Do You Hate Unexpected Fees?

60% of Online Shoppers Abandon Their Carts Because of Unexpected Extra Costs

Source
Baymard Institute

Year
2019

These extra costs include shipping, tax, and other fees.

To avoid shoppers abandoning their carts, make visitors aware of any extra costs up front before they enter checkout.

You can also offer free shipping on orders above a specific value to reduce cart abandonment and increase average order value.

According to HubSpot, 24% of shoppers are ready to spend more to qualify for free shipping, so this is a great way to increase the average order value.

Whenever a visitor adds an item to their cart, track the basket value and trigger a campaign in the first step of your cart if the order value isn’t high enough to prompt free shipping.

Then, to encourage visitors to buy more, add product recommendations in your campaign with an “add to cart” call-to-action.

Takeaway: Identify the reasons people abandon your checkout and address those reasons in an exit-intent campaign, or in an abandoned cart email (see next statistic about this).

More 2019 Stats

17% of salespeople did not attend college

44% of Companies use A/B or Split Testing Software

Average Online Shopping Cart Abandonment Rate is 74%

24% of salespeople reported that they majored in business in college

Apple Pay Orders have a 1.8% Transaction Share on B2C Websites Accepting Apple Pay at Checkout

Younger People Spend More Time Shopping Online than Older People

22% of Online Retailers Still Don’t have a Mobile-Friendly Website

Companies see a 55% Increase in Leads when Increasing their Number of Landing Pages from 10 to 15

Online Stores are Offering an Average of 3 Payment Methods at Checkout Including Digital Wallets

Landing Pages with Multiple Offers get 266% Fewer Leads than Single Offer Pages

More Stats

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