On average cloud.IQ tools increase its customer’s revenue by 5%.
Cart abandonment is a universal problem for any business selling online with 75% of consumers admitting they regularly abandon purchases at the checkout stage.
cloud.IQ wants businesses to realise that far from being a bad thing, abandoned carts should be viewed by ecommerce businesses as an opportunity to boost revenue. With the right tools in place you can convert as much as 20% of abandoned carts into sales.
If your website loses shoppers at the checkout stage, cloud.IQ can set in place a series of events to recapture them, and turn a lost lead into a very happy customer. The innovative “cartRecovery” audit tool allows small businesses to diagnose the success of its checkout process in an entirely new way. Then for a small, fixed cost a business can purchase the full marketing package which remarkets to any customers who have abandoned carts. On average cloud.IQ tools increase its customer’s revenue by 5%.
Christmas is Just Around the Corner: Will your Final Quarter be a Golden one? -: http://t.co/Cd7kvPerWN
— Will Corry (@slievemore) November 12, 2013
cloud.iq is doing what we love to see most, helping small businesses compete on the big stage. They’ve come a long way in a short time, securing more than £2m in funding and winning our #O2SmartaBiz competition. We can’t wait to see what’s next for this business.
James is founder and CEO of cloud.IQ. Prior to this he was Founder/MDGroup at Ad.IQ, the dominant provider of mobile services to the world’s top brands, and before that he was Account Director at Ogilvy Interactive.