Boost Your Sales by 15% with Smart Product Progress & Thresholding

Do you want to increase your sales conversion by up to 15% when users visit your product page? Most potential buyers need a little nudge—a sense of urgency—to take action and add items to their cart. That's where Selldone's unique smart feature comes into play. By utilizing our Product Progress Bar and Incentivizing Messages, you can motivate visitors to become customers. This feature is enabled by default, but you have the flexibility to customize it for each product.

Default Product Thresholding Values

Selldone's smart progress bar and messaging system are designed to encourage buyers based on product performance automatically. By default, the system displays:

• Progress Bar: Shows the proportion of items sold relative to the total stock when sales exceed 10% of the combined stock and sold items.
• In-Cart Indicator: Alerts users when more than 10% of the stock is currently in other shoppers' carts.

These default settings work seamlessly to create a sense of urgency and popularity around your products, encouraging potential buyers to make a purchase before it's too late.

Override Thresholding Values

Want to tailor the experience even further? You can customize these thresholds to better suit your products and sales strategy. Here's how:

1- Navigate to Product > Inventory > Thresholds in your Selldone dashboard.

2- Adjust the following settings:

Progress: Define the threshold at which the progress bar appears. For example, setting it to 0.08 means the bar will show when sold items exceed 8% of the total stock and sold items.

In Cart: Set the percentage of stock that, when added to carts by other users, triggers an indicator. For instance, 0.08 means the alert shows when 8% of your stock is in carts.

 

Note: For physical and virtual products, if the inventory is zero, the progress bar will not be displayed regardless of other factors. This ensures that customers are not misled by progress indicators when the product is out of stock.

Threshold Levels & Custom Messages

To make your products even more enticing, you can set specific conditions and messages that match the product's sales and stock levels. Here are the threshold levels you can configure:

🔥 Critical

Message: "🔥 Popular choice! Stocks are running low, grab yours while you can!"

• Min Sales: Set the minimum number of sales required to trigger this message. [Default is 50]
• Min Quantity: Define the minimum stock level. [Default is 0]
• Max Quantity: Set the maximum stock level. [Default is 100]

🌟 High

Message: "🌟 Highly sought-after item! Get it before it's gone."

• Min Sales: Minimum sales threshold. [Default is 5]
• Min Quantity: Minimum stock level. [Default is 0]
• Max Quantity: Maximum stock level. [Default is ∞]

🛒 Moderate

Message: "🛒 Limited stock available! Don't miss out!"

• Min Sales: Minimum sales threshold. [Default is 0]
• Min Quantity: Minimum stock level. [Default is 20]
• Max Quantity: Maximum stock level. [Default is 200]

⏳ Low

Message: "⏳ Almost out of stock! Act fast before it's too late!"

• Min Sales: Minimum sales threshold. [Default is 0]
• Min Quantity: Minimum stock level. [Default is 1]
• Max Quantity: Maximum stock level. [Default is 20]

Important Notes:

• Order Matters: Conditions are checked from top to bottom. The first condition met will trigger its corresponding message.
• Initial Progress Display: To show the progress bar from the start, set the 'Show Progress' threshold to zero.
• Sales Comparison: The system compares Min Sales with the product's total sales, including all variants.
• Stock Comparison: The system compares Min/Max Quantity with the selected variant's stock or, in marketplaces, the vendor's inventory.

By customizing these thresholds and messages, you can create a personalized shopping experience that encourages quick action from your customers.

Why Use Smart Progress & Thresholding?

• Increase Urgency: Highlighting low stock levels or high demand can prompt buyers to make faster decisions.
• Build Trust: Showing real-time data on sales and stock levels adds transparency.
• Enhance Engagement: Personalized messages make the shopping experience more interactive and enjoyable.

Get Started Today

Implementing smart product progress and thresholding is a simple yet effective way to boost your sales. Whether you stick with the default settings or customize them to fit your needs, this feature is a powerful tool in your e-commerce arsenal.

Ready to see the difference it can make? Head over to your Selldone dashboard and start customizing your product thresholds now!

Need help or have questions? Feel free to ask here in comments.