| For Online Shoppers, Just How Important Is Free Shipping? |
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14/06/2012 00:10 (345 Day 16:04 minutes ago) | |||||
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The FINANCIAL -- For online shoppers, issues related to shipping are still not as important as ease of checkout and product variety.
But they still play a significant role in converting browsers into buyers, according to a February 2012 survey conducted by comScore.
According to emarketer , shipping also emerged as the main reason buyers abandoned their cart before completing a purchase; 57% of respondents said they had added items to their cart not to buy them, but to figure out what the total purchase cost would be with shipping included. Almost as many buyers, 55%, stopped the purchase process after discovering higher-than-expected shipping costs. In order to keep these customers moving along the sales funnel, retailers need to clearly explain shipping policies up front and provide cost estimates as early as possible.
A clear, lenient return policy can go a long way in building good will with customers who don’t want to feel penalized for returning items. Almost half of shoppers would shop more often with a retailer with a clear return policy, and the same number would recommend the retailer to a friend as a result of such a policy. Better policies in this area have the potential to build customer loyalty, as well as new customer traffic driven by word-of-mouth recommendations.
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