Do you know how much revenue you’re currently missing out on because of abandoned carts?
Here’s a shocking stat: Studies show that the average cart abandonment rate is around 70% 😱. That means for every 10 potential customers, 7 walk away without buying.
Most store owners have no idea which products are being left behind or when these abandonments happen. They’re flying blind while revenue just waltzes out the door.
At MonsterInsights, we’re constantly working to solve problems like this one. We wondered if maybe our users could work to save some of that revenue if they could see which products are being abandoned and when that abandonment is occurring.
That’s why we created the new Cart Abandonment report!
Track Abandoned Carts for Real
Today, I’m thrilled to announce our new, game-changing Cart Abandonment report.
This eye-opening new report gives you much more visibility into your abandoned carts so that you can transform how you recover lost sales.
Here’s exactly what you’re getting:
Products Cart Abandonment Report
- See exactly which products are being abandoned (no more guessing!)
- Track abandoned quantities to spot inventory planning opportunities
- Monitor potential lost revenue for each product
- Analyze abandonment rates to identify problem products
- Compare checkout abandonment percentages to spot conversion issues
Daily Cart Abandonment Report:
- Track abandonment patterns by day
- Identify peak abandonment times
- Monitor daily revenue impact
- Spot trends to optimize your marketing
- Make data-driven decisions about sales and promotions
Imagine knowing exactly which products need attention and when your customers are most likely to abandon. That’s the power of these new reports!
The new Cart Abandonment reports are perfect for:
- eCommerce store owners wanting to maximize revenue
- Marketing managers needing to optimize campaigns
- Product managers making inventory decisions
- Business owners looking to improve conversion rates
If you’re already a MonsterInsights Pro user, all you have to do (after you’ve updated to MonsterInsights 9.3) is navigate to eCommerce » Cart Abandonment to find the new reports.
Not a MonsterInsights Pro user yet? Get started today to get these and many more important stats right inside your WordPress dashboard!
Think about it: How much more revenue could you recover by knowing exactly what’s being abandoned and when?
That’s it for this announcement! I hope you love these new eCommerce reports.
Curious about what else we’ve been up to? Check out our latest releases:
- New: Introducing Tabbed Overview Reports with 12 More Metrics
- The Annual MonsterInsights Year in Review Report is Here! (Limited Time Only)
- New Country + Region Report, New Custom Dimensions + More
- MonsterInsights 9.1: New Summary Report + Ads Tracking Upgrade
Finally, don’t forget to follow us on YouTube for more helpful reviews, tutorials, and Google Analytics tips.
