Golf BS, an innovative e-commerce platform, fils the gap in the market with second-hand clubs at accessible prices.
As their growth Partner, my responsibility was to find the key factor that was limiting their growth
That way, we found the one metric that mattered and my focus to work:
Our journey began with a stark realization:
Customer acquisition costs were eclipsing customer lifetime value.
Delving deeper, we discovered a neglected metric – the rate of second-time purchases within a set timeframe (90 or a year), which was alarmingly low for us over a year.
This was similar for competitors, as people didn’t change their golf clubs after 5 years of use (or so we thought before talking with customers)
The challenge was to find a way to increase retention and reduce the customer purchase cycle, in order to:
Addressing this metric promised a domino effect, improving several key performance indicators.
Our strategy involved direct conversations with our customers, leading to two pivotal insights:
This led to a new hypothesis:
By offering a hands-on experience to this new segment could potentially double conversion rates.
We embarked on validating this through a Concierge MVP, prioritising speed validated learning over immediate full-scale implementation.
We initiated a unique 'Demo Day' event, inviting a segment of our customers to experience the clubs firsthand, complemented by complimentary golf balls and a social gathering at the bar.
This not only improved overall conversions, but after analysing the results from the first tests, I found a key segment:
Customers trying out more than five clubs were more 3x more likely to make a purchase.
This led to a refined strategy on the experiments, encouraging customers to explore a broader range of clubs, which significantly amplified our results.
The initial Demo Days showed:
This journey with Golf BS underscored several key growth hacking principles:
This case study is just the beginning of Golf BS's growth narrative. For those intrigued by how we scaled our solution, I invite you to reach out for a deeper dive.
Golf BS, an innovative e-commerce platform, fils the gap in the market with second-hand clubs at accessible prices.
As their growth Partner, my responsibility was to find the key factor that was limiting their growth
That way, we found the one metric that mattered and my focus to work: