What's the payback period for abandonment software?

As a Shopify store owner in the competitive DTC space, I'm constantly battling cart abandonment. My ad spend is significant—around $5,000 monthly—but I'm watching potential revenue slip through the cracks. Every abandoned cart feels like money literally vanishing. I've seen stats suggesting the average abandonment rate is 70%, which means for every 10 potential customers, only 3 complete their purchase. That's brutal for my margins. I need a solution that doesn't just track abandonment but actively converts those hesitant shoppers. My current approach of generic discount codes isn't cutting it. I want something smarter—a tool that understands purchase intent, creates genuine urgency, and doesn't just spray discounts everywhere. I'm looking for a precise, data-driven approach that can incrementally improve my conversion rate without killing my profitability. The right abandonment software isn't just an expense; it's an investment that should pay for itself quickly through increased sales and more efficient marketing spend.