This is a monthly report by Fresh Relevance, to provide statistics on the effectiveness of real-time marketing. This report covers cart and browse recovery over a 30-day period in September-October 2013. (Previous report for September 2013, Next report for November 2013)
|Number of page views||9.5 million||From a representative sample of Fresh Relevance clients, mainly in the USA and UK.|
|Proportion of Carts Abandoned||60.95% by number
67.92% by value
|Click Through Rate on recovery emails||14.46%||By campaign. Cart recovery emails.|
|Purchase Rate after click-through||41.70%||Cart recovery emails.|
|Average Order Value of recovered purchase as opposed to regular purchases||43.0% Higher for a recovered purchase||Cart recovery emails.|
|Proportion of revenue from browse recovery||36.7%||Browse recovery revenue / cart+browse recovery revenue (for clients doing both)|
|Average return from a single cart recovery email||£11.85||Cart recovery emails.|
|Average return from a single browse recovery email||£2.08||Browse recovery emails (more of these are sent than cart recovery emails).|
|Sales uplift||13.0% (8.22% from cart recovery plus 4.78% if browse recovery is done too)||Extra sales attributed to Fresh Relevance, compared to normal sales.|
- Fresh Relevance has automated the production of most of these figures. Clients can see their data in Reports|Home and Reports|Campaigns, and compare how well they are doing against the average.
- I've switched to reporting the sample size as page views, instead of customers, because that figure is easily available and it saves time.
- The usual warnings apply. There is a lot of variation in sales uplift across our clients - everyone is making money, but not equally so. And, as with all such data, there is room for error in these figures. The recorded results could be too high, because some customers were going to buy anyway even if we didn't send recovery emails, or too low because some were reminded by the emails but bought in a way that we couldn't measure. We do our best, but nothing is 100% accurate.
Copyright © Fresh Relevance. You are welcome to reuse this data on public Websites, provided it is attributed prominently with a link to this page as follows: Data from Fresh Relevance Ltd.
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