Implementing HelpFlow 24/7 live chat not just improved customer experience on the website but also reduced abandonment rates, boosted average order value, and achieved a 22X conversion rate impact for this high-traffic fine jewelry company.
A recent HelpFlow client is a fine jewelry retailer that sees 200K visits per month to their online store, over half of which comes from nighttime browsers (when live-chat was unavailable).
However, cart abandonment rates and abandoned checkout rates were high—leading to a significant loss of revenue.
HelpFlow was able to implement a multi-tiered strategy focused on reducing payment screen abandons and engaging visitors who showed interest in multiple products.
As a result, HelpFlow’s 24/7 live chat allowed for a massive increase in KPIs across the board, including revenue impact, conversion rates, and average order value—all in a single month.
Goal: 3X Revenue Impact.
Results: 110X Revenue Impact
Goal: 45 New Sales.
Results: 235 New Sales(5X More)
Conversion Rate w/ Live Chat: 22X Higher Than Without It
Revenue Impact: Revenue increase for every $1 invested with HelpFlow.
Conversion Rate: Percentage of visitors who turned into paying customers.
AOV: Average order value per sale.
Goal: 3X Revenue Impact.
Results: 110X Revenue Impact
Goal: 45 New Sales.
Results: 235 New Sales(5X More)
Conversion Rate w/ Live Chat: 22X Higher Than Without It
AOV of Visitors Engaged in Chat: 19% Higher Than Without It
Revenue Impact: Revenue increase for every $1 invested with HelpFlow.
Conversion Rate: Percentage of visitors who turned into paying customers.
AOV: Average order value per sale.
The jewelry industry is notoriously packed with intermediaries, go-betweens, and middlemen.
The problem is, with each new hand a piece touches, the overall cost to the consumer rises.
As a result, a $500 piece of jewelry can see upcharges of anywhere from 100-500%.
The client’s goal is to change that model.
By cutting out the middlemen, they’re able to provide beautiful, ethically sourced jewelry to consumers without the extravagant prices of competitors.
Plus, all pieces are made through a family-owned production house with over 40 years of proven expertise.
On average, the client saves consumers up to 60% compared to other fine jewelry stores.
While the client’s prices are without a doubt its most industry disrupting qualities, its online shopping experience comes in at a close second.
With a plethora of product reviews, plenty of high-def photos, numerous customization options, and free shipping and returns, it’s clear the client knows what it takes to make an online shopping experience successful.
It’s no wonder that after just under 5 years, the client has been able to achieve an impressive rate of traffic at more than 200,000 visitors per month.
The jewelry industry is notoriously packed with intermediaries, go-betweens, and middlemen.
The problem is, with each new hand a piece touches, the overall cost to the consumer rises.
As a result, a $500 piece of jewelry can see upcharges of anywhere from 100-500%.
The client’s goal is to change that model.
By cutting out the middlemen, they’re able to provide beautiful, ethically sourced jewelry to consumers without the extravagant prices of competitors.
Plus, all pieces are made through a family-owned production house with over 40 years of proven expertise.
On average, the client saves consumers up to 60% compared to other fine jewelry stores.
While the client’s prices are without a doubt its most industry disrupting qualities, its online shopping experience comes in at a close second.
With a plethora of product reviews, plenty of high-def photos, numerous customization options, and free shipping and returns, it’s clear the client knows what it takes to make an online shopping experience successful.
It’s no wonder that after just under 5 years, the client has been able to achieve an impressive rate of traffic at more than 200,000 visitors per month.
Before HelpFlow started working with this client, they were successful, but they were looking for better ways to move the needle in their business.
Like other high-traffic eCommerce businesses, the client experienced high rates of cart abandonment and checkout abandonment (see Benchmark Numbers).
Added to that, just over half of all their customers were browsing in the evenings.
So while they did have a live chat team in place (internal employees), these team members were not available to field questions after business hours.
They were also hesitant to hand off part of their customer service to a third party, believing that it’d be far too difficult to teach all the ins and outs of their business to an outside team.
In the end, the client needed to see a number of things happen in order for our partnership to be a success.
Take the first step today and schedule your free strategy call.
Average Traffic: 200,000 per month
Traffic Split: 45% during operating hours, 55% outside of operating hours
Average Conversion Rate: 0.23%
Abandoned Cart Rate: 89%
Average Traffic: 200,000 per month
Traffic Split: 45% during operating hours, 55% outside of operating hours
Average Conversion Rate: 0.23%
Average Traffic: 200,000 per month
Traffic Split: 45% during operating hours, 55% outside of operating hours
Average Conversion Rate: 0.23%
Abandoned Cart Rate: 89%
Abandoned Checkout Rate: 88%
After learning more about the client’s business and their unique needs, HelpFlow put together a customized strategy that would help the fine jeweler achieve all of their goals throughout the partnership.
This strategy was built on a multi-pronged approach, using 4 specific strategies:
The first part of HelpFlow’s strategy revolved around reducing cart abandonment.
As any successful eCommerce business knows, rampant cart abandonment can be devastating for revenue (see “Stats on Cart Abandonment”).
This is especially true for industries where cart abandonment happens after business hours like in the evenings or over the weekend.
This client was no exception.
Over half of their traffic came in outside of business hours and they were suffering from an especially high abandonment rate (nearly 90%).
HelpFlow’s service was designed to tackle both of these problems.
1. After-Hours Shopping – HelpFlow agents are available 24/7 to respond to live chat requests. Evenings, weekends, holidays—online businesses never take a break. And neither do we. This, of course, would be a huge step up for the client since their team was only available to answer questions during business hours.
2. Checkout Abandonment Prevention – With over 200+ clients served and 1,000,000 chats answered, HelpFlow has created a comprehensive system for predicting cart abandonments before they happen. As such, specialists are able to reach out to shoppers before they start to abandon (i.e. 1-2 steps before) in order to answer questions, re-engage shoppers, and prevent abandoned carts.
After analyzing the client’s business, HelpFlow determined they would need to convert between 3-5% of checkout abandons in order to make their partnership profitable for the client.
End Goal for Positive Revenue Impact: Convert Between 3% & 5% of Checkout Abandons (15 -25 Sales)
Cart abandonment is a serious issue for eCommerce businesses today.
But what do the numbers say?
Below are a few statistics to shed some light on the damage that unchecked cart abandonment can cause for your business.
Take the first step today and schedule your free strategy call.
In addition to preventing checkout abandonments using 24/7 live chat, HelpFlow is also able to meet or exceed revenue impact goals by engaging with interested browsers on the client’s website.
HelpFlow agents will engage with visitors across the client’s entire website, including at checkout, in their cart, but also on product pages, services descriptions, about us pages, and more.
Now, HelpFlow isn’t just a service to respond to your site visitors’ questions. It also proactively engages with visitors who are interacting with your content.
Here’s an idea of how this works.
With HelpFlow’s 24/7 live chat, you and our specialists can:
1. Track Time & Scroll Depth: This provides a better understanding of how long a visitor is engaging with your content and see how deep they’re scrolling through the page. You can also see engagements on the pages (e.g., switching between specification tabs, etc.). The benefit is you get a much clearer picture of whether they’re truly interested in learning more about your product or service.
2. Track Multi-Product Views: Comparison shopping is especially common among online consumers. With HelpFlow, you and our specialists can see when visitors are switching back and forth between products, indicating that they’re likely weighing one option versus another.
3. Engage to Move Into a Purchase: With this information, our agents are able to engage with visitors at the most opportune time to answer questions, provide suggestions, remind consumers of specific benefits, and ultimately guide them towards a purchasing decision.
Using these specific benefits, HelpFlow determined they would need to convert atleast 0.03% of multiple product viewers on the site with live chat.
End Goal for Positive Revenue Impact: Convert at Least 0.03% of Multiple Product Viewers (20 Sales)
According to Forrester research, shopping cart abandonment currently causes eCommerce brands to lose a staggering $18 billion in yearly sales revenue.
Reasons for abandoning carts can include lack of clarity about the order, questions about shipping or discounts, and “just browsing”, according to OptinMonster.
On phone devices, Barilliance says cart abandonment can be as high as 80.79%.
Barilliance tells us that cart abandonment email open rates are incredibly high at around 43.3%.
Revenue Impact: Revenue increase for every $1 invested with HelpFlow.
Conversion Rate: Percentage of visitors who turned into paying customers.
AOV: Average order value per sale.
Incorporating high-quality 24/7 live chat does more than just preventing checkout abandonment. It can also give active shoppers the touch of customer service needed to drive a sale.
Here are some statistics to show how live chat helps boost conversions.
Take the first step today and schedule your free strategy call.
Last but certainly not least, many businesses are wary of live chat services because they think that there’s simply no way another company can understand their business.
There are too many finer details. Too many exceptions to the rules. And too many multi-hour training sessions needed to explain all the ins and outs of it all.
And for some live chat services, that might be true.
But HelpFlow has developed a comprehensive and methodical onboarding process that’s designed to learn every inch of the business from the inside out.
It’s built on a foundation of:
Our experience lets us predict some of the most common questions your customers are bound to have.
But for the more complex questions, we also build a dynamic and robust knowledge base for each client.
Previous chats, helpdesk info, spec sheets, buyers guides, competitor websites—we pull in an extensive amount of information to let our agents seamlessly answer your customers’ complex questions.
Over the course of working with clients, the unique knowledge base is continuously updated using customer and client feedback too.
Best of all, this knowledge base is built entirely by HelpFlow’s team, not the client.
It’s a massively efficient system that makes it simple for HelpFlow to hit the ground running and let the client stick to running their business without spending hour after hour onboarding.
From January 15th to February 15th, HelpFlow was able to achieve the following results for the client:
“Revenue Impact” is a way to measure the value of a new service brought to the company compared to the amount spent on that service.
Before working together, HelpFlow was aiming for a Revenue Impact of 3, meaning they would have earned the client 3 times their investment.
But in just 1 month, HelpFlow actually achieved an astounding Revenue Impact of 110. That means the client saw 110X more revenue generated than what they invested with HelpFlow.
The enormous Revenue Impact was fueled by a plethora of sales that were being driven by live chat.
After they started working with HelpFlow, the client saw an additional 235 new sales in just 1 month alone.
To put that into perspective, there were 620 other total sales made without chatting with HelpFlow.
As a result, HelpFlow’s 24/7 chat drove nearly 38% more sales in that time period than what would have occurred without it.
Within the time period of January 15th through February 15th, about 267,187 visitors browsed the client’s website.
Of those visitors, about 0.23% became customers without chatting (620 as mentioned above).
But of those who did chat, about 5.06% became paying customers (235 as mentioned above).
This means that HelpFlow’s live chat was able to drive 22X more conversions compared to non-chat visitors.
Average Order Value or AOV also saw a surprising boost when live chat was involved.
The AOV of customers without using chat was $982.52.
But when HelpFlow’s live chat was involved, AOV jumped to $1,166.61.
That’s an 18.74% increase.
Needless to say, it was just one more welcome surprise for the client.