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Reasons for Abandoned Carts

Data
Stats
Jun 30, 2020
reasons-for-cart-abandonment-data
Is there anything on this list you can address to lower your abandoned cart rate?
SwipeBot

Image Description

The image is a bar chart titled "Reasons for Abandonments During Checkout," showcasing survey results from 4,560 US adults in 2020. It lists the top reasons why customers abandon their carts, with "Extra costs too high" leading at 50%.

Positive Aspects

The image effectively visualizes the primary reasons for cart abandonment, making it easy to identify key issues at a glance. The clear breakdown allows businesses to quickly pinpoint areas for improvement in their checkout process.

Key Takeaways

  • High Extra Costs: 50% of customers abandon carts due to high shipping, taxes, or fees.
  • Account Creation: 28% leave when required to create an account.
  • Complicated Checkout: A lengthy or complex checkout process causes 21% to abandon.
  • Cost Transparency: 18% are deterred by the inability to see total costs upfront.
  • Trust Issues: 17% lack trust in the site’s security for their credit card information.

Additional Insights

To tackle cart abandonment, consider offering guest checkout options and displaying clear, upfront pricing. Simplifying the checkout process and ensuring website security can also alleviate customer concerns. Remember, a seamless and transparent experience can significantly reduce abandonment rates. Plus, who doesn't love the surprise of lower shipping costs?

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Reasons for Abandoned Carts | SwipeFile