Shopping cart abandonment is a significant challenge for e-commerce businesses, including MagicMade. Customers often add items to their carts but leave without completing the purchase, leading to revenue loss and reduced customer retention. This project leverages Python, Power BI, and SQL to analyze cart abandonment trends, identify key reasons, and suggest actionable strategies to improve conversions.
MagicMade, an online retail platform, has been experiencing a high shopping cart abandonment rate. This issue affects revenue generation and impacts customer experience. The challenge is multifaceted, involving factors such as:
Each abandoned cart represents a missed sales opportunity, directly reducing potential earnings. Understanding why users abandon their carts helps recover lost revenue.
A high abandonment rate may indicate usability problems, such as a complex checkout process, hidden fees, or slow website performance. Improving these factors can enhance user experience and encourage successful purchases.
Analyzing abandonment patterns allows MagicMade to refine marketing strategies. Retargeting, email reminders, and checkout process improvements can help convert abandoned carts into successful transactions.
- Python π (Data cleaning, analysis, and visualization using Numpy, Pandas, Matplotlib, and Seaborn)
- SQL ποΈ (Data extraction, transformation, and aggregation)
- Power BI π (Interactive dashboards for reporting and insights)
User_ID
- Unique identifier for usersUser_Location
- Geographical location of usersGender
- Male or FemaleCart_Contents
- Items in the shopping cartCart_Value
- Value of items in the cartSession_Date
- Date of session activitySession_Duration
- Total time spent in a sessionAbandonment_Reason
- Stated reason for not completing the purchasePurchase_Category
- Category of productsReferral_Medium
- Source of website traffic (Social Media, Search Engine, Email, etc.)Device_Type
- Desktop, Mobile, or TabletCart_Status
- Paid or Abandoned
Originally this Dataset Row Count is 7212 Then Use of Python Code & AI we can generate more 500000 Row Dataset according to previous patteren of Dataset
-
Analyze Cart Abandonment Trends π
- Identify the most common reasons for cart abandonment.
- Examine patterns in user behavior leading to abandonment.
-
Understand Revenue Impact π°
- Calculate total revenue loss due to abandoned carts.
- Analyze cart values of abandoned vs. completed purchases.
-
Optimize Customer Experience π
- Determine session duration trends and their correlation with abandonment.
- Identify user demographics contributing to high abandonment rates.
-
Improve Marketing & Retargeting Strategies π―
- Analyze the effectiveness of different referral mediums.
- Determine the best-performing and worst-performing product categories.
git clone https://github.com/your-username/shopping-cart-abandonment.git
cd shopping-cart-abandonment
pip install pandas numpy matplotlib seaborn powerbi-python-sdk
python analysis.py
Run the provided SQL queries in your database management system.
Import the Power BI .pbix
file to explore interactive insights.
The dataset is analyzed using Python to uncover hidden patterns and trends:
π Python-Generated Visualizations:
The Power BI dashboard provides a real-time, interactive analysis of cart abandonment patterns.
SQL queries were used to extract and transform data before visualization:
πΉ Total Cart Abandonment & Paid Transactions:
SELECT Cart_Status, COUNT(*) AS Total_Count
FROM shopping_cart_data
GROUP BY Cart_Status;
πΉ Abandonment Reasons Breakdown:
SELECT Abandonment_Reason, COUNT(*) AS Abandonment_Count
FROM shopping_cart_data
WHERE Cart_Status = 'Abandoned'
GROUP BY Abandonment_Reason
ORDER BY Abandonment_Count DESC;
πΉ Average Cart Value of Abandoned vs. Paid Transactions:
SELECT Cart_Status, AVG(Cart_Value) AS Avg_Cart_Value
FROM shopping_cart_data
GROUP BY Cart_Status;
- Total Users: 507,211
- State with Highest Customers: Virginia (85,681 customers)
- Highest Cart Abandonment Rate by State: Virginia (42,765 abandoned carts)
- Most Common Abandonment Reasons:
- Complex Checkout: 63,748 cases
- No Guest Checkout Option: 63,746 cases
- Devices and Checkout Complaints:
- Desktop Users: Most complaints about complex checkout
- Mobile Users: Most complaints about complex checkout
- Tablet Users: Most complaints about No Guest Checkout Option
- Average Abandoned Cart Value: $260
- Cart Value Range with Highest Abandonment: $100-$200
- Session Duration Analysis:
- Longer session times (81-120 mins) saw the highest abandonment rates
- Shorter session times (5-20 mins) had the lowest abandonment rates
- Purchase Categories with Highest Abandonment:
- Candle Holders, Wedges, Puzzles, Slippers, Games
- Potential Revenue Loss Due to Abandonment: 50.05% of total revenue
- Reduce the number of checkout steps
- Enable one-click checkout for returning customers
- Provide a clear progress bar to guide users
- Avoid forcing users to create an account before purchasing
- Offer an express checkout option
- Email Reminders: Send abandoned cart reminders with discounts
- Retargeting Ads: Display relevant ads to users who abandoned their carts
- Personalized Offers: Provide discount codes for hesitant customers
- Optimize checkout for mobile users, as they have the highest abandonment rate
- Ensure a fast, responsive mobile site
- Display all fees upfront (shipping, taxes)
- Offer multiple payment options (credit cards, PayPal, Buy Now Pay Later)
- Conduct A/B testing on different checkout designs
- Monitor abandonment trends with real-time analytics
Shopping cart abandonment is a major issue for MagicMade, leading to lost revenue and decreased customer retention. Our data-driven approach has helped identify key reasons behind cart abandonment, allowing us to propose actionable solutions.
By implementing checkout optimizations, guest checkout, retargeting, mobile-friendly experiences, and better pricing transparency, MagicMade can significantly reduce abandonment rates and increase conversions. With a combination of Python (for analytics), Power BI (for visualization), and SQL (for data querying), this project provides a comprehensive solution for improving e-commerce performance.