Discover how ecommerce personalization and localization can reduce bounce rates and boost sales. Learn key strategies: optimize product pages, segment email lists, streamline the purchase process, and use exit-intent overlays. Improve your ecommerce site’s performance today!
Did you know that many eCommerce stores die because of their high bounce rates? Why? The answer is simple: if your targeted consumers are quickly leaving your site, they aren't buying. The goal of your eCommerce store is to sell your goods or services online, and if that's not happening you don't have much of an eCommerce business. And it gets worse. The higher your bounce rate, the lower your rankings are, which makes it even harder to get customers. So how can you reduce your bounce rate? The solution is to pay attention to eCommerce personalization and localization.
The bounce rate from an eCommerce store can be as high as 45%.
So, you have invested in a brand name, a good looking website, an app, and advertising, but people are still leaving your site without making a purchase. Let's take a look at what may be causing your high bounce rate and discuss how it can be fixed with eCommerce personalization.
Google tells us that a bounce is a single-page session. To expand on this statement, a bounce happens when someone enters your page and does not interact further with elements on that page or any other pages. Various events can trigger a bounce:
Here's the formula to determine your bounce rate:
The number of single-page visits to your website divided by the number of total visits.
So, what is a reasonable bounce rate for my website? As a rule of thumb, a bounce rate in the range of 26 to 40 percent is excellent. However, it's not quite so simple. An acceptable bounce rate is heavily dependent on which type of page people are bouncing from.
A true bounce is different. It's when someone arrives on your website and leaves quickly - usually within seconds. This means they have felt they were in the wrong place.
So, your site-wide bounce rate won't necessarily be that meaningful, particularly if you have quite a few different types of pages. It's much more useful to look at your page-level bounce rate and consider the type and quality of content on each page. For instance, blog posts usually see higher bounce rates than product pages. The bottom line here is that however you choose to measure your bounce rate, you'll just keep losing out on sales if you don't improve it. So, here are six ways to give yourself the best chance to improve your conversions.
A product page represents a barrier that can prevent a prospect from turning into a customer. Unfortunately, prospects browse through specs and reviews and make decisions that marketers often haven't played too much part in. Often, it's your product page that will make or break a sale.
Here's what's good about it:
Don't make the mistake of making reviews hard to find. Good reviews will increase your conversion rate. A survey found that 77.3% of consumers were impacted by reviews when making a purchasing decision.
Does the color of the "add to cart" button make a difference? The color by itself makes little difference. What counts is making it stand out from the rest of the design.
To lower your bounce rate, keep your product page uncluttered, write compelling content, include reviews, and include an obvious CTA.
Another way to improve your eCommerce personalization and localization is by email list segmentation. This means grouping your prospects based on their interaction with your products, website, and emails. The more you segment, the more you will personalize your target audience by sending them offers based on their interests. Each prospect will feel like they are receiving a personal communication. Therefore, when they click on your website link, they are far less likely to bounce.
If someone is trying to buy something via your website, make sure they cannot get confused. If they can't find the right price or a prominent CTA, you are motivating them to leave. In fact, 11% of prospective buyers abandon their shopping carts because the checkout process was frustrating and too complicated. These are sales that you should not be losing.
It's a common mistake for eCommerce stores to links their ads to their home page and not to the relevant product page. Remember that someone clicks on your ad because they're interested in your product and not because they want to browse your website. If you are sending them to your homepage, chances are they'll just leave.
It's a big mistake to nickel and dime your potential customers by hiding costs until the last second. These include charges for shipping, discount offers that don't really turn out to be discounts, and other secret ways of jacking up the price tag. All you will achieve is a high rate of cart abandonment and large numbers of bounce rates.
An exit-intent popup is an overlay that appears at the forefront of the screen when someone is about to leave your website. In other words, the prospect is about to bounce, but you throw one more thing in their way in hopes of saving the sale (e.g., a discount or a freebie). Exit-intent popups on eCommerce sites increase conversion rates by 5-10%.
eCommerce personalization builds relationships with your audience in whichever country you are doing business in. Localizing your content to make it more appealing to your targeted consumers will decrease your bounce rate. Ultimately, people will buy from you if they trust you, so the more honest you are with your prospects, the more they're likely to convert. It's not necessarily because your products are high-quality or cheaper than your competition, but because they like you. And the more they like you, the lower your bounce rate will be.Keep in mind, the concept of ecommerce personalization applies to every aspect of your business – your website content, your email lists, your live chat, and your customer service. Your ecommerce localization strategy will vary with every country you do business in. What works with one local audience may not work with another. Localize understands that eCommerce localization forms the basis for successful international marketing. We have tools that can help you – click here for more information.
At Localize, our passionate writers explore a wide range of localization topics, from technology trends to cultural insights. With diverse backgrounds in various fields, they bring unique perspectives to their articles, aiming to inform and inspire our readers.
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