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Monday, May 19, 2014

How does an Ecommerce Tracking Tool prevent shopping cart abandonment?

Catastrophic is the situation when potential customers visit a store and leave the store without buying anything. Provided this scene continues to exist for any time longer, the storeowners will surely end up closing their online venture. So, it is their prerogative to stop it soon, so that they don’t run the risk of missing out on a potential honeypot of new and repeat customers! Solution is at their hand, which they can use for their store simply by adding as a plugin!

Known as ecommerce tracking tool, this keeps store administrators informed of all cart updates, enabling them to take proactive and predictive decisions. Install this tool to track the latest cart subtotal as well as products left in the cart. Being able to visualize cart updates automatically and at click-away service, site administrators can take note of visitors’ carts on weekly or daily basis.


Pity on stores suffering from cart abandonment

How does an ecommerce add-on like ecommerce tracking tool benefit a store?
This ecommerce tool can work hand-in-hand with Google Ecommerce Tracker and will process reports on all transactions, product SKU, visitor overview, best product names, best product categories, etc. When a store administrator gets reports on all of them automatically and finds them at their fingertips, they will definitely be on an advantage.

Measuring ecommerce store progress on the basis of metrics gives the store administrators a definite edge. Metrics on ecommerce orders, total revenue, average order value, ecommerce conversion rate, purchased products, visits with abandoned cart, and revenue left in cart are particularly valuable. When these metrics are in their knowledge, taking decisive steps to prevent cart abandonment will be easier for the site administrators.

Taking cues from the metrics, store administrators can re-manoeuvre their marketing strategy accordingly. If they see, visitors visit a product page, explore it but leave it when it comes to paying for it. What does this customer behaviour suggest? Either the product price is higher or the checkout terms and conditions are unsuitable with their requirements. Compare with competitors’ stores and modify the case with the product accordingly. 

Is tracking ecommerce store activities easy? When such an ecommerce addon is installed to a store, it becomes easy. By adding Addonworks Ecommerce Tracking Tool, the task will definitely be easier, but when combined with the addition of Addonworks Dynamic Dashboard, the task will be much easier and fully error-free. Dynamic Dashboard enables store administrators to dig out all informative ecommerce analytics from the depth of visitors’ behaviours, transactions, etc. Refer this ecommerce tool for more information onto the site of AddonWorks. Storeowners will learn more benefits from their addition to a store. For more information please visit: http://addonworks.com/