This quarterly report covers Cart and Browse Recovery results for Q3 2016: July-Sep. (Previous report for Q2 2016, Next report for Q4 2016).
In Q3 2016, our average client doing cart and browse abandonment made £113K extra sales for each £1M of turnover (39% more than cart abandonment emails alone).
This infographic shows cart abandonment levels and the results from sending cart and browse abandonment emails.
Unbranded versions in different currencies: US Dollars, Euros, Pounds
- The results of Abandonment Recovery emails are virtually unchanged from the previous quarter - the combination of cart and browse abandonment, done by a specialist system like ours, remains the single best way to improve your sales figures.
- Cart Abandonment figures also virtually unchanged - still about 59% and continuing the slowly improving trend of the last 2-3 years. Cart abandonment is still a major problem but marketers are making gradual progress.
- The usual warnings apply. There is a lot of variation in sales uplift across our clients even in the same sector - 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.
|Statistic||This Quarter Figures||Notes|
|Sales uplift||11.23% (8.09% from Cart Recovery plus 3.14% if Browse Recovery is done too).||Extra sales attributed to Fresh Relevance, compared to normal sales.|
|Sample Size||Billions of page views||From a representative sample of Fresh Relevance clients worldwide, who are doing cart and browse abandonment.|
|Proportion of Carts Abandoned||58.84% by number||Number of abandoned carts/total number of carts.|
|Proportion of revenue from browse recovery||27.99%||Browse recovery revenue / cart+browse recovery revenue (for clients doing both)|
|Average return from a single cart recovery email||£21.19 ($26.07)||Cart recovery emails.|
|Average return from a single browse recovery email||£3.16 ($3.89)||Browse recovery emails (more of these are sent than cart recovery emails).|
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