Why People Abandon Their eCommerce Carts
The presence of abandoned shopping carts on eCommerce websites is a serious issue. It's important for website developers and owners to address these issues in order to reduce abandonment rates and maximize revenue.
Let's take a look at the most common reasons online shoppers abandon shopping carts.
The Customer's Credit Card Was Declined
The accuracy of the customers’ credit card details is also important for successful transactions. Credit card numbers may be entered incorrectly due to typos or confusion over expiration dates. If the customer’s information does not match what is associated with their account, then the transaction will fail and the cart will be abandoned.
Of course, it's also possible that the customer's card was declined because they reached their credit limit.
Offering multiple payment methods such as PayPal or gift cards provides customers with more flexibility and convenience while also verifying their identity.
Your Checkout Page Confused Them
Shopping cart abandonment is a frequent issue for online retailers due to the difficulty of navigating and completing the checkout page. This can be caused by confusing and difficult checkout pages, leading shoppers to abandon their carts before reaching a successful purchase.
One common issue with checkout pages is poor design or usability. When the checkout page isn't intuitive, customers can easily become confused or frustrated during the process. The checkout flow should be straightforward and logical, giving customers clear directions as they move through each step.
This includes making sure that any necessary information is provided up front, such as shipping and preferred payment method options, so customers do not have to search for it themselves.
In addition to usability issues, long or complicated checkout forms can also cause customers to abandon their carts. Checkout forms should only ask for essential information such as billing, shipping address, payment methods, and contact details. Any other questions should be left out in order to make the process simpler for customers.
They Thought Shipping Costs Were Too Much
Unexpected and high shipping costs can quickly deflate the joy of shopping online, leaving customers feeling disheartened and frustrated as they abandon their carts.
It's no surprise that most customers are not willing to pay for expedited shipping costs, especially when it has become such an expected convenience on the web. The reality is that customers want to feel like they're getting something for free, so offering free shipping or discounted rates can significantly reduce the chance of abandoned carts.
In order to create a more pleasant online shopping experience, businesses must be aware of how much control shoppers feel they have over these types of decisions. Making sure customers know exactly how much they will be paying before entering their payment information is paramount to building trust and loyalty.
They Found the Shipping Options Too Limiting
One of the main reasons behind abandoned shopping carts is limited shipping options. Many consumers are hesitant to purchase products online if they don't have access to a variety of shipping options.
The interesting thing is that this goes both ways. Some customers may feel that First Class mail isn't fast enough, while others are wondering why you're charging for First Class when you could be using a cheaper method.
In order to reduce shopping cart abandonment, retailers should offer a wider range of shipping options for customers. This may include:
- Free Shipping: Offering free shipping or reduced shipping costs on orders above a certain amount can be an effective way of encouraging customers to complete their purchases.
- Express Delivery: Providing express delivery services will help customers receive their orders faster, which in turn could lead to more sales.
- Local Pickup: Allowing customers to pick up their orders at local stores or warehouses can be a great way of providing convenience and better customer service.
They Had Concerns About Security
When it comes to shopping online, customers are particularly concerned about the security of their transactions. It is important for businesses to implement measures that ensure customer information is kept secure.
There are a few ways in which businesses can ensure customer security while minimizing abandoned shopping carts:
- Implement an SSL certificate: An SSL (Secure Sockets Layer) certificate provides encryption between the server and the customer's browser. This helps to protect any personal or financial information that may be entered into a website.
- Offer user accounts: By allowing customers to create user accounts, businesses can save customers’ payment information for future purchases and make checkout much quicker. This also allows for more personalized recommendations and discounts, which may encourage more customers to complete their purchases.
- Ensure PCI DSS Compliance: PCI DSS (Payment Card Industry Data Security Standard) is a set of security standards created by major credit card companies to ensure the secure handling of sensitive information during online transactions. The standards cover various aspects of data security, including the storage, processing, and transmission of payment card data. Compliance with PCI DSS is mandatory for all merchants that accept credit card payments.
- Secure Protected Health Information: Online pharmacies need to ensure the safety of ePHI (electronic protected health information) in order to ensureHIPAA compliance.
They Didn't Want To Create A New User Account
Unfortunately, many eCommerce stores don't provide users with the opportunity to purchase items without creating an account. Required account creation leads to shoppers abandoning their carts in frustration and leaving behind their purchases.
The lack of guest checkout options for an eCommerce store is one of the primary reasons why shoppers abandon their shopping carts and never return. Asking customers to create an account before completing a purchase can be annoying, especially for those who are simply browsing and not necessarily planning on making a purchase. It also interrupts the customer’s checkout experience and flow, which can lead to hesitation, confusion, and abandonment.
They Didn't Like Your Return Policy
Customers may be deterred from completing a purchase if they don't like the return policy of an online store. This isn't always due to any fault of the eCommerce store, but rather a personal preference of the customer.
To address this issue, it is important to make sure that customers understand what your return policy is and how it works. Make your return policies clear and easy to find on your website, as well as prominently display them in the checkout process. Also, emphasize any customer-friendly features such as free returns or coupon code discounts for those who choose not to return an item.
They Were Just Doing Price Research
When it comes to finding the best deals, research is essential. By doing research, shoppers can compare pricing from one online store to the next and look for promo codes or coupon codes. Shopping around can help one find the best deal possible.
This is an abandoned cart issue that's very difficult to avoid, since neither you nor the customer has done anything wrong. They were simply curious about the final price of your product, and they usually go through most of the process in order to see what the total price is, including shipping and taxes.
They Went Looking For A Coupon Code
It should come as no surprise that many shoppers take the time to look for coupon codes or discount codes when making purchases online. This is particularly true when the items being purchased are expensive, such as furniture or electronics.
It's therefore in the best interest of any business owner to make sure that their customers have easy access to these codes. At the same time, why offer them a code if they were going to purchase immediately? It's tough to balance the idea of reducing your price or losing a customer altogether.
They Needed Customer Support That You Didn't Give Them
It is essential for customers to have their questions and concerns addressed as quickly as possible. Customers may put an item in their cart, only to have a concern about it as they're about to check out. If they don't get an immediate answer to this concern, they could close the browser window and never come back.
To prevent this, businesses should strive to give customers the best possible experience with customer interaction. Customers should be able to access these options easily and quickly, so they don't have to wait long for help. You'll need to have knowledgeable staff available to ensure that customer issues are resolved quickly and efficiently.
Your Website Messes Up
Website issues can be a deal-breaker for customers looking to make an online purchase. Customers used to blame their own dial-up connection; today, they're more likely to blame your site.
If your website is slow to load or unresponsive, it will hamper user behavior, resulting in abandoned shopping carts. When customers struggle to make a purchase, they may become frustrated and look elsewhere. Having a fast and responsive website is essential if you want to keep customers from abandoning the cart.
Site speed is one of the most important factors when it comes to online shopping. Long load times are considered unacceptable by modern users and will lead to abandoned carts if not addressed immediately. Optimizing your eCommerce site for speed must be a priority when managing an eCommerce store as it directly affects the customer experience.
Shopping Cart Abandonment Solutions
Understanding the reasons behind shopping cart abandonment is key to addressing the issue. Some of the most common reasons for cart abandonment include unexpected costs, such as shipping fees and taxes, a complicated checkout process, website errors and crashes, comparison shopping, and lack of trust and security concerns.
Abandoned Cart Email Campaigns
Abandoned cart email campaigns can be an effective way to recover lost sales. Some best practices for creating effective abandoned cart emails include:
- Timing and frequency: Send the first abandoned cart email within an hour of the cart being abandoned, and follow up with additional emails over the next few days.
- Subject line and preheader text: Use attention-grabbing subject lines and preheader text that entice customers to open the email.
- Personalization and segmentation: Use customer data to personalize the email and segment your audience to send targeted messages.
- Clear call-to-action: Include a clear call-to-action that directs customers back to their abandoned cart.
- Incentives and offers: Offer customers an incentive, such as a discount or free shipping, to encourage them to complete their purchase.
Personalized Offers and Incentives for Online Shoppers
Personalized cart recovery strategies can help you recover more abandoned carts and retain customers. Some strategies to consider include:
- Product recommendations: Recommend related products or items the customer may be interested in based on their browsing and purchase history.
- Dynamic content and images: Use dynamic content and images in your abandoned cart emails to create a personalized experience for each customer.
- Personalized messaging and tone: Use a tone and messaging that resonates with your audience and aligns with your brand.
- Retargeting based on previous behavior: Use data about previous behavior, such as items viewed or added to the cart, to personalize your retargeting ads and emails.
- Customer loyalty programs: Offer rewards and incentives to customers who make repeat purchases, such as a points system or exclusive discounts.
Multi-Channel Remarketing Tactics
Multi-channel remarketing can help you reach customers across multiple channels and devices. Some tactics to consider include:
- Social media retargeting: Use retargeting ads on social media platforms such as Facebook and Instagram to reach customers who have abandoned their carts.
- Google Ads remarketing: Use retargeting ads on Google Ads to reach customers who have abandoned their carts.
- SMS and push notifications: Send reminders and incentives via SMS and push notifications to encourage customers to complete their purchase.
- Direct mail campaigns: Send personalized mailers to customers who have abandoned their carts to encourage them to return to your website.
- Phone follow-up: Call customers who have abandoned their carts to offer assistance and incentives to complete their purchase.
Simplified Checkout Process
Make the checkout process as easy and straightforward as possible to reduce the likelihood of shopping cart abandonment. While you might want to collect as much data as possible for marketing purposes, asking too much of a person could make them say, "I'll do it later." And then they never do.
The shipping process can also be sped up with real-time integration with an ERP system that always keeps perfect inventory and ensures the customer's cart is up to data.
A/B Testing Abandoned Cart Campaigns
A/B testing can help you determine what abandoned cart campaigns and strategies are most effective for your business. Some elements to test include:
- Testing subject lines and preheader text: Test different subject lines and preheader text to see what resonates with your audience.
- Testing email templates and layouts: Test different email templates and layouts to see what is most effective at driving conversions.
- Testing incentives and offers: Test different incentives and offers