Closing the experience Gap in Digital commerce

Today’s shoppers expect more than fast websites and competitive prices. They want personalized recommendations.

Latest Insight

Summary

Today’s shoppers expect more than fast websites and competitive prices. They want personalized recommendations, simple checkout, and rich visual content that helps them trust what they are buying. Many retailers fail to meet these expectations, and this gap—called the experience gap—leads to lost sales and weak customer loyalty.

Closing the experience Gap in Digital commerce

Closing the Experience Gap in Digital Commerce

 

Today’s shoppers expect more than fast websites and competitive prices. They want personalized recommendations, simple checkout, and rich visual content that helps them trust what they are buying. Many retailers fail to meet these expectations, and this gap—called the experience gap—leads to lost sales and weak customer loyalty.

 

The Experience Gap

Around 70% of online shopping carts are abandoned before checkout. That means most potential sales never happen.

The average e-commerce conversion rate is only 3–4%, which shows how hard it is to turn visits into purchases.

Shoppers now expect more personalization, but many retailers still show the same products and messages to everyone.

 

 

What Works: Proven Solutions

  • 1. Personalization

Studies show that personalized shopping experiences can increase revenue by 5–15%, and sometimes up to 25%.
Examples:

Product recommendations based on browsing history.

Personalized emails reminding shoppers about items left in the cart.

  • 2. Better Visual Content

Customers buy what they can see.

Pages with product videos can increase conversions by up to 80%.

Shoppers are 144% more likely to add to cart after watching a video.

  • 3. Simplified Checkout

Complicated checkout processes are one of the top reasons shoppers leave. Adding multiple payment options, showing shipping costs early, and reducing steps can directly reduce cart abandonment.

 

Real Business Impact

A retailer making $10M in online sales each year could add $500K–$1.5M in revenue simply by using personalization.

Fixing cart abandonment and improving checkout could recover millions in lost sales annually.

Using video and interactive images not only drives sales but also reduces product returns, since shoppers know exactly what they’re buying.

 

The experience gap in digital commerce is a challenge—but it is also a huge opportunity. By focusing on personalization, visual content, and smooth checkout, businesses can:

Reduce cart abandonment

Increase conversions

Build stronger customer loyalty

Shoppers today expect more—and the retailers who deliver it will see the biggest growth tomorrow.

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