Sales are starting to roll in from your ecommerce store but what
about those customers who abandoned their shopping cart.
A recent survey by BizRate.com shows that consumers abandon 30%
of all online shopping carts without making a purchase. Business-to-business
is not much better as shoppers abandon 26% of shopping carts.
So is there an opportunity to catch some of these customers before
they leave without purchasing? By looking at this important aspect
and trying to understand it one can make efforts to boost online
sales.
Abandoned shopping carts happen for all sorts of reasons; from
"surprise" costs which only appear at the checkout,
through to complicated checkout procedures. It's a great shame
to go to the expense of bringing a customer in, only to lose them
at the last hurdle. Here are some suggestions for keeping your
shoppers right through to the end:
Excessive shipping costs - There's no doubt that shipping costs
need to cover packing materials and transportation, but squeezing
extra pounds out of the "handling" charges is annoying
to customers and costs sales. In fact, high shipping costs is
the number 1 reason why consumers abandoned carts.
Since shipping or postage is unavoidable, how do you soften
the blow? It's helpful to offer multiple shipping options to meet
any need for speed. Standard postage might be more agreeable to
a customer than express delivery, and therefore rescue the sale.
Your customer will be grateful just for the choice. Equally, if
you plan to sell low-ticket items (say £5), you might need to
consider whether online is right for you at all; after all, you
can't compete with the high street if shipping constitutes 50%
of your charges.
Information Will Close the Sale - BizRate.com says the second
major reason online shoppers dumped their carts was that they
changed their minds. This could be interpreted as though the site
didn't work hard enough to close the sale. On each of your product
pages, give information that makes the consumer feel so good about
their purchase that going through the checkout process seems well
worth it:
Make sure your ecommerce provider has some talent for adding zing
to your product descriptions. Why not test them by giving them
a brief product description to play with or look at some of their
work to see how they write for other website's.
Make sure the product descriptions answer common questions.
Include customer comments or reviews about products; providing
third-party validation. Otherwise consider linking to third-party
product reviews.
Use high-quality photos - this can really help consumers feel
comfortable about making an online purchase.
Provide and link to associated documents or brochures that the
product manufacturer provides. Or, where possible, link to the
manufacturers website.
Ask for the Credit Card Number Last Giving a credit card number
over the web is still a bit daunting to many consumers. Wait to
ask for credit card numbers until the very end, and make sure
customers can see the total amount they'll be charged (including
all charges for shipping, gift wrap and tax) when they are asked
to enter their card number. Ensure that on the payment page, your
phone number is clearly visible. Most users will not buy from
a company with no contact details, and you will appear all the
more helpful if someone is on hand during working hours to talk
customers through the payment process.
Deliver on Time - Following through with on-time delivery is crucial
to building long-term customers. But according to BizRate.com,
nearly 25% of online sales last holiday season did not arrive
when expected. Since plenty of online purchases are for time-sensitive
dates (birthdays, Christmas etc), that is of course wholly unacceptable.
One solution is to set delivery expectations to allow for a day
of error, so customers will have their expectations met.
Following these general tips will up your chances for better
sales and more chances of a repeat visits. And remember that you
have spent money to get those customers in your store and abandoned
shopping carts are a shocking waste of that time and money. Every
effort to prevent customers from doing this is a step in the right
direction.
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