Uploaded on Oct 20, 2020
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6 Growth Hacks for E-commerce Startups _ DigiChefs
● The term ‘Growth Hack’ is becoming increasingly popular. Anyone
who reads marketing blogs and articles would have come across
this term multiple times
● The simplest definition of a growth hack is: strategies that are
focused on rapid growth
● This article will give you a quick guide to 6 strategies that can be
implemented to boost your E-commerce sales and quickly acquire
new customers, and achieve those revenue targets
#1 – Create Urgency to
Purchase
● Nobody wants to miss out on a good deal
● The fear of missing out has become a commonly used term among
millennial buyers
● You can capitalize on this FOMO by developing interesting content
strategies & offers to increase purchases within a specific period
● Amazon does this really well
#2 – Optimizing the Checkout
Process
● On average 75.6% shopping carts are abandoned online with an
effective cart value of around 5 trillion dollars
● Optimizing the checkout process is an extremely important step
towards improving the conversion rates of your website
● Each online retailer wants to build a website that’s easy to
navigate with an optimized purchase process
● But there are issues beyond comprehension that can lead to bad
user experience and reduce the overall conversion rate
These are the top reasons for cart abandonment:
● Shipping / Delivery Costs are too high
● No guest checkout / Had to create an account
● Long forms during checkout
● Can’t see the total amount to be paid
● Don’t trust the website
To read more, visit:
https://digichefs.com/6-growth-hacks-for-e-commerce-startups/
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