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Jiffsy

Ukraine, Kyiv city
Market: Other, Artificial Intelligence
Stage of the project: Operating business

Date of last change: 10.08.2022
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Idea

Jiffsy is a no-code frontend platform for e-commerce with AI recommendations to launch an engaging storefront in a few clicks and increase sales by 20%.

Current Status

We've relaunched our product and showed 4x growth in 3 months. We got 4400$ MRR and 16 paying customers from the US and UK.

We have conducted 10+ AB-tests with different stores and proved that we make a 20% positive shift in the conversion rate.

We set up several marketing channels and get 10 demo calls per week.

We've graduated from the best B2B SaaS accelerator in Europe, Startup Wise Guys, and became a finalist at the IT Arena Startup competition.

Problem or Opportunity

The problem of the store owner and marketer is an inability to create speed optimized and engaging storefront for mobile without developers, designers, and expertise. As a result, the conversion rate from mobile is 50% lower than from desktop. However, 75% of all traffic comes from mobile.

Solution (product or service)

We have created a no-code platform for Shopify merchants to create and maintain a fast mobile-first storefront with AI recommendations. The end-user receives an engaging shopping experience and is happy to return again.

Benefits
Save up to 10 000$ for development;
Increased the conversion rate by 20%;
Grow session duration by 50%;
Page-to-page loading speed is less than 0.1 sec which is 10-times faster than regular Shopify themes.

Business model

B2B SaaS with monthly subscriptions based on the store size and features. We offer three packages with ACV 3000$.

Our current CAC is 400$, LTV 2500$+ (we didn't have churn yet). Based on the numbers of other Shopify apps (SixAds, RetargetApp), we predict 3000$ LTV and CAC 550$.

Incubation/Acceleration programs accomplishment

Startup Wise Guys B2B SaaS Milan
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