You've
gotten your customer on your site, and even to the checkout page, but (as you
well know) your efforts don't end at the "Add To Basket" button. If
you want to encourage your website visitors to complete their purchases, you
need to double-check your checkout process.
Any
e-commerce site owner knows the frustration resulting from the abandonment of a
full shopping basket; all online shops suffer from a certain amount of checkout
abandonment. But the most likely causes of a high rate of abandonment are few,
and they're relatively simple to rectify.
Here
are three key areas that can generate improved conversions if you pay attention
to them. I explain what steps to take in each area and why doing so will
improve conversion rates.
1.
Optimize the checkout process
You
don't have to look far to find one of the main reasons for customers'
abandoning their purchase at the checkout: your checkout process.
Making
sure you comply with the following three checkpoints will maximize completion
rates:
- You do not force registration for purchase.
- You offer more than one payment option.
- Your procedure is simple and quick.
Forcing
registration
to your site in order to complete the checkout stage does little more than
cause potential customers to abandon their purchase.
Many
customers will be first-time purchasers, and they may not initially plan on
using your site to purchase again.
Trying
to force the issue will often put such buyers off. So make sure you include a
"Checkout as Guest" as well as a "Register and Checkout"
option.
Offering
a single payment option may be simpler for you, but doing so will put off those
whose preferred payment option is not the one offered.
For
example, if you offer payment via PayPal only, you automatically exclude
potential customers who do not have a PayPal account and have no desire to
create one simply to buy from you. Having the option of PayPal among several other
options is a good thing, however, because it is some people's preferred payment
method.
Of
course, make sure you allow people to use all major debit and credit cards.
Too
lengthy a checkout procedure causes about 10% of people to abandon their shopping at the checkout stage.
Make
it simple for customers by allowing them to enter their delivery and billing
addresses together if they are the same, and never make extraneous questions
mandatory to answer in order to complete the process (for example, "How
did you find our site?").
Also
make sure that completed fields in the forms are retained, customer security
permitting, should a customer forget to check a box or fill in a mandatory
field and be directed away from the checkout. Most customers will not have the
patience to fill in an entire checkout form more than once.
2.
Cut down on hidden charges
Almost
half of those who have abandoned a shopping cart at checkout cite their
unwillingness to pay hidden charges.
Make
sure you are as transparent as possible with all pricing. Most customers expect
being charged a small amount for shipping or delivery at checkout, but
displaying prices on product pages without, say, VAT included (in Europe), can
be misleading.
If
you charge extra for a service that is needed for the product (for example,
fitting a glass curtain pole) either incorporate that charge into the price on
the product page or make it clear on that page what additional amount will be
added at the checkout stage.
Ensure
that your shipping and handling prices are reasonable and transparent.
If
possible, offer standard delivery for free (factor the cost into the product
price, or decide to absorb it in anticipation of increased sales), and offer
the option of quicker delivery at a higher price.
Also,
consider flat rates for each option (standard, next day, named day) rather than
calculating amount, size, or weight of the purchased goods.
3.
Use a lead-recovery service
Using
a lead-recovery service can help you pick up those customers who still abandon
at the checkout stage. If the potential buyer has entered an email address or a
telephone number, he can be contacted to prompt re-entering the site and
completing the purchase.
Email
reminders can be sent a short time after the abandonment occurs, offering a
helpful reminder to customer that they did not complete the checkout. The
reminder can offer an email address or local-rate or free telephone number to
call if the purchase abandonment was the result of an unanswered
question—whether a query about the product or a difficulty with the site.
However,
contact via telephone is the most direct way to pick up sales leads, as it does
not require any action by the customer, and it gives a straightforward way to
find the cause of checkout abandonment. The caller is able to unknot any
uncertainty on the customer's part and answer any queries, so you retain the
sales lead.
By: James Duval
Author's note: This article was written for UK-base lead optimization firm Optilead,
Source: MarketingProfs
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