• Hard Won Lessons From 1,000+ A/B Tests with Joe Wilkinson | Horizons Podcast

  • Feb 18 2025
  • Duración: 1 h y 9 m
  • Podcast

Hard Won Lessons From 1,000+ A/B Tests with Joe Wilkinson | Horizons Podcast

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  • Listen now on YouTube, Spotify, and Apple.—Joe Wilkinson helped scale Lucid past $100M ARR and now advises early-stage startups on product-led growth and turning visitors into customers through his boutique consultancy Artisan Strategies.Here’s some of my takeaways from this week’s episode…1/ 🎯 Value First, Distribution Second• The best products create an amazing core experience that sells itself• Distribution becomes about showcasing that incredible experience• Start with making something people genuinely love, then figure out how to reach them2/ 🔄 Monthly > Annual Early On• Monthly subscriptions force everyone to focus on customer retention• Teams naturally optimize for keeping users happy and engaged• Build better products by allowing customers to "vote with their feet"3/ 📊 Data Should Serve Action, Not Vice Versa• Data alone never makes decisions - humans do• Avoid using data as an excuse for inaction• Better to ship without perfect data than to have perfect data and never ship4/ 🎨 Not All Clicks Are Equal• Remove friction that blocks value, not just any friction• Video games have long onboarding but users don't mind because it's valuable• Focus on maintaining momentum toward the core value proposition5/ 💼 The Power of Fractional Leadership• Get higher-caliber talent than you could afford full-time• Perfect for early-stage companies that need expertise but not full-time roles• Can be more impactful in 1 day/week than a full-time junior hire6/ 🎯 Operational Risk > Opportunity Risk• Focus on executable strategies with clear value vs speculative bets• Example: Master proven channels (SEO) vs chasing new unproven ones• Success comes from execution quality, not gambling on opportunities7/ 🌱 Solve The Now, Build For Later• Must survive today to thrive tomorrow• Make decisions that work now but inform future vision• Balance immediate revenue needs with long-term product development8/ 🎮 Product-Led Growth Requires Consumer-Grade Experience• Enterprise software needs to feel as good as consumer apps• Focus on individual user delight first• Let grassroots adoption drive enterprise sales—Where to find Joe Wilkinson:* LinkedIn: https://www.linkedin.com/in/josephwilkinson/* Web: https://artisangrowthstrategies.com/—In this episode, we cover:00:00 Global Connections: The Power of the Internet 00:25 The Evolution of Podcasting and AI 01:55 Insights from Venture Capital: Learning from the Best 06:35 Growth Strategies: Lessons from Lucid 11:19 The Journey of Lucid: From Startup to Success 13:11 Lucid's Core Offerings and Innovations 13:58 Mindset for Growth and Experimentation 16:10 The Importance of Testing and Learning 17:07 A/B Testing Success Rates and Strategies 19:47 Achieving Statistical Significance in Testing 23:44 Frequentist vs Bayesian Approaches to Testing 30:03 Understanding Click Value in User Onboarding 34:17 The Concept of Product-Led Growth 36:02 Grassroots vs Traditional Sales Models 40:09 Common Misconceptions about Product-Led Growth 41:34 The Role of Data in Business Decisions 42:30 The Role of Data in Decision Making 47:21 Understanding Time Horizons in Business 50:24 Navigating the Middling Problem 57:11 The Rise of Fractional Work 01:03:51 Operational Risk vs Opportunity Risk—Obligatory disclaimer: I've worked at YouTube and Google for about a decade in various marketing teams. Nothing I say in my personal spaces is necessarily endorsed by them. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit horizonspod.substack.com
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