Where does this idea of glorifying not spending on marketing come from? I think it involves a fundamental misalignment of the point of building a business. I view a business as an investment vehicle and marketing is how you turn over that investment. I would be much more impressed with a business that can consistently arbitrage advertising into profits at scale. In reality anything that touches a prospect, customer o…
How Duolingo got 110M users without spending on marketing
21–30 of 68 posts
Re: How Duolingo got 110M users without spending on marketing
#22Where does this idea of glorifying not spending on marketing come from? I think it involves a fundamental misalignment of the point of building a business. I view a business as an investment vehicle and marketing is how you turn over that investment. I would be much more impressed with a business that can consistently arbitrage advertising into profits at scale. In reality anything that touches a prospect, customer o…
Re: How Duolingo got 110M users without spending on marketing
#23Re: How Duolingo got 110M users without spending on marketing
#24Re: How Duolingo got 110M users without spending on marketing
#25Is this really a thing? Sounds exploitable, and I thought the randomness of slot machines is quite carefully vetted.
Re: How Duolingo got 110M users without spending on marketing
#26The title of the article belies its content. Several examples of marketing are cited: - They identified a market: people who want to learn a language as quickly, easily and inexpensively as possible. - They analyzed and understood the needs and desires of the target market. Presumably they further segmented the market. - They created an offering that met the needs of the segment(s) they were going after. - They delib…
Re: How Duolingo got 110M users without spending on marketing
#27Earlier quoted context omitted.
Maybe the title was changed but the title now says without /spending/ on marketing. Your examples were, in theory, all free.
It costs money to pay people to do those things. Maybe we can say "without advertising or promotions"?
Re: How Duolingo got 110M users without spending on marketing
#28Where does this idea of glorifying not spending on marketing come from? I think it involves a fundamental misalignment of the point of building a business. I view a business as an investment vehicle and marketing is how you turn over that investment. I would be much more impressed with a business that can consistently arbitrage advertising into profits at scale. In reality anything that touches a prospect, customer o…
To your first point, I do think leanness is a virtue. Especially in a young company where product market fit isn't yet targeted it can be easy to burn investor money without roi.
Re: How Duolingo got 110M users without spending on marketing
#29The gamification aspects of Duolingo are a nice touch, but even if it didn't have this it would probably still be popular. I don't think there has to be some sort of "one weird trick" here. It's not perfect, but Duolingo 1) is free, 2) has no ads, 3) has both a website and apps, 4) is interactive with audio and voice recognition. There really isn't any competition to this. Lots of people want to learn languages; is i…
Memrise ticks (1) (2) (3) and (4), although I believe it is now a fremium model.
Re: How Duolingo got 110M users without spending on marketing
#30Where does this idea of glorifying not spending on marketing come from? I think it involves a fundamental misalignment of the point of building a business. I view a business as an investment vehicle and marketing is how you turn over that investment. I would be much more impressed with a business that can consistently arbitrage advertising into profits at scale. In reality anything that touches a prospect, customer o…
I'm highly unlikely to find myself in a position any time soon where I've got a $500m marketing budget. So someone turning that in to $1b+ is of less interest to me than the guy who went from 0 to whatever cheaply.