BI 344: How Swag.com Growth Hacked Their Way to the Inc 5000 List
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Episode Highlight
[04:13] – Jeremy gives a background of his business
- Jeremy started a product distribution company online called Swag.com in 2016.
- He discovered a problem with antiquated catalog presentations.
- His solution was to streamline the entire experience allowing buyers to personalize their products.
[05:20] – What is so special about Swag.com?
- Swag.com is different because of the product personalization and distribution platform.
- What is being distributed is an experience.
- Sales talk is not always required to sell products.
[07:21] – How Swag.com gained traction
- Initially, they targeted big brands to build strong client portofolio.
- A catchy name was essential. For Jeremy, Swag.com says everything about the business without having to say anything explicitly.
- With consistent content creation, they built a strong SEO strategy to increase their organic visitors. Their main focus is not on making viral posts but on getting to their target customers.
[8:25] – Getting the domain and starting up the business
- Jeremy got the domain from day one with no funds thanks to a deal they made with the owner; they eventually paid $200,000 for it.
- An outbound strategy works in the initial stages of startup businesses.
- Starting from top to bottom is not disadvantageous contrary to what other entrepreneurs believe.
- Rise above the challenges, get in the door and do everything you need to do.
[14:48] – Strategies to control traffic
- Using Google is too expensive to focus all your strategy based on it.
- One content strategy is creating consistent content to catch the attention of potential customers.
- From an SEO perspective, using longtail keywords in blog posts is effective when it´s focused to a specific target audience.
- Using traction channels or joining partnerships is a strategy in growth hacking.
[24:29] – Best conversion hacks
- The first conversion hack is to label products with Swag's tagline "we made this".
- After expansion, they started adding shipping labels saying "powered by swag.com" to every package.
- To gain more organic buyers, conducting giveaways is useful.
- Reciprocity helps solve the problem of cold outbound emails.
- The best way to raise money is through the press.
[30:58] – Jeremy's number one goal for the year ahead
- Jeremy intends to push hard on the Swag distribution platform.
- The platform will have unbelievably new features by then.
- The next phase is for the platform to allow people to automate Swag distribution by themselves.
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