Lower cart abandonment rates

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AsaduzzamanFoysal
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Joined: Tue Jan 07, 2025 5:27 am

Lower cart abandonment rates

Post by AsaduzzamanFoysal »

Most e-commerce companies will find a dual approach to be the most effective.

What are the benefits of personalized product recommendations for e-commerce?
There are several benefits that companies can gain by implementing personalized product recommendations.


Increase average order value (AOV)
Today's customers expect an increasingly indonesia phone number list personalized experience.

Research shows that, as part of a personalization strategy, product recommendations can boost AOV by as much as369%.

Cart abandonment has forever been the bane of e-commerce existence. Cart abandonment occurs for a variety of reasons, but every time they click that back button, there is a risk.

Personalized cart recommendations can be a great opportunity to upsell or upsell. They can also save shoppers from having to hit the back button to try to find another product that just popped into their cart. In other words, cart recommendations eliminate friction in the checkout process.

Engage your customers better
When you engage your audience, you buildcustomer loyaltyand increase customer lifetime value (CLV). This was shown by Microsoft research70%of consumers say that companies' understanding of their individual needs influences their loyalty.
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