What is Magento 2 Abandoned Cart Report.?
Explore how the abandoned cart report feature in Magento 2 aids e-commerce businesses recover lost sales. This powerful tool tracks and reports abandoned shopping carts.
Problem
Users struggle to recover lost sales due to abandoned shopping carts.
Drawbacks: Inability to track and report abandoned shopping carts efficiently, leading to missed opportunities to recover potential sales.
Solution
A dashboard tool that offers an abandoned cart report feature
Allows e-commerce businesses to track and recover lost sales by monitoring abandoned shopping carts.
Core features: Tracking and reporting on abandoned shopping carts to help businesses identify and follow up with customers to complete purchases.
Customers
E-commerce store owners and managers
Occupation: Marketing managers, e-commerce store administrators
Unique Features
Focuses specifically on recovering lost sales from abandoned shopping carts
Provides detailed reports and insights to take targeted actions and recover potential revenue
User Comments
Easy-to-use tool with actionable insights
Helped increase sales by recovering abandoned carts
Useful for improving conversion rates
Great for understanding customer behavior
Positive feedback on customer support
Traction
Number of e-commerce stores using the product
Value of recovered sales through the tool
Growth in user adoption and engagement
Market Size
Global e-commerce sales: Over $4.2 trillion in 2020
Expected to reach $6.4 trillion by 2024
E-commerce industry growing rapidly with a large addressable market.
