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Typical abandonment rates and what to do about it
First let's agree on terms. By "abandonment rates" I mean
people that open up a shopping cart and then leave it without
completing a transaction.
I have been trying different strategies to try to decrease
abandonment rates without much success.
Our products run from $5 to $5000, we get about 500 on-line
orders a month and another 200 by phone. We average
$200k in sales per month.
So what are typical abandonment rates?
best regards
wiz
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