Tag Archives: Cart abandonment solutions

Trigger discount codes by using an abandoned cart strategy

abandoned cart, triggered discounts, auto coupons

Online retailers face a significant challenge with cart abandonment, a phenomenon where potential customers add items to their cart but fail to complete the purchase. According to the Baymard Institute, the average online cart abandonment rate is a staggering 69.99%, translating to $18 billion in lost revenue annually. This article explores how implementing an abandoned …