Tips for cart abandonment emails
Cart abandonment is a loss of opportunity and loss of sales for e-commerce businesses. What do you do for abandoned carts? You must, if you are not doing anything. Send me my commission for the added sales you will get, if you start acting on the abandoned carts.
Here are few tips and observations;
- Send email to the cart abandoners.
- Send a series of three or more shopping cart abandonment messages, and see upwards of 60% of recovered revenue coming from the second and third mails.
- Content of the emails;
- Personalize – Include name of the buyer
- Product – show the products in the abandoned cart. Include price of these products.
- Including recommended products in shopping cart abandonment messages will help increase sales and AOV (Average Order Value)
- A call to action – all the mails must have a visible call to action. e.g. 'buy now' 'checkout now and get 5% off', 'take your cart home'
- Right frequency of emails;
- Sending the first message one hour after abandonment has the highest conversion rates, but waiting three to six hours results in higher average order value.
- The second message should be sent within 24 hours of abandonment.
- and the third one should be sent within 72 hours of abandonment.
- Sending the first message one hour after abandonment has the highest conversion rates, but waiting three to six hours results in higher average order value.
- Show urgency;
- inform that the product is running out, that products in cart will be deleted within so many hours, that the offer will expire soon.
- Don't offer any discounts in the first message.
- Offer incremental discounts in the following mails. Remember, these are time bound discounts.
- Last message to inform that the cart will be deleted within such time if no action is taken.
Do write back on to inform me the % increase in sales you got after following these practices. Happy emailing!!
What is Payment Gateway?
Payment Gateway: A payment gateway is a service that approves the payments for Ecommerce Store, Online Retailers and Service contributors. It is the equivalent of a physical point of sale terminal located in most retail outlets. Payment gateways protect credit card details by encrypting sensitive information, such as credit card numbers, to ensure that information is passed securely between the customer and the merchant and also between merchant and the payment processor.
A payment gateway facilitates the transfer of information among a payment portal and the Front End Processor or obtaining bank. When a customer orders a product from a payment gateway-enabled merchant, the payment gateway achieves a variety of tasks to process the transaction such as a customer places order on website by pressing the 'Checkout' or equivalent button, the merchant then forwards the transaction details to their payment gateway.
Business People or Customers can receive the payment from the following methods
- Website
- Mobile
- Automatic IVR System
Benefits of Using Magento Open Source Shopping Cart Software
There are a number of open source e-Commerce solutions such as PrestaShop, VirtueMart, osCommerce, Zen Cart, X-cart and so on. But Magento has become one of the most frequently used open source solutions. This is due to several reasons; firstly it has user friendly interface and enormous usability that can suit all online store owners’ requirements appropriately.
Magento is the most power packed Open Source shopping cart software that is most convenient for both the shop owner as well as customers.
Now come across at the major advantages that Magento has over the other open source software.
- Magento is e-commerce software that offers with numerous options and supports covered one page checkout. The users of Magento can hoard time while making the option of their products by merely using the dropdown menus in Magento. With dropdown menus, a user can usually pick a product alternative, prices alternative, and colors alternative and so on easily from one page itself.
- Magento allows the users to create fair assessment between the products and thereby, select the one that is best appropriate for their needs. Not only this, but all the clientele can also make an evaluation of the products that is bought is from here. A review helps the expectations purchasers to know about a particular product in a appropriate way and hence, guide them in buying the right product.
- Magento also supports various shipping addresses for the online shopper’s convenience within a single transaction. Hence, it is most well-matched way for shopping bringing in good profit to the store owners as they can make available these kinds of unique advantages while making the purchase. This also makes sure that the international clients are satisfied too.
Essential Tips for Online Retailers
If you are an online retailer you no doubt will be aware of the value of marketing your website in the correct way to drive sales and loyalty. However there are several simple ideas that are overlooked when it comes to marketing your business in the minds of your user.
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Focus on Customer Service: By providing a world class customer service you can stand out from your competitors. You can give the ultimate in customer service by understand their needs, wants, desires and of course by always always being friendly.
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Be Customer Focused: It isn’t enough to give the best customer service, you have to have a team which eats, sleeps and breathes an ethos of putting the customer first. The team should never be about profit or time keeping (though someone should be responsible for this) they should always be driven by the customers – after all without customers you have no business.
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In Retail, the key is Detail: Oh, so corny. But you will probably remember it for that reason. What I am trying to say is dot your i’s and cross your t’s. Make sure product details and specifications are correct and upto date, the same with your images and any feeds you have. Detail will enhance your websites rankings naturally (it’s great content), put you above your competitors (better descriptions than them) and ultimately increase revenue (GOAL!!!).
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Establish your Brand and your company Values: Sounds a little odd to mention values, but it really isn’t. Most companies have a natural ethos, some have a mission statement, others just float on by with values in their heads – either way they all have a set way of working and idea of what they want to achieve, these are their values. In E-commerce your first value should be “the customer comes first” then maybe “quality of products” is second etc … make a list of your 10 key values. By clearly defining them you are defining your business and how it operates, this can make you stand out from the crowd.
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Put Quality in everything you do: Make sure everything that you do, your team does and you supply is the best it possibly can be. Do testing on everything your team does and you supply. You and your company should always strive to provide the best service everyday and each & every time your team interacts with a person (your website counts as part of your team).
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Get the best from your team: You should now begin to understand that you need to get the best out of everything, and this could mean lots more training of staff to ensure they give their best. But what else can you do to ensure they always give their best? One of the best ways to incentivise a team is to reward them with a bonus for reaching a target or a commission on each sale. But be careful this kind of thing can lead to pressure sales tactics and this is a big “no no!”.
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Do Not Procrastinate!: Sitting on your hands humming and ahh-ing gives your competitors an advantage because you are not moving forward, you become a spectator sat on the fence. So get down before you give your backside some splinters, make a decision and go with it – if it doesn’t work try another way. What ever you do, the world is moving fast, so don’t stop moving!
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It isn’t quantum physics: Selling things has been happening since the dawn of man, well it started with bartering as we see it today. Anyway to be blunt, people buy an item from you, you are selling it at cost+margin make sure you do the maths and you are making a profit. There is nothing like a business loosing money to bring team spirit down with a bump.
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Get and Use, Facts and Information: Basically this means analyse any data about your site you can get your hands on, and your competitors if you can. Use the information to define and refine the shopping experience for the user. By analysing the information you can diagnose potential problems and fix them before it becomes a problem. You can also see “hotspots” and replicate them to make the most of your site’s real estate.
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Enjoy Yourself!: The journey that is SEO is one that means you have to work hard, but you should also play hard. Take yourself and your team out whenever you can, there is nothing like a few drinks down the local (pub) to get colleagues nattering and increase team spirit and it will help your team to bond and grow together. It also means you will end up with a team that is well rounded and loves their boss, because they respect their staff and treat them well.
Source: www.seoandy.com
Google in talks with retailers for ONE Day delivery service to take on Amazon
In another foray into commerce, Google is working on a delivery service that would let people order items from local stores on the Web and receive them at their homes or offices within a day. The service is in an early testing phase, and it was described by three people briefed on the project who were not authorized to speak about it publicly before it was announced. It is part of a bigger, strategic effort by Google to move beyond its core search business by helping people buy things, not just find them.
Other parts of this strategy include Google Wallet to make payments by cellphone, Google Offers for daily deals, apps that show location-based mobile ads and product search for local stores. The idea behind the new delivery service is that people searching for products online or on their phones could buy something from a retailer beginning with the local branches of nationwide chains, and could then take the next step – delivery – through Google.
Google does not intend to build stores or warehouses or become a retailer itself, two of the people briefed on the delivery service said. Instead, it is talking with potential partners, including retailers and possibly couriers. The service is the latest example of how the biggest tech companies – including Google, Apple and Amazon – are trying to branch out and, in the process, blurring the lines between their businesses.
For example, Apple's iTunes business is formidable, and much of its success in selling phones and tablets, which compete with Google's Android and Chrome devices, comes from its retail stores. And shoppers increasingly search Amazon directly, instead of looking first for products on Google, in part because of Amazon's Prime program, which offers free two-day shipping for a $79 annual fee. Amazon also operates AmazonFresh, a local delivery service focused on groceries, in Seattle.
"Google is arguably at a competitive disadvantage because consumers view Amazon and maybe eBay as guaranteeing overall a higher-quality shopping experience, and retail ads are almost half of Google's business," said Eric Best, chief executive of Mercent, which does online advertising and e-commerce on Google, Amazon and other sites for 400 brands.
Google wants to use mobile phones and the Web to connect shoppers with merchants, both online and offline, and benefit by selling ads to merchants, one of the people briefed on the project said. Eventually, Google hopes, the delivery service would be integrated into Android mobile devices and Google(PLUS), another person said.
If Google decides to move forward with it, the service would start in a few cities, including San Francisco and New York, one person said. It is unclear whether Google would take a cut of the revenue from sales or make money only on merchant ads. Google does not take a portion of payments with the Google Wallet mobile app, but it does earn money from sales of Google Offers.
Source: www.techgig.com
About Smart e-Commerce
Smart e-Commerce is the Blog from Embitel which will provides the latest trends, information, Trends and strategies about e-Retail Solutions, e-Commerce, Social Media Optimization, Blog Marketing, Online Seminars, Search Engine Optimization, Google Rankings and e-Marketing Solutions in India, Germany, UK, Nordic, Australia, Norway, Sweden, Denmark and Finland.

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