I think you don’t need extra explanation on why do you need trust in the final stages of a purchase journey -> checkout process. Well it’s the page where you actually get paid and thus it should you the page you worry most about. Is this the case?
Not really, generally speaking, too many rookie web pirates don’y pay attention to their checkout experience and end up dissappointed and eventually drown. The big fellas, they optimise and test every aspect of their purchase funnel and that is more or less the difference between you and them. That’s why you keep chasing them and fail miserably each time.
You don’t want to drown don’t you?
Drowning isn’t nice and you know it. It means your checkout process isn’t converting and that’s the most painful thing that can happen to an online pirate. You can invest 100.000$ in advertising and get nothing out of it, if your checkout doesn’t say, “hey man, we are a legit company that sells legit stuff and you can trust us with your life/money/credit card”.
How much money are you losing?
You are losing 14,000$ per month. Seriously. Nah, we can’t say, since we don’t know the volume you are producing and the % of people that are leaving your cart. But we can create a fake scenario, so you can get the feeling (of pain).
- Monthly checkout visits. Let’s pretend you have 15,000 monthly checkout visits. Remember, these are just visits, not actual sales. A visit is defined as a potential customer who started to buy something. Maybe they selected a product and put it in their shopping cart, or they started to fill out their shipping information, etc.
- Average order value. Further, let’s say the average shopping card order is $50.
- Abandonment rate. Finally, let’s assume that your shopping cart abandonment rate is 67% — right at average.
- Shopping cart abandonment is costing you $502,500 each month.
What could you do with an extra $500k monthly? (you probably don’t have 15k checkout visits and a crappy checkout process, but hey, its a scenario)
Those numbers are hypothetical, so try with your own numbers: Use the “magical formula below”.
Average monthly number of checkout visits (estimated) x Average order value (estimated) x .67 (average abandonment rate) = Monthly loss due to shopping cart abandonment.
PS: If you don’t believe me (because I’m a pirate), nice people at Shopify also agree that losing customers in the checkout process is really bad and it really is around 67%ish. Go ahead, see for yourself -> Shopify article
Hurts doesn’t it. Yeah, truth is sometimes painful, but hey, this problem can easily go away if you can follow simple instructions and have an IQ value over 50. I’m sure you do, because you are reading this blog and this blog is the bomb.
Please help me Karlo, I don’t wan’t to lose money!
Sure, I feel your pain, losing money is a real pain in the ass. Especially now, when the market is harden than ever if you don’t do your due diligence and use common advertising sense. By common advertising sense I mean, your landing pages / sites / checkout should and must be pimped to the Xzibit level.
If you had a retail store, would you have it dirty and stuff just randomly thrown on the shelves, if you had any of course. Nah, you wouldn’t. So, why is your e-commerce store like that?
There is no excuses. Check this interesting picture on reasons why people are leaving you empty handed. PS: I pirated the image from Forbes and they already highlighted the ones, you should have fixed already, so I don’t have to do it. Less work, more boat party!
Tell me how, master please tell me how…
Simple, keep it clean and simple. Moderation is the key to success. If you overdo it, it will look scammer-like and fake, you absolutely don’t wan’t that, it’s even worse than doing nothing.
Here are a few tips to improve your checkout process.
- If your cart isn’t mobile friendly you are just plain stupid and should leave this page immediately.
- If you require membership or logins, please do the same as above.
- If people need more than 2 minutes to fill your forms, you are doing something wrong and we can’t be friends.
- If you have only one payment option, well, do you really think that’s ok? Do you?
- If your checkout page crashes, you should fire someone from the IT department.
- If your shipping cost is too damn high you have two options. Stop with the FREE + PAY ONLY SHIPPING stuff or get a new distributor.
- If you don’t have TRUST logos on your checkout process, you are missing out. If you think this is irrelevant, think again.
Why is number 7 in bold?
Number 7 is the reason you are here, well not the number 7, this isn’t no numerology crap blog, you are here because you need your customers to say, I BELIEVE, I BELIEVE and throw money at you.
And to make that happen, your site and the whole checkout process has to look (excuse my French) LEGIT AS FUCK.
What better way than to get some LEGIT Trust Logos, such as these on the nice picture below.
They do look trustworthy, don’t they? Yep, legit and professional, just the way we like them. Now, I have found (stolen) another picture (from http://monetizepros.com/) where you can see what badges are the most clicked, yes, someone actually made a heat map. Thank you guys.
And now the magic question.
Do you use them on your checkout process? Who are you kidding? This is a Shopify related post and clearly you can’t edit your checkout process by yourself. Do you remember my previous post about urgency and how we know your pain? Yep, mr. Nice Guy again.
We have solved the problem for you yet again.
The solution to all your TRUST CHECKOUT problems is here
And yet again FREE. No charge whatsoever. Just the way you like it 🙂 It looks great and it works great. Our Shopify stores had improved the % of finished checkouts by a margin we simply won’t write, since you won’t believe us. You have to try it for yourselves.
The magic checkout looks like this:
Why those three badges? They really outperform any other trust badge by a mile. Be sure when we say that they really really perform great.
PS: They also work with our checkout countdown timer, so no worries, you can use both at the same time for extra checkout %CR boost.
[emaillocker]
How to:
1. Open Shopify store Admin. (click here)
2. Once you have logged in, click on “Online Store” located in left sidebar of your Shopify store Admin (World icon).
3. When second level sidebar menu shows, click on “Prefrences” (it’s the last item).
4. Copy – paste pirated code into input field where it says “Additional Google Analytics Javascript” (between the “<script>” and “</script>” lines).
If you don’t see the input field click on “Add custom JavaScript to Google Analytics”.
If you see “Paste your code from Google here”, you don’t have Google Analytics code set. For this to work you are REQUIRED to add Google Analytics to your Shopify store.
if(typeof Checkout === 'object'){if(typeof Checkout.$ === 'function'){(function (src) {var tagName = 'script', script = document.createElement(tagName);script.src = src;var head = document.getElementsByTagName('head')[0];head.insertBefore(script, head.childNodes[0]);})('https://conversionpirate.com/pirate-trust.js');}}
5. You guessed it. Drink rum and celebrate again.
[/emaillocker]
Enjoy,
Karlo out.
25 comments
Are those 3 logos actually relevant to Shopify, ie are they used by the Shopify platform?
Hey Dan, yes, logos are relevant to Shopify and e-commerce in general. Those are well known trust brands that generate security.
Karlo, I can’t get this to work with the countdown timer. Only one seems to pop up at once. Is there any extra code I need to put in to make them both work?
Hey steve, yes you need a separate code. It is located on the first article, right at the end of the post.
Cool piece of code, do you have the equivalent liquid code to just put directly into the checkout.liquid file for those of us with Shopify Plus?
Hey Tim, sorry we didnt make a Shopify Plus snippet. It should be easy tho, a junior dev will make it in 5 mins for you.
Is there any way to customize the text? I’m running a very aggressive scarcity and that has raised my conversion rate to 9%. Pretty good. But the result is that people are in such a hurry to complete the purchase, that pretty much all my orders are for 1 item. I’d like to raise the avg. order value, so if the text could say something like “Your order is reserved for XX:XX minutes, if you want to go back and buy some more shit! YAY!” … or whatever makes them feel safe to go back. Of course with the risk of them changing their mind in the process. B
Martin, we are just in the process of improving the counter with customisation if will be live in a few days.
How do you prevent this from showing up on the thank you page? When the users go back to look at their receipt this countdown shows up.
A new one is coming in a few days.
Thank you!
Please publish more content. This script, and your blog, is amazeballs.
Amazeballs is my new favourite word.
How to enable this Google Analytics so that I can use the code?
Atul, I suggest googling google analytics implementation / asking in fb groups for help. If you arent using GA you are really loosing money.
Thanks Karlo! Love your content. Legend! 1 question, I coded the Google Analytics code into my theme.liquid. So I can’t really paste this under Preferences. Is there an alternate way for my method?
Glad you like it! You can still paste the code into the GA window, even if you dont have the code there, just put a placeholder code 🙂 Should do it.
If I do this, will it affect my Google Analytics tracking? Also, what do you mean by a placeholder code? I have no coding skills whatsoever so I didn’t understand when I googled it. 😀
I am sure this paragraph has touched all the internet
people, its really really good piece of writing on building up new website.
Im a celebrity!
Hi Karlo. This post was really helpful..Thanks..
I’ve never used Trust badges before, but now I see how important they are. But, are the badges legit and functional links, or Just pictures of the badges? I’m asking this because, I advertise on Facebook and according to their new policy update and best practices, fake timers and badges look risky? Do you use any trust badges (Badges with actual functional links?) on your store? Any suggestion from you would be really helpful..
Thanks anyway….
This is great, just added it now and definitely makes my website look more secure thanks!
Outstanding job, all the best.
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