We have all been guilty at one time or another of abandoning our shopping carts. Maybe we couldn’t find our credit card, or the shipping costs shocked us, or we simply lost interest in our purchase.

Whatever the reason for the abandonment, the simple fact is that the vendor has let untapped revenue slip between their fingers.

Experian CheetahMail’s new white paper, The remarketing report: Benchmark data and analysis for connecting web behavior to email marketing explains the value in marketing to abandoners, reporting that sending reminder emails to abandoners who do not convert after the first abandoned cart email can boost campaign revenue by up to 33 percent.

But why do website visitors abandon their carts in the first place? A study by PayPal and comScore found that 45% of US online shoppers had abandoned shopping carts multiple times in just three weeks. The average cost of abandoned goods in those shopping carts was $109. In the same study, 46% of online shoppers said high shipping charges was a “very important reason” for ditching their carts.

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Today, Experian CheetahMail released “The remarketing Report: Benchmark data and analysis on connecting web behavior to email marketing.” This white paper delves into the details of deploying emails based on website browser behaviors, and reveals some surprising results along the way.

As most of us would expect, abandoned cart messages pull higher open, click and transaction rates than standard promotional messages. However, marketers might be surprised to learn that cart abandoners respond differently to triggered emails that leverage web analytics data. A few specific notes on browsers versus abandoners include:

• Emails sent to cart abandoners (those who have placed an item in their shopping cart but have not converted) with an incentivized offer only pull $0.09 more in revenue per email than those emails that do not contain an offer.
• Meanwhile, customers that only browsed products but did not add any items to their cart (i.e. ‘browsers’) are much more likely to respond to an incentivized email offer.

This report confirms that email marketers don’t need a special remarketing offer to convert abandoners into buyers. This is a positive development for the email industry in that we don’t effectively encourage our customers to abandon their carts with the hope of receiving a discount email at the end of the process.

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We’re honored to have a special guest blogger contributing to our site today: Chris Parkin from Omniture! Read on to hear Chris’ thoughts about the power of email and web analytics integrations.

Email marketing continues to be a mainstay in online advertising, but a few trends are forcing marketers to be more disciplined in the way they reach their customers.

Consider the following:

• Your customers are bombarded with an incredible amount of information every day. They have access to innumerable information sources and an unprecedented amount of flexibility in the ways they connect to these resources. Some estimates suggest that the number of emails delivered annually is approaching 62 trillion messages. To put this into perspective, an estimated 1.2 billion people have Internet access in the world. Therefore, the average Internet user will receive 142 emails every day (including weekends). Also, other forms of digital messaging media are continuing to proliferate. One estimate indicates that 81.2 million text messages will be sent to U.S. mobile phone subscribers this year.
• Expectations have changed too. Your customers expect an experience that speaks to them individually – messaging to their basic demographic or market segment is not enough.

So what do these trends mean for the email marketer? Relevance is more critical today than ever.

Two of the best ways to make your messages more relevant is to incorporate timeliness or behavioral data into your campaigns. Fortunately for marketers, integrating web analytics data into email campaigns is an easy way to make messages both timely and relevant. Many of today’s winning email campaigns are using web analytics data to engage customers by reminding them of a product they recently abandoned on a website, or introducing them to additional benefits of a product they just purchased.

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In the June 30th eMarketer article entitled “The Sad Tale of Abandon Carts,” a strong case is made for the value of abandoned cart emails. These ReMarketing messages have proven for some time to increase email engagement rates and drive higher revenue per email by 50% or more (compared to standard promotional email).

The eMarketer study cites high shipping costs as the top reason why consumers abandon their shopping carts, as well as the desire to comparison shop, a lack of money, and wanting to search for a coupon.

These findings reinforce my rationale for frequently encouraging clients to create abandon cart campaigns. As I see it, ReMarketing should be a key part of almost any businesses’ email lifecycle program, helping maximize potential revenue during checkout.

When it comes to ReMarketing, there are a few critical rules to remember:

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