#conversion-rate

#conversion-rate

According to Baymard Institute's analysis of 50 studies, the average online shopping cart abandonment rate is about 70.22%, meaning roughly seven out of every 10 shoppers who add items to a cart never complete the purchase. In most cases, lost conversions are not driven by a lack of intent but by friction during checkout. Checkout optimization focuses on removing that friction between purchase intent and payment confirmation. Across both small ecommerce stores and global marketplaces, four principles consistently drive measurable improvements: speed, pricing transparency,

"Results contradict widespread expectations of LLM superiority," the authors wrote in the paper's abstract. "Time-trend analyses suggest gradual convergence with traditional channels, but projections indicate LLM will not achieve parity with organic search within the next year. These findings challenge narratives of LLMs as immediate 'Google killers,' while suggesting potential for long-term channel evolution."