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.
Product Title
Name of unsold product.
Count
Number of times the product combination was purchased.
Quantity
Quantity refers to the number of product units available for sale
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
Related Reports
Abandoned Cart With Customer Details
Date-wise records to identify customers who abandoned their carts, including cart status, product quantity, and cart value for each instance.
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