
Failure at the last stage of the sales funnel - what could be more offensive? However, such situations happen quite often in online retail. Both large retailers and small shops face them. According to analysts from the Western company SaleCycle, the number of "abandoned baskets" is growing every year.
Even if you have perfectly tuned advertising campaigns for your store, you are present on Google map and Google shopping, customers are satisfied with the service... no one is immune from bad transaction statistics. Why does it happen that customers do not reach the final stage of the checkout process - making a purchase?
There are several possible reasons why customers may abandon shopping carts.
Reasons for abandoned shopping carts
Let's analyse the main demotivators that cause people not to pay for the selected products in order of their influence on the purchase decision.
1. Poor service
If customers believe they have received poor service, or that the sales manager has provided insufficient information or their expectations of service have not been met, they may express their dissatisfaction in their next order by abandoning the basket. This can be a way of expressing their frustration or a form of protest.
2. Unexpected final purchase amount
Customers are quite sensitive to financial issues. This is especially true when the shopping cart suddenly contains amounts other than what the customer expected: a different price for the product, no stated discount, or unexpected additional costs. For example, a significant delivery fee, a fee for transferring funds through a certain bank, or other surprises.
This situation can arise due to incomplete disclosure of the terms of purchase on the website or incorrect price labelling, which leads to at least customer disappointment with the service and at most negative online reviews about your store.
Nothing spoils a customer's mood more than an unexpected surcharge, even if the amount is small. The user may suspect you of tricks and even fraud. Therefore, transparency in finance is the most important starting point in building a long-term relationship with a customer.
3. Customer circumstances
Sometimes customers can simply be in a bad mood, have a fight with their spouse, or have their attention distracted at the moment of completing a purchase: they received a call from work, need to respond to a message immediately, explain their son's homework, etc.
After solving the problem, the person should return to the basket and click the "Pay" button. However, people are prone to distraction and procrastination, especially now, in times of information overload and stress. Re-tuning to the buying process requires mental effort and time, which is always in short supply. Therefore, the likelihood of paying for added products often depends on the level of interest in them.
4. Lack of guarantees
The guarantee of a quick return and exchange of goods after receiving an order is a strong argument for completing the purchase. This is especially important for clothing and footwear stores, where the share of returns is higher than in other stores.
Every commercial website should have return, exchange, and post-warranty service terms and conditions, as well as guarantees for the protection of personal information. Trust in business is expensive, so don't neglect these things.
5. Doubtful payment system
The customer may like everything: the online store, the product, the prices, the manager's service, but all this is meaningless if the website has problems with the protection of confidential user data.
If a bug appears at the moment of payment in the form of an insecure connection to the website or online payment service, or the message "Login is not secure" or "Payment is not secure" pops up, in more than 60% of cases, the customer will refuse the dubious transaction and the transaction will be cancelled.
6. The complexity of the purchase
Up to 25% of customers who have already decided to make a purchase may "fall off" due to a long and complicated "user journey" on your website. A lot of additional questions that a customer needs to enter during the checkout process negatively affects conversions. The best form of checkout is in 2-3 clicks, when the user enters a minimum of data.
For example, a quick checkout by phone number without registration works great for spontaneous purchases. Buying a product that doesn't require a lot of research in a few seconds is the norm today. Take care of this option on your website, in particular.
7. Complicated registration
Create a simple registration form on your website, without a large number of fields for entering personal data. Take care of the automatic input of information, for example, when a user enters a city or region from a list. The easiest way is to add the option to register via a Google account or social media.
Statistics show that the option of logging in through a Google account or social networks significantly reduces the number of suspended sales.
8. Technical problems
Website defects, lack of clear and understandable options in the product search, and tips in the checkout process are problems that can negate the user's first impression of your store and cancel their intention to buy something, even if they have been with you for a long time and you have the lowest prices.
In a dynamic world, no one will wait for more than a minute for a product page to load or for a payment form to finally appear. Buyers will go where it's fast, convenient, and clear.
According to many marketers, the total amount of losses due to slow website performance or technical bugs is many times higher than the cost of upgrading an online store. Therefore, a web resource should work like clockwork. Minimise the number of problems and the percentage of unpaid purchases will decrease.
How to reach out to customers who abandoned their shopping carts
To reduce the number of unfinished orders, we recommend checking whether your business meets the 8 points we mentioned above. If you have any issues, refine and fix them.
You can also use marketing methods, for example, set up an automatic reminder of an abandoned cart. One or two notifications by email or messenger will encourage customers to finalise the transaction and at the same time increase conversions on the website.
In addition, make sure you set up a Google Merchant Account for your store correctly - this is a service that allows sellers to display full information about their stores and products in Google Shopping, Google Maps, and other Google services.
And don't forget to create optimised marketing campaigns aimed at increasing customer loyalty to your online store.
