List of Job Opportunities in NC

Blog powered by Typepad
Member since 11/2004

« Smart Ways to Control Expenses in a Startup | Main | VCIC at Georgia Tech »

February 23, 2006

Comments

Feed You can follow this conversation by subscribing to the comment feed for this post.

lovelyamy

I think most people, such as myself, are afriad of online thief. You may not only lost your credit card number and your personal information. On some of ecommerce websites, consumers cannot tell whether the purchases are succeful or not. I would like to shop in store and phycially touch the items before purchasing.

plumsauce

E-comm types seem to be unconcerned with abandonment rates that would cripple other retailers.

Imagine seventy percent of customers filling up their shopping carts at the grocery store and then dumping them when they reach the checkout lane.

They couldn't physically fit enough people in the store to make up for that kind of abandonment rate.

Imagine further that 95 out of 100 people walk out of the store without buying anything. The place would be a zoo! The costs of maintaining the store would be astronomical. But online retailers seem happy with these kinds of patterns.

Makes you go hmmm!

Greg Hopper

The high cart abandonment rate could be due to companies that require you to put items in your shopping cart in order to see the price. High abadonment rates shouldn't be a surprise when this sort of gambit is in play.

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been saved. Comments are moderated and will not appear until approved by the author. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment

Comments are moderated, and will not appear until the author has approved them.

Your Information

(Name is required. Email address will not be displayed with the comment.)