Every website that leads potential buyers through a sales process loses many of them along the way. While millions of people successfully complete their purchases, millions more abandon the process. The challenge for website owners is to determine why this abandonment happens. Below, we'll explore several possible reasons why your website may be losing sales. We'll also take a look at how to survey those who fail to complete their purchases about why they've done so. Finally, I'll explain how to review their responses so you'll understand how to make changes, or know whether they're even necessary.
Reasons People Fail To Complete A Purchase
One of the main reasons why consumers fail to complete their shopping experience online is due to a disconnect between their expectations and what is displayed in their shopping cart. For example, they might be surprised by the shipping cost if it isn't shown until the final "checkout" page. Or, if the sales process requires too many steps, the customer may grow weary and leave.
Other reasons that have been given include unclear or confusing information, ambiguous delivery dates, and the combined cost of items being higher than expected. In short, the most common cause of abandonment during the sales process is triggered by poor communication. However, because there are several ways in which your website can fail to communicate important information to customers, it's worthwhile to survey your visitors for specific details.
The Best Time To Ask
If a potential customer abandons your website's shopping cart, you'll only have one opportunity to ask them why they've done so. Even if you have their contact information, using it to solicit the reason why they failed to complete their purchase isn't effective (or welcome). You need to ask immediately following their decision to leave.
For example, imagine that a potential customer has gone through your website's shopping cart and reached the final page before actually purchasing an item. At that stage, their only option is to either proceed with their purchase or leave the process. If they decide to leave, you must survey them with a pop-up box immediately after they click out of your shopping cart. Each subsequent click away from the sales process - even as they explore your site - reduces the chance that they'll respond to your pop-up survey.
Figuring Out Why They're Leaving
So, how do you acquire the information you need in order to identify possible problems that are discouraging sales? The two most important pieces of information are "why didn't they complete the sales process" and "what changes would prevent their abandoning the process in the future." The challenge is to get answers to those questions without irritating them.
Keep the number of questions to five or less. Remember, the customer has already implied they're unwilling to accommodate inconvenience. The longer you make your survey, the less likely they'll cooperate. Consider starting with "I decided not to purchase because..." and then provide several possible reasons (allow them to select multiple reasons). It's tactful and diplomatic. Plus, it lets them communicate their reasons quickly.
Reviewing Their Responses
Making changes to your shopping cart should only be done after prioritizing their value. For example, if only one customer abandoned the cart due to being surprised by shipping costs, making a change may be unnecessary. On the other hand, if half of your survey responses mention that the purchase experience takes too much time, consider streamlining it. The key is to integrate a short survey in order to identify the reasons why your website may be losing sales. That way, you can implement changes when it makes sense to do so.
Sales Process Flow Chart
Have you noticed that many prospects are perfectly willing to string you along for as long as you are willing to let them? Have you noticed how many would rather stand you up than say no? What's a sales professional to do? Just keep plugging away, call back and reschedule, etc., right? Absolutely not! While this will go against what many sales experts will tell you, I beg to differ. It is time that you recognize that your time and effort is valuable and conduct your business in a manner that reflects that. After all, if you don't value your time and effort, how can you possibly expect your prospects to?
Let me give you a real life example. I have a friend (for purposes of this example, we'll call her Mary) who set an appointment with a potentially valuable prospect (for purposes of this example, we'll call him Jim) that could have meant well over a thousand dollars in commission. She and her prospect agreed upon meeting at the prospect's office at 2:00 on a Wednesday afternoon. The drive Mary to Jim's office was well over an hour and having spent several hours prepping for the meeting, she had invested more than five hours in this meeting.
Mary arrived at 1:55 and after having to explain to the receptionist that she had an appointment (red flag) was told have a seat until Jim became available. 2:00 came and went. 2:15 came and went. 2:30 came and went. Finally, Mary inquired of the receptionist when she would be ?allowed? to see Jim. The receptionist promised to check. At 2:45, more than 45 minutes after the scheduled start of the meeting, the receptionist informs Mary that Jim is in another meeting and will not be able to make their scheduled appointment.
Mary, clearly disappointed, left her card and told the receptionist that she would call Jim back ?in a day or two? to reschedule. Would anyone like to guess the response when Mary calls back? Jim is never available and never returns her calls. Unbelievable, but certainly not out of the ordinary these days.
Mary is a victim of bad advice'of the conventional wisdom that says that we as sales professionals need to bow to the needs, wants, and desires of our prospects and accept their rudeness because we need them more than they need us. I disagree completely. Is your time valuable? Is it just as valuable, if not more so than your prospects?? I say it is and the sooner you realize that, the sooner you will notice fewer and fewer of the situations like the one I just described.
Mary and I had a long heart to heart about her situation. We put in place a process for each new appointment that while adding several steps to get to the appointment has resulted in a far fewer situations like this one, far less wasted time, a conversion rate more than double her previous rate, and most importantly, a 52% increase in her income.
Take control of your sales process. Your prospect needs to be led. The minute that you let him or her lead the process is the minute that you lose control and your odds of conversion drop dramatically. You are the boss. You have something that your prospect needs and wants. Start acting like it today and watch how much respect you will command and how many prospects will be willing to follow wherever you lead them?ultimately to a sale that leaves both of you better off than prior to your transaction.
Both Frank Lucer & Greg Beverly are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Frank Lucer has sinced written about articles on various topics from Customer Service, Computers and The Internet and Finances. SurveyGizmo is a leading provider of , for more great ways to use surveys to enhance your business check them out online at http://www.SurveyGizmo.com. Frank Lucer's top article generates over 60500 views. to your Favourites.
Greg Beverly has sinced written about articles on various topics from Sales and Negotiation, Pet Guinea Pigs and Legal Matters. Greg Beverly, CPA, MBA has over 21 years experience helping sales professionals reach goals they never imagined possible. For more information on how you can live your own dreams through sales success, visit www.salessuccess.yougethelp.com. Greg Beverly's top article generates over 4400 views. to your Favourites.
Books On Public Speaking This article has been translated into English for the North America and UK audience.