Cart Abandonment Rate
What is cart abandonment rate?
Cart abandonment rate measures the percentage of users who add items to their shopping cart but leave without completing a purchase.
How does cart abandonment rate work?
It is tracked through ecommerce analytics platforms that monitor cart activity and checkout behavior.
Types of cart abandonment rate:
- Email-triggered abandonment
- On-site retargeting
- Exit intent pop-ups
How to measure cart abandonment rate:
Cart Abandonment Rate = (Carts Created – Completed Purchases) / Carts Created x 100
Why are cart abandonment rate important to marketers?
Reducing cart abandonment can significantly increase conversions and revenue with minimal additional traffic.
Who needs to know about cart abandonment rate:
- CRO specialists
- Digital marketers
- Ecommerce managers
Use cart abandonment rate in a sentence:
Implementing a cart abandonment email sequence helped recover 15% of lost sales.