According to Baymard Institute, the average cart abandonment rate is 68.55%; that’s almost 3 in every 4 willing shoppers who abandon their cart without completing the checkout process. If you are currently earning $1.2 million in sales per year, your potential earnings would have been $3.81 million.
So, why do people abandon their carts? A survey conducted by VWO eCommerce determined that the number one reason is Unexpected Shipping Costs. However, if you have a follow up process in place that re-targets your customers with a slight discount, 54% of shoppers are willing to complete their transaction.
Generating enough leads is one of the most crucial aspects of running any successful business. According to eMarketer’s study, 60% of businesses have difficulty generating leads. Capturing just 100 extra email addresses each month, assuming you have a 3% conversion rate with an average sale price of $100, you are missing out on an estimated $3,600 of additional revenue per year.
There are many creative ways to generate more leads from contests, digital eBooks, to prize drawings. Dean Zelinsky for example, the owner of Dean Zelinsky Guitars, generated over 14,000 e-mail opt ins through Fishbowlprizes.com in just a few months. Not only is it a fantastic and innovative solution to lead generation, but it also gives back to the community through charitable actions.
Consumers expect very fast service such as Amazon Prime NOW, Netflix Streaming, even websites have to be fast. A full 47% of consumers expected a web page to load in 2 seconds. For every 1 second delay in page response you could potentially result 7% loss in conversions according to Akamai and Gomez.com. If your Magento store earns $1,000 a day, just an extra second could potentially cost you $25,500 per year!
So how do you improve your Magento store’s performance? Take a look at what Marketfleet did to make their site faster:
Marketfleet is an e-commerce based business in Chico, California that supplies and enriches its customers with luxurious but yet affordable products. As a growing business with multiple store-fronts which markets to the young and impatient, a solution was required to lower page load times for a better customer shopping experience.
With a motto of “Building Brands”, founders Chris Friedland and Dave Bonillas needed a Managed Magento Optimized Hosting Solution to focus specifically on their business, and took on the challenge to increase website performance. Marketfleet partnered with eBoundHost to engineer a custom Magento hosting environment based on the JetRails™ platform, to help to reduce page load times by almost 50% and improve time to first byte by nearly 10X.
Marketfleet’s main challenge was to find a Managed Magento Hosting solution that offered the optimal speed performance . Prior to migration, based on a single user simulation, it took 3.374 seconds on average to reach the first byte of data and 7.404 seconds to load a page.
After being put in the Magento optimized environment, First Byte Time and Load Times were reduced to 0.341 seconds and 4.187 seconds respectively.
“Mostly server management, price, and speed were a few of the issues we previously had. They were the culmination of things that made us decide to change hosting, but everything has been great since moving to eBoundHost!”
Dave Bonillas – CoFounder
www.Marketfleet.com
![]() |
![]() |
![]() |
CASE STUDIES Expert advice, guidance and solutions from ideas to creation. Real transformations. Read Case Studies |
MANAGED SERVICES Changing platforms is only the beginning. Value added services keep you competitive. Learn More |
PERFORMANCE TEST Out-of-the box isn’t good enough for your investment. Discover your bottleneck. Test My Site |
Over the years, I've dealt with many companies. None come close to equaling the service and price offered by eBoundHost.
1) Their technical support people are always available to help with questions. 2)Server and network speed excellent. 3)Everything works great. 4)I highly recommend them!!!Thank you.
Cost, technical support and promptness of return calls are of paramount importance to me since most of my work is done on the road and waiting for a reply is frustrating. eBoundHost has been a pleasure to work with friendly, courteous and professional.
Reliability and customer service that is rare and refreshing. We have been using eBoundHost for several years and unlike many companies who's service wanes over the years, the staff at eBound has consistently delivered top notch performance. Bravo!
I waited to write a review until I had absolutely everything working, thinking that something would come up that eboundhost couldn't solve almost immediately. I've never been so happy to be wrong - their customer support is just incredible.
Fast, reliable, full of features... Over the years, I have used more than a dozen hosts, both the big ones and smaller ones; eBoundHost.com is by far my favorite.
eBoundHost is really the best hosting service in today's marketplace. Fast and efficient customer service with excellent IT knowledge. Good price and many bundled extra options. Highly recommended!
eBoundHost is the best. I have dealt with many hosting providers over the last 10 years. eBoundHost surpasses them all. Absolutely the highest level of quality service anywhere. Do yourself a big favor and sign on with eBoundHost.
SUPER SUPPORT - even during "off hours" - Sundays & holidays. Responses have always been within minutes of the initial call or email. The BEST vendor I have ever used in my 10 plus years as a webhosting services consumer.
I have worked with many hosting companies over the course of my years in the website building and design business. I can say with certainty that eBoundHost.com is among the elite companies. I would and have recommended them to anyone.
I'm Stan Bogdashin, a customer of your hosting company for the past 2 years. Our company provides web design, development and Search Engine Optimization (SEO) services. Want to thank you for helping us by providing great hosting seamless support - this is why I continue to recommend you and don't use anyone else for hosting!
Great customer service. After looking around for a while we signed up with eBoundHost. And I can assure you that we made right decision. Customer service is so good that I don't have words to explain. I would recommend this service to everyone.
eBoundHost.com has the best customer service in ANY industry. Their support staff answers phone calls and emails immediately and they have time and time again gone over and above their responsibilities to make sure I am taken care of and that my clients are happy. I have many websites hosted here from small business to corporate level and have dealt with many hosting companies in the industry and eBoundHost.com is by far the BEST hosting provider there is. Great prices, great service, great hosting packages, and a killer reseller program! THANK YOU AGAIN :)
I was just looking over our emails and adding up how much time you guys have taken to get me squared away with my new eboundhost account. I can't tell you what a relief it is to have fast, dependable hosting and the kind of immediate support I've gotten from you, after having struggled with a sub-standard host for years. eboundhost has, in the short time I've been with you, already saved me hundreds of dollars of billable time. My thanks.
Every time I call with a problem or question, Everyone, especially Denis has always stepped up to the occasion. As usual he solved yet another problem I had. You have a superlative customer service. It doesn't get any better. Keep it up guys.
I came to eBoundHost after a very bad experience with a so called "big boy" - you know one of those places you are only a number. I have been a satisfied customer for more than 4 years now. The support is second to none.