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- 4 scrappy ideas to get early customers for your tech startup
4 scrappy ideas to get early customers for your tech startup
See why to pick each idea & execution challenges founders tackled
Hi there š
First, welcome to the 102 new subscribers who joined us!
In the last issue I shared the 4 stages of 0 to 1 marketing.
In this issue: I am sharing 4 ideas to get early customers e.g. waitlist signups, Beta users, or first paying customers.
Since we are focused on actionable insights in this newsletter, I am also adding one challenge you can expect if you implement this idea, and how to tackle it:
Idea 1: TikTok. Challenge: Breaking past 250 views
Idea 2: Facebook Groups. Challenge: no-promotion
Idea 3: Nail your value. Challenge: insufficient data
Idea 4: Reddit. Challenge: opinionated community
Also included are first-hand experiences from founders running marketing at their tech startups. These are pulled from the Founder-Led Marketing Club (FLMC), the destination for founders to make real progress on marketing.
The issue closes with:
šļø Popular reads
š ļø Resource: Founder-Led Marketing Club
Have a question? A topic you want me to cover? This newsletter not meeting your expectations? Hit reply to share how I can make this newsletter more useful for you!
Best,
Sweta
P.S. The issue I promised on product-market fit is coming. I am doing more research including reading a couple of books (so you donāt have to!). A must-read blog is how Superhuman built an engine to find product-market fit. On a personal note, I am also traveling this summer. I am in Vancouver / Victoria, BC this weekend. If you have questions about PMF, reply to share.
Idea 1: TikTok
Why pick it: (1) if you know your target users are on TikTok, (2) to rapidly test content concepts, (3) build your brand / following to eventually convert to paying users.
Challenge: It is incredibly competitive to get views especially for organic (not paid) posts. People are on TikTok first and foremost to be entertained so you need at least 10s or 100s of 1000s of views to drive a small number to take your desired action e.g. visit your site.
A B2C SaaS founder in FLMC asked: āIs anyone using TikTok? I consistently tap out at ~250 views per video.ā
2 of 8 responses on how to address this challenge:
Iāve been leading TikTok for {startup} for a few months and definitely still in experimentation mode.
ā¢ whatās worked: funny/meme content, provocative questions in our niche to drive comments & shares
ā¢ whatās not: following trends for trendsā sake, longer talking to camera videos
Havenāt had a video get more than 30k views on the biz account but have had several videos on my person account go semi viral (700k-4M views).
Thatās how it was for me in the beginning. After 6 videos, one of them took off and it definitely helped improve the following videos.
My social media manager constantly says - itās trial and error but once 2-3 of them pop off, your account is in good graces of the algorithm. Theyāve been testing different trending sounds, including faces in the content, and different topics.
Idea 2: Facebook Groups
Why pick it: (1) you can join countless niche groups that your target audience is active in, (2) sometimes they are even searching for solutions like yours, (3) just observing conversations can be a high quality information source for raw, deep customer insights
Challenge: Youāll need to engage in many groups and develop a plan for how you will drive your audience to your site without breaking āno solicitationā rules (standard in most groups).
I asked a B2C SaaS founder in FLMC*: ā{Member}, what worked for you in getting to 350 waitlist signups in 2 weeks?ā
1 of 14 responses in FLMC*:
[Startup]ās target audience are expecting and new parents. A lot of moms-to-be are in Fb groups. I posted a message about [startup] in a few Fb groups and asked people to DM me if they were interested.
Generally, moderators donāt allow you to post links (couldnāt just add [startup]ās website) and they donāt like promotions in the groups, so I had to craft the message to make it less sales-y and more how the moms-to-be will benefit from [startup]. A few of my posts got declined by mods of course.
* FLMC stands for Founder-Led Marketing Club, the destination for founders running marketing at their tech startups. More on it below.
Idea 3: Nail your value prop
Why pick it: (1) it is a foundational aspect of marketing affecting everything else, (2) you will acquire more, and better fit, customers, more quickly.
Challenge: There is no easy formula for this. It takes constant and thoughtful iteration to ānailā. One of the most common issues is that your value proposition isnāt clear to your target audience.
Hereās 1 way you can test the clarity of your value prop:
1 of the most underrated experiments you can run is on nailing your value proposition to improve conversions. Step 1 of that is - do people understand what this is (in <5 secs), who its for, and why to pick it (in ~5 secs)?
Keep experimenting till you land on something that works i.e. conversion rate of 3%+ from cold traffic (ads, organic search, email outreach) on your site for your desired 1st action (waitlist signup, account creation, book demo, try product, etc.). This should be MUCH higher for warm traffic (referrals, newsletter) e.g. FLMC has 30% form start [my desired 1st action].
Do you know if your value prop is clear? What is your conversion rate and can it be improved?
Idea 4: Reddit
Why pick it: (1) you can be anonymous if youād like, (2) it can be useful for learning about the type of questions people are asking in your market and discovering new user segments, (3) you can deliver real value by answering their questions with content you might be creating for other channels.
Challenge: It is notorious for strict moderators and highly opinionated members. Many founders on the receiving end of these rules and opinions were traumatized by it. To avoid this, you need to allocate significant time to delivering value before subtly (if at all) driving people to your site.
Despite this challenge, here is 1 FLMC memberās results 10 days after she started experimenting with Reddit:
Quick update on my experiment so far with Reddit: My overall marketing goal is to get 500 waitlist sign ups by July 15ā¦Iāve received [19] sign ups so far in [3 days]ā¦ I havenāt been banned from subreddits yet. Iāll consider it a win so far.
A week into her experiment she is getting deep learning:
- [subreddit] had the highest conversion rate and also opened my eyes to a new niche I didnāt think of before. I think it could turn into my initial target market and is leading me to a new round of experimentation. š¤Æ
- Out of the 34 signups in the last week, I think ~80% are from redditā¦
- Is it super scalable? Not super scalable since itās time consuming finding posts to comment on and crafting non-spammy posts. BUT is super valuable for learning.
Want to give Reddit a try? Here are the resources I shared with the founders in FLMC:
I like this post by Casey Hill after hitting 100k views and, this Q&A with the founder of StarterStory who has said that Reddit was the 1 of 13 channels he tested early on that performed the best. Key takeaways from both:
Reddit is very strict about avoiding promotional posts. Be genuinely and authentically helpful and non-promotional. Be helpful in original posts and responses, and only share your product if asked.
Use it as a distribution channel for key content you are creating on other channels like LinkedIn or blogs. But, make sure you are clear on: how is this useful for readers?
Have a strategy for how you'll connect people back to your product, without being promotional. Casey says, "They reach out and find out through conversations or I will let people know my name on LinkedIn in comments". And, add links in your profile.
You must have thick skin because you will face unpleasant comments and could get banned by moderators.
Reddit will/may work but has a limit. E.g. for StarterStory it was the biggest turning point in the early days but now only accounts for 3% of their website traffic. Their biggest traffic source is now organic search. Do what you must to get early traction, and explore new channels consistently.
Have you experimented with Reddit? Reply to share what worked!
šļø Popular reads:
Thread on learning from Reddit tests (FLMC member-only link)
Case study: Going from $1K to $100K by niching down as step 1 to accelerate growth (public link)
Book: The Mom Test (affiliate link) - a must-read for how to run actually useful conversations for customer research and sales
Summary deck of the book (member-only)
Identify your marketing advantages (public)
How Superhuman built an engine for product-market fit (public)
Resource: Founder-Led Marketing Club (FLMC)
FLMC is the destination for founders running marketing at their tech startups. It is an invite-only club for founders who are serious about prioritizing and making progress on marketing their tech startup, and supporting others in doing the same. We just launched last month and have:
80 applications in 1 month (100% via word-of-mouth)
25+ vetted via 1:1 calls
15 invited to join ā> 14 have been weekly active
1 was removed due to inactivity (weāre serious about making real progress on 0 to 1 marketing, and supporting others)
1,100+ messages sent in ~1 month
And, founders are already making progress on their marketing:
āI like that I can ask a marketing question and get an answer right away either from an expert or from the fellow founders. I really like that we are a very focused group - marketing only!ā
āThe best thing for me has been the accountability part of it ā marketing sometimes falls from my priority list, or Iām not as strategic with it as I could be.ā
āI feel so much more capable and less insane. Itās so comforting knowing there are other founders doing it too - and thereās success on the other end.ā
If you / founder in your network is running marketing at their tech startup and wants the accountability, motivation, and answers to make real progress in taking your startup from 0 to 1 (product-market fit), apply for the Founder-Led Marketing Club.
If you applied, you should have heard from me. If not, hit reply and let me know. If a fit is confirmed on a call, I am inviting members to join on a rolling basis slowly so I can continue to improve the club!
What was interesting / helpful for you from this issue?
Hit reply and share your reactions or follow-up questions. Iām committed to curating a useful newsletter for founders running marketing at tech startups on the 0 to 1 journey. Your feedback will help me make it most useful for you!