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Shopping Cart Abandonment Problem

Date post: 05-Dec-2014
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Description:
Revealing the gap between an Engaging e-commerce store customer and his barriers/reasons to finalize the transaction.
1
Revealing The Story What makes the buyers to put off the Transactions? Site Performance When the buyer finds out additional hidden taxes and other price components he may put-off the Transaction Unexpected Total Prices Average Online Conversion rate is 2.13% What, Why & How of Cart Abandonment Problem Average Value Of An Online Order is $116.58 Average Shopping Cart Abandonment rate is 65.23% Why People Abandon Their Carts? 44% High Shipping Cost 11% Site Performance 24% Just Looking 11% Long Checkout Process 41% Store Comparisions Unexpected Total Price 8% loading.. $12,000 Designed By Galaxy Weblinks
Transcript
Page 1: Shopping Cart Abandonment Problem

Revealing The StoryWhat makes the buyers to put off the Transactions?

Site Performance

When the buyer finds out additional hidden taxes andother price components he may put-off the Transaction

Unexpected Total Prices

Average OnlineConversion rateis 2.13%

What, Why & How of Cart Abandonment Problem

Average Value Of An Online Order is

$116.58

Average Shopping CartAbandonment rate is 65.23%

Why People Abandon Their Carts?

44% HighShipping Cost

11% SitePerformance

24% Just Looking

11% Long CheckoutProcess

41% StoreComparisions

Unexpected Total Price

8%

loading.. $12,000

Designed By Galaxy Weblinks

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