Dalton + MichaelThe trap of optimizing for growth vs retention #startups #retention #growth #podcast
EVERY SPOKEN WORD
1 min read · 298 words- SPSpeaker
You know, there have been phases where I've worked in consumer and I've cared about my top line user growth, and then phases where I've worked in consumer and I cared about retention. There are all kinds of things you can do when you're only looking at top line revenue growth-
- SPSpeaker
Yeah
- SPSpeaker
... or top line user growth, or top line DAs. There are all kinds of tricks. Why don't we just send more push notifications? [laughs]
- SPSpeaker
[laughs] 'Cause that's what users really want.
- SPSpeaker
Send more email. Let's-
- SPSpeaker
[laughs]
- SPSpeaker
Let's send them deceptive email.
- SPSpeaker
[laughs]
- SPSpeaker
You know, there's a problem with your account-
- SPSpeaker
[laughs]
- SPSpeaker
... that'll make our GAUs go up.
- SPSpeaker
We could go up with, like, dark patterns all day long, right?
- SPSpeaker
Yes. Um, and, and whenever I've had to work on retention, it's, like, funny 'cause it's, like, you have to start with, like, well, am I helping the user? Is it actually working? Oh, oh, if it is working, well why do these users not see that it's work- Like, everything comes back down to serving someone. Whereas I feel like whenever I worked on the top line graph, I was serving myself. The user was a side story. The user was someone to be, I don't wanna say exploited-
- SPSpeaker
Yeah
- SPSpeaker
... but certainly someone to be extracted from.
- SPSpeaker
Yeah.
- SPSpeaker
Whereas whenever I worked on retention it was like, it's hard to make these users happy. I gotta [laughs] like I gotta really do more work. If you find yourself looking at the graph that allows you to take more from users than you give, I think that's how you lose the slop war. If you find yourself looking at the graphs that other people don't wanna look at, that's how you win.
- SPSpeaker
Yep.
- SPSpeaker
Yeah.
Episode duration: 1:24
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Transcript of episode 8S4o8-bk_JA
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