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For Retail Professionals

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October 11, 2005

Rethinking The Significance Of Cart Abandonment

The Misleading Metric Doesn't Accurately Reflect Consumer Behavior

by Carrie Johnson

with Charles P. Wilson, Sean Meyer

This is an excerpt

Executive Summary

Shopping cart abandonment remains over 50%, and 88% of Web buyers say they have left items in a cart without completing the purchase online. Sticker shock tops the list of why shoppers ditch the cart: 57% did not want to pay shipping costs, and 48% said the total cost was more than they expected. These reasons directly stem from their pricing expectations about the online channel: 72% expect products to be cheaper online.

This is an excerpt

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ALSO OF INTEREST

RESEARCH CATEGORIES

Analyst

Carrie Johnson

Technology

eBusiness/eCommerce, Business-To-Consumer eCommerce

Industry

Retail

Geography

Asia Pacific, Europe, North America