When a user adds an item to his\/her shopping cart but leaves in between without completing the purchase, it is known as Shopping Cart Abandonment.<\/p>\n
Cart Abandonment Reasons<\/strong><\/h2>\nBelow are some of the primary reasons for cart abandonment as per Baymard Institute.<\/p>\n
High Shipping Cost<\/p>\n
Mandatory Sign-up<\/p>\n
Lengthy and Complicated Checkout<\/p>\n
Internal Website errors<\/p>\n
Security Issues<\/p>\n
Late Delivery<\/p>\n
Unsatisfactory Return Policy<\/p>\n
Not enough payment options<\/p><\/blockquote>\n![\"cart](\"https:\/\/www.knowband.com\/blog\/wp-content\/uploads\/2019\/05\/Baymard-Institute-stats.jpg\")
<\/a>Image Source: Baymard Institute<\/a><\/figcaption><\/figure>\nCart Abandonment Statistics<\/strong><\/h2>\nBaymard Institute collected the cart abandonment stats of various eCommerce websites and found the average cart abandonment rate to be nearly 70%, i.e. every 7 out of 10 shoppers abandon their cart for some reason.<\/p>\n
Statista<\/a> also confirms the same. And as per the stats shared by Barilliance<\/a>, abandoned carts are majorly seen in mobile devices.<\/p>\nHow to Reduce Shopping Cart Abandonment?<\/strong><\/h2>\nHow irking it would be to see hundreds or thousands of visitors on the checkout page but leaving without buying anything. Being a website owner, it feels bad to lose out on those prospects.<\/p>\n
But hey! It happens with every online business and like everyone, you should also look for some ways to minimize abandoned carts. After knowing the reasons behind shopping cart abandonment, let\u2019s check out how you can reduce the cart abandonment rate on your eCommerce website.<\/p>\n
1. Provide a Clear Vision of the Overall\u00a0 Cost<\/h3>\n
People usually do not expect the cart value to exceed very higher on the payment page. But sometimes, the additional charges like shipping cost, delivery charges, tax charges, hidden costs and surcharges create a huge difference between the product value and the cart value. Make sure to avoid this.<\/p>\n
Be transparent about the overall costs. Display it upfront at the time of purchase. By doing so, at least you do not surprise your customers later and are giving them a clear idea of the total price beforehand.<\/p>\n
Or you can simply offer free shipping. This is one of the best ways to reduce shopping cart abandonment. To adjust the shipping cost, you can slightly increase the product price.<\/p>\n
Related:\u00a0Free Shipping Strategies: Why to Offer? How to Offer? When to Offer?<\/a><\/p>\n2. Build Trust through Security Badges<\/h3>\n
Another solution for reducing cart abandonment is displaying security badges.<\/p>\n
Online shoppers are highly concerned about sharing their card details. With online frauds rising rapidly in the Internet world, it is not easy for consumers to put their trust into an online business, especially if it is the one with whom they are interacting for the first time.<\/p>\n
Consumers have a fear of losing their hard-earned money. Hence, it is important to make customers feel secure about their payment-related stuff.<\/p>\n
What is the solution?<\/p>\n
Add security logos to your checkout page. Something like Norton Secured, McAffe secure can boost the confidence inside customers and reduce the cart abandonment possibility. Besides, consider making your website SSL certified if it isn\u2019t. By adding an SSL certificate to your domain, your site looks authoritative.<\/p>\n
3. Take help of Exit Pop-ups<\/h3>\n
Exit pop-ups are probably one of the best ways to recover abandoned carts. What\u2019s exciting about them is that they provide you with an opportunity to convert a visitor into customer right when they are about to leave your website.<\/p>\n
Through exit popups, you can draw visitors’ attention towards your offerings at the very last moment and encourage them to use it on their purchase. The appearance of an exit popup when the user is trying to exit, leaving the cart abandoned, can bring a significant change in your cart abandonment rate.<\/p>\n
This last-minute try can boost your conversions if your offers are convincing. Want to implement the exit popup functionality on your website? Try out the Exit Intent Popup by Knowband which is available for various eCommerce platforms-<\/p>\n
PrestaShop Exit Popup<\/a><\/p>\nOpenCart Exit Popup<\/a><\/p>\nMagento Exit Popup<\/a><\/p>\nMagento 2 Exit Popup<\/a><\/p>\n4. Add Guest Checkout and Social Login<\/h3>\n
Forcing customers to create an account at the checkout page is one of the major reasons for cart abandonment. I seriously do not understand the point of adding this hurdle in between a successful checkout.<\/p>\n
I do understand that you want to acquire the customer data but asking for it by breaking the checkout flow is not the ideal way.<\/p>\n
So what should you do?<\/p>\n
Offer a Guest Checkout as well as Social login. By having these two options on your checkout page, not only you will reduce the cart abandonment rate but also enhance the user experience.<\/p>\n
Let users check out as a guest if they are not comfortable signing up. Social login, on the other hand, encourages quick signup.<\/p>\n
Related: 10 Benefits of Social Login in eCommerce<\/a><\/p>\n5. Simple and User-Friendly Checkout<\/h3>\n
A lengthy and complicated checkout is one of the primary reasons for shopping cart abandonment. When a shopper is on the checkout page, he wants to check out as quickly as possible. The longer you make your customers wait, higher will be the chances of cart abandonment.<\/p>\n
Keep the checkout form short, simple and clean. Avoid filling it with unnecessary elements. Ask for the necessary information only. To make the checkout experience of your visitors smoother, you can go for a One Page Checkout. A one page checkout places all the checkout fields on a single page and lets customers checkout comfortably. Try out Knowband\u2019s One Page Checkout-<\/p>\n
PrestaShop One Page Checkout<\/a><\/p>\nOpenCart One Page Checkout<\/a><\/p>\nMagento One Page Checkout<\/a><\/p>\nMagento 2 One Page Checkout<\/a><\/p>\nRelated: One Page Checkout vs Multi-Page Checkout<\/a><\/p>\n6. Display Checkout Progress<\/h3>\n
It can be frustrating for consumers to be at the checkout page but with no endpoint in sight. They keep filling the information and keep moving to the next pages only to find out that it is a very long and time-consuming process. This eventually leads to customers abandoning their cart.<\/p>\n
Use a progress bar to indicate where the visitor is present. A progress bar displays the overall steps a customer needs to go through to complete their checkout and fills as soon as they move further.<\/p>\n
It\u2019s better to tell your customers beforehand what all will be required to enter before they could take an exit.<\/p>\n
7. Provide Easy Navigation<\/h3>\n
Make it easy for the visitors to navigate around your website. Do not clutter it with clunky designs. The smoother the journey of your visitors, lesser will be the abandoned carts.<\/p>\n
It is still seen in many eCommerce websites that when a user clicks on the back button after filling out a particular page, the entire information is removed and customers are asked to fill their details again. This is annoying for the users.<\/p>\n
Make sure that the buck button is fully functional and does not erase the already entered information.<\/p>\n
8. Chase Abandoned Carts<\/h3>\n
Shoppers abandoned their cart? No issues. Go after them. You might not be able to convert all but at least a few of them will surely convert. And if the cart abandonment rate drops by even a small percentage, it can add a significant amount to your revenue.<\/p>\n
Knowband\u2019s Abandoned Cart Module<\/strong><\/p>\nCheck out the Abandoned Cart module by Knowband. This lets you track your abandoned cart users and helps you recover lost sales. Through this module, you can specify a duration after which the cart is automatically assumed as abandoned, and then you can remind those users through follow-up emails. You can add a coupon code inside your emails and there are a lot more functionalities in this module. Check out<\/p>\n
PrestaShop Abandoned Cart<\/a><\/p>\nOpenCart Abandoned Cart<\/a><\/p>\nMagento Abandoned Cart<\/a><\/p>\nMagento 2 Abandoned Cart<\/a><\/p>\n9. Increase Payment Options<\/h3>\n
You just cannot disappoint your customers with the lack of payment options on the checkout page. And it will be heartbreaking to see a customer abandoning the cart because of the unavailability of the desired payment option or not having enough payment options.<\/p>\n
People have switched to digital wallets, also called as e-wallets. Thus, having only limited payment options like Credit Card and Debit Card would not be enough. The more options you provide to your customers, the more comfortable they would be while making the payment.<\/p>\n
10. Make your Website Mobile-Friendly<\/h3>\n
M-commerce has already surpassed eCommerce. A majority of people are now using their mobile devices to shop online. This makes it necessary to have a mobile-friendly version of your website. If your website looks appealing on the desktop, make sure it looks the same and is responsive on handheld devices as well. Failing to do so can result in a higher bounce rate and higher cart abandonment rate. Optimize your website.<\/p>\n
11. Improve the loading speed of your Web Pages<\/h3>\n
![\"improve-website-loading-speed\"](\"https:\/\/www.knowband.com\/blog\/wp-content\/uploads\/2019\/05\/improve-website-loading-speed.jpg\")
<\/a><\/p>\nIf your web pages, specifically the checkout pages, are taking a lot of time to load, it isn\u2019t a great sign for conversions, it could severely affect your sales. The slow loading in a website frustrates the customers and he\/she ultimately ends up in leaving the cart abandoned.<\/p>\n
So, optimize your checkout page and improve its quality and speed. For faster loading of web pages on mobile devices, you could take the help of Google Accelerated Mobile Pages or simply AMP. Knowband provides AMP module for PrestaShop and OpenCart.<\/p>\n
PrestaShop AMP addon<\/a><\/p>\nOpenCart AMP extension<\/a><\/p>\n
High Shipping Cost<\/p>\n
Mandatory Sign-up<\/p>\n
Lengthy and Complicated Checkout<\/p>\n
Internal Website errors<\/p>\n
Security Issues<\/p>\n
Late Delivery<\/p>\n
Unsatisfactory Return Policy<\/p>\n
Not enough payment options<\/p><\/blockquote>\n Baymard Institute collected the cart abandonment stats of various eCommerce websites and found the average cart abandonment rate to be nearly 70%, i.e. every 7 out of 10 shoppers abandon their cart for some reason.<\/p>\n Statista<\/a> also confirms the same. And as per the stats shared by Barilliance<\/a>, abandoned carts are majorly seen in mobile devices.<\/p>\n How irking it would be to see hundreds or thousands of visitors on the checkout page but leaving without buying anything. Being a website owner, it feels bad to lose out on those prospects.<\/p>\n But hey! It happens with every online business and like everyone, you should also look for some ways to minimize abandoned carts. After knowing the reasons behind shopping cart abandonment, let\u2019s check out how you can reduce the cart abandonment rate on your eCommerce website.<\/p>\n People usually do not expect the cart value to exceed very higher on the payment page. But sometimes, the additional charges like shipping cost, delivery charges, tax charges, hidden costs and surcharges create a huge difference between the product value and the cart value. Make sure to avoid this.<\/p>\n Be transparent about the overall costs. Display it upfront at the time of purchase. By doing so, at least you do not surprise your customers later and are giving them a clear idea of the total price beforehand.<\/p>\n Or you can simply offer free shipping. This is one of the best ways to reduce shopping cart abandonment. To adjust the shipping cost, you can slightly increase the product price.<\/p>\n Related:\u00a0Free Shipping Strategies: Why to Offer? How to Offer? When to Offer?<\/a><\/p>\n Another solution for reducing cart abandonment is displaying security badges.<\/p>\n Online shoppers are highly concerned about sharing their card details. With online frauds rising rapidly in the Internet world, it is not easy for consumers to put their trust into an online business, especially if it is the one with whom they are interacting for the first time.<\/p>\n Consumers have a fear of losing their hard-earned money. Hence, it is important to make customers feel secure about their payment-related stuff.<\/p>\n What is the solution?<\/p>\n Add security logos to your checkout page. Something like Norton Secured, McAffe secure can boost the confidence inside customers and reduce the cart abandonment possibility. Besides, consider making your website SSL certified if it isn\u2019t. By adding an SSL certificate to your domain, your site looks authoritative.<\/p>\n Exit pop-ups are probably one of the best ways to recover abandoned carts. What\u2019s exciting about them is that they provide you with an opportunity to convert a visitor into customer right when they are about to leave your website.<\/p>\n Through exit popups, you can draw visitors’ attention towards your offerings at the very last moment and encourage them to use it on their purchase. The appearance of an exit popup when the user is trying to exit, leaving the cart abandoned, can bring a significant change in your cart abandonment rate.<\/p>\n This last-minute try can boost your conversions if your offers are convincing. Want to implement the exit popup functionality on your website? Try out the Exit Intent Popup by Knowband which is available for various eCommerce platforms-<\/p>\n PrestaShop Exit Popup<\/a><\/p>\n OpenCart Exit Popup<\/a><\/p>\n Magento Exit Popup<\/a><\/p>\n Magento 2 Exit Popup<\/a><\/p>\n Forcing customers to create an account at the checkout page is one of the major reasons for cart abandonment. I seriously do not understand the point of adding this hurdle in between a successful checkout.<\/p>\n I do understand that you want to acquire the customer data but asking for it by breaking the checkout flow is not the ideal way.<\/p>\n So what should you do?<\/p>\n Offer a Guest Checkout as well as Social login. By having these two options on your checkout page, not only you will reduce the cart abandonment rate but also enhance the user experience.<\/p>\n Let users check out as a guest if they are not comfortable signing up. Social login, on the other hand, encourages quick signup.<\/p>\n Related: 10 Benefits of Social Login in eCommerce<\/a><\/p>\n A lengthy and complicated checkout is one of the primary reasons for shopping cart abandonment. When a shopper is on the checkout page, he wants to check out as quickly as possible. The longer you make your customers wait, higher will be the chances of cart abandonment.<\/p>\n Keep the checkout form short, simple and clean. Avoid filling it with unnecessary elements. Ask for the necessary information only. To make the checkout experience of your visitors smoother, you can go for a One Page Checkout. A one page checkout places all the checkout fields on a single page and lets customers checkout comfortably. Try out Knowband\u2019s One Page Checkout-<\/p>\n PrestaShop One Page Checkout<\/a><\/p>\n OpenCart One Page Checkout<\/a><\/p>\n Magento One Page Checkout<\/a><\/p>\n Magento 2 One Page Checkout<\/a><\/p>\n Related: One Page Checkout vs Multi-Page Checkout<\/a><\/p>\n It can be frustrating for consumers to be at the checkout page but with no endpoint in sight. They keep filling the information and keep moving to the next pages only to find out that it is a very long and time-consuming process. This eventually leads to customers abandoning their cart.<\/p>\n Use a progress bar to indicate where the visitor is present. A progress bar displays the overall steps a customer needs to go through to complete their checkout and fills as soon as they move further.<\/p>\n It\u2019s better to tell your customers beforehand what all will be required to enter before they could take an exit.<\/p>\n Make it easy for the visitors to navigate around your website. Do not clutter it with clunky designs. The smoother the journey of your visitors, lesser will be the abandoned carts.<\/p>\n It is still seen in many eCommerce websites that when a user clicks on the back button after filling out a particular page, the entire information is removed and customers are asked to fill their details again. This is annoying for the users.<\/p>\n Make sure that the buck button is fully functional and does not erase the already entered information.<\/p>\n Shoppers abandoned their cart? No issues. Go after them. You might not be able to convert all but at least a few of them will surely convert. And if the cart abandonment rate drops by even a small percentage, it can add a significant amount to your revenue.<\/p>\n Knowband\u2019s Abandoned Cart Module<\/strong><\/p>\n Check out the Abandoned Cart module by Knowband. This lets you track your abandoned cart users and helps you recover lost sales. Through this module, you can specify a duration after which the cart is automatically assumed as abandoned, and then you can remind those users through follow-up emails. You can add a coupon code inside your emails and there are a lot more functionalities in this module. Check out<\/p>\n PrestaShop Abandoned Cart<\/a><\/p>\n OpenCart Abandoned Cart<\/a><\/p>\n Magento Abandoned Cart<\/a><\/p>\n Magento 2 Abandoned Cart<\/a><\/p>\n You just cannot disappoint your customers with the lack of payment options on the checkout page. And it will be heartbreaking to see a customer abandoning the cart because of the unavailability of the desired payment option or not having enough payment options.<\/p>\n People have switched to digital wallets, also called as e-wallets. Thus, having only limited payment options like Credit Card and Debit Card would not be enough. The more options you provide to your customers, the more comfortable they would be while making the payment.<\/p>\n M-commerce has already surpassed eCommerce. A majority of people are now using their mobile devices to shop online. This makes it necessary to have a mobile-friendly version of your website. If your website looks appealing on the desktop, make sure it looks the same and is responsive on handheld devices as well. Failing to do so can result in a higher bounce rate and higher cart abandonment rate. Optimize your website.<\/p>\n If your web pages, specifically the checkout pages, are taking a lot of time to load, it isn\u2019t a great sign for conversions, it could severely affect your sales. The slow loading in a website frustrates the customers and he\/she ultimately ends up in leaving the cart abandoned.<\/p>\n So, optimize your checkout page and improve its quality and speed. For faster loading of web pages on mobile devices, you could take the help of Google Accelerated Mobile Pages or simply AMP. Knowband provides AMP module for PrestaShop and OpenCart.<\/p>\n PrestaShop AMP addon<\/a><\/p>\n OpenCart AMP extension<\/a><\/p>\n<\/a>Cart Abandonment Statistics<\/strong><\/h2>\n
How to Reduce Shopping Cart Abandonment?<\/strong><\/h2>\n
1. Provide a Clear Vision of the Overall\u00a0 Cost<\/h3>\n
2. Build Trust through Security Badges<\/h3>\n
3. Take help of Exit Pop-ups<\/h3>\n
4. Add Guest Checkout and Social Login<\/h3>\n
5. Simple and User-Friendly Checkout<\/h3>\n
6. Display Checkout Progress<\/h3>\n
7. Provide Easy Navigation<\/h3>\n
8. Chase Abandoned Carts<\/h3>\n
9. Increase Payment Options<\/h3>\n
10. Make your Website Mobile-Friendly<\/h3>\n
11. Improve the loading speed of your Web Pages<\/h3>\n
<\/a><\/p>\n