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  • October 2024 - Fashion
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Turning the Tide: Winning Back E-Commerce Customers

  • October 21, 2024
  • daniel@moksha.in

Turning the Tide: Winning Back E-Commerce Customers

By Roopak Pathak

The e-commerce revolution has changed the way we shop, but for many online retailers, retaining customers remains a major challenge. With fierce competition and customers often chasing discounts, it’s crucial for businesses to understand why customers leave and implement strategies to win them back. In some markets, customers have grown accustomed to significant discounts and free shipping offers, leading them to view e-commerce platforms as primarily discount-driven. To over come this, e-commerce businesses must provide added value beyond just low prices to cultivate long-term customer loyalty

Addressing Customer Frustration

One of the biggest factors contributing to customer churn is a slow, frustrating user experience. Google research shows that 53% of mobile users abandon websites that take more than three seconds to load. Complex navigation and a complicated checkout process can also turn customers away, leading to high rates of cart abandonment. To counter this, businesses need to prioritize faster loading times, simplify the checkout experience, and make the shopping process as seamless as possible. Moreover, shipping costs are a key factor in customer retention—75% of consumers expect free shipping on orders over a certain amount. Unexpected fees at checkout often lead to abandoned carts.

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daniel@moksha.in

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