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Online shopping is set to take over the retail space, like how mobility has replaced desktops. According to Statista, e-commerce will account for 22% of retail sales globally, doubling within the next five years. But the actual prospect of online retail is more significant than this, but some customer pain points are checking the galloping growth horse of e-commerce to summit retail Everest.
What are the e-Commerce Customer Pain Points?
In the context of e-commerce stores, customer pain points refer to all the problems and unaddressed queries that prevent a seamless and satisfactory shopping experience.
Some of the most notable pain points customers point out include slow-loading time, time-consuming checkout process, absence of preferred payment options, limited product and buying options, security and privacy concerns, and several others.
Here we have picked the five most commonly mentioned pain points and the technology solutions to address them.
Time-Consuming Checkout
Most online shoppers have a low attention span and very little patience to stay tuned beyond a few seconds, and naturally, a sluggish checkout pushes them out of the store. The more time the checkout process consumes, the bigger it makes the cart abandonment rate.
Fortunately, e-commerce stores can address this issue with some time-tested measures that leading stores like Amazon, eBay, Etsy, Alibaba, and many others follow. Here below, we mention some of these measures.
Inability to up-sell & cross-sell
A significant pain point for most e-commerce stores is the inability to up-sell and cross-sell. Although up-selling and cross-selling opportunities arrive several times in a buyer’s journey, catching them at the right time matters most. If you think customers hate up-sales and cross-sales, you are wrong. By offering them options they are more likely to engage with, you push business conversion and increase customer happiness.
Lack of Personalized Shopping Experience
In most of the points mentioned above, we have explained how to address customer pain points in a personalized manner. A personalized shopping experience offers more than just smart product recommendations and customized support communication.
Just as digital storytelling helps brands establish personalized connections with their target customers, you should not leave any options untested to ensure a personalized shopping experience. Here are some tech-driven ways to offer personalized shopping experiences to customers.
Under-optimized product search
As we have mentioned, customers these days have a minimal attention span; hence, the faster you make them find out what they need, the better you can convert business. Customers expect e-commerce stores to know their preferences and offer buying options accordingly. Many e-commerce stores make searching for products and navigating around difficult, losing customers and business.
There are effective ways to address this pain point convincingly. Here are some technology-driven ways to address this pain point.
Bad customer support experience
According to most credible studies and reports, most customers leave a store and only return because of poor customer support. Customers often praise one brand and give negative feedback on another because of the poor customer support experience. On the other hand, quality customer support ensures more trustworthiness of the e-commerce store, resulting in increased footfall, customer loyalty, and sales.
You can revamp your customer support experience with some tech-driven measures. Here below, we mention a few of them.
Summing It Up
For e-commerce stores addressing customer pain points is a necessity they cannot ignore. While e-commerce offers even small businesses a level-playing field to stay in the competition, offering a painless, seamless, and smart shopping experience has also become the gold standard for online stores. E-commerce stores have several technology solutions at their disposal to do away with these pain points. We only described above a few of these tech-driven solutions.
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
Hugo Chamberlain Chief Commercial Officer at smartKYC
17 April
Mouloukou Sanoh CEO and Co-Founder at MANSA
16 April
Ruchi Rathor Founder at Payomatix Technologies
Sakkun Tickoo Digital marketing consultant at Wonderful Payments Ltd
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