When it comes to eCommerce, creating a seamless checkout flow is CRUCIAL. It can make or break a sale. After all, what's the point of attracting customers to your online store, only for them to abandon their carts due to a confusing checkout process? According to
Baymard Institute, the average cart abandonment rate is a staggering
69.82%. This means that roughly
3 out of 10 shoppers who add an item to their cart will complete a purchase. Yikes!
But fear not! If you're using Shopify, you have access to some powerful tools to help you optimize your checkout process. Here’s a handy guide to get your checkout flow running smoothly, helping to reduce cart abandonment & increase your revenue!
Before diving into the nitty-gritty of designing your checkout flow, it’s important to understand why this optimization matters in the first place. An unoptimized checkout process can lead to frustrated customers, decreased conversion rates, and ultimately, lost sales.
Forcing customers to create an account can turn away more than
24% of shoppers, according to statistics from
Shopify. Instead, consider offering a
guest checkout option. Not everyone wants to create an account for a one-time purchase!
When it comes to payment methods, variety is the spice of life. Shoppers are more likely to follow through with a purchase if their preferred payment option is available. Some popular payment options to consider include:
By providing multiple payment options, you cater to different customer preferences and eliminate one of the common reasons for cart abandonment —