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Shoemoney - Skills To Pay The Bills

Shoemoney - Skills To Pay The Bills

Link to ShoeMoney Internet Marketing Blog

Easy things to improve your cart abandonment rate

Posted: 16 Jul 2012 08:46 AM PDT

One of the biggest things you have to keep in mind is that you are selling to impatient people.

When people come to your order form they are ready to buy. People are ready to buy – don’t make it difficult for them.

I see so many e-commerce order forms that ask for so much data…

This is what one of our recent Par Program clients had before we tweaked their page: 

  • First Name
  • Last Name
  • City
  • State
  • Zipcode
  • Phone number
  • How did you hear about us?

And that is before we even get to the cc processing page:

  • Credit Card Type
  • Credit card number
  • Expiration Date
  • CVV code

From my affiliate landers (Name, Email, Phone) submits it seems on average that the conversion goes down 7-10% for each field you add. But a lot of advertisers have a large value in these fields so you will get paid more on a 3 field submit then just a zipcode submit. Usually $1 per field.

On an order page this somewhat skewed… People expect to fill out a certain amount of data but extra fields bring down the conversion.

Ok so lets talk about how we fix it:

On the personal information you must get:

  • First Name – you have to have this.
  • Last Name – you have to have this.
    Now lets look at what we can skip:

  • Phone number
  • How did you hear about us?

The City, State, and Zipcode fields should be pre-populated by using a Geo Location Library. These fields would be editable for the user if its incorrect but for the most part using a free javascript or server side library you can be pretty accurate.

The Phone Number should NOT be a required field unless you are actually going to do something with it. Why do you need it? Do you have a call floor standing by to make sales? Do you have a call floor standing by to verify the sale was made? Do you have a call floor who will call these people in the future to make future sales?

If no then why the hell are you collecting it? Just to have it? Get rid of that field!

How did you hear about us? This is one of the dumbest fields a company can have on their order form. I know.. I know… “But how will I know what advertising methods are effective?” From your Google Analytics DUMMY. .

If you are doing offline advertising have them use coupon code RADIO or TV… etc.. If this is something you HAVE to get then send out a survey after the sale is made. Tell them you will give them a special offer for filling out a survey that will take them less than 2 mins (this is also a great way to get feedback asking 2-3 other questions about their buying experience).

As far as the financial data goes:

Here is a function I use to auto get the credit card type… No longer does the type have to be entered by the user. Most payment gateways (NMI, Limelight, etc) will automatically do this for you.

Remember consumers are BUSY and IMPATIENT

If you have fields that are required make sure to highlight them in the order form and make it VERY CLEAR in a JS alert box that they are a required field. Don’t make users guess as to what they missed.

Remember consumers are BUSY and IMPATIENT

Yes I said that twice cause I want to beat it into your head. A recent study showed that 45% of people who make online purchases do so at work. They don’t have much time… 15% make purchases from a mobile device… Make sure you are prepared for that and your order form is mobile friendly.

Fix your order form with the above changes and you will see a minimum of 10% increase in sales.

Trying to increase your Google rank that is like no other?