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21 August 2024

Shopping basket cancellation reminder: How to win back lost sales

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Many online retailers are familiar with the phenomenon: visitors place products in their digital shopping cart but leave the shop before completing the order. A targeted shopping basket abandonment reminder helps to win back potential sales and gently pick up lost customers[1]. This targeted nudge often motivates them to complete the purchase after all. The following article explains how you can increase your completion rate with a clever shopping basket abandonment reminder and what you should bear in mind.

Why is shopping basket abandonment so relevant in e-commerce?

Shopping basket abandonment is an omnipresent issue in online retail. Studies show that, on average, only around 30 per cent of all shopping baskets are actually purchased, while the majority are abandoned[5]. There are many reasons for this: technical problems, high shipping costs, lack of payment options or simply distraction mean that customers leave the site without paying[2][5]. Even if the shopping basket sometimes only serves as a watch list, there is considerable sales potential in open orders that many shops leave untapped.

Exemplary situations from practice

In fashion e-commerce, a customer places sneakers and T-shirts in the shopping basket but leaves the site before paying. A friendly email with pictures of the products and a direct link often motivates the customer to return[1]. In the electronics sector, additional product information, customer reviews or exclusive access to test reports are often integrated into the reminder to reduce uncertainty and accompany the purchase[1]. In the food sector, speed is crucial because many products spoil quickly. A reminder directly in the afternoon can provide the decisive impulse to complete the order on the same day[4].

How to create an effective shopping basket cancellation reminder

The success of a shopping basket cancellation reminder depends on several factors. The best time to send is usually between one and 24 hours after the abandonment[4]. A friendly, supportive approach, clear product images and a call-to-action that leads directly to the shopping basket are crucial. Incentives such as a limited-time special offer or an indication of low stock levels also increase the likelihood that the customer will return and buy[4][5].

A multi-stage approach further increases effectiveness. Many retailers combine an email with a web push notification or SMS. This appeals to different user preferences and increases reach[4]. At 47 per cent, the open rates of emails for abandoned shopping baskets are significantly higher than those of traditional marketing messages[7].

Further examples from various industries

In furniture retail, many providers rely on personalised communication and additional product suggestions, such as matching lamps or decorative elements for the sofa[1]. In the book trade, a message reminds readers that they have started the ordering process so that they do not forget their desired titles[4]. Electronics shops often combine reminder messages with technical data, FAQs or videos to support tech-shy customers[1].

BEST PRACTICE with one customer (name hidden due to NDA contract) During a project in the sporting goods sector, it was shown that personalised email reminders increased the conversion rate by 8 percent. The message contained personalised product recommendations, an exclusive discount and a clear click-to-buy button. This strategy was successfully transferred to other product categories and helped the shop to achieve a significant increase in sales[4].

Practical tips for optimising the shopping basket abandonment reminder

An effective message should be as personal and appreciative as possible. Instructions or too much pressure have a deterrent effect. Clients often report that well-designed reminders are perceived as helpful because they make the decision easier[4]. The integration of social proof, such as customer reviews or indications that the product has been purchased frequently, strengthens trust[8].

Automating the process is technically easy to implement. Many email marketing tools offer corresponding functions for dispatch control. Ensure fast and reliable delivery so that the reminder does not arrive too late. Test different variants in terms of approach, timing and content to achieve the best result for your target group.

Three further examples from the industry

A customer in the children's equipment area receives a text message reminder because he has left a cot in his shopping basket. The reference to the imminent product move increases the urgency and leads to the sale. At an online retailer for gardening supplies, the reminder is supplemented with suitable fertiliser and decoration - a cross-selling approach that often falls on fertile ground. In the food segment, a retailer emphasises the freshness of the food and offers a small bonus for a quick return to the order portal.

Legal aspects and acceptance of the shopping basket cancellation reminder

When sending reminder messages, you should observe the data protection regulations. Sending reminders is generally permitted if they are considered part of the existing contractual relationship and do not contain purely promotional content[4]. Transparency and an easy unsubscribe option are essential in order not to jeopardise customer trust. Reminders are often perceived as a service if they are communicated in a careful and supportive manner.

However, too frequent or intrusive contact can have the opposite effect. Therefore, observe the reactions of the recipients and adapt your strategy accordingly. Open communication about the purpose of the message and the option to unsubscribe promotes acceptance.

iROI coaching as your companion during implementation

If you are unsure how to successfully integrate a shopping basket cancellation reminder into your shop, iROI-Coaching will provide you with professional support in the design and implementation. Together, we will analyse your initial situation, develop the right shipping strategy and support you with the technical integration. This ensures that you maximise the potential of lost sales.

BEST PRACTICE with one customer (name hidden due to NDA contract) As part of an intensive support project for an online shop in the home textiles sector, iROI-Coaching designed a multi-stage campaign consisting of email, push notifications and text messages. The reminder was sent in the first twelve hours after cancellation, the approach was personal and included a selection of matching cushions and blankets as an additional suggestion. Conversion increased by six per cent, customer loyalty improved significantly - the demand for a continuation was correspondingly high.

My analysis

The shopping basket abandonment reminder is a key tool for recovering lost sales in e-commerce. It not only helps to finalise orders, but also promotes customer loyalty and offers the opportunity to improve the shop experience through targeted communication[1][4][5]. With good preparation, sensible automation and a clear communication strategy, you can sustainably reduce your cancellation rate and strengthen the relationship with your customers. Therefore, rely on a careful but effective shopping basket abandonment reminder - and recover lost sales in a targeted manner.

Further links from the text above:

Shopping basket abandonment reminder: How to win back lost shoppers [1]

Common reasons for shopping basket cancellations in e-commerce [3]

Abandoned cart email: Reminder for cart abandoners [5]

Practical approaches to the shopping basket cancellation reminder [4]

Shopping basket cancellation mail: 9 tips [8]

For more information and if you have any questions, please contact Contact us or read more blog posts on the topic internet Return on Investment - Marketing here.

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Shopping basket cancellation reminder: How to win back lost sales

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#AbandonedCart #ConversionIncrease #ECommerceTips #Customer loyalty 1TP5Cart cancellation

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