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Marketing Cookbook Michael Terwindt Marketing Cookbook Michael Terwindt

Simple Growth Strategy Framework

Here’s our business growth strategy framework, in a simplified form.

Our business growth strategy framework, in it’s simplest form. Ready for you to use as a template for new business, product ideas or campaign ideas. Includes the 3 pillars of growth strategy: having a critical path, using hypotheses and a testing methodology.

Here’s our business growth strategy framework, in a simplified form.

Use it as a template for new business, product ideas or campaign ideas. It includes the 3 pillars of growth strategy: namely having a critical path, forming hypotheses for marketing initiatives and a employing a testing methodology to organize the chaos.

Simple Growth Strategy Framework

[Project Name]

Positioning

  • What it is: …

  • Who's it for: …

  • Why it matters: …

Acquisition Channels

  • Main: …

  • Supporting: …

Customer Journey/Sales Funnel

  • Beginning/Awareness: …

  • Middle/Evaluation: …

  • End/Decision: …

Growth Goal & NSM (North Star Metric)

  1. … (this quarter)

  2. … (next quarter)

Objectives (max 3)

  1. … (laddering up to current Growth Goal)

  2. … (future work, on existing or future growth goals)

Tasks

  • … (laddering up to Objectives, includes Hypothesis and priority score)

  • … (go on Ideas Backlog, waiting for future relevant Objectives)

  • … (ICE Score for prioritization of ideas: Impact, Confidence (in hypothesis), Ease (inverse of lift))

Hypothesis Format

Since observing A, we think making B change will result in C outcome, which we’ll measure with D metric/success criteria.

This is basically all you need. All of marketing can be encapsulated in the above framework.

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Marketing Cookbook Michael Terwindt Marketing Cookbook Michael Terwindt

Website Conversion Setup in Google Ads (Summary)

A summary 4 step process to set up conversions on a website using Google Tag Manager and Google Analytics 4, for the purpose of piping it through to Google Ads and then setting it as the ad campaign conversion goal.

  1. Create event in GTM

  2. Create event and conversion in GA4, mirroring the event title from Step 1

  3. Add custom conversion in GAds Goals settings, pulling in what you just set up on GA4

  4. Select conversion in GAds Campaign settings

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