What is a Basket?
Understanding Basket in E-commerce
Quick Definition
A basket (or shopping cart) is a digital interface in e-commerce that allows customers to temporarily store selected products before completing a purchase. It tracks item quantities, calculates total costs, and serves as a critical conversion point in the online shopping experience, bridging product selection and checkout processes.
Understanding the E-commerce Basket
Core Functions of a Digital Basket
- •Product Collection: Temporary storage for selected items
- •Price Calculation: Real-time total cost computation including taxes, discounts
- •Quantity Management: Allow customers to adjust item quantities before purchase
- •Purchase Gateway: Bridge between product selection and checkout process
Basket Abandonment Insights
Average Basket Abandonment Rate: 69.57% across e-commerce industries
Top Abandonment Reasons
- Unexpected costs
- Complex checkout process
- Security concerns
- Limited payment options
Reduction Strategies
- Transparent pricing
- Simplified checkout
- Multiple payment methods
- Trust badges
Basket Optimization Techniques
1. Clear Product Summaries
Display detailed item information, images, and easy modification options
2. Dynamic Pricing Display
Show real-time total, including potential discounts and shipping costs
3. Persistent Cart
Save basket contents across sessions to reduce friction in purchasing
Advanced Basket Strategies
Modern e-commerce tools like Growth Suite enable sophisticated basket management, including personalized interventions for hesitant shoppers. By tracking visitor behavior, these platforms can dynamically display targeted offers, reducing abandonment and increasing conversion rates.
The key is transforming the basket from a mere transactional tool to an intelligent conversion optimization platform.
Put Basket into Practice
Ready to apply these concepts to your store? Growth Suite provides the tools you need to implement effective basket strategies.
Other Terms in "B"
- B2B (Business-to-Business)
- Barcode (EAN/UPC)
- Bayesian Statistics
- Behavioral Analytics
- Behavioral Targeting
- Below the Fold
- Billing
- Black Hat SEO