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6 Growth Hacks for E-commerce Startups | DigiChefs

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6 Growth Hacks for E-commerce Startups | DigiChefs

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  1. 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

  2. #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

  3. #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

  4. 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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