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Canva (B)
Hey, it’s Alex. Last Thursday was special. We threw our first Marketing Examined event. 45 ppl RSVP’d. 43 people showed up. That means the world to me. My entire goal is to bring badass people, doing badass things, together to build more badass things. It’s simple. But it’s a process. And Thursday we laid down the first brick. And will continue to build it brick by brick until our content and community impact 5M+ people.
Here’s a quick recap:
And a huge thank you to our partners Insense and AE Studio.
How To Increase Your Conversion Rate:
A lot of marketers will tell you to leverage influencers for paid ads. That’s just not enough context.
Here’s how to work with influencers to lower your conversion rate:
Run an influencer seeding campaign (ship product to influencers for free).
A percentage will create content around your product.
Establish partnerships with creators whose organic content performs well.
Remix those pieces of content into 100-200+ different pieces of creative.
Build a UGC library and organize it by value propositions.
Use Insense Pro for a fraction of the cost of hiring an internal team.
Which is why 15,000+ brands like Obvi, GoPure, and Ivy Beauty use Insense.
And I got you $200 for your first UGC campaign until Dec 15.
90% of content receives zero organic traffic from Google….
And Canva? 156M organic visits a month.
Which is estimated to be worth $28M. And is directly driving 20% of Canva’s annual $1.7 billion in revenue.
Which creates these questions in my head:
What’s driving this traffic?
How do they create free tools around their ICP’s job to be done?
How do they convert this traffic into paid users?
Your ideal customer has specific jobs to be done.
For example, a Head of Social may need an Instagram story template. A GIF maker. A video editor. A carousel builder. To name a few.
These are all “jobs to be done.” And when you look at this from a birds-eye view - it sounds like this “Head of Social” needs an all-in-one tool.
But people don’t search for all-in-one tools or solutions.
They search for one of one solutions. Solutions very specific to a problem or need.
And Canva knows this. Optimizes for this. And funnels the one-of-one solutions down to the all-in-one solution.
Lemme show you…
Awareness Phase: Target specific solution-oriented keywords
Let’s start here.
The keyword “logo-maker” gets 260k searches a month.
The keyword “meme-generator” gets 698k searches.
So, Canva created FREE tools to match the intent behind these searches.
Because they know if they can get an unaware user to experience Canva, they can later upsell the paid version.
But the first step is getting users into the funnel…
So, to scale this Canva created templatized dedicated landing pages for each tool.
They’re simple. Straight to the point. And help fast-track the user from “unaware” to an “aha” moment.
The only action needed? Sign up via Gmail, Facebook, or email.
And within seconds - you’re creating.
Now, you’re in Canva’s funnel.
But they go a step further to create the funnel based on intent…
Consideration Phase: Design experience around search intent
Consider these two keywords:
Resume templates vs. Resume maker.
They seem similar but signal different intent.
One person is looking for a plug-and-play option.
The other is looking to create.
Canva recognized the difference in intent and designed different experiences to align accordingly.
One landing page highlights why Canva is great for building resumes.
The other landing page highlights the extensive library of free resumes.
Different needs. Different entry points. Same funnel structure. Just personalized to the intent.
When content aligns with the user's intent, they’re more likely to engage and continue to the next step of the funnel.
Conversion: Use Freemium to Acquire Users
Canva gave users a basic version of their paid solution.
After they receive value, they’re prompted to create an account - not before.
This acts as a bridge by solving a specific problem at a specific moment in time.
The initial value from a free tool provides immediate relief. Almost like a painkiller. Where the paid solution is physical therapy to get rid of a potential long-term problem.
Now. Your turn.
Your Playbook in Action
To recap - your ideal customer has a specific job to be done.
Canva took their paid product. Broke it down into singular products. Positioned those products as tools.
Then they layer in SEO to make it easy for their prospective users to find the tool while they are grappling with the specific problem.
Rather than marketing the “perfect tool for designers”, they made a badass meme generator.
And in the exact moment you need to make a meme, Canva is at the top of your Google search when you search for, “meme generator.”
This is how you replicate Canva’s strategy to dominate SEO:
Define your ideal customer persona.
Brainstorm at least 20 specific jobs to be done for your ICP.
Identify the top 3-5 JTBD (jobs to be done).
Plug in the keyword into Ahrefs.
Filter by questions to see the most searched questions related to the problem.
Create a guide, playbook, or free tool for each question.
Move users from free resource to paid version.
This can be done through extensive marketing via ads, email, or SMS or by creating restrictions/limits for free users before bridging them to a paid account.
How To Build The Best AI Product.
No ad copy needed…
Rabbit Hole Reads and Resources
Product Launch: Would you rather watch a 60-second video or listen to a sales guy for 15 minutes? These companies got millions of views on their SaaS product launches and drove customer acquisition costs into the ground.
2024 Trends: Pickleball? Nah. Pinterest says millennials and Gen Z are picking up badminton. This Pinterest mood board will help you find your next startup idea.
Viral Sensation: Every Burberry video on TikTok has over 1M views. Respect.
Retail: McDonalds launches a new concept focused on drinks & snacks. CosMc’s has no dining room and no Big Macs. Interesting move, think it could be a hit?
Tik Tok: Did you know you can score points on Tik Tok? You can’t. But it’s a great framework to think about the algorithm. This breakdown gives you the sauce to go viral.
Appreciate you readin’.
Btw - email me back with your startup or product. We’re going to talk about how we’d grow it on our podcast “Sweat Equity.”
Alex G
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