|
|
|
|
|
|
|
|
|
|
|
A common frustration among merchants who sell online via a shopping cart is the percentage of people who abandon their cart and leave the site never to return. This is known as the shopping cart abandonment rate. It is not unheard of for companies to experience as high as a 99% abandonment rate. Getting the abandonment rate under control can go a long way towards increasing the income your company earns from their online venture.
1. Don't make them register until they have to
A common complaint amoung web shoppers is the irritation and invasion of privacy they feel when they have to register for a new account before they can even use the shopping cart. If people have to share their personal information with you before they even know if they want to buy from you, they'll often click away never to return. Whenever possible, get them to register after they know how much something will cost them including shipping. This will help them to feel good about your company and will result in more sales.
2. Make it easy for your prospect to find out how much it will cost them
Many people will use your shopping cart to price out what your product will cost them after shipping. On the web, everyone knows that a tangible product must be shipped. Knowing this, the number one cost people are always reluctant to spend on is the shipping. People want to know what the final price they will pay to get it to their door. If this price is reasonable to them, only then will they go through the trouble of registering for an account.
3. High Shipping Costs
Almost anyone who has purchased a product online has run into a company that was charging a sky high rate for shipping. Do everything you can to keep your shipping costs as low as possible. Shop around for a good rate. Try to include a shipping estimator from the company that will be handling your shipping featured on your website. Make it easy for your customers to find it.
4. Keep the number of steps they need to take at a minimum
Many shopping carts take people through four, five or six steps before they can finalize their purchase. Every extra step you force people to take in your shopping cart system is one more chance they have to abandon the shopping cart. Collect as much information as possible in as few steps as it is reasonable for you to take. This will encourage fewer people to click away.
5. Keep outbound links to a minimum
Don't give your prospects an easy way to exit the shopping cart process. Forcing them to click the back button will at least make it more of an effort for them to click away. People can sometimes have second thoughts that an extra link on your website may encourage. For this reason, keep any links on your order pages to only the most necessary.
Overall, if you treat your prospects with respect, make it easy for them to find the information they need, and streamline your checkout process to make it easy for your prospects to buy from you, you'll succeed at making more money and lowering your shopping cart abandonment rate.
This article was written by Joe Duchesne, president of http://www.yowling.com/, a web hosting company that specializes in helping online business owners increase their website traffic. Copyright 2004 Yowling. Reprint Freely as long as you link back to my website from this resource box.
Wind Chimes and more... While getting less public handwringing than during holiday season, the... Read More What a loaded question! Let's narrow that down a bit... Read More What a great idea! Start accepting credit cards and watch... Read More When most people think of a retirement gift, they think... Read More Online customer service is still one of the most frequently... Read More Business to business e-commerce is on the rise! Worldwide B2B... Read More When it comes to e-commerce, the time-tested cliché is, "Content... Read More Much of my consulting work comprises writing 'Outside Opinion' reports... Read More Greetings!Friends and relitives ask us all the time " How... Read More In this surreal world of the internet, anyone, even you,... Read More The Lowdown on EcommerceEcommerce is truly the most confusing aspect... Read More E-commerce offers customers the chance to eliminate many stages in... Read More ....there's much more to Google than you thought:With the wealth... Read More Some people do not understand the Internet idea of online... Read More Simply put, business plans can make or break your business.... Read More "What's in a name? That which we call a rose... Read More The European market is a multi-billion $ sector which you... Read More With consumers purchasing billions of dollars of merchandise online each... Read More After building and transferring many e-commerce sites it still amazes... Read More Publishing has always been a difficult business to promote successfully,... Read More The Internet brought a great deal of benefits to our... Read More Your stock is tempting, your prices right - your ecommerce... Read More Recently I went looking for an online merchant account, with... Read More The chief criteria for judging an ecommerce shopping cart are... Read More An internet business is by far the best way to... Read More
Windchimes
for great gifts!
The Five Most Commonly Encountered, Off-putting E-commerce Errors
What Does It Take to Make Money Online?
How To Find the Best Merchant Account For Your Business
Retirement Signature Frames ? The Perfect Retirement Gift!
Online Customer Service - The Cornerstone of a Successful Online Business
Why Suppliers Should Use B2B Exchanges
How To Start An Internet Business ? Content, Content, Content
Writing Web Pages: Get To The Meat Faster
Selling From Your Website
One Point Two Billion
The Lowdown On ECommerce: Making All The Pieces Fit Together
Distinguishing Features of E-Commerce
Gooooooooooogle It!
10 Second Internet Person, sound familiar?
The Ecommerce Business Plan
Intranet Project Names - Some Ideas
What You Must Know About Selling Online to Europe
Increasing E-commerce Website Sales
Saving Money On Your E-commerce Site
The House Of Print.Com
Rules for Achieving Online Success
Why Arent People Buying From Your Ecommerce Website?
7 Questions to Ask A Potential Internet Merchant Account Provider
Shopping Carts For The Faint Of Heart
Succeed With Your Own Home Based Business
I have written at length about the need to anticipate... Read More
What is a Stakeholder?Try "define: Stakeholder" in Google and you... Read More
For many businesses, e-commerce represents a tremendous method for generating... Read More
For anyone who has completed research regarding e-commerce, there are... Read More
In 2004, Enquiro.com conducted a study of the search behaviors... Read More
All of the long, grueling nights and an unknown number... Read More
Have you ever had someone who owed your business money... Read More
After building and transferring many e-commerce sites it still amazes... Read More
Greetings!Friends and relitives ask us all the time " How... Read More
The Lowdown on EcommerceEcommerce is truly the most confusing aspect... Read More
According to Internet.com, by the year 2008 nearly 30% of... Read More
The World As It Then WasThe dynamic economic growth of... Read More
E-commerce is gaining pace! Research firm eMarketer predicts that 2003... Read More
An internet business is by far the best way to... Read More
Last time, we started to take a look at the... Read More
Choosing a carefully pinpointed niche market should be one of... Read More
In Part One we talked a little bit about what... Read More
If your business features products or services for sale, undoubtedly... Read More
The concept of linking is that sites with common interests... Read More
When I first got my web site built, I thought... Read More
The days of easy money are overIn these post-dot-com days... Read More
In spite of the increasing attention on how the Internet... Read More
Have you ever asked to have your money refunded after... Read More
Why time spent on your site is importantAll websites regardless... Read More
In this surreal world of the internet, anyone, even you,... Read More
E-commerce |