ThriveCart Review 2023: Is It Worth Your Investment?
ThriveCart Review 2023: What Can You Expect?
When you’re launching you obviously want to ensure that you got all your ducks in a row.
With so many options to choose from, it becomes difficult to decide on which one to go for.
You want your checkout cart to be visually pleasing + you want it to be optimized for conversions.
Your shopping cart is one of the key elements of your sales process and that is where the $💰 is made. You can't ignore this piece of your process, you can't use anything that will do the job of taking the money and giving access, you need the ABSOLUTE best.
There are some features that are ESSENTIAL to your shopping cart, if your current cart does not have it, it is time to make the switch.
Based on my research on numerous cart options, I find ThriveCart to be THE ABSOLUTE BEST.
Let me take you through its features so you know what I mean when I say it’s the best you can get.
ThriveCart Features: What You Need To Know?
1- Click Upsells
Upsell is the 2nd offer you make to your clients after they have bought the 1st.
When I say 1 click upsells, it means that they won’t have to add their payment details all over again to purchase your second offer, they just have to click that1 button and they can purchase the 2nd offer.
This feature makes it so easy for them to make the 2nd purchase, as sometimes the drill of adding all the details again makes people not want to buy,
And when someone made their 1st purchase with you, that is the PERFECT time to pitch a second offer to them, doing so increases your cart value and they get another great deal to pair with the first item they bought.
Downsell is just the reverse of what happens in an upsell.
ThriveCart lets you offer a lower-priced product if they did not take you up on the upsell offer you made.
This feature lets you offer a few options at various price points to your customer, so if they can't take the upsell they could choose something else that might fit their needs and budget at that point.
Order Bumps let you increase your profit margin in any sales you make. The process is very easy. You just need to have a box that your clients can toggle on. These small purchases, which seem so little, add up in the end for you.
This Thrivecart feature may seem insignificant, but if you put a great complimentary offer in front of them it is very easy for them to say yes and add it to the cart, which increases your total cart value.
What you must keep in mind here is that your order bump should be highly related to your main product. Plus, don’t keep the price more than half of the initial offer.
Varied Subscription Plans:
When running a membership site the flexibility to charge at different intervals is huge. And Thrivecart lets you charge daily, weekly, every 2 weeks, monthly, quarterly, every 6 months and even yearly. This is surely an unmatched feature.
Also, Thrivecart allows a trial period when you do a 1-time payment.
Multiple Cart Layout Options:
You can have multiple options on one cart page.
You can also send them to different URLs based on the package they buy.
Various Options for Cart Layout:
Embedded Cart- Popup Cart - Sales Cart - Standard Cart
This Thrivecart feature enables you to create a varied variety of carts.
- You can create a stand-alone cart and link to it via a call to action button or hyperlink.
- You can create a popup cart, which pops up at the click of a button.
- You can also embed a cart right on the sales page if you want to reduce the number of clicks people have to make before they buy from you.
This one feature of Thrivecart makes it such a flexible tool to use in your business.
Split testing, as it is referred to, refers to a randomized experimentation process wherein two or more versions of a variable such as a web page, or page element, are shown to different segments of website visitors. Essentially, A/B is used to eliminate all the guesswork and enables optimizers with data-backed decisions.
Figuring out what makes your visitor buy, will help you as you do more of that.
A/B testing helps you improve the conversions of your offer by split testing two variations of your checkout pages.
ThriveCart is an extremely useful software since it has made it convenient for us to set up a split test.
You can split-test elements like price, payment options, overall checkout design, and even test which testimonials work the best.
Retargeting is a major factor in marketing. Also known as remarketing, it is a form of online advertisement that can keep brands in front of bounced traffic after they visit your website.
Retargeting is the most efficient method to push your prospect to make the purchase. In its most basic sense, it means to bring someone back to your offer.
It proves useful because here you’re not going after your target audience, you’re literally going after the people who were on the verge of buying your offer.
Retargeting improves the chances of you making a sale because it brings the offer in front of the person who was interested and gives your prospect a second or third chance to buy.
Affiliate Management Centre:
Affiliating is one of the best ways to sell your offers online.
With affiliates, your marketing strategy becomes much more cost-effective.
This is because you can reach a targeted audience through qualified affiliates and only pay them if the product is sold.
Affiliates guarantee more leads and they do all the work to spread the word about your offer, this is what makes it so reliable and trustworthy. More like a marketing arrangement where an online retailer pays a special commission to an external site for more sales and conversions.
One of the main attractions in ThriveCart has to be its Affiliate Management Centre.
This lets you do everything from creating affiliate programs to managing marketers.
ThriveCart sets itself apart from its competitors because it enables the affiliates to add a tracking ID to all affiliate links.
This helps them to keep a note of how they’re performing in the market.
You can also set the % affiliate commission you desire and how many days after the purchase is the payment due.
Thrivecart also has a feature to let you provide your affiliates with all the resources they need to promote your product within the app.
The app also lets you choose how you want to pay your affiliates the commission. You can either do it manually or automatically.
Plus you have so many options for customizing the experience for your affiliates.
The customer hub on Thrive Cart is a specified area that helps customers view their past purchases, check invoices, and review their subscriptions.
This can be viewed by your clients via a link that thrive cart's automated system sends them as soon as they buy your offer.
This hub also facilitates them in updating their personal information with no hassle.
This Thrivecart feature will make it easier to resolve customer doubts and queries. This most certainly reduces the pressure on you.
This hub has proven to be the one-stop shop for all customer concerns over the years.
ThriveCart offers a two-factor authentication system to provide another additional layer of security for its users.
This is an optional step for users but guarantees protection from any kind of unauthorized access to your account. This serves as an extra layer of protection which is used for ensuring the security of these online accounts by protecting it from being trespassed.
The 2-factor authentication is basically about ThriveCart sending its users a 6-digit code, which they are required to enter at the time of login.
The most recommended app for this procedure is Authy. You can simply download it on your mobile and you’re good to go.
ThriveCart recently launched this brand-new feature, which lets you add videos to your cart.
The videos should be in MP4 format. You can just easily drop an image element and upload the video into your cart. Including a video on your landing page can drive the conversion rate up to 80%! Also, most consumers do say that a video was the reason why they brought home a certain product or service.
Coupons are a great way to generate more revenue since you’re offering a discount on your offer price. And discounts have been long known to lure people.
You can create a coupon URL by simply heading on to the products coupon tab and clicking on the “coupons” option.
Here you will get to choose between various options like looking over the past coupons, creating a new one, and checking how many of them have been used.
The “Copy URL” option for your coupon lets you automatically apply the coupon to the visiting client. This feature will show them the discounted rate.
When they see the before and after prices, it makes them feel good about the great saving they are making with your purchase.
It’s a boost of psychological satisfaction for them and increased sales for you.
You can then go into Account Settings > API and webhooks > Webhooks and notification > View Settings.
In Webhooks’ settings, you can edit an existing webhook, and add or remove a webhook.
You can name our webhook too, for easy identification later.
The 2 step cart checkout feature is quite useful in ThriveCart.
It is a popular and effective conversion mechanism, especially for digital marketing.
2-step checkout means dividing the checkout process into 2 segments.
1st step- Collecting users’ contact information and giving them the option to create an account.
2nd step- Collecting the payment.
This type of two-step checkout is important when it comes to cart abandonment.
Sometimes people abandon carts at the very last minute, so this feature helps you follow up with them since they’ve already gone through step 1 successfully.
This is a good feature, as you can then follow up with them with emails and ask them to complete their purchase.
After step 1, users find it difficult to abandon after filling in their details. It is called micro commitment.
This feature helps in increasing sales as you have the ability to reach out to those who did step one but did not complete the purchase.
You can review detailed stats on ThriveCart. These include gross and net revenue generated, orders, page visits, conversion rates, and much more…
It also provides you with a graph which contains the sales you made in the past x days. Such detailed statistics help you analyse your market and know in which direction you’re headed.
Thrivecart allows you to link with Authorize.net, Google Pay & Apple Pay in addition to Stripe and PayPal.
Giving more payment options always helps in conversions.
Making payment gateways like these helps in boosting conversions too. Now you can conveniently make payments anytime, anywhere!
Sometimes you may wish to incorporate an inclusive product or maybe the same product at a different price, with the main purchase which your customer has made. ThriveCart offers a provision for that as well.
Instead of getting into hassles of refunds or cancelling orders, with ThriveCart, you can easily replace the items in your cart and even replace payments.
The ThriveCart system sends an automatic invoice receipt to the customers after they’ve purchased your offer. This is a default setting and is very useful since it saves you from the admin work.
People love to get authenticated receipts for their purchases, it makes them feel safe about the purchase they just made.
Thrivecart will send an invoice with your address and their address, plus any brand elements you have added.
ThriveCart poses an automatic abandonment email collection system. This software helps you follow up with people who abandoned their carts at the very last minute.
Following up with abandoned cart customers increases your probability of making a sale.
The best part about ThriveCart is that everything is AUTOMATIC.
A modal cart helps the customers view their shopping cart status. It includes the items they are buying, their subtotal and a drop-down which shows necessary information.
This includes the items they’ve added to their carts, how much of each, subtotal, etc.
They can also see which product they added last and so on. It helps them keep a track of their shopping.
Free Trial Period:
People love to give things a test ride before buying it, and a free trial is a perfect way to give them a taste of what it is like to work with you.
With ThriveCart, you can give a free trial to your customers.
ThriveCart offers free trials for one-time payments and free/paid trials for subscription plans as well.
This way your customers can try what you have to offer for free before making an investment, free trials convert really well to paid offers.
Built-in Tax Calculation ( This is huge):
ThriveCart automatically and accurately calculates the sales tax, based on various factors like location, product type, and other variables.
In some countries, it is mandatory to charge GST/ VAT and Thrivecart is able to calculate this for you based on your country and the country where the purchase is happening. This helps you stay compliant with your country's laws with ease.
ThriveCart will notify people when their payments are due or they’ve had failed payments. This saves you the time and effort of chasing your clients to complete their payment process.
This built-in feature helps you manage payments, without having to take any headaches for it.
ThriveCart lets you sell physical products in addition to digital products. This is a very handy feature when your business does both kinds of products.
ThriveCart also comes at a great price! It starts at a one-time cost of $495. The pro version is $690 and has some additional features like an affiliate system.
Most carts of this kind will normally come at a monthly cost of 99 USD, this is a great deal at $495 for life.
If you want the support that Lisa, James, and Kilah, Hardus got, signup for Thrivecart using my partner link here.
Disclaimer: This message does contain affiliate links meaning if you click on one of those links and end up making a purchase after doing so I might receive a small commission. I only promote products and events that I truly believe in.