We’ve all heard the statistics: only 3% of visitors will make a purchase in their first visit to an ecommerce store. In other words, 97 out of every 100 people will simply leave without making a purchase. To make matters worse, 70% of people who add an item to their cart will never actually checkout. So you’re losing 7 out of 10 people in the checkout process too.
Business Insider recently released a report that approximately $4 trillion worth of products will be abandoned in online shopping this year with only 63% of that being recoverable.
Today, as a retailer, you’re constantly just a few missed steps from being swept away by your competitors. To stay at the top of your game, you need to frequently make improvements to your merchant processes, from inventory to fulfillment and delivery. One of the central points of a successful modern retail business is the implementation of an omnichannel strategy; here’s what that is and how it will lead you to success.
The holiday season is the main revenue-generating period for many retailers. For Amazon, Q4 accounts for 33.4% of annual sales. The most wonderful time of the year is great for attracting new shoppers and converting browsers with discounts and deals, but what happens when you pack up the tinsel and the trees?
The holidays are great for brand exposure and product discovery, but you need the right tools to convert one-time shoppers before they forget about you. This post will highlight all the top strategies for turning your Q4 buyers into loyal repeat customers in the new year.
Having web visitors fill their carts and then abandon them, or not converting a visit to a sale is stressful. Ideally, these visitors will become customers. However, most will need further encouragement or engagement to take those final steps. One popular solution that works well when implemented properly is Onsite Retargeting.
In this case study, we will show you how an ecommerce store increased their revenue by 25%while using OptiMonk.
We know that during the Holiday season it’s extremely important for every website to take advantage of the increased traffic and boost your sales to end the year on a positive note. That’s why we’re constantly working to create new templates for you to capture the attention of your customers.
Today, I’m happy to announce that sidebar forms are now available for all OptiMonk users!
Popups work. That’s why many websites use popups as part of their marketing strategy. Still, it is one of the most divisive tools for both marketers and users.
The truth is, many digital marketers are afraid of losing visitors by displaying popups. They believe popups always annoy visitors and create a bad user experience. They’re too afraid to even give it a try. They don’t realize that there’s a good way to use popups.
Say hello to Lumira, our brand-new lucky wheel template!
With this new template, you’ll be able to increase your conversion rate and your coupon usage rate as well. Not to mention, you’ll be able to create a memorable website experience with this fun template.