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There are many misconceptions about what “Growth Hacking” is about – there are job postings using the title Growth Hacker where they just want an SEO specialist or someone to manage a CPC campaign.  In reality, it’s about deeply understanding your customers and orienting your site’s marketing around communicating the key value proposition to the target market.  A/B testing, SEO, SEM, etc are all a means to an end, but the most important thing is to create a way to understand your customers, come up with a hypothesis for improvement, and a way to measure whether the change you made was actually an improvement.

David Cancel put together a great presentation that I think captures this well.  Check it out here.