Happy New Year, Hey!
Our latest release, the cart timer, will help streamline registration with products that have limited availability and specific quotas.
Our new cart timer functionality has the following benefits:
- Creates an urgency to make a purchase
- Increases your conversion rate by decreasing abandoned carts
- Enhances targeting of potential customers that can buy in the future
Once a product is added to a user's cart, a timer will begin and be visible at the top of the page, in red. If payment is completed before the timer runs out, the product will be kept in the user's cart and a spot of the quota (if there is one) will be taken up.
If the user abandons registration, based on the settings you select, the product will either be marked as abandoned, removed from their cart, or moved to the waitlist. Once this happens, the spot for the products quota (if there is one), will be released.
We have provided settings that allow you to customize how this process works at the project level.
You can select what counts as paid for, which products the timer applies to, and how many minutes users have to complete payment.
If you choose to have abandoned carts marked as waitlisted or abandoned, you can also filter for these users in User Management for future marketing and communication.
Learn more by watching the video below. A help article is here for specifics on how and where to customize the settings in your project.
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