In this episode of The Future of Consumer Marketing, Cory Maran shares how Fable evolved from a book club platform to a comprehensive social reading app with 2 million users and 70,000 book clubs. By focusing on measurement, activation metrics, and creator partnerships, Fable has built a sustainable growth engine that cuts through the noise of mega social platforms to create meaningful community engagement around reading.
Topics Discussed:
- Building and scaling a holistic growth marketing strategy beyond traditional user acquisition
- Implementing mobile measurement partners (MMPs) to optimize user acquisition costs and targeting
- Evolving from a pure community-driven growth model to a hybrid approach incorporating paid channels
- Leveraging creator partnerships to generate authentic content and build engaged reading communities
- Optimizing for deep product activation metrics instead of surface-level installation metrics
- Developing technical infrastructure to support sophisticated growth experiments
Lessons For Consumer Marketers:
Optimize Campaigns for Product Activation, Not Just Acquisition
- Integrated mobile measurement partner (MMP) to optimize ad campaigns for specific in-app events
- Cut acquisition costs in half by eliminating landing page friction
- Enabled optimization for events correlated with long-term retention rather than just installs
- Implemented cross-platform tracking to better understand the user journey
Build Long-Term Creator Partnerships Within Your Niche
- Focused on deep partnerships with trusted voices in the “BookTok” community
- Achieved higher conversion rates compared to general lifestyle influencers
- Created lasting relationships instead of one-off sponsored content
- Used creator content performance data to inform paid media strategy
Layer Growth Channels Instead of Pivoting Between Them
- Maintained successful creator partnerships while adding direct response advertising
- Found creator content performed best in paid campaigns
- Used paid amplification to surface organic content to new audiences
- Developed diversified channel mix to reduce platform dependency
Use Community Feedback to Drive Growth Strategy
- Leveraged constant user feedback through app interface
- Monitored social channels and App Store reviews for insights
- Identified highest-value features through user behavior analysis
- Shaped product development based on community engagement patterns
Transform Technical Infrastructure into Growth Leverage
- Invested in MMP integration for sophisticated tracking capabilities
- Built systems to track user journeys across platforms
- Enabled optimization for deeper activation metrics
- Created foundation for more sophisticated growth experiments
Think Holistically About User Acquisition and Retention
- Integrated acquisition, engagement, and lifecycle initiatives
- Collaborated closely with product and community teams
- Optimized for long-term user value rather than just acquisition
- Developed feedback loops between marketing and product development