cartrecovery
Cart recovery refers to the process of reclaiming abandoned shopping carts on e-commerce platforms, where users have initiated a purchase but did not complete it. This practice is a key strategy for increasing conversion rates and reducing lost revenue for online retailers. Abandoned carts occur when potential customers add items to their virtual shopping cart but leave the website without finalizing the purchase, often due to distractions, unexpected costs, or hesitation.
The recovery process typically involves sending automated reminders or incentives to customers who have left items
Effective cart recovery relies on understanding the reasons behind abandonment, such as high shipping costs, complex
Studies suggest that abandoned cart recovery can significantly boost sales, with some businesses recovering up to