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The pirate model. Say it out loud.

AARRR stands for Acquisition, Activation, Revenue, Retention and Referral. Dave McClure introduced it in 2007 as "Startup Metrics for Pirates". It stuck because it is simple: five stages, in order, each with numbers you can count.

GrowthHub builds one growth model for each client on these five stages. Then 167 AI agents run experiments against it, week after week.

A spyglass on a ship rail pointed at small boats on the horizon
Stage 1

Acquisition

How do buyers find you?

Acquisition is the top of the model. It covers every way a buyer first meets you: an ad, a search result, a cold email, a trade fair. The agents here find the accounts, write the message and watch the competition.

  • Qualified visitors
  • New leads
  • Cost per lead
  • Share of search
A ship anchor lifted from the water on an orange rope
Stage 2

Activation

Do they take the first real step?

Activation is the moment interest becomes intent. A visitor books a demo. A lead replies. The agents here check that the page matches the ad, the message fits the buyer and the lead is worth a call.

  • Visit-to-lead rate
  • Demo requests
  • Lead quality
  • Time to first reply
An open treasure chest with stacks of orange and cream coins
Stage 3

Revenue

Do they pay, and how much?

Revenue is where the model meets the bank account. In B2B the work that wins the deal is the work that keeps it: follow-up, proof, the right offer at the right time. So Revenue shares its agents with Retention and we do not count them twice.

  • Pipeline value
  • Win rate
  • Deal size
  • Sales cycle length
A striped lighthouse guiding a small ship back to harbour
Stage 4

Retention

Do they stay and buy again?

Retention is the cheapest growth there is. The agents here spot accounts that are going quiet, bring lost customers back and listen to what buyers say after the sale.

  • Churn
  • Renewals
  • Expansion revenue
  • Customer sentiment
A lead ship with an orange sail followed by a growing fleet
Stage 5

Referral

Do they bring others?

Referral closes the loop. Happy customers, respected voices and good stories send new buyers back to the top of the model. The agents here find the champions and give them something worth sharing.

  • Referred leads
  • Reviews
  • Case studies
  • Champion activity

Why one model beats five retainers.

The stages feed each other.

A review from Retention becomes ad copy in Acquisition. A lost deal in Revenue becomes a win-back in Retention. Separate agencies never see that.

You find the real leak.

More traffic does not help if leads never book a call. The model shows which stage is losing customers, so the next experiment goes there.

Every experiment has a home.

Each test belongs to one stage and one metric. When it ends, you know what moved. Nothing runs outside the model.

See your own AARRR model.

Book a free intro call. We look at your numbers together and mark where each stage stands.

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