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You can perform automated follow up with customers who left the
cart without successful checkout.
Too many steps needed to check out
Requiring email-verified accounts before accepting payment
Having restrictive payment options
Reduce the Importance of Registration.
Some online shops do not allow to fulfill any steps without
registration. which is very distracting and makes most clients really
angry what results in a high bounce rate.
Make Checkout Options as Simple as Possible
Coupon fields that capture the buyer concentration to come again
on check out page by offering different discount packages to them
In market there are so many different extensions about Abandoned
Cart. But Magento Abandoned Cart Reminder Module is one of the
effective Extension to fulfill desired results .
For More FMEExtensions visit our web site
You can also follow us on face book and twitter
http://www.magentocommerce.com/magento-connect/abandoned-
cart-reminder-16414.html