factors contribute to this phenomenon:
The saying goes, “you get what you measure.” Therefore, defining an authentic growth metric is crucial for optimizing your efforts and achieving sustainable success. Here at Sidekick, our growth team monitors various metrics, but they all ultimately contribute to our north star: Weekly Active Users (WAU). We chose this metric based on the following criteria:
Remember, growth isn’t just about acquisition. Authentic growth encompasses the entire user journey, including activation, retention, referral, and revenue. This is what product-driven growth is all about.
Focusing solely on acquiring new users is a recipe for unsustainable growth. At Sidekick, we understand that growth is influenced by multiple factors, which is why our team focuses on the entire “full funnel,” not just the acquisition layer. This includes:
We set goals for each stage of the funnel, recognizing their interconnectedness. For instance, increasing activation rates shouldn’t come at the expense of user churn.
Since growth goes beyond mere acquisition, your growth team needs the right skillset to influence the product-driven aspects of the equation. This is why half of our team comprises engineers, designers, and data analysts. This allows us to blend these disciplines seamlessly and execute growth experiments effectively across the entire funnel.
Ultimately, authentic growth is about delivering genuine value to your users. It’s about building trust, fostering engagement, and creating a product that users genuinely love. By focusing on authentic metrics, embracing a holistic approach, and building a well-rounded team, you
My name is Ferran. I am a Professional Digital Designer and Front-End Developer with over a decade of experience in this field. I was born and raised in Denpasar, Bali.
I developed an interest in art and design from an early age and started my career as a designer in 2008.
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