Whether You Run a Store or Just Want to Understand One
Even if you don't run an online store yourself, knowing these terms helps you understand how stores manage and sell products. Cart abandonment and conversion rate in particular are among the metrics store operators care about most.
Curious About Online Shopping Safety Too?
If you're curious how to shop safely as a consumer, it's worth also checking out a guide to online shopping safety.
Frequently Asked Questions
How can dropshipping sell products without holding inventory?
The seller only runs the online storefront β when an order comes in, the manufacturer or wholesaler ships the product directly to the customer, so the seller never needs to hold stock themselves.
How can a store reduce its cart abandonment rate?
Simplifying the checkout process and clearly disclosing unexpected extra costs (like shipping fees) upfront are widely cited as effective ways to reduce cart abandonment.