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Shopping cart abandonment is one of those dreaded issues both online and omnichannel retailers hate. There are many reasons for customers to just leave a webstore after they have picked their products, instead of completing the order.
Some customers find better prices elsewhere, some fail to navigate the store but most (56%) give up on their order when they are presented with unexpected costs.
Data gathered and compiled by the Payroll Blog shows that 68% of all consumers abandon their cart, leading to $18 billion in revenue lost each year but there are ways to avoid this. The infographic below outlines some of the most effective ways to avoid shopping cart abandonment and increase conversions.
Amazon turns 20 this month. Founded in July 1994 by Jeff Bezos, it has now grown into the largest online retailer.
As a sign of their appreciation, the folks at DPFOC, an online marketing company, created the infographic below. The company has also created an interactive timeline, showing the most important milestones in Amazon’s 20 year history. You can enjoy it here.
Last week we’ve had a look at world’s top 5 ticket sales and event management companies. To put things in perspective, below you’ll find an infographic showing some of the facts and figures you might not now about the leaders and challengers in the ticket sales market.
The infographic focuses on three companies – StubHub, Eventbrite and Ticketmaster. Beauties and the beast. Things you’ll find below: info regarding the business model, founding dates, growth numbers and such.