Updated June 21, 2008
People don't abandon shopping carts without
a good reason. And the phenomenon of the abandoned shopping cart
- this blight upon the Internet retail landscape - is not merely
a wayward hobby or Internet prank or something hackers do in their
down time.
These are real shoppers, potential customers
with products in hand, evaporating before your very eyes.
Statistics indicate that over 60% of online
shoppers abscond before completing an online transaction. Some sites
report a 90% consumer etherization rate after a product has been
selected for purchase.
What's going on? What's giving these people
the shakes? Did Bob the web designer forget to include the "Buy
Now" button?
The fact is, there is no single trigger for
the abandoned shopping cart phenomenon. Rather, there seem to be
several impacted causes - many of them obvious. But even after we
eliminate the obvious, there are other more insidious website factors
and e-commerce influences that can initiate consumer trepidation
or the dreaded shopping cart 'panic reaction'.
Let's start with the obvious. Imagine you
are shopping online and have selected an item. It's in the cart.
But now you need to log in or get a password or fill out interminable
forms or confront required fields for seemingly irrelevant personal
data or you may not even understand what the procedure is and
there are no instructions, help features, or telephone numbers to
get you through the transaction.
Or the item in your cart is an impulse
buy. By the time you get through this maze, you ask yourself if
you really, really need this particular item. Doubt sinks in. You
get shopping cart remorse. Or you smell the toast burning. Or the
coffee buzz begins to wane.
Or you select a product but then there
are these questions, these important, lingering questions you need
answered about product specifications or shipping. There's nothing
in the FAQ, not enough in Features and Benefits. Product's there,
in the cart, but you really need these questions answered, you need
to be reassured, and there is no one to talk to, no communications
interface, no support number, and the customer service email contact
is ten web pages back, somewhere in the About Us section.
Or it's time to submit your credit
card data and you realize that you are on a un-secured, non-SSL
order page. No https, no encryption, no security, certainly no real-time
authorization, and no concern for the safety of your personal data.
Whatever the cause - technical, obstacle,
or communicational - you bolt. You have abandoned the shopping
cart. And as you can see, these all-too-common shopping cart protocols
have instantly become barriers between your desire to buy,
the actual process of buying, and reaching the past tense
bought.
That's the obvious side of shopping cart
abandonment. The solutions: simplify the protocols, shorten the
forms, eliminate password log-in or make it optional, highlight
customer support numbers, offer clear navigational paths to your
FAQ, Features and Benefits pages, include shipping details, and
use state-of-the-art payment processing with SSL security.
Now let's look at the less obvious
reasons for your customers to take wing:
Sometimes it's the technical components of
the shopping cart itself that turn your customers away. Many of
these widely available "free" shopping carts do not have
the capacity to be customized or fail to provide product attribute
options like color, size, quantity etc. When consumer choice is
restricted, consumers bail. "Free" or "Cheap"
sure sounds nice - until you find out that your customers think
your shopping cart ain't the cat's meow. Then they vote with their
feet.
Additionally, a low quality shopping cart
- or a poorly designed catalog interface - will undermine your online
credibility instantly, even if your homepage looks professional.
And that's the main problem with these newer
stopgap payment processing solutions, where you basically send your
customer off-site and off-world to some generic shopping cart or
order page. These solutions look low-tech and that makes them high-risk
for shopping cart abandonment.
More than that, you can't work with design
or attribute options. No logo or company identity. No familiar color
layout or navigation bar. Primitive e-commerce. And to make things
worse, besides scaring most of your customers away, these types
of payment processors will probably take a nice percentage
out of your proceeds.
The point is, if you do e-commerce the right
way, intelligently and seriously, you will radically decrease the
rate of shopping cart abandonment on your site. Full-featured shopping
carts that integrate seamlessly with website design, that simplify
the buying procedure, that function intuitively, that are streamlined
for sales, that signal secure, state-of-the-art e-commerce - all
this will help you close the deal.
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