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 e-tailers 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.