6 Growth Hacks for E-commerce Startups | DigiChefs - PowerPoint PPT Presentation

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6 Growth Hacks for E-commerce Startups | DigiChefs

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Title: 6 Growth Hacks for E-commerce Startups | DigiChefs


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  • 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

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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

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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
    thats 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

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  • 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
  • Cant see the total amount to be paid
  • Dont trust the website
  • To read more, visit
  • https//digichefs.com/6-growth-hacks-for-e-commerc
    e-startups/
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