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Coupons Tactics To Decrease Shopping Cart Abandonment Rate

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Coupons & Carts - how to decrease cart abandonment rates (or in general conversion abandonment rates) by means of using online / offline coupons. Test coupons, coupon use processes and 'Enter Coupon Code' boxes. Pre-holiday hot tips to increase your e-commerce revenue. The presentation by Anna Sebestyen was given at the first Web Analytics meetup in Budapest, Hungary (WAW: Web Analytics Wednesday)
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Coupons & Carts Web Analytics Wednesday Budapest 2009 Anna Sebestyen Distinct Dialogs Ltd. [email protected] Decreasing Conversion Abandonments via Coupons Friday, October 9, 2009
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Page 1: Coupons Tactics To Decrease Shopping Cart Abandonment Rate

Coupons & Carts

Web Analytics Wednesday Budapest 2009

Anna SebestyenDistinct Dialogs Ltd.

[email protected]

Decreasing Conversion Abandonmentsvia Coupons

Friday, October 9, 2009

Page 2: Coupons Tactics To Decrease Shopping Cart Abandonment Rate

Cart Abandonment & Coupons

Friday, October 9, 2009

Page 3: Coupons Tactics To Decrease Shopping Cart Abandonment Rate

Cart Abandonment & CouponsStudy (PayPal & comScore) 45% of US online shoppers abandoned carts multiple times in 3 weeks.

Friday, October 9, 2009

Page 4: Coupons Tactics To Decrease Shopping Cart Abandonment Rate

Cart Abandonment & CouponsStudy (PayPal & comScore) 45% of US online shoppers abandoned carts multiple times in 3 weeks.

average cost of abandoned goods

Friday, October 9, 2009

Page 5: Coupons Tactics To Decrease Shopping Cart Abandonment Rate

Cart Abandonment & CouponsStudy (PayPal & comScore) 45% of US online shoppers abandoned carts multiple times in 3 weeks.

average cost of abandoned goods

$109

Friday, October 9, 2009

Page 6: Coupons Tactics To Decrease Shopping Cart Abandonment Rate

Cart Abandonment & Coupons

• 46%: high shipping charges “very important reason”

• 37% comparison shop• 36% lack of money• 27% wanted to look for

a coupon

Study (PayPal & comScore) 45% of US online shoppers abandoned carts multiple times in 3 weeks.

average cost of abandoned goods

$109

Friday, October 9, 2009

Page 7: Coupons Tactics To Decrease Shopping Cart Abandonment Rate

Coupon Huntingsearch engines

Friday, October 9, 2009

Page 8: Coupons Tactics To Decrease Shopping Cart Abandonment Rate

Coupon Huntingsocial coupon sites

Friday, October 9, 2009

Page 9: Coupons Tactics To Decrease Shopping Cart Abandonment Rate

Coupon Huntingsite search

Friday, October 9, 2009

Page 10: Coupons Tactics To Decrease Shopping Cart Abandonment Rate

Coupon Huntingsite search

Friday, October 9, 2009

Page 11: Coupons Tactics To Decrease Shopping Cart Abandonment Rate

Coupon Huntingsite search

Friday, October 9, 2009

Page 12: Coupons Tactics To Decrease Shopping Cart Abandonment Rate

Coupon Huntingsite search

NO MATCHES FOUND

FOR COUPONS

Friday, October 9, 2009

Page 13: Coupons Tactics To Decrease Shopping Cart Abandonment Rate

Coupon Huntingsite search

NO MATCHES FOUND

FOR COUPONS

Friday, October 9, 2009

Page 14: Coupons Tactics To Decrease Shopping Cart Abandonment Rate

No Coupon, No Sales

-----------------------------------------------------------------

Enter coupon code*

*quoting Bryan Eisenberg’s story here on Doctor Footcare’s vs. Dell’s conversion rates from Always Be Testing

Friday, October 9, 2009

Page 15: Coupons Tactics To Decrease Shopping Cart Abandonment Rate

Coupons vs. Banners

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Friday, October 9, 2009

Page 16: Coupons Tactics To Decrease Shopping Cart Abandonment Rate

Coupons vs. Banners

• extended life media life

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Friday, October 9, 2009

Page 17: Coupons Tactics To Decrease Shopping Cart Abandonment Rate

Coupons vs. Banners

• extended life media life

• ‘my precious‘ everyone’s click

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Friday, October 9, 2009

Page 18: Coupons Tactics To Decrease Shopping Cart Abandonment Rate

Coupons vs. Banners

• extended life media life

• ‘my precious‘ everyone’s click

• feels special feel mass

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Friday, October 9, 2009

Page 19: Coupons Tactics To Decrease Shopping Cart Abandonment Rate

Coupons vs. Banners

• extended life media life

• ‘my precious‘ everyone’s click

• feels special feel mass

• gift viral link viral

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Friday, October 9, 2009

Page 20: Coupons Tactics To Decrease Shopping Cart Abandonment Rate

Coupons vs. Banners

• extended life media life

• ‘my precious‘ everyone’s click

• feels special feel mass

• gift viral link viral

• crafts intangible link

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Friday, October 9, 2009

Page 21: Coupons Tactics To Decrease Shopping Cart Abandonment Rate

Coupons vs. Banners

• extended life media life

• ‘my precious‘ everyone’s click

• feels special feel mass

• gift viral link viral

• crafts intangible link

• brand - in hold in sight

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Friday, October 9, 2009

Page 22: Coupons Tactics To Decrease Shopping Cart Abandonment Rate

Coupon Future Trends?

*Kalman Besenyei - NapiAkciok.hu

Coupon Availability Determines the Purchasing Decisions for Nearly a Third of Americans, According to the Second Annual Study of Consumer Coupon Behavior Commissioned by RetailMeNot.com (Harris Interactive)**

**"online adults" refers to 2,175 adults ages 18+, 1,880 whom are online shoppers.

Friday, October 9, 2009

Page 23: Coupons Tactics To Decrease Shopping Cart Abandonment Rate

Coupon Future Trends?

• US 77% everyday use of coupons*

*Kalman Besenyei - NapiAkciok.hu

Coupon Availability Determines the Purchasing Decisions for Nearly a Third of Americans, According to the Second Annual Study of Consumer Coupon Behavior Commissioned by RetailMeNot.com (Harris Interactive)**

**"online adults" refers to 2,175 adults ages 18+, 1,880 whom are online shoppers.

Friday, October 9, 2009

Page 24: Coupons Tactics To Decrease Shopping Cart Abandonment Rate

Coupon Future Trends?

• US 77% everyday use of coupons*

• 62% search for coupons for online stores

*Kalman Besenyei - NapiAkciok.hu

Coupon Availability Determines the Purchasing Decisions for Nearly a Third of Americans, According to the Second Annual Study of Consumer Coupon Behavior Commissioned by RetailMeNot.com (Harris Interactive)**

**"online adults" refers to 2,175 adults ages 18+, 1,880 whom are online shoppers.

Friday, October 9, 2009

Page 25: Coupons Tactics To Decrease Shopping Cart Abandonment Rate

Coupon Future Trends?

• US 77% everyday use of coupons*

• 62% search for coupons for online stores

• 12% check coupons before purchase (YoY +50%)

*Kalman Besenyei - NapiAkciok.hu

Coupon Availability Determines the Purchasing Decisions for Nearly a Third of Americans, According to the Second Annual Study of Consumer Coupon Behavior Commissioned by RetailMeNot.com (Harris Interactive)**

**"online adults" refers to 2,175 adults ages 18+, 1,880 whom are online shoppers.

Friday, October 9, 2009

Page 26: Coupons Tactics To Decrease Shopping Cart Abandonment Rate

Coupon Future Trends?

• US 77% everyday use of coupons*

• 62% search for coupons for online stores

• 12% check coupons before purchase (YoY +50%)

• Definitive role in Purchase Decision

*Kalman Besenyei - NapiAkciok.hu

Coupon Availability Determines the Purchasing Decisions for Nearly a Third of Americans, According to the Second Annual Study of Consumer Coupon Behavior Commissioned by RetailMeNot.com (Harris Interactive)**

**"online adults" refers to 2,175 adults ages 18+, 1,880 whom are online shoppers.

Friday, October 9, 2009

Page 27: Coupons Tactics To Decrease Shopping Cart Abandonment Rate

Coupon Future Trends?

• US 77% everyday use of coupons*

• 62% search for coupons for online stores

• 12% check coupons before purchase (YoY +50%)

• Definitive role in Purchase Decision

• Budget-conscious Holiday shopping

*Kalman Besenyei - NapiAkciok.hu

Coupon Availability Determines the Purchasing Decisions for Nearly a Third of Americans, According to the Second Annual Study of Consumer Coupon Behavior Commissioned by RetailMeNot.com (Harris Interactive)**

**"online adults" refers to 2,175 adults ages 18+, 1,880 whom are online shoppers.

Friday, October 9, 2009

Page 28: Coupons Tactics To Decrease Shopping Cart Abandonment Rate

Coupon Marketing HU

• Kuponnet.hu (Tamas Ujvari) - 2 coupon vending machines set up in Duna Plaza Mall

• NapiAkciok.hu (Kalman Besenyei)

• Qpon.hu (Infonity Kft.)

• OnlineKupon.hu (Zoltan Hamar - MediaMotion Kft.)

Friday, October 9, 2009

Page 29: Coupons Tactics To Decrease Shopping Cart Abandonment Rate

Top 10 Tips• New Customers need higher % (15 vs. 10)

• Increase average order size by 10% as min

• Any Products vs One Product

• Coding the Code - Complex vs. Simple

• Optimize site for coupon (SiteSearch, Off-search, Social)

• Urgency vs. Expiration

• Lead generation - Get Coupon & Updates! Send to Friends

• Affiliate Coupon Codes

• Test Coupon Processes & Creatives

• Track - Core track (e.g. JOY), Per Channels (e.g. OUS /AND)

Friday, October 9, 2009

Page 30: Coupons Tactics To Decrease Shopping Cart Abandonment Rate

Thank you.

Anna SebestyenDistinct Dialogs [email protected]/annasebestyen

----------------------------Your coupon code for a free 1 hour* consultancy (coupon code deleted)(and this is not the code) :)

* only in Budapest until 11/11/2009. Case sensitive code, non-transferable. Any extra hour 15.000HUF+VAT. Fine print not be heated in microwave oven.

-------------------------------

-----------------------------------------------------------------

-----------------------------------------------------------------This coupon was only offered

to WAW participants.

Friday, October 9, 2009


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