The majority of people in today’s economy have window shopped online at one time or another. Whether for price comparison or something specific, they can’t find it locally. But, have you ever placed items in your cart and then left, and did that over and over again – and never go back to purchase the item?
This is a common problem with E-commerce websites all over the world. Many systems will hold the product for a specific time frame, others won’t, and if they are sold out when you come back, you are out of luck. When you refresh that page, the price will refresh, as will the availability. It is said by 10 various companies that shopping cart abandonment can range from 50% -73%…That is a huge percentage of customers leaving their goods behind. Why?
The reason behind it? They want to save it for later, so they don’t have to search the site when they come back – if they come back. But I am guilty of this practice as well. Who wants to go through and find the product when you’ve already done all of the research? It is easy just to add it to the cart and come back when it is convenient. Either way, this can affect statistics and stock management for companies that have that option.
For anyone who has ordered concert tickets and wants to get the perfect seat, you are given a timer because they only hold tickets for a very limited time, normally under 10 minutes or less.
If you start seeing that a lot of people have been abandoning their carts go through your site with an outside perspective to see what the issue could be. You don’t want your site to have an issue that you are unaware of for too long.
