How fab.com gained 20,000 pre-launch signups in 10 days (without any TC or HN stories)<p>We studied launchrock and other such viral invite engines, but decided to build our own.<p>We built a simple landing page at http://fab.com which contains pretty imagery of the types of products that will be on our site, with only 1 simple sentence explaining what we'll do, and only 1 call to action: request an invite.<p>Once user requests an invite, we introduce them to our viral invite process for "priority access." Priority Access (first allowed in once we open the doors) is based on number of friends invited, PLUS we created 4 levels of priority access, rewarding people who invite more friends with actual cash credits towards future use of the site.<p>We built in simple shares for Twitter and Facebook, as well as gmail, ymail, AOL, hotmail, bulk invites.<p>We started off with our own employees' contacts and then purchased a small amount of highly targeted FB ads to people in our target demo.<p>We A/B tested several variants of the site, including placement of open boxes for users to enter email addresses manually vs. prompting them to invite from their address books and FB/twitter (address books far outperformed).<p>FYI. So far, more than 20k people have signed up pre-launch and of the thousands they've invited by email, 16k have yet to signup.<p>FYI 2. More than 2000 signups have invited more than 5 people each.<p>FYI 3. So far the top sources of new users are:
1. User-to-user email invites
2. Facebook Shares
3. Twitter tweets<p>FB and Twitter are just about even though in terms of resulting in signups.
Can you please explain how your cash credits will work:
What's the dollar amount for each credit?
How much initial investment did you put into this account to fund the cash credits?
Moving forward, will your profits cover all the cash credits and/or will it be covered from your own pockets?<p>Thank you.
Thanks for the data, Jason. It continues to surprise me how many people primarily use email to invite their friends. I remember reading an article from AddThis (or maybe it was ShareThis) reporting that email also dominated as the most used channel.<p>(Sorry, I couldn't find the original source)
Hey Jason,<p>I remember your name from back when you were working in the employment industry (I worked for a competitor back then.) Glad to see you have a new concept and it's starting off well.<p>Thanks for sharing what you've learned so far.
Nice work, and thank you for sharing! Design execution is excellent, hope you dont mind if i borrow some ideas. The cash incentive is a nice touch to reward your champions.