You might be surprised to know that 6 out of 8 users abandon an eCommerce site due to security or complex payment procedures. In fact, Bymard Institute’s study stated that 70.19% is the overall shopping cart abandonment rate. For an e-commerce business, watching its potential customers abandon their cart at the last time is painful. This is especially true with leading CMS stores, like Shopify, where increased Shopify cart abandonment became a bigger concern.
We have seen it firsthand. The increased number of abandoned carts has quietly reduced Shopify merchants’ conversion rates and overall revenue. This has been one of the store owners’ pain points, requiring a practical approach to turn the tide. However, the easier the path seems, the longer it will be.
We encountered similar challenges with our clients, who reached out to us to reduce shopping cart abandonment on Shopify. Find out how we assisted our clients with custom web development solutions and optimized their conversion rate.
Shopify, a premier online store development platform, allows users to easily build and curate an e-commerce site. However, cart abandonment is a significant challenge for all e-commerce sites, including those hosted on Shopify. Users discard their orders when shopping online instead of placing them, which is categorized as cart abandonment, irrespective of the platform.
The reason behind the increasing Shopify cart abandonment ratio revolves around various factors, like:
These factors combined contributed to a higher checkout cart abandonment ratio. But, how to reduce shopping cart abandonment on Shopify? Merchants must understand that addressing these issues can significantly improve user satisfaction, sales, and loyalty.
The average shopping cart abandonment rate typically ranges from 60% to 80%. This means that out of every 10 potential customers who add products to their carts, 6 to 8 of them abandon their shopping cart.
That’s a substantial amount of unrealized revenue a business loses due to increasing Shopify cart abandonment. This ratio can fluctuate based on factors like industry-specificity, region, or even similar store design.
Finding the “how” of shopping cart abandonment on Shopify is quintessential before pursuing further. One of the benefits of Shopify is that it automatically shows you the total ratio of carts discarded. But, what if you want to calculate it on your own by considering the analytics?
A simple cart abandonment rate formula that can aid you further:
Cart Abandonment Rate = (Number of Carts Abandoned/ Carts Curated)* 100
For instance, if 1000 visitors have added products to their shopping cart, and only 400 have made the purchase, the total Shopify cart abandonment is 600. Infusing this into the formula:
Cart Abandonment Rate = (600/ 1000)* 100 = 60%
Cart abandonment is not a new phenomenon. Over the years, businesses dealing with specific products have faced this. Understanding the number behind the increasing checkout cart abandonment is crucial to setting the stage for actionable solutions. Here is a detailed analysis:
We investigate some crucial numbers, but we must also determine “why” users abandon the checkout process. Understanding this helps identify the pain points that deter customers from completing the purchase. Here are some reasons Bymard Institute’s study has advocated, including:
The study stated that around 39% of shoppers abandon their carts due to high costs, like shipping fees or taxes. This highlights why transparency is an essential factor to consider in online shopping.
Over 19% of users have discarded their cart when forced to create a specific account to complete the purchase. This suggests that many shoppers prefer a streamlined experience, and creating a different account hinders checkout.
Due to the slow delivery of products, 21% of shoppers have abandoned their carts. This reflects a growing expectation among users for quick and efficient service.
19% of users faced concerns about their crucial card information security and have not completed their shopping. It showcases the critical need for eCommerce store owners to implement robust security measures.
A complicated checkout process prevents users from purchasing an item, and over 18% of them did the same due to this. This indicates the importance of a user-friendly and intuitive checkout process.
A Shopify-based online store with technical issues can directly impact sales, as evidenced by the 15% of users who abandoned their carts. This highlights the importance of maintaining a reliable and efficient shopping experience.
15% of customers claimed that the return policy was unclear and was the reason behind their cart abandonment. This suggests that clear and customer-friendly return policies can enhance consumer confidence.
10% of customers abandoned their carts due to fewer payment methods. This emphasizes the importance of offering multiple payment methods to cater to different customer preferences.
8% of users’ credit cards were declined, which is a prominent reason behind cart abandonment at checkout. This highlights the need for retailers to provide alternative payment solutions to accommodate customers facing such challenges.
Off-the-shelf Shopify solutions won’t help reduce Shopify cart abandonment based on the above stats. Hence, looking for an experienced team to implement tailored solutions into your business process is wise. They will help you infuse custom web development strategies to improve your conversion rate. Here is a detailed breakdown:
Multi-step checkouts are known friction points, leading to a higher number of shopping cart abandonments. A tailored approach can be applied by your hired team to reduce this friction point and curate a one-page checkout covering shipping, billing, and payment into a single dynamic interface.
You must also focus on creating a smart cart recovery system that helps users remember what they have added to their cart (if they drop it by mistake). This system should work even when a user is logged out.
One primary reason for Shopify cart abandonment is not finding the preferred payment gateway to complete the purchase. Your hired Shopify developers can build a conditional logic that displays payment gateways to users based on their region.
How much does it cost to ship a particular product from one country to another? This is the foremost question users ask, and they leave the site because of the hidden shipping cost calculator. When you hire a custom eCommerce web development company, they will help you build a custom shopping estimator that directly appears on the product and cart pages.
As a custom eCommerce web development company, we created a custom shipping estimator that appears directly on the product and cart pages.
Most companies built a three-time reminder system via email to encourage users to complete their purchases. However, a more effective approach can be built for one of the best eCommerce platforms, Shopify. A meticulously curated behavioral email workflow can leverage custom triggers based on various factors such as cart value, session length, and interaction history.
More than half a dozen traffic comes from mobile devices, and not aligning the site with these devices is an approach that requires further ado. Your hired team can re-engineer the checkout process to be mobile-friendly with clear instructions.
Customization can be elevated by integrating the checkout process with a lightweight Shopify-based progressive web application interface designed specifically for returning users.
You do not want your users to leave unanswered and abandon their carts because they did not receive customer service on time. Hence, you must work with a Shopify development company that can integrate AI chatbots into your Shopify store and provide answers to users in real-time.
Pop-ups and their excessive usage on websites, especially e-commerce ones, are annoying and have become one of the compelling reasons to abandon checkout on Shopify. A custom approach towards this can aid you in improving your conversion rates.
One of our clients in the D2C industry, which sells Home Decor in the USA, experienced a significant increase in cart abandonment on Shopify. The cart abandonment ratio was around 70%, with most drop-offs occurring during the Shopify checkout process or right after the reveal of shipping costs.
Our team of top Shopify developers assessed our client’s online store and formulated a custom strategy to overcome this challenge. As an experienced custom web development company, we have curated custom Shopify solutions focused on reducing checkout friction at every stage, including:
Our Shopify developers did everything to streamline the buying journey by reducing friction at critical touchpoints, which significantly improved cart recovery rates. As a result, this ultimately drives more conversions and revenues for the store.
Here’s a brief on how we reduced abandoned carts on Shopify.
Merit | Before Custom Development | After Implementation | Improvement |
Shopify Cart Abandonment Rate | 70.05% | 50.5% | ↓ 30.2% |
Mobile Checkout | 0.8s | 2.0% | ↑ 133% |
Abandon Cart Recovery Mails | 2.5% conversion | 18% conversion | ↑6.5x |
Our AI-first Shopify team turned a struggling Shopify-based business into a conversion-fueled business, without relying on the installation of bulky third-party apps. The result was a faster, seamless, smarter, and more efficient checkout process.
We followed comprehensive steps and brainstorming sessions covering how to reduce checkout abandonment. Our team approached the problem like a strategist and implemented a precision-focused approach.
We analyze the data to understand where, why, and how users drop the cart by digging deeper into the analytics, heatmaps, and session recordings.
Now that we have the data of our client’s store, we performed a comprehensive funnel mapping to visualize the entire purchase funnel. The insights we got included:
After successfully evaluating funnel mapping, we audited every part to find the friction points of eCommerce shopping cart abandonment. Our findings include:
Once we assessed, evaluated, and identified points increasing cart abandonment on Shopify, we deployed a custom eCommerce web development strategy to aid our client. This includes:
We took time to understand the friction points and created a strategy that covers a user-centric approach and delivers the maximum results as our client envisioned.
Our work didn’t stop at implementing strategies towards reducing Shopify cart abandonment. We further provided continuous support to our D2C client. Our AI-first Shopify experts closely monitor the performance of the online store and implement steps like:
The cost of decreasing the abandoned cart ratio on Shopify depends on your approach. Whether you take a DIY approach or a custom-coded approach, the difference in cost will be evident. Since we followed a full custom-first approach to minimize the checkout page intervention, the table below will cover the cost:
Scope | Estimated Cost Range |
One-page custom checkout | $8,000 – $15,000+ |
Custom shipping estimator | $4,000 – $10,000+ |
Region-specific logic | $1,000 – $6,200+ |
Abandon Cart recovery workflows | $5,000 – $11,500+ |
AI Chatbot Integration | $5,000 – $15,000+ |
If you are expecting a significant 30% reduction in cart abandonment, then you must expect to invest between $20,000 – $35,000, or more, in custom web development services, as per your project.
The increasing number of abandoned carts is a serious challenge to conquer. You do not have to face them alone. That’s where the right development partner makes all the difference. Partnering with a company with hands-on experience becomes a must. CSSChopper can assist you in overcoming this by infusing our years of experience. We engineer solutions tailored to clients’ specific needs.
Whether you deal in D2C, B2B, or B2C, our team’s strategy-first approach resolves the root issues of increasing Shopify cart abandonment. We build experiences that convert better, smarter, and faster. We have delivered various projects that cover cart abandonment-specific needs. Our AI-first team uses modern technologies to deliver impactful custom Shopify solutions.
So, are you Ready for Custom Shopify Development? Let CSSChopper transform your Shopify store into a conversion engine.