Coupons Tactics To Decrease Shopping Cart Abandonment Rate

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    Coupons Tactics To Decrease Shopping Cart Abandonment Rate - Presentation Transcript

    1. Coupons & Carts Decreasing Conversion Abandonments via Coupons Web Analytics Wednesday Anna Sebestyen Budapest 2009 Distinct Dialogs Ltd. annasebestyen@gmail.com Friday, October 9, 2009
    2. Cart Abandonment & Coupons Friday, October 9, 2009
    3. Cart Abandonment & Coupons Study (PayPal & comScore) 45% of US online shoppers abandoned carts multiple times in 3 weeks. Friday, October 9, 2009
    4. Cart Abandonment & Coupons Study (PayPal & comScore) 45% of US online shoppers abandoned carts multiple times in 3 weeks. average cost of abandoned goods Friday, October 9, 2009
    5. Cart Abandonment & Coupons Study (PayPal & comScore) 45% of US online shoppers abandoned carts multiple times in 3 weeks. average cost of abandoned goods $109 Friday, October 9, 2009
    6. Cart Abandonment & Coupons Study (PayPal & comScore) 45% of US online shoppers abandoned carts multiple times in 3 weeks. average cost of abandoned goods $109 • 46%: high shipping charges “very important reason” • 37% comparison shop • 36% lack of money • 27% wanted to look for a coupon Friday, October 9, 2009
    7. Coupon Hunting search engines Friday, October 9, 2009
    8. Coupon Hunting social coupon sites Friday, October 9, 2009
    9. Coupon Hunting site search Friday, October 9, 2009
    10. Coupon Hunting site search Friday, October 9, 2009
    11. Coupon Hunting site search Friday, October 9, 2009
    12. Coupon Hunting site search NO MATCHES FOUND FOR COUPONS Friday, October 9, 2009
    13. Coupon Hunting site search NO MATCHES FOUND FOR COUPONS Friday, October 9, 2009
    14. No Coupon, No Sales Enter coupon code* ----------------------------------------------------------------- *quoting Bryan Eisenberg’s story here on Doctor Footcare’s vs. Dell’s conversion rates from Always Be Testing Friday, October 9, 2009
    15. Coupons vs. Banners ----------------------------------------------------------------- ----------------------------------------------------------------- Friday, October 9, 2009
    16. Coupons vs. Banners ----------------------------------------------------------------- • extended life media life ----------------------------------------------------------------- Friday, October 9, 2009
    17. Coupons vs. Banners ----------------------------------------------------------------- • extended life media life • ‘my precious‘ everyone’s click ----------------------------------------------------------------- Friday, October 9, 2009
    18. Coupons vs. Banners ----------------------------------------------------------------- • extended life media life • ‘my precious‘ everyone’s click • feels special feel mass ----------------------------------------------------------------- Friday, October 9, 2009
    19. Coupons vs. Banners ----------------------------------------------------------------- • extended life media life • ‘my precious‘ everyone’s click • feels special feel mass • gift viral link viral ----------------------------------------------------------------- Friday, October 9, 2009
    20. Coupons vs. Banners ----------------------------------------------------------------- • extended life media life • ‘my precious‘ everyone’s click • feels special feel mass • gift viral link viral • crafts intangible link ----------------------------------------------------------------- Friday, October 9, 2009
    21. Coupons vs. Banners ----------------------------------------------------------------- • extended life media life • ‘my precious‘ everyone’s click • feels special feel mass • gift viral link viral • crafts intangible link • brand - in hold in sight ----------------------------------------------------------------- Friday, October 9, 2009
    22. Coupon Future Trends? Coupon Availability Determines the Purchasing Decisions for Nearly a Third of Americans, According to the Second Annual Study of Consumer Coupon Behavior Commissioned by RetailMeNot.com (Harris Interactive)** **"online adults" refers to 2,175 adults ages 18+, 1,880 whom are online shoppers. *Kalman Besenyei - NapiAkciok.hu Friday, October 9, 2009
    23. Coupon Future Trends? • US 77% everyday use of coupons* Coupon Availability Determines the Purchasing Decisions for Nearly a Third of Americans, According to the Second Annual Study of Consumer Coupon Behavior Commissioned by RetailMeNot.com (Harris Interactive)** **"online adults" refers to 2,175 adults ages 18+, 1,880 whom are online shoppers. *Kalman Besenyei - NapiAkciok.hu Friday, October 9, 2009
    24. Coupon Future Trends? • US 77% everyday use of coupons* • 62% search for coupons for online stores Coupon Availability Determines the Purchasing Decisions for Nearly a Third of Americans, According to the Second Annual Study of Consumer Coupon Behavior Commissioned by RetailMeNot.com (Harris Interactive)** **"online adults" refers to 2,175 adults ages 18+, 1,880 whom are online shoppers. *Kalman Besenyei - NapiAkciok.hu Friday, October 9, 2009
    25. Coupon Future Trends? • US 77% everyday use of coupons* • 62% search for coupons for online stores • 12% check coupons before purchase (YoY +50%) Coupon Availability Determines the Purchasing Decisions for Nearly a Third of Americans, According to the Second Annual Study of Consumer Coupon Behavior Commissioned by RetailMeNot.com (Harris Interactive)** **"online adults" refers to 2,175 adults ages 18+, 1,880 whom are online shoppers. *Kalman Besenyei - NapiAkciok.hu Friday, October 9, 2009
    26. Coupon Future Trends? • US 77% everyday use of coupons* • 62% search for coupons for online stores • 12% check coupons before purchase (YoY +50%) • Definitive role in Purchase Decision Coupon Availability Determines the Purchasing Decisions for Nearly a Third of Americans, According to the Second Annual Study of Consumer Coupon Behavior Commissioned by RetailMeNot.com (Harris Interactive)** **"online adults" refers to 2,175 adults ages 18+, 1,880 whom are online shoppers. *Kalman Besenyei - NapiAkciok.hu Friday, October 9, 2009
    27. Coupon Future Trends? • US 77% everyday use of coupons* • 62% search for coupons for online stores • 12% check coupons before purchase (YoY +50%) • Definitive role in Purchase Decision • Budget-conscious Holiday shopping Coupon Availability Determines the Purchasing Decisions for Nearly a Third of Americans, According to the Second Annual Study of Consumer Coupon Behavior Commissioned by RetailMeNot.com (Harris Interactive)** **"online adults" refers to 2,175 adults ages 18+, 1,880 whom are online shoppers. *Kalman Besenyei - NapiAkciok.hu Friday, October 9, 2009
    28. Coupon Marketing HU • Kuponnet.hu (Tamas Ujvari) - 2 coupon vending machines set up in Duna Plaza Mall • NapiAkciok.hu (Kalman Besenyei) • Qpon.hu (Infonity Kft.) • OnlineKupon.hu (Zoltan Hamar - MediaMotion Kft.) Friday, October 9, 2009
    29. Top 10 Tips • New Customers need higher % (15 vs. 10) • Increase average order size by 10% as min • Any Products vs One Product • Coding the Code - Complex vs. Simple • Optimize site for coupon (SiteSearch, Off-search, Social) • Urgency vs. Expiration • Lead generation - Get Coupon & Updates! Send to Friends • Affiliate Coupon Codes • Test Coupon Processes & Creatives • Track - Core track (e.g. JOY), Per Channels (e.g. OUS /AND) Friday, October 9, 2009
    30. ----------------------------------------------------------------- This coupon was only offered to WAW participants. Thank you. ---------------------------- Your coupon code for a free 1 hour* consultancy (coupon code deleted) (and this is not the code) :) * only in Budapest until11/11/2009. Case sensitive code, non- transferable. Any extra hour Anna Sebestyen 15.000HUF+VAT. Fine print not be Distinct Dialogs Ltd. heated in microwave oven. annasebestyen@gmail.com ------------------------------- twitter.com/annasebestyen ----------------------------------------------------------------- Friday, October 9, 2009

    + Anna SebestyenAnna Sebestyen, 1 month ago

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