Outdoor Power Equipment

September 2014

Proudly serving the industry for which it was named for more than 50 years, Outdoor Power Equipment provides dealers who sell and service outdoor power equipment with valuable information to succeed in a competitive market.

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The fine art of window shopping is alive and well online — shoppers click that magic 'add to cart' button, only to click away before checking out. If you've noted high shopping cart abandonment rates on your website, you're not alone. According to aggregate data from the Baymard Institute 1 , the average shopping cart abandonment rate is 67.91 percent So how do you encourage customers to complete their online purchase? Let's explore why shoppers abandon online carts, so that you can remove those barriers in your mission to increase your online shopping cart conversion rate. ComScore 2 data reveals the top two reasons shoppers abandon their carts are because they aren't quite ready to make a buying decision (see Figure 1 on the opposite page). Conversion Tip 1: Provide robust product details To convert window shoppers to buyers, ensure that your product pages are as detailed as possible, including specs, features, benefits and images. The less off-site research customers have to do, the more likely they will complete the sale. In terms of replacement parts, providing fitment specifications will give a shopper the confidence that the part they have selected is the part they actually need and likely curb shopping cart abandonment. Conversion Tip 2: Create a sense of urgency Who doesn't love a sale? But how you present the savings to your customers can impact the success it has a checkout — if you always offer 15-percent-off online, it doesn't create that sense of urgency many customers need to encourage them to complete their purchase. Create limited-time promotions on specific product categories that are only available for a short period of time each year. Perhaps your Spring Special promotes regular maintenance items, and your Fall Special highlights winterization products. You can go even further and create an acute sense of urgency by offering a flash sale that only lasts for a very limited time, say 12 hours. The key here is to communicate that this offer has a finite end date. Another way to create a sense of urgency is to display available inventory. If you only have a single part in stock, this may incite more immediate action. Six must-dos to increase online shopping cart conversions ■ By HeatHer Blessignton 32 SEPTEMBER 2014 OUTDOOR POWER EQUIPMENT www.outdoorpowerequipment.com Feature story | Website Solutions Online Checkout Checklist Last in a two-part series Image ©Istockphoto.com/greyfeBruary

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