Skip to main content
Go to dashboard
Not sure where to start? Take a short quiz to get personalized recommendations.
Lesson 1 of 6
Refine your checkout flow
Grow reader revenue
Launch your subscription
Promote your subscription (5:59)
Get started with Reader Revenue Manager (8:12)
Estimate reader revenue (7:44)
Grow ad revenue with Google Ad Manager
Course
0% complete
5 minutes to complete

Refine your checkout flow

checkout bag

Recover revenue from potential subscribers

checkout bag

What is cart abandonment?

spt-shopping-cart

Cart abandonment or checkout abandonment is when a potential subscriber or donor starts to purchase a subscription or donate, but doesn’t complete the transaction.

Abandonment rate averages 70% across all industries (2023). In other words, for every 10 people who select a subscription, 7 will leave without purchasing.

Why do people abandon a subscription or donation?

Long checkout processes, site speed, unexpected costs, and lack of security are just a few reasons why people abandon a subscription or donation, after starting to checkout.

If you’re on your phone, you’re more likely to abandon checkout at the first sign of friction.

💡 Best practices to prevent cart abandonment

  • Make subscribers feel secure
  • Use fewer steps
  • Show their progress
spt-shopping-cart

How do I track abandonment rate?

shopping-bag-2

To calculate your news organization’s cart abandonment rate, use the following formula:

Cart abandonment = Incomplete Transactions ÷ Carts created

For example, if 100 people began the process of purchasing a subscription or making a donation and 40 people completed their purchase, then 60 people “abandoned” their cart.

0.6 = 60 incomplete purchases ÷ 100 carts created

Your cart abandonment rate is 0.60, or 60%.

💡 Best practice: Use an overlay when someone returns to the page, or when they are about to leave the page

shopping-bag-2

Make subscribers feel secure

screenshot-2023-02-23-at-53356-pm-removebg-preview

17% of people abandon carts because of lack of trust, like credit card theft or other security concerns.

💡Best practices to be transparent with data

  • Ask for their e-mail first, so you can follow up
  • Add a guarantee like “We will never share your data”
  • Ask for essential fields only:
    • Email address
    • Password
    • Credit card information
    • Billing address
  • Ask for first name, last name, and physical address only for print subscriptions
  • Avoid asking for phone number or gender
  • Add “Cancel Anytime” below the final purchase button
screenshot-2023-02-23-at-53356-pm-removebg-preview

Use fewer steps

screenshot-2023-02-23-at-53352-pm-removebg-preview

A 2019 study found that half of surveyed shoppers were less likely to complete their online purchase if the checkout process took more than 30 seconds.

💡Best practices for a faster checkout flow

  • Limit checkout to a maximum of three steps, like Account, Billing, and Review.
  • Enable social login. This allows your audience to sign-in or register with one-click using an existing social media account.
  • Enable autofill
  • Enable the number keyboard on mobile for easier selection
  • Enable third-party payment options like PayPal or Amazon Pay
  • Display checkout as one page
screenshot-2023-02-23-at-53352-pm-removebg-preview

Show their progress

screenshot-2023-02-23-at-53352-pm-removebg-preview

21% of people abandon carts because of complicated or lengthy checkout experiences.

A clear and simple checkout page reduces confusion, keeps potential subscribers and donors informed throughout the journey, and allows for purchases to be completed with ease.

💡Best practices to simplify your checkout

  • Display an anchored progress bar
  • List steps, such as “1 of 3”
  • Anchor an itemized order summary to the page
screenshot-2023-02-23-at-53352-pm-removebg-preview
How would you rate this lesson?
Your feedback will help us continuously improve our lessons!
ANSWER THIS QUESTION TO COMPLETE THE LESSON.
What is the average cart abandonment rate across industries?
Submit
checklist (8)
Quiz Complete
Congratulations! You've just finished Refine your checkout flow
Review the Lesson and Try Again
in progress
Recommended for you
Leave and lose progress?
By leaving this page you will lose all progress on your current lesson. Are you sure you want to continue and lose your progress?