Byron Hill

Byron Hill Email and Phone Number

Helping 7/8-fig DTC brands double profits through data-driven research and full-funnel optimization @ Growth Labs
Byron Hill's Location
Edmonton, Alberta, Canada, Canada
About Byron Hill

After spending ๐Ÿฑ+ years as a jack-of-all-trades freelancer doing design, development, research, marketing and experimentation for ecommerce brands I noticed a trend:These brands were ๐—ฐ๐—ผ๐—ป๐˜€๐˜๐—ฎ๐—ป๐˜๐—น๐˜† testing things across their marketing, website and emails, but they had aอŸbอŸsอŸoอŸlอŸuอŸtอŸeอŸlอŸyอŸ nอŸo processes in place to prioritize, document or analyze them.This meant they were โ€œflying blindโ€ and had no way to ๐—ฐ๐—ผ๐—ป๐˜€๐—ถ๐˜€๐˜๐—ฒ๐—ป๐˜๐—น๐˜† optimize their funnel - aอŸnอŸdอŸ eอŸvอŸeอŸnอŸ wอŸoอŸrอŸsอŸe - when they found something that worked, they had nอŸoอŸ cอŸlอŸuอŸe why and couldnโ€™t improve on it.I decided there ๐—ต๐—ฎ๐—ฑ to be a better way - so I created it, and itโ€™s called the R.O.C.K.E.T Framework ๐Ÿš€It's a six-step process for performing research and experimentation that actually moves the needle - prioritizing, documenting and analyzing results to optimize over time.1) ๐—ฅ๐—˜๐—ฆ๐—˜๐—”๐—ฅ๐—–๐—› - Perform research to understand exactly why customers buy from you and more importantly why they donโ€™t.2) ๐—ข๐—•๐—ฆ๐—˜๐—ฅ๐—ฉ๐—˜ - Identify issues, ideas and theories based on the research then investigate and brainstorm potential solutions.3) ๐—–๐—”๐—Ÿ๐—œ๐—•๐—ฅ๐—”๐—ง๐—˜ - Meet with the entire team to prioritize potential solutions, define business objectives and develop a roadmap.4) ๐—ž๐—œ๐—–๐—ž๐—ฆ๐—ง๐—”๐—ฅ๐—ง - Combine multiple low risk observations into a set of large scale changes for rapid improvement and learning.5) ๐—˜๐—ซ๐—ฃ๐—˜๐—ฅ๐—œ๐— ๐—˜๐—ก๐—ง - Develop and run focused experiments to validate hypotheses, implement the winners and gather customer insights.6) ๐—ง๐—ฅ๐—”๐—ก๐—ฆ๐—Ÿ๐—”๐—ง๐—˜ - Analyze past research, observations and experiments to identify trends and areas of improvement for your brand.Furthermore, we created a system for applying this framework to brands to ๐—ถ๐—ป๐—ฐ๐—ฟ๐—ฒ๐—ฎ๐˜€๐—ฒ funnel throughput which we call the Growth Formula.( ๐—ง๐—ฉ * ๐—–๐—ฉ๐—ฅ * ๐—Ÿ๐—ง๐—ฉ ) - ๐—ฉ๐—– = $$๐—ง๐—ฉ = Traffic Volume (Acquisition)๐—–๐—ฉ = Conversion Rate (Conversion)๐—Ÿ๐—ง๐—ฉ = Lifetime Value (Retention)๐—ฉ๐—– = Variable Costs (Operations)Given this formula, there are oอŸnอŸlอŸy four areas we can optimize to increase profits: acquisition, conversion, retention and operations - we apply the R.O.C.K.E.T Framework to each of them.Want to learn more? Click the link below, fill out the quiz, and get your ๐—ณ๐—ฟ๐—ฒ๐—ฒ Growth Scorecard with recommendations to grow your brand ๐Ÿ“ˆ

Byron Hill's Current Company Details
Growth Labs

Growth Labs

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Helping 7/8-fig DTC brands double profits through data-driven research and full-funnel optimization
Byron Hill Work Experience Details
  • Growth Labs
    Founder
    Growth Labs Sep 2019 - Present
    Edmonton, Alberta

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Byron Hill's current role is Helping 7/8-fig DTC brands double profits through data-driven research and full-funnel optimization.

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