Shopping cart abandonment rates exceed 60% for many Ecommerce retailers. The dreaded abandonment can seem like a dead end, but in actuality it creates untapped potential for online stores to scoop up more profits. A recent Listrak study revealed that only 14.6% of the Top 100 Ecommerce retailers send emails to recover sales from abandoned…
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Why your Customers are Abandoning Your Shopping Cart
Shopping cart abandonment simply refers to customers leaving a shopping cart before they finalize the checkout process. While some shopping cart dropouts simply change their mind or get distracted, many would remain if website owners paid attention to a few basic principles. Shipping – According to Forrester Research, studies show that shipping costs represent the…
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