Infographic: Q3 basket abandonment stats
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Cart abandonment rates were highest in the travel sector at 80.3% according to a study of 200 global brands from July to September 2013. The fashion sector had the next highest rate of 69.8% while retail was 72.4% on average. Nearly half of all cart abandonment emails are opened by customers and over a third of those clicks lead to purchases, showing the emails can be an effective way to recover lost sales from abandoned carts.
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This document provides an overview of networking fundamentals, including definitions of common network types like LANs and WANs. It describes network topologies like bus, star, and ring configurations. Communication protocols and hardware like hubs, routers, and firewalls are defined. The roles of gateways and modems in transmitting data are also summarized.
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Infographic: The Perfect Basket Abandonment Email, by SaleCycle
Infographic: The Perfect Basket Abandonment Email, by SaleCycle
Similar to Infographic: Q3 basket abandonment stats
E-commerce in fashion industry
E-commerce in fashion industry
Apparel & accessories sales in US: Apparel has become an online success - Jeffrey Grau, eMarketer.
Fashion emerges as best-performing segment of ecommerce in UK - IMRG Capgemini e-Retail Sales Index.
Southeast Asia startup investments 2013: It’s all about e-commerce, fashion and women: Mobile commerce, online retail, payments, C2C marketplaces, flash sales.
eCommerce Benchmark for the Fashion Industry:
Where does the traffic come from in fashion? - Direct, Paid, Organic, CPS, CPC, Viral/Social, E-mail newsletter; social and viral media play a much bigger role in fashion.
Conversion ratios in fashion retail.
Platform for your e-store – why Magento?: Shopify, SquareSpace, Tictail, Magento; Bonobos, Nike, Christian Louboutin, MyTheresa.
Magento Enterprise Customer Success Story GANT: High performance and visual inspiration, Full screen experience, Custom campaign modules, Look book, Customized checkout, Flexible landing and content pages, Integration with multiple warehouse and ERP systems, Access rights management across multiple sites/stores, Localized payment and shipping methods;
290% increase in conversion rate, 13% increase in traffic, 35% reduction in page load time, 50% decrease in hosting costs.
Why choose Responsive Web Design?: U.S. Mobile Commerce Activities
Divante for fashion: SOLAR Company Case Study: http://divanteltd.com/blog/complex-e-commerce-implementation-fashion-brand/ .
#IBMRetailMcr - Today's Digital Customer, Martin Butler, IBM UK
Martin Butler, Vice President, Retail Industry Leader, IBM UK shares the latest trends with today's digital customers at the IBM Driving the Best in Retail Innovation event - 23rd Sept 2014, The Lowry, Manchester
IBM 2013 improving holiday readiness presentation
This document summarizes a presentation about key online shopping trends and best practices for the 2013 holiday season. It discusses trends from 2012 including earlier and longer promotions, growing mobile commerce especially on tablets, and the continued importance of email marketing. It also notes some challenges like signs of promotional fatigue. The presentation recommends focusing on the mobile experience across all channels, understanding the full customer journey, and leveraging smartphones to enhance the cross-channel experience.
Product brochure global b2 c e-commerce and online payment 2014
The yStats.com publication reports that even as forecasted global growth rates slow from close to +20% in 2014 to around 10% by 2018, B2C E-Commerce worldwide is expected to top a trillion euros by that year.
Digital luxury experience_2013
This document summarizes research from the Altagamma-McKinsey Online Observatory on digital trends in the luxury goods market. Some key findings include:
- Digital interactions now influence over 45% of luxury purchases, with pure online sales doubling in recent years and expected to reach 20 billion euros or 6% of the total luxury market by 2017.
- More than 70% of luxury shoppers own smartphones and about half own tablets, driving greater mobile engagement with brands online and influencing in-store purchases.
- While social media accounts for over half of all online mentions of luxury brands, fewer than one in three luxury shoppers actively post opinions online, and only 3% of posts are negative in sentiment.
Teads Focus on LatAm
This document provides an overview of digital audience behavior and luxury advertising insights for Latin America. It finds that the region spends more time on social media than any other, with over 327 million internet users in 2015. Video advertising is growing in importance, with completion rates averaging 73%. Luxury brands that connect on a personal level through social media and video ads can build deeper relationships with consumers in the region.
Neto State of Ecommerce Report: Retail Year in Review 2017
This year, technology has continued to present both challenges and opportunities for almost every industry, and retail has not been immune. Artificial intelligence, voice recognition, virtual reality and the Internet of Things (IOT) have all had a huge impact on both retailers and consumer behaviour.
Consumer habits and preferences are changing with regards to the way they shop, where they shop, when they shop, and how they pay for things. Shoppers expect a seamless, omni-channel experience that delivers the best value, every time.
And it’s up to retailers to deliver.
Learn how your ecommerce business measures up and how you can tailor your business to the changing needs of consumers.
Siemer & associates e commerce report spring 2013
The document is a report on the eCommerce industry that contains the following key points:
- Section I provides a summary of observations on the eCommerce industry, noting a focus on mobile shopping experiences, omni-channel retailing, and leveraging in-store assets. The global eCommerce market continues to exhibit strong growth potential.
- Section II presents an industry snapshot, highlighting that global eCommerce spending reached $820.5 billion in 2012 and is projected to reach a penetration rate of 9.3% by 2016. Mobile commerce accounts for 12% of revenue currently.
- Section III contains an analysis of changing corporate landscapes in eCommerce, including retailers investing in online initiatives and improving price-
Car decision purchase journey
1) The automotive purchase decision journey is getting shorter, with most consumers deciding within 3 months and spending less time at dealerships.
2) Consumers now use many online sources throughout the purchase process, from 3 months before deciding to purchase through the final month.
3) While the purchase often begins online, most consumers also visit dealerships and OEM websites in their final month before purchasing.
Csi online luxury fashion
1) Online sales of luxury fashion are expected to surge significantly in major markets like the US, UK, and Germany by 2018, growing from 3% to 17% of the total luxury market.
2) Consumer surveys found that while convenient return policies and free shipping were universally important, preferences varied in each market - Americans valued one-stop department store sites, Brits favored multi-brand sites like Net-a-Porter, and Germans expected high service levels.
3) To increase online sales, brands and retailers should focus on offering exclusive products, competitive pricing, and improving the customer experience through reviews, better websites, and tailored offerings for each market.
ADI Consumer Electronics Report 2020
Technology is a conduit for new experiences at any age, income, or level of tech savviness. Each year at the Consumer Electronics Show we get a glimpse into the future, and Adobe is in a unique space to see how consumers are adopting and utilizing this technology in their day to day lives.
Luxury Vertical Insights: UAE
Analysis includes consumer behavior, vertical insights, competition benchmark, cultural insights for luxury segment of Watches & Jewellery, Fashion & Apparel, and Beauty & Perfumes subverticals
SIZzlE - Management Presentation
SIZzlE aims to solve the problem of online apparel shoppers struggling to choose the right size. Its technology would allow shoppers to enter their measurements once on SIZzlE.com and then receive size recommendations on any retailer website integrated with SIZzlE. This could reduce return rates and increase time spent shopping for retailers. For shoppers, it eliminates the hassle of deciphering sizing charts and risking incorrect sizes. If successful, SIZzlE could become a leading platform for online apparel shopping.
Sizzle - Executive Summary - 2012
SIZzlE aims to address the high return rates in online apparel retail by developing technology that allows shoppers to enter their measurements once and receive size recommendations on any website. This would reduce guesswork for customers and costs for retailers. SIZzlE's platform would also let users store purchased items in a shared online closet. If successful, SIZzlE could partner with major retailers, process millions of transactions annually by 2015-2018, and generate over $100 million in revenue from per-transaction fees. However, the online apparel market is large at $26-35 billion currently, and integration may be challenging given prior companies' failures in this space.
E-commerce Landscape 2012
1. The U.S. e-commerce market is large at over $200 billion annually, growing at 9% each year, and still has room to expand as only 9% of retail is online.
2. New e-commerce business models focusing on areas like group buying and flash sales have emerged and gained traction in recent years.
3. While innovation in e-commerce was lagging for over 10 years, the past 1-2 years have seen more disruption from companies adopting new models and targeting different customer segments with innovations in areas like mobile and social commerce.
E-commerce Trends 2013
In 2012 People Spent $1 trillion shopping online!
B2C ecommerce sales grew 21.1% in 2012
This year online sales will reach $1.298 trillion worldwide
Asia-Pacific will make the world's No. 1 market for B2C ecommerce sales in 2013
Omni Channel Business Trend: an Opportunity to Grab Our Customer Business
STAR event was held to give an appreciation for top 50 Samsung's Handphone Retailers across Indonesia. Spire, along with Google and Kadence, was invited to STAR event to share their knowledge and applicable strategy to improve offline handphone retail business. Spire Indonesia Senior Manager, Albertus Edy shared the importance of offline to online (omni-channel) strategy to the retailers.
He said the online retailing has not completely shift the purchase behaviour, since most of the purchase activities are still found in offline retail stores. However, business adaptation to bring multi-channel experiences would be a significant advantage in current competition. Available at anywhere and accessible at anytime are the concept of Omni-channel that is urgently required.
Product Brochure_Fraud in Global B2C E-Commerce and Online Payment 2014
This document provides a summary of a 77-page market report on fraud in global B2C e-commerce and online payments in 2014. The report examines major fraud and security issues, how fraud affects online retail and mobile commerce growth, and fraud prevention tools. It provides data on topics like online shopping concerns, reasons for not shopping online, payment security by country, and mobile fraud risks. The report also profiles major e-commerce fraud detection companies.
Strategy Walmart Industry Lance Kawamoto (1)
The document analyzes the Walmart, travel agency, and publishing industries. It shows that in 2007, discount retail had high growth and high profits while publishing had negative growth and profits and travel agencies had negative growth and profits. The travel agency industry has been in decline since online ticket sales began in 1997. As online ticket distribution continues, the travel agency industry is expected to shrink further. In contrast, computer reservation systems adapted by becoming the airline industry's IT backbone after initially thriving as intermediaries between airlines and travel agencies.
Similar to Infographic: Q3 basket abandonment stats (20)
#IBMRetailMcr - Today's Digital Customer, Martin Butler, IBM UK
#IBMRetailMcr - Today's Digital Customer, Martin Butler, IBM UK
Product brochure global b2 c e-commerce and online payment 2014
Product brochure global b2 c e-commerce and online payment 2014
Neto State of Ecommerce Report: Retail Year in Review 2017
Neto State of Ecommerce Report: Retail Year in Review 2017
Omni Channel Business Trend: an Opportunity to Grab Our Customer Business
Omni Channel Business Trend: an Opportunity to Grab Our Customer Business
Product Brochure_Fraud in Global B2C E-Commerce and Online Payment 2014
Product Brochure_Fraud in Global B2C E-Commerce and Online Payment 2014
Infographic: Q3 basket abandonment stats
- 1. 2013 CART Abandonment Stats Taken from a consolidation of 200 leading global brands (including Sony, Millennium Hotels & Ralph Lauren) here’s 7 big cart abandonment stats from July, August and September 2013 ABANDONMENT RATES BY SECTOR travel TRAVEL : 80.3% fashion FASHION : 69.8% retail ALL SECTORS RETAIL : 72.4% 73.9% Abandonment rate “Travel operators, with higher average order values and longer (and more thoughtful) buying cycles face significantly higher abandonment rates than their peers in other industries. The lure of great labels combined with well optimized website checkouts ensures the abandonment rates in fashion are well below average.” - Dominic Edmunds, SaleCycle President Quarterly Update: Q2 v Q3 Most abandonments Nearly half of all cart happen between 1pm & THU abandonment emails 2pm with Thursday the are opened. most common day. 1PM - 2pm Thursdays 46.1% Q2 2013 Over an eighth of cart Over a third of clicks abandonment emails lead to a purchase back are clicked on site 35.3% 13.3% Q2 2013 Q2 2013 The AOV of purchases from Every single cart basket abandonment abandonment email emails is 19% higher than sent, delivers over $5 typical purchases in revenue. 19.1% $5.64 Q2 2013 Q2 2013 Want a report specific to your industry sector? Contact us at info@salecycle.com and we’ll send you one completely free! VISIT US ONLINE @SaleCycle.com TWEET US