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Sequoia-Backed Gokwik Helps Neeman's Boost Conversion Rates By 30%

GoKwik and Neeman’s are building an innovative plug-and-play solution for D2C e-commerce businesses and setting an example of how good products backed by cutting edge technology to enhance user experience


 Leading D2C sustainable footwear brand Neeman's has witnessed a 30% jump in its prepaid conversion rates in just a few months of its partnership with e-commerce enabler GoKwik. 


 

Conversion rate is defined as the percentage of visitors to an ecommerce website and completing a desired action. In a nutshell, it is the percentage of users actually buying from a particular site. On an average, the conversion rates for most e-commerce sites is about 3% globally. 

 

Neeman’s entered into a partnership with GoKwik in July last year to use the latter’s technology in improving conversion rates and boosting profitability. 

 

Besides improved conversion rates and bottomline, GoKwik has also helped Neeman’s expand its business into tier 3 and tier 4 cities.  

 

Moreover, using the proprietary AI-ML algorithms, GoKwik has also promoted CoD as a payment method for Neeman's in a risk-free manner. 

 

GoKwik and Neeman’s are building an innovative plug and play solution for D2C e-commerce businesses and setting an example of how good products backed by cutting edge technology to enhance user experience can work wonders for a business.

 

Speaking of the partnership, Chirag Taneja, Founder & CEO, GoKwik, said, “We are incredibly pleased to partner with Neeman’s, an innovative footwear brand that uses natural, renewable, and biodegradable fibre in its shoes. We have seen growth and a jump in sales ever since our partnership. GoKwik is aimed at creating customized, robust, and effective solutions that will act as fuel to smoothen the shopping experience for new and regular online shoppers. We look forward to even higher sales for Neeman’s.”

 

The fundamental idea is to enable best in class conversion rates to go hand in hand with a definite assurance and help Neeman’s broader range of audiences with many successfully becoming loyal customers with GoKwik’s 100% RTO (return to origin) Protection.



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