Shopping Cart Recovery
The abandonment of shopping carts is a concern for all businesses. With UK abandonment rates in the region of 50%, the average online business is missing out on sales equivalent to 100% of its current revenue. Abandoned shopping cart recovery allows businesses to recover sales from lost customers.
Shoppers abandon their carts for many reasons - some get
interrupted, and find better deals elsewhere or just aren't ready
to buy. These abandoned shopping carts represent a huge revenue
generating opportunity with online studies showing that it is
possible to recover anywhere
between 0.5% to 25% of lost
sales through effective shopping cart re-engagement.
It is an etailers nightmare when a shopper initiates the
checkout process but leaves before completing their purchase.
However this is not a lost sale.
By capturing data from incomplete checkouts,
SaleCycle provides you with the
information you need such as, name, email address and cart
contents, in order to re-engage with these Lost Customers.
SaleCycle allows you to recover each shopping cart and
target each cart abandonment on a 1-to-1 basis, across multiple
cycles and campaigns in real-time.
All online businesses experience an abandonment rate which is higher
than they would like. By using SaleCycle,
to generate successful shopping cart re-engagement, you will be
able to target these lost
sales and recover missed
revenue opportunities through real time response.
If you'd like to find out more about cart recovery and the services
that SaleCycle has to offer, or if you would like
to generate additional sales for your business through shopping cart recovery, then
get in touch.