Improving Paid Media Effectiveness
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A recent study by Barilliance of 200 ecommerce websites has discovered some rather interesting trends in the world of cart abandonment best practices. It shows that sending cart abandonment emails very soon after the cart is abandoned is actually more effective than sending it a day later.
It also revealed a big gap between the industry average of an 18% conversion rate for cart abandonment emails, and the best in the industry who achieve 40% conversion. If you could close that gap and join the ranks of the best in the industry you could be converting over double the amount of people who abandon their carts! Just think of the ROI possibilities of investing sufficiently to achieve that conversion rate.
For more insights on cart abandonment emails see the full infographic below:
By Robert Allen
I was the Editor of Smart Insights between 2015-2017. I managed the blog and you will find blog articles on a range of subjects- Marketing Technology trends and latest tech developments are a regular focus, as well as exploring key marketing concepts. You can get in touch with me on Twitter and connect with me on LinkedIn. The new Editor is Carolanne Mangles.
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