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The event will begin at 2 PM (EST) sharp. The recording will be emailed to all attendees afterwards. Peter The Growth Drivers of Best-in-Class Ecommerce Companies

Jumpstart Your Momentum

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Page 1: Jumpstart Your Momentum

The event will begin at 2 PM (EST) sharp. The recording will be emailed to all attendees afterwards.

Peter

The Growth Drivers of Best-in-Class Ecommerce

Companies

Janessa Lantz
Bob can speak to this when he starts talking about the research, I don't think it merits its own slide
Page 2: Jumpstart Your Momentum

What you’re going to learn:

1 The 3 things you can’t afford to get wrong (even on day one)

How to identify breakout success in the first 6 months of your business

The 3 drivers that fuel growth at top companies

...and much more!

2

3

Page 3: Jumpstart Your Momentum

15-second commercial: RJMetrics

Our mission is to inspire and empower data-driven people.

RJMetrics CloudBI

Page 4: Jumpstart Your Momentum

What’s new?

Page 5: Jumpstart Your Momentum

Ecommerce as a whole is growing:

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Some companies are growing MUCH faster than the rest:

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The 3 growth drivers

1

2

3

Product/Market Fit

Efficient Acquisition

Customer Retention

Page 8: Jumpstart Your Momentum

GROWTH DRIVER #1: Product/Market Fit

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Indicator #1: revenue

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Indicator #2: new customers

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Indicator #3: number of orders

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Indicator #4: CLV

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SO WHAT DOES THIS ALL

MEAN?

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GROWTH DRIVER #2: Efficient Acquisition

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Best-in-class customer acquisition

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CUSTOMER ACQUISITION IS ALL ABOUT

MOMENTUM

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EITHER CREATE CONVERSATIONSOR CAPITALIZE ON

RELATED ONES

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CONTENT IS A LOT OF EFFORT

WHAT CAN I DO NOW?

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GROWTH DRIVER #3: Retention

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Best-in-class customer retention

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BOOSTING RETENTION IS KEY

BUT REALLY HARD

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BUILD YOUR SITE TO WIN AT RETENTION:

GUIDE PROSPECTS TO LPs THAT MAKE THE BEST

CUSTOMERS

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THE ONE KPI:Customer Lifetime Value

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365-day orders per customer

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Average order value

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A HIGHER AOV HELPS WITH LTVSO HERE ARE SOME

TIPS:

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365-day CLV

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LTV BOTTOM LINE:CUSTOMERS ARE

BETTERTHAN TRANSACTORS

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AOV + retention

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1

2

Track your cohorts!

Make invest-or-kill decisions

2 ways to use CLV

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Cohort analysis

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Marketing ROI

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Why this is so important

Janessa Lantz
new slide
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QUICK POLL:

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