Daily Edition · Page 10

THE DAILY INDEX

Technology, AI, software, security, crypto and business

NEWS & TRENDS

TLDR Marketing

PINTEREST IS HAVING A MOMENT

Gen Zers make up over 40% of Pinterest’s active monthly users. They’re outpacing millennials who first discovered and popularized the platform. Pinterest is growing because it’s a “place of solace,” instead of one of comparing and competing. Gen Zers are making aspirational boards about houses they want to live in, places they want to travel, and people they want to date. They’re ditching Google and browsing on social platforms instead.

MY FAVORITE GO-TO GROWTH TACTICS

Building a predictable and sustainable growth model should always be the priority, but there are many situations where smaller-scale growth tactics can make a huge difference. Including profiling questions in onboarding enables companies to identify effective and long-lasting growth strategies. Implementing reverse trials in a freemium model can increase conversion rates since it gets users hooked on paid features. Ensuring lower-tier customers have clear visibility into the features of higher-tier plans is critical. Finally, improving high load times on critical pages increases the number of users that convert.

2024 PREDICTIONS FOR PRODUCT MANAGEMENT & MARKETING

This post contains 3 predictions for product management and 3 for growth and product marketing. The author predicts there will be a higher emphasis on product collaboration with marketing in 2024. Additionally, to grow B2B, SaaS products will opt for cheaper alternatives to freemium and free trials, such as sandboxes and interactive demos. Product-led sales will also intensify, with the “human touch” being critical for conversion.

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