Reducing Cart Abandonment of a Social Shopping Platform with Data Visualization

Our Client

  • India’s first all-women social shopping platform focused on clothing and accessories for women, men, and kids.
  • The store engages over a million users with unique features, allowing them to create virtual scrapbooks to showcase their custom-curated styles.
  • They offer a centralized space for users to earn rewards from their scrapbooks, turning personal style into a potential income source.

Problem Statement

Inconsistent sales tracking and a high cart abandonment rate limited their revenue growth and regional sales insights. Here are the key issues that our team identified during the discussion:
    • Inconsistent Sales Tracking: Inaccuracies in sales data caused misalignment between expected and actual sales performance, making it difficult to measure true sales progress.

    • Limited Insights into Non-Buyer Behavior: The client lacked a comprehensive understanding of why potential customers abandoned their purchases, impacting revenue growth without clear data on purchase barriers.

    • High Cart Abandonment Rate: A significant number of users were leaving items in their carts without completing the transaction, resulting in lost sales opportunities with unknown causes.

    • Location-Based Sales Analysis: Difficulties in accurately tracking sales across different regions hindered the client’s ability to understand regional consumer behavior and optimize marketing strategies for specific locations.

    • Missing Funnel Analysis: The client required an in-depth analysis of their sales funnel to identify where customers were dropping off for tracking and improving conversion rates.

Our Solution

To address the client’s data challenges, a structured data infrastructure was designed with Amazon Redshift and Power BI.

  • Data Lake with Amazon Redshift:  Set up a centralized data lake in Amazon Redshift to store all data in one place, making it easy to manage and retrieve both structured and unstructured information.
  • Organized Data Views:  Created simple, organized views of data using SQL to transform raw data into clear, actionable tables that fit the client’s business needs.

  • Secure Data Transfer via VPN: Established secure VPN connections to ensure all data transfers between sources, the data lake, and analysis tools were encrypted and protected.

  • Automated ETL Process: Automated the data cleaning, organizing, and loading process (ETL) so that data would always be ready in real time for analysis, without manual delays.

  • Power BI Dashboards: Built interactive dashboards in Power BI to show key insights like sales trends and conversion rates, using easy-to-understand visualizations for timely decisions.

  • Scalability for Future Needs: Designed the system to be easily expanded as needed, with ongoing improvements to keep the dashboards and data fresh and relevant.

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Business Impact

The solutions implemented led to improvements in transaction completion, data accuracy, and customer engagement for the client.

    • Streamlined checkout processes and targeted re-engagement strategies resulted in 10,000 additional completed transactions over the past quarter, marking a 25% rise.
    • Cart abandonment decreased by 43%, translating to roughly 5,000 fewer abandoned carts per month due to enhanced checkout features and personalized reminders.

    • Advanced tracking methods improved sales data accuracy by 30%, allowing the client to track and report 15,000 sales monthly with far greater precision.

    • With insights into customer behavior, revenue projections improved by 20%, helping the client make informed financial decisions and forecast an additional $1 million in revenue annually.

    • Personalized experiences and smoother checkout led to a 22% increase in customer retention, with around 4,200 customers now returning each quarter.

    • Location-specific tracking provided a clearer picture of sales by region, contributing to a 18% increase in regional conversions, adding approximately 1350 new sales monthly in high-performing areas.

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