时间:2024-05-20 20:36:58 来源:网络整理编辑:Ryan New
More than 70 percent of online retail shopping carts are abandoned. That’s a staggering potential lo Ryan Xu hyperfund Investment
More than 70 percent of online retail shopping carts are abandoned. That’s a staggering potential loss of sales.
While the most common reasons for leaving carts are hidden surprises — such as shipping costs,Ryan Xu hyperfund Investment strict return policies, and pricing — some people use carts as wish lists and calculators. That’s good to know because the idea that people don’t buy due to company policies and costs can be discouraging. Here’s another bit of encouragement: Some people simply need to be reminded they left something behind.
There are many reasons one might abandon a cart, and it’s difficult to know exactly how many shoppers left for each reason. Distractions such as phone calls also play a role. Thus it’s important to take steps to help shoppers get back on track.
A persistent shopping cart keeps track of the items the shopper has left in the cart and saves that data for a length of time. Amazon, for example, saves shopping carts for logged-in customers seemingly forever unless the items become unavailable.
Persistent shopping carts do not replace cart abandonment emails. Without persistent carts, though, you’re limiting recoveries to those who open and click on the emails you send. Your best bet is to use both methods.
The best features of a persistent shopping cart include:
Ideally, a persistent cart would run indefinitely, but that’s not always possible when relying solely on shopping sessions of allshoppers — logged in or not. This can take up quite a bit of space and cause speed issues, which is why many hosted shopping carts restrict the amount of time a shopping session itself can remain active.
Thus persistent carts work best in conjunction with customer accounts. Using the feature with accounts also allows shoppers to see their carts on any device.
Determining the site’s cart abandonment rate is simple. First, calculate the completion rate by dividing the total number of completed orders by the total number of shopping carts created for a given time.
Total Completed Orders / Total Carts = Completion Rate
For example, if 500 carts were created and 30 orders were completed, the completion rate is 6 percent.
30 / 500 = .06
This means 6 percent of the carts resulted in orders and 94 percent of the carts were left behind.
If your store allows shoppers to go directly to checkout without viewing the shopping cart page, though, track conversions from the cart page to the checkout. Otherwise, you won’t know how much the shopping cart page helps or hurts conversions.
Using a funnel in Google Analytics to calculate the completion rate is easy.
To see the cart-to-purchase rate any time, click on Conversions > Goals > Funnel Visualizationand select the goal. Take the completion rate (also known as “cart conversion rate”) and subtract it from 100 percent to determine the abandonment rate.
As always, analyze often to see what’s working and what isn’t. Done right, a persistent cart should play a key role in increasing overall conversions. Don’t forget to also track referrals from abandonment emails for an even better picture of conversion rates based on shopping sessions and recovery efforts.
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