Growth Loops & North Star Metric: SaleHay
Business Game Classification
Transaction Game — SaleHay's value scales with the number of successful referral-driven transactions (leads, sign-ups, purchases) processed through the platform between Brands (ORGs), Affiliates (CTVs), and End Customers.
North Star Metric
Monthly Successful Referrals (MSR) — The total number of verified, attributed conversions (leads or sales) driven through SaleHay affiliate links per month, across all ORGs.
Validation Against 7 Criteria
| # | Criterion | Pass? | Reasoning |
|---|---|---|---|
| 1 | Easy to Understand | ✅ | "How many successful referrals did the platform generate this month?" — anyone gets it. |
| 2 | Customer-Centric | ✅ | Measures value delivered to both Brands (new customers) and Affiliates (earned commissions). |
| 3 | Sustainable Value | ✅ | Indicates healthy, repeating affiliate activity — not one-off spikes. |
| 4 | Vision Alignment | ✅ | Directly tracks platform adoption toward becoming SEA's affiliate infrastructure. |
| 5 | Quantitative | ✅ | Countable. Tracked via conversion pixels & API events. |
| 6 | Actionable | ✅ | Teams can improve it by onboarding more ORGs, activating more CTVs, or improving tracking accuracy. |
| 7 | Leading Indicator | ✅ | More referrals → more commissions paid → higher ORG retention → more revenue. |
Input Metrics (Leading Indicators)
| Input Metric | Definition | How It Drives NSM |
|---|---|---|
| Active ORGs | # of ORGs with ≥1 active affiliate link in the last 30 days | More active ORGs = more surface area for referrals |
| Active CTVs per ORG | Average # of affiliates generating ≥1 click per ORG | More active CTVs = more link distribution = more conversions |
| Click-to-Conversion Rate | % of affiliate link clicks that result in a verified conversion | Higher quality tracking & landing pages = more referrals per click |
| Payout Completion Rate | % of earned commissions paid out within 7 days | Faster payouts → higher CTV trust → more active CTVs |
| ORG Activation Rate | % of new ORGs that create their first affiliate link within 7 days of signup | Faster activation = faster time-to-first-referral |
Growth Loops Analysis
Loop 1: Referral Loop (PRIMARY — Implement First)
Brand creates ORG portal on SaleHay
→ Invites 50-500 existing customers/partners as Affiliates
→ Each Affiliate gets unique tracking link
→ Affiliates share links on Zalo, Facebook, TikTok
→ End Customers convert (buy/sign up)
→ Affiliate earns commission, Brand gets new customer
→ Affiliate shares more (earning more)
→ Brand sees ROI, invites MORE affiliates
↻ LOOP REPEATS- Fit Score: 9/10 — This IS the core product. The entire SaleHay value prop IS a managed referral loop.
- Loop Coefficient Estimate: If each ORG invites 100 CTVs, and each CTV brings 5 conversions/month, and 2% of end customers become CTVs themselves → K-factor ≈ 0.1 (slow but steady organic expansion).
- Key Lever: Payout speed. The faster CTVs get paid, the more they share.
Loop 2: Viral Loop (SECONDARY — Layer at Scale)
Brand's Affiliate Portal shows "Powered by SaleHay"
→ Affiliate (who is also a small business owner) sees the tool
→ Thinks: "I need this for MY business too"
→ Signs up as a new ORG
→ Creates their OWN affiliate program
↻ LOOP REPEATS (B2B2B virality)- Fit Score: 7/10 — Classic "Powered by" strategy (like Calendly, Typeform). Works because CTVs are entrepreneurial by nature.
- Loop Coefficient Estimate: If 1% of all active CTVs become new ORGs → With 10,000 CTVs, that's 100 new ORGs/year organically.
- Key Lever: The Affiliate Portal must be impressively good-looking and branded, making CTVs think "I want this for my business."
Loop 3: Collaboration Loop (TERTIARY — Enterprise Upsell)
Brand Admin invites Sales Manager to co-manage affiliates
→ Sales Manager invites Regional Leads
→ Regional Leads manage local CTV clusters
→ Multi-seat usage drives Enterprise tier subscription
↻ LOOP REPEATS (land-and-expand within org)- Fit Score: 5/10 — Works mainly for larger ORGs with franchise/multi-branch structures.
- Key Lever: Role-based access control (Admin, Manager, Viewer) must be seamless.
Loop 4: Usage Loop — Not Primary Fit
- Fit Score: 3/10 — SaleHay is infrastructure, not a content platform. Users don't create "shareable content" inside the product.
Loop 5: User-Generated Loop — Not Applicable
- Fit Score: 2/10 — No UGC mechanism inherent to the product.
Ranked Summary
| Rank | Loop Type | Fit | Priority | Timeline |
|---|---|---|---|---|
| 1 | Referral Loop | 9/10 | PRIMARY | Day 1 (already built into product) |
| 2 | Viral Loop ("Powered by SaleHay") | 7/10 | SECONDARY | Month 3-6 (optimize portal branding) |
| 3 | Collaboration Loop (Multi-seat) | 5/10 | TERTIARY | Month 6-12 (Enterprise tier) |
| 4 | Usage Loop | 3/10 | Skip | — |
| 5 | User-Generated Loop | 2/10 | Skip | — |
30-60-90 Day Implementation Roadmap
| Phase | Actions | Target Metric |
|---|---|---|
| Day 1-30 | Optimize CTV onboarding flow. Reduce time-to-first-link to <5 minutes. Implement instant payout notifications via Zalo. | ORG Activation Rate > 60% |
| Day 31-60 | Add "Powered by SaleHay" branding on all Affiliate Portals. Create a landing page specifically for CTVs who want to become ORGs. | Track B2B2B conversion rate |
| Day 61-90 | Launch multi-seat roles for Enterprise ORGs. Create an ORG-to-ORG referral incentive program (refer another business, get 1 free month). | Active ORGs growth MoM > 15% |