Company case study

Meetup Group Takeover

A unique strategy to acquire free leads by taking over abandoned Meetup groups

Meetup Group Takeover: Founded by Edward Sturm, this business model involves taking over abandoned Meetup groups that have thousands of members after the original organizer steps down. It came up on Koerner Office in the episode "A Secret Growth Hack to Steal Free Customers From MeetUp. Ep. #81" (aired October 21, 2024).

At a glance

Meetup Group Takeover at a glance
PodcastKoerner Office
Hosted byChris Koerner
EpisodeA Secret Growth Hack to Steal Free Customers From MeetUp. Ep. #81
AiredOctober 21, 2024
Revenue and tractionWhile specific revenue numbers weren't mentioned, the potential for generating leads and customers is significant due to the existing member base of the groups, often numbering in the thousands.
CategoryMedia

Figures and claims are as told on the episode, summarized from the transcript. Check the date: they describe the company at the time it aired.

What the episode said

A Secret Growth Hack to Steal Free Customers From MeetUp. Ep. #81 · aired October 21, 2024 · hosted by Chris Koerner

Why it works

This strategy capitalizes on Meetup's incentive structure, which allows new organizers to take over groups that would otherwise be abandoned. It provides immediate access to a community of engaged individuals, effectively creating a low-cost customer acquisition channel.

Founding story

Edward Sturm first gained attention for his viral marketing tactics, including a prank video that garnered millions of views. His expertise in growth marketing led him to identify the opportunity within Meetup groups that were no longer active, allowing him to leverage existing communities for business growth.

The playbook

1. Set up a landing page describing your version of Meetup Group Takeover - A unique strategy to acquire free leads by taking over abandoned Meetup groups to gauge interest. 2. Run small-scale ads to drive traffic to your landing page and collect email signups. 3. Reach out to people who signed up to understand their specific needs. 4. Build your initial offering based on the feedback from potential customers. 5. Launch with a limited-time founding member discount to create urgency.

Also mentioned

Using this strategy allows for direct communication with group members via messages, which can be crucial for marketing your events. You can also collaborate with other event organizers to cross-promote, increasing your visibility. Engaging with the community will help build trust and establish your brand within the group.

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