Shopping Cart Abandonment: Trillions Lost [Video]

Shopping Cart Abandonment: Trillions Lost [Video]

In our October 20th issue of Direct Marketing Update (click here to read), I wrote about shopping cart abandonment.

Here are a few stats:

Consumers get nervous and end a sale while shopping online.

Research has proven that this indecisiveness hurts the e-commerce industry.

  • Online merchants will lose $4.6 trillion worth of revenue in 2016 alone due to shopping cart abandonment.
  • 73% of shoppers will close tabs and end transactions prematurely with products still in their online carts.
  • Checkout issues are still a problem on mobile phones due to a lack of form field optimization. Mobile phones represented 46% of global e-commerce traffic in Q2 of 2016, but only accounted for 27% of sales.

Fight shopping cart abandonment in every way you can.

Check out this video on tips how to avoid this costly mistake!

Need more help to set up a successful website and bring in huge profits? Call me at (310) 212-5727 or email me at craig@cdmginc.com for more information.

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