Ecommerce growth hacking can initially seem daunting, but it’s pretty easy. As long as you know what metrics to track and interpret, you can significantly improve your e-commerce store in almost no time. In this guide, you’ll find nine of the most effective ways to grow your e-commerce store using some of the most powerful e-commerce growth hacking techniques available today.

Nine Ecommerce Hacking Techniques

1)Exclusive Content

Ecommerce is exploding, and according to research from Accenture, e-commerce business growth will reach $4.5 trillion by 2020. That’s a lot of money.

If you’re an entrepreneur or online business owner, you may be wondering how to keep up with the demand as your sales grow at an unprecedented rate.

Below are nine powerful e-commerce growth hacking techniques you can apply today to ensure your store is positioned for continued success.

2) Scarcity Hack (FOMO)

This technique can be controversial, but scarcity is one of the most effective e-commerce growth hacking techniques.

When people are presented with an opportunity to buy something for a limited time, they feel more inclined to act. This is said to be FOMO or fear of missing out.

People have this innate fear that if they don’t buy the product now, it will be gone forever, and they will never get another chance.

3) Ad Extensions

The e-commerce industry is a fast-paced, competitive space. The market’s growth has seen e-commerce grow worldwide by 25% in 2018, with 4 billion users. This means more opportunities for your business to increase its sales and revenue.

By implementing these nine powerful e-commerce growth hacking techniques, you can apply them today to grow your e-commerce business.

 4) Creative Photo Stories

• Focus on your unique value proposition and make sure that it is clear to every customer who interacts with your brand, from the homepage of your website down to the sales page.
• Invest in e-commerce b2b growth by partnering with industry influencers and experts.
• Target international markets where e-commerce growth is rising – China, Brazil, and India.

5) Loyalty Program

A Loyalty Program is an excellent way to incentivize your customers to keep coming back. A loyalty program can be a perfect tool for e-commerce growth hacking, and it can potentially drive up your e-commerce sales growth, industry growth, and worldwide growth.

For example, you can offer discounts for customers who make regular purchases or rewards points for referrals. You can also use rewards points as a currency on your website to exchange goods and services.

6) Piggyback Marketing

One of the easiest ways to grow your e-commerce business is to piggyback on industry growth. For example, if your company sells pet supplies, you could piggyback on the development of other companies in the pet industry. This would allow you to concentrate on your strengths and may help you locate new markets for your items.

An e-commerce b2b growth technique is to offer time-sensitive discounts or coupons that are only available for a short period. As an e-commerce business owner, you can use this technique by offering coupon codes that expire on a specific date, creating urgency with customers who want to ensure they get the best possible deal.

 7) A/B Testing

One way to drive e-commerce sales growth is by using A/B testing. An A/B test is a method of comparing two versions of something to see which one performs better, and it can be done on anything from a website to a marketing campaign. To do an A/B test, you create two versions of your site- the A and B versions. The goal is to figure out which version will result in more sales. For example, suppose you have an eCommerce site that sells widgets. Your website could have an A version showing all kinds of different colors, followed by a B version showing only one color.

8) Influencer Marketing

Another great way to generate sales is by working with influencers. Make sure you work with people in your industry with high follower counts on Twitter, YouTube, and Instagram.

Influencer marketing campaigns can drive e-commerce growth at an expedited rate. If your campaign resonates with their followers and the right amount of people end up purchasing through the influencer’s link, it’ll create a domino effect that can exponentially increase sales.

By targeting critical segments of your audience and developing relationships within your industry, you can dramatically expand exposure for your product or services, which will be invaluable for increasing revenue opportunities.

9) Reminding Customers of Their Wish-list (creatively)

One way to improve your e-commerce sales growth is by reminding customers of their wish list (creatively). Send them emails, texts, or push notifications about products that match their desires. This technique won’t work for all companies, but it’s worth a shot if you have the time.

FAQs

What is the growth of e-commerce?

The growth of e-commerce worldwide is astounding. In the United States, e-commerce represents a whopping $1.2 trillion and is projected to grow to $4 trillion by 2020. The number of online shoppers is more significant in the U.S. has increased to over 300 million and will continue to grow as consumers become more comfortable buying products online.

What is e-commerce growth hacking?

The term e-commerce growth hacking is used to describe several business growth strategies applied to businesses selling goods and services online. Businesses are increasingly using this phrase to describe the various techniques they can use to dominate their niche market and improve their visibility on search engines.

Growth hacking has proven successful with many companies around the world, not just in the U.S.

What is the worldwide e-commerce industry growth rate?

Ecommerce growth worldwide has an average growth rate of 20%. Shopping convenience and ease are primarily responsible for e-commerce’s rise as a platform. Many factors contribute to the growth of e-commerce, such as lower costs, increased availability, and more extensive distribution networks.

Where is e-commerce growing fastest?

In recent years, e-commerce has been growing worldwide. In fact, according to a report by Statista, e-commerce sales in the United States have increased by 13% from 2016 to 2017. The World Economic Forum predicts that global e-commerce sales will grow at an average annual rate of 14% between 2016 and 2021.

Which are the reasons for the growth of e-commerce?

There are many reasons for the growth of e-commerce worldwide. The first reason is that it is a simple and convenient way to shop. Consumers can buy anything from anywhere with a few clicks on their phone, tablet, or computer. And as more people use the internet to make purchases, they spend more time browsing online stores. This has led to an increase in demand for e-commerce businesses.

Conclusion

Marketing your e-commerce business online is a great way to reach the widest audience possible. There are many ways to market your business, including SEO, social media, affiliate marketing, and email marketing. These techniques are all highly effective for driving traffic to your website and boosting sales.