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Picture this: a customer looks at your website, picks a tour, adds it to their cart, and then it disappears. They vanish without completing the online booking. It happens more often than you think. Studies show the average shopping cart abandonment rate sits around a whopping +70% according to the Baymard Institute. That means for every 100 people who start a booking, only about 30 will follow through and purchase.
Here's a breakdown of some key stats:
Lost bookings and revenue can result from abandoned carts. However, businesses can recover a portion of these abandoned carts. Here are some best practices to turn those abandoned carts into booked tours. But fear not! Your reservation software has a feature Abandoned Booking Recovery that can help you recover lost sales. Let's dive into what it is and explore best practices to use it effectively.
Abandoned Booking Recovery is about reconnecting with customers who added tours to their cart but didn't finish booking. Sending personalized emails to remind lost customers about their abandoned tour, activity, or rental. This can help bring them back to your website and turn them into happy customers that are ready to book.
People naturally influence each other's experiences. Use social proof in your abandoned cart email to build trust and credibility. Here are a couple of ways to do this:
Managing abandoned carts can be time-consuming. Thankfully, reservation management software like Indexic Tour Reservation Software can automate your process. The tour software tools will:
Some booking software can make it harder for customers to complete their purchases, leading to lost customers/sales. Be aware of these:
By implementing these strategies, you will reduce your shopping cart abandonment and increase tour sales. To learn more about how to improve shopping cart abandonment rate, click on "Learn More About Improving Sales" below.
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