Potential Revenue Lost Due to Abandoned Cart Product Report
A calculation of the potential revenue lost for each product based on the number of abandoned carts and the quantity of products left in those carts.
Abandoned Cart Created Month
The specific month during which a customer initiated a cart but failed to complete the checkout process.
Abandoned Count
The number of carts abandoned during the period
Abandoned Quantity
The number of products that were abandoned before purchasing
Total Revenue Lost
The projected revenue loss calculated by multiplying the quantity of abandoned products by their respective prices
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Benefits
Analyze Revenue Loss Patterns
Assess revenue lost from abandoned carts across various time frames to spot trends and identify periods with higher losses
Identify High-Risk Products
Determine which products are most frequently abandoned, & abandoned cart numbers have increased
Enhance Product Strategy
Filter and analyze the performance of abandoned products during normal and peak periods to understand their impact on overall sales
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