Magento extension Reckless - Realtime Cart Abandonment Detection and Prevention by recklessio
MageCloud partnered with recklessio to offer Reckless - Realtime Cart Abandonment Detection and Prevention in your MageCloud panel for our simple 1-click installation option. To install this extension - create your account with MageCloud and launch a new Magento store. It takes only 3 minutes.
recklessio always provides support for customers who have installed Reckless - Realtime Cart Abandonment Detection and Prevention Magento module. Feel free to leave a review for the company and the extension so we can offer you better products and services in the future.
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Use machine learning to predict if a customer will checkout and take an action before the cart abandonment.
Compatible with Magento 1.x
Reckless - Realtime Cart Abandonment Detection and Prevention
About Reckless Data
We are building accessible decision support tools; to empower retailers with tools like those of Amazon.
Reckless Prediction
This Magento extension learns from your historic Magento operational data and predicts whether a given online customer or guest will checkout or not.
The system analyses user behaviour in realtime and predicts the checkout intention of the user.
Depending on the predicted checkout intent (Y/N), a personalised coupon code can be generated to either convert the leaving customer and prevent a cart abandonment; or increase the cart vale of the engaged customer. We also use external variables like holidays, weather etc. in our machine learning models.
By default, coupon codes are generated every 5 minutes for online customers and the coupon code gets displayed to the customer when he/she adds another item to their cart.
Why use Reckless Prediction ?
a) Increase Average Order Value: If the predicted checkout intent is a “YES” and the AOV for this customer is higher that the current quote, you can offer targeted promotion to increase the Cart value.
b) Increase conversion & reduce abandoned cart : If the predicted checkout intent is a “NO”, you can entice the customer to checkout by giving a time limited coupon code or free shipping.
c) Increase Lifetime value: If the predicted checkout intent is a “YES”, you can offer a