The phenomenon of abandoned shopping baskets is a common problem. According to various studies, the average abandoned shopping cart rate is between 60% and 80%. This presents an excellent opportunity for marketers to optimize their marketing automation strategies using abandoned shopping cart campaigns to still bring in lost sales. In this article, we'll discuss what an abandoned shopping cart campaign is, how to set it up and share tips for successful execution.
What is an Abandoned Shopping Cart Campaign?
An abandoned shopping cart campaign is an automated marketing strategy that aims to win back customers who have placed products in their online shopping cart, but have not completed the purchase. These campaigns use emails, push messages or text messages'jes to remind customers of the products in the shopping cart, sometimes complemented by a discount code or other incentive to complete the purchase.
"The average conversion rate of a well-designed abandoned shopping cart campaign is between 10% and 20%."
Please note: Sending commercial emails requires an opt-in. This gives the customer explicit permission to receive emails. You can ask for this permission when creating an account, filling out a form or during the placement of a first order.
Why are Abandoned Shopping Cart Campaigns Important?
Emerged Shopping Cart Campaigns are crucial for several reasons:
Increased Conversion:By sending reminders, businesses can recover a significant portion of potential sales that would otherwise be lost.
Improved Customer Relationship:Sending personalized reminders shows that you care about your customers and help them complete their shopping experience.
Increased Customer Loyalty:Customers who see that you are paying attention to their shopping behavior are more likely to return and buy again.