🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥

News

Pods

Back

Rajan Paswan

Honorary Mentions - ... • 12m

Hack Used By Startup #8 Dropbox’s This Strategy Increase Their Sign-Ups From 100k to 4Million!! The Problem: Dropbox needed to grow its user base quickly but had a limited marketing budget. The Idea: Dropbox implemented a referral program, offering extra storage space to users who invited their friends to join. Both the referrer and the new user received additional free storage. How It Worked: The referral program was simple to use and encouraged word-of-mouth marketing. Users could invite friends through email and social media, making it easy to share the service. The Result: This referral program was incredibly effective. Dropbox saw a dramatic increase in user sign-ups, growing from 100,000 to 4 million users in just 15 months. The viral growth driven by this hack helped Dropbox become a major player in the cloud storage market.

8 replies13 likes

Replies (8)

Shashank

Tech otaku • 12m

A simple and easy way to grow their user base

1 replies1 like

Anonymous 3
•

slice • 12m

The Best thing they did: didn't overcomplicate their referral program, making it easy for users to understand and participate.

1 replies1 like

Anonymous 2

Hey I am on Medial • 12m

This called making your users your "brand ambassadors" and it very well works!

1 replies1 like

Anonymous 1

Hey I am on Medial • 12m

Dropbox's referral program is a perfect example of how a simple yet effective growth hack can skyrocket a startup's user base, Kutrim using similar tactics

1 replies1 like

Recommendations from Medial

Aryan Raj

Building @Prescribal... • 12m

In 2007, Drew Houston forgot his USB drive at home while traveling. Frustrated by the inconvenience, he realized the need for a better solution to access files from anywhere. This sparked the idea for Dropbox. Initially, Houston struggled to attract

12 replies12 likes

Dr Saurav singh

Doctor by profession... • 2m

Here are some crazy marketing tactics that worked wonders for startups in their early days: 1.Paying People to Use the Product –PayPal gave new users $10 for signing up and $10 for referrals.This cost them millions but helped them dominate the marke

2 replies11 likes

Mohammad Asaad Sayed

My mind to me a king... • 3m

How Dropbox Engineered Its Explosive Growth Dropbox didn’t just grow—it skyrocketed. From a small startup to a billion-dollar company, they used smart, scalable, and cost-effective growth strategies. No crazy ad budgets, just high-leverage tactics t

0 replies11 likes

Rishi Chavan

Ignoramus • 2m

When will the Medial team bring any kind of Referral Program in the future which will reward the existing users who referred?

2 replies4 likes

MK

Hey I am on Medial • 4m

CoinSwitch CEO Ashish Singhal announced the “CoinSwitch Cares” program on Tuesday, introducing a ₹600 crore recovery plan for WazirX users affected by the July 2024 cyberattack. The hack impacted over 4.4 million users, causing a total loss of ₹2,000

3 replies1 like

Thakur Ambuj Singh

🚀 Entrepreneur | Re... • 1m

Breaking Barriers with the Free Moat! 🚀💡 Companies like Dropbox, Spotify and Canva attract users with free plans, leading to

0 replies6 likes

Comet

#freelancer • 1m

6️⃣ Free Cloud Storage Services 1. Google Drive - URL: https://drive.google.com - Description: You know this one 😛 2. Dropbox - URL: https://dropbox.com - Description: Dropbox provides a user-friendly platform for file storage and shar

0 replies3 likes

Inactive

AprameyaAI • 10m

No money, no problem: How freemium model and content fueled 150% growth 1. Airbnb's Political Piggyback → Crafted cereal boxes themed after 2008 presidential candidates → Sold out, got press attention, funded their startup Lesson: Ride trending top

0 replies8 likes

Nawal

Entrepreneur | Build... • 1m

Drew Houston: The Man Who Turned a Forgotten USB into a $10 Billion Idea 🔥 Ever lost an important file because you forgot your USB drive? That’s exactly what happened to Drew Houston, and instead of just getting frustrated he built Dropbox, a bil