Chapter 02 · Foundations

Growth is broken. Trust is the fix.

Elena Verna
Elena Verna
Head of Growth · Lovable
9 min readUpdated August 15, 2026
LinkedInPost

Why paid acquisition is losing to earned trust, and what your GTM motion needs to do about it.

TL;DR

Every classic acquisition channel is losing efficiency at once, and none of them are coming back. AI collapsed the cost of producing the content SEO depends on and moved answers into chatbots before anyone clicks. Paid search costs more each year for a fixed pool of queries. Social platforms have stopped paying out in external traffic.

What replaces them runs on trust rather than reach: founders and employees posting as themselves, creators who stake their own reputation on you, communities where users answer each other, and a product good enough to be the brand. All of them converge on word of mouth, which is the strongest signal available and the hardest to manufacture.

Trust decides retention too. Once AI commoditizes speed and cost, "faster than doing it manually" stops defending anything, and customers stay with the products and teams they believe will keep getting better.

What will you learn?
  • 01Why are the classic acquisition channels breaking down at once?
  • 02What does trust-based acquisition look like in practice?
  • 03What does this mean operationally for your GTM team?
02

Trust-based acquisition

This chapter is a collaboration with , one of the sharpest voices in product-led and user-led growth. It was originally published on her newsletter Elena's Growth Scoop.

All of us are fighting a war on three fronts (thanks to AI). Customer product expectations are higher than ever. Distribution channels are collapsing. And everyone, big incumbents, new startups, even your own customers with vibecoding, are coming for your value prop.

How are you supposed to grow in this new landscape? It ain't easy. But there's a new playbook emerging, and it is built around one simple concept: Trust.

The classic distribution systems are falling apart. You may have been hearing this for a while: Andrew Chen pointed out that every marketing channel sucks right now, almost a year ago. But it's getting worse. You're probably starting to see all of your channels get more expensive or less efficient, or both. Unfortunately, I don't see them getting better any time soon.

03

What's not working anymore

SEO and organic search

The obvious thing is that AI slop has reduced the barrier-to-entry for creating the content that SEO depends on. Now anyone can churn out dozens of articles with just a few prompts. But it's deeper than that: SEO is all based on the assumption that people will primarily find information and access the Internet's vast knowledge through Google searches that send them to web pages. That's just not true anymore.

People are going to ChatGPT, Claude, and Perplexity to get answers. And even when they do Google, the AI-generated answers intercept traffic before people ever click a link. And soon? People will use LLMs to navigate to products they already talked to AI about, the same way they use Google as a navigation bar now.

Paid search (SEM)

This is the same thing as SEO, but the economics are more obvious: with the total number of searches not growing, the cost of placing your ads on those searches skyrockets as competition increases. Everyone's bidding on the same keywords, and it's getting harder and harder to maintain a positive ROAS. Plus, you're not just competing with other companies but with AI tools that solve the same problem for $20/month. Good luck with that.

Corporate social

Social platforms are increasingly hostile toward corporate accounts and external links, optimizing for on-platform engagement. You might be able to get attention, but try to convert that into external traffic? No more juice for you. The algo giveth, the algo taketh away. Plus, the creative treadmill required to maintain polished 'brand-aligned' assets is expensive and exhausting. All for posts that still feel like interruption marketing. Which they are.

Paid acquisition cost compounds every year while trust-based acquisition stays nearly flat. Indexed to 2019 = 1x. Illustrative trend, not a forecast.
04

What's working now

Employee-led social

When founders and employees share their thinking, their failures, their roadmap publicly, it demonstrates transparency and accountability. This isn't about posting motivational LinkedIn content (please, make the carousel posts stop). It's about sharing real expertise, examples, and demonstrating the humanity of your company. People buy from people they trust. Faces create that trust in ways corporate accounts never can.

Influencer and creator partnerships

When someone with an existing audience bets their reputation on recommending your product, it transfers trust. The key is finding partners whose audience genuinely matches your ICP and who will actually use and believe in what you've built. Not the ones who'll promote anything for a check.

Community-driven growth

Your users become your distribution channel, but only if you build the infrastructure for it. Your product has to create stories worth sharing. But also give them a place to show their work, staff it so questions actually get answered, and let users teach each other: the best content explaining your product never comes from marketing. And when it works, community creates trust that marketing budgets can't buy: users believe in your product because other people they respect believe in it. Features are easy to copy. Trust isn't.

Product-led brand

Brand used to come from marketing campaigns and logo recognition. Now it comes from product experience. Brand is a product job, now. Every interaction, every feature, every detail either builds or reduces trust. The product itself has to demonstrate that you care about the user's problem and will keep solving it better than anyone else.

You may have noticed that a lot of these channels feed into the same thing: building word of mouth. This isn't a channel you can control, but it's the ultimate trust signal. If someone hears about your product from someone they know, that's priceless.

But it's also super difficult to manufacture. It has to be woven into everything you're doing, how you're building, in your cultural values. And it's not something you can do with a clever viral marketing campaign: that might get people to talk about your ads or your content, but if you want people discussing your product, you need to WOW them. And that comes from product, which is also your retention engine.

05

Trust-based retention

Trust is not only an acquisition problem. The same shift is quietly wrecking retention for traditional SaaS, and for the same reason: the value proposition underneath it has stopped being defensible.

Every company has to answer one question: why you? Why should users start, and keep, using this product? The answer always lands on one of three options. You are cheaper, you are more efficient (faster at solving the problem than the alternatives), or you are more effective (able to produce a better outcome).

Most SaaS companies were built on the first two. In growth workshops with software companies, nine times out of ten the stated "why" is time to value versus the manual approach. That is now a problem. AI is faster than a hard-coded workflow tool, it answers questions better than a knowledge base, it generates content faster than a marketing platform, and it costs the customer about $20 a month. If your primary value proposition is efficiency or cost savings, you are competing with something that beats you on both dimensions and undercuts you on price.

Even landing in the "more effective" category is not safe if the functionality is not used enough.

Effectiveness only protects you in the top right. Everywhere else, the product is either too shallow to defend or too unused to notice when it is replaced.

Add the fact that AI is often better at understanding final intent, and all of the traditional value props weaken at once. Utility-based value is shaky ground. When capabilities get commoditized, users stay with the products they trust.

This is why brand is a product job now, not just a marketing job. The product itself has to demonstrate trustworthiness. You cannot market your way into trust-based retention. Marketing can tell the story, but the product has to be the story, and when those two do not match, customers see straight through it.

That trust is specific: it is confidence that this product and this team will keep delivering better outcomes over time. It rests on the belief that you genuinely care about the problem and will keep iterating on it harder than anyone else. Here is how it gets built.

Trust builderWhat it looks like in practice
Transparent roadmap sharingNot the sanitized public roadmap that commits to nothing. Real visibility into what you are building and why. When customers see you thinking three steps ahead on their actual problems, they believe you will still be valuable as AI capabilities expand.
Responsive iteration on feedbackSpeed matters, but only in the right direction. Are you listening to what customers need and building it, or working through a pre-made roadmap that ignores their reality? Tight feedback loops plus real shipped improvements earn ongoing trust.
Wow moments in the experienceNot looking pretty. Showing through the product that you understand how people actually work: the delightful details, the thoughtful interactions, the features that anticipate needs. These create an emotional connection beyond utility.
Thoughtful lifecycle commsEvery email, update and push notification either builds trust or spends it. Are your updates creating value, or just bombarding people?
Monetization aligned with outcomesGetting paid only when the customer succeeds is a retention moat, not just a pricing strategy. It removes the pressure to justify spend and avoids sleeping bears: customers who pay, never use the product, and wake up just in time to churn.
06

Trust is the main lever behind growth

Acquire through trust. Retain through trust. These aren't separate strategies: they're the same system playing out at different moments in the user journey.

Honestly, there aren't that many products I actually trust. For me it's Lovable, Miro, Wispr, Spotify, Granola, Oura, Stripe, Tesla, Netflix, Arc, Superhuman, Substack, and ChatGPT, among a few others. They've never let me down. I found each one through referrals. They continuously evolve and solve my problems. I enjoy using them. I'm rooting for them to succeed. Which ones do you trust? And why?

The three fronts from the intro, and the single lever underneath all of them.
07

What this means operationally

  • Build this into your org structure and values. Product, marketing, and customer success can't operate in silos. Trust-building requires everyone running in the same direction, and your founders and executives need to be visible in public channels and keep it real.
  • Close the loop between teams. Your product team needs to talk directly to customers and ship on what they hear. Fast. Your customer success team needs the access to influence product direction. If these teams only talk in quarterly planning meetings, you're already behind.
  • Optimize for velocity. Trust-based growth requires speed: both in how fast you ship and how fast you respond. Tighten the feedback loop between customer input and shipped features, and minimize cross-functional dependencies so teams can move without waiting for approval chains.
  • Ship daily if you can. Micro-releases trigger something traditional marketing can't: they make the product feel alive. Users signed up for version X but they keep getting version X+. It feels like a free upgrade, and it builds trust and loyalty without you having to ask.
  • Learn to build in public. Share your work as you go: a steady rhythm of progress, ideas, wins (and fails!), over time. The product becomes the story. The shipping cadence becomes the engagement strategy.
  • Let the builders do the talking. This can't be run by your corporate account. People don't want the company POV. They want your CEO, your engineers, your designers, the people who actually made the thing. That's what makes it feel real instead of manufactured.
  • Accept less polish. It's scary, because you're giving up control. But when you're moving fast you don't have time for Apple-style keynotes anyway, and less polished is more effective. A glossy ad elevates the brand away from the people watching it. You want connection, not hype.

The companies that figure out trust-based growth will have a significant and lasting advantage. Trust is harder to build than features. It's harder to replicate than efficiency. It compounds over time in ways that performance marketing never could.

AI will keep commoditizing product capabilities, which is why trust is becoming the moat that actually matters. The question isn't whether to adopt this approach. The question is how quickly you can make the shift before your traditional channels and value propositions collapse completely.

And trust me: they're collapsing faster than you think.

If trust is the foundation, user referrals are where it gets tested first. Next: whether your product, users, and timing are actually ready for it.

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Next · Ch 03 · User Referrals
User referrals only work if you earn them first
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Kyle Poyar & Akash Bajwa
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Previous · Ch 01 · Foundations
Every referral program is a different machine
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