Cart Abandonment

Cart Abandonment

There are instances when customers follow your navigation path of buying the product from your website to the end. But, just when they add the product to the cart or the bag, they either abort the purchase or bounce to other platforms in the middle of the process. This instance when customers do follow the process but do not complete the buying process is known as Cart Abandonment.

There are many different reasons why customers abandon the purchase such as price issues, lengthy checkout process, lack of trust, lack of convenient payment options and other such reasons. It is the job of the marketer to ensure that the cart abandonment ratio of the platform is reduced to the minimum.
    • Related Articles

    • Shopping Cart and Checkout

      Just like a cart is used in malls to accumulate products in one place or basket, a shopping cart on e-commerce platforms is a web page where customers can see all the products that they have selected for purchase during their visit to the platform. ...
    • Quick Navigation

      Quick navigation is a way of optimizing the business processes of a digital platform. Navigation is a process that customers have to follow to find their desired product or service and make a purchase from an e-commerce platform. When this process is ...
    • Checkout

      Checkout as the name suggests is the process of making the purchase or completing the buying process of a digital platform. Once a customer is satisfied with the product and its details, they proceed to make the purchase and as soon as they add the ...
    • Faster Checkout

      To enable repeat users or customers to checkout faster, ultra-fast checkout pages or workflows are created by platforms. Also known as the express-checkout process, the idea is to store and use the previous history and information of the user to ...
    • Dynamic Pricing

      Dynamic pricing is a method of pricing where the price of a product or service is not fixed but dependent upon certain variables. Businesses that provide customized products or personalized services often rely on dynamic pricing to charge customers ...

    Live Discussion on Web-to-Pack