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Ecommerce businesses lose an estimated $4.6 trillion each year due to cart abandonment — over 3/4 of shoppers leave items in their cart without purchasing. It’s a massive number that impacts the bottom line of every ecommerce store.
Browsing online isn't so different from window shopping at a brick and mortar store. It's common for shoppers to walk by an item several times before stepping into the store to buy or even to get cold feet and leave something at the checkout. The same phenomenon happens in online stores; only it's even easier to bail with items still in your cart.
Recent studies find 98% of consumers don't make a purchase during their initial visit to a site. Customers abandon carts or leave a website for various reasons, from unexpected shipping costs to checkout errors. Whatever the reasons, email is one of the easiest ways for ecommerce brands to address this issue, get those customers back, and recover the revenue from those abandoned carts.
Sending a cart abandonment email sequence is one of the most effective ways to bring visitors back to complete their purchase. In fact, 46.1% of people open cart abandonment emails, and shoppers who click cart abandonment emails spend an average of $36 per click. Emails work because they act as a reminder and encourage customers to finish their purchase.
Here are some tips for setting up and writing cart abandonment emails.
Timing is everything when it comes to cart recovery campaigns. Your first email should be sent within an hour of the cart abandonment to take advantage of the time the item is still top of mind. Emails sent within an hour have an average conversion rate of 4.5%, while emails sent more than 24 hours after cart abandonment convert approximately 2.6%.
Additional follow up emails can be sent 24 — 48 hours later. It's best to space the emails far enough apart to give the customer time to consider the purchase and to avoid bombarding customers with multiple emails over 24 hours. Each email should offer new messaging and increased urgency.
Take a look at the following example to see how you can set up an abandoned cart email campaign with AdRoll.
Remember, you're emailing customers who initially wanted to buy your products and changed their minds at the last stage. Since they're already aware of your brand and your products, you can keep the content short and straightforward. You won't know what caused them to leave, so the message should focus on the product they liked enough to add to their cart. Use a photo and a description to remind the customer how great the product is and why they originally put it in their cart.
No matter how good the message or great the product, nobody will open your email if your subject line doesn't break through the clutter and stand out. Below are some tips on building out a compelling subject line.
Customers have become accustomed to searching for deals or discounts to come back to complete a purchase. While discounts will cut into your profit, they might also build loyalty and increase your total sales amount.
28% of shoppers abandon their cart if they’re faced with unexpected shipping costs. Consider free shipping to incentivize a customer to come back and complete their purchase. Straight discounts off the purchase price are also effective — just make sure customers don’t try to game the system by adding items to their cart just to get the discount.
Another tried-and-true method to get your reader’s attention is to offer product recommendations in your email. This helps draw in reluctant buyers by suggesting similar products that may pique their interest or encourage them to revisit their carts.
The more relevant an email to your customer’s interest, the more likely you will be able to boost your click-through rate. Building emails for shoppers with abandoned carts gives you the advantage of knowing exactly what your target audience already desires.
If your email solution is integrated with an AI powered product recommender, you can easily create a personalized email with product recommendations tailored to an individual shopper’s interest. Otherwise, try segmenting your target audiences based on the products they left in the shopping cart and using A/B testing to optimize the product recommendations each segment receives. By measuring the click-through rate of these tests, you can tailor future recommendations to better fit your customer base.
To put it mildly, email is an excellent defense against high cart abandonment rates. Sending the right email at the right time is the best way to bring shoppers back to your site to complete their purchase. Sometimes, customers aren’t ready to buy, and that's fine — just don’t let them forget about your products. 😉
For more, check out our checklist on how to build an abandoned cart email.
Last updated on June 17th, 2022.