AI for Reducing Cart Abandonment and Returns
The average cart abandonment rate is 70%. Ecommerce returns cost US retailers $890 billion in 2024, with fashion return rates hitting 24-30%. AI reduces cart abandonment by 18% and size-related returns by 27%. This post shows how to build predictive models that spot drop-off patterns and sizing issues before they cost you money - with Python scripts for abandonment risk scoring and return prediction, plus the Solidus/Rails implementation that wires them into your checkout and product pages.