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How to decrease shopping cart abandonment rates?

TeamBiz Editor

Posted Jul 14, 2009, 12:12pm

A recent study conducted by PayPal in June, found 45% of US online shoppers had abandoned shopping carts multiple times in just three weeks. The average cost of abandoned goods in those shopping carts was $109 and the top reason why on-line buyers abandon their carts is high shipping costs is  (46% of respondents).

Other reasons for abandonment are comparison shop (37%)  while 27% left to search for a coupon,  23% found the item unavailable at checkout and 22% couldn't find customer support.

Do you have an on-line store? What helpful methods have you found to improve customer experience and increase your sales?
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