Rising Theft and Falling Trust Spur Consumer Demand for Package Protection
10 July 2024 - 4:00PM
Business Wire
WooCommerce merchants can now access Norton Shopping Guarantee
with Package Protection’s extension from the WooCommerce
Marketplace to instantly insure shipments and boost cart
conversions.
The ecommerce landscape is facing significant challenges with
package theft and consumer trust. According to Capital One, in
2023, over $13.4 billion was lost to package theft, with more than
50% of online shoppers expressing concerns about their deliveries.
Additionally, the Baymard Institute noted that 70% of online
shopping carts were abandoned in 2024, with a quarter of these
abandonments due to concerns about credit card information
security, contributing to a $10 billion annual loss to fraud.
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In response to growing demand from consumers, Norton Shopping
Guarantee with Package Protection by EasyPost has launched for
WooCommerce, now available on the WooCommerce Marketplace. This new
integration aims to provide WooCommerce merchants with the tools
needed to insure shipments, enhance customer confidence, and
increase conversion rates, directly addressing the issues of
package theft and trust.
“Our shopping guarantee aims to provide consumers with a secure
online shopping experience. The integration with WooCommerce allows
us to extend these assurances to more merchants, helping to build
trust and improve conversions,” said Sam Hancock, Chief Revenue
Officer at EasyPost.
Addressing Consumer Concerns
Norton Shopping Guarantee with Package Protection by EasyPost
offers several benefits to help merchants address these
concerns:
- $5,000 Package Protection: Provides shipping insurance
with hassle-free claims for lost, damaged, or stolen packages.
- $10,000 Identity Theft Protection: Offers ID recovery
services and reimbursed expenses to protect customers from
fraud.
- $100 Lowest Price Guarantee: Refunds customers the
difference if the price drops on your website within 30 days.
- $1,000 Purchase Guarantee: Ensures customers receive the
correct product, offering refunds or replacements for incorrect
items.
Boosting Cart Conversions and Repeat Purchases
The Norton Shopping Guarantee trustmarks can be placed
throughout the website and checkout process, reassuring customers
and reducing cart abandonment. This third-party endorsement can
help build customer trust and encourage repeat purchases.
“We are pleased to offer Norton Shopping Guarantee with Package
Protection on our platform. This partnership addresses key consumer
concerns and enhances the shopping experience, benefiting both
businesses and their customers,” said Aleks Bettin, VP of Business
Development at WooCommerce.
Enhancing the Customer Experience
Norton Shopping Guarantee with Package Protection by EasyPost
provides a comprehensive solution for merchants to address the
pressing issues of package theft and trust. By offering these
guarantees, merchants can improve customer satisfaction, boost
conversion rates, and encourage repeat business, all while
maintaining a secure and trustworthy shopping environment.
For more information on integrating Norton Shopping Guarantee
with your WooCommerce store, visit the WooCommerce Marketplace.
Links:
- Add Norton Shopping Guarantee to your WooCommerce store
- Add Norton Shopping Guarantee to your Shopify store
About EasyPost
EasyPost is an award-winning technology leader that provides
innovative solutions to today’s global shipping challenges for
ecommerce brands, fulfillment providers, and online marketplaces.
In addition to their advanced shipping capabilities, EasyPost
offers the Norton Shopping Guarantee with Package Protection, a
unique service that provides shoppers with a robust shopping
guarantee bundled with shipping insurance.
Headquartered in Lehi, Utah, EasyPost is available in over 200
countries worldwide and has executed over one billion shipments.
For more information, go to easypost.com and follow them on
LinkedIn, Facebook, and Twitter.
About WooCommerce
Woo is the company behind the leading open-source ecommerce
platform, WooCommerce, powering 30.5% of the top million online
stores.* Built on WordPress, WooCommerce empowers anyone, anywhere,
to sell anything with truly unlimited extensibility, flexibility,
and control over how they build and evolve their business.
Launched in 2011 and acquired by Automattic in 2015, Woo is a
fully distributed company with employees based around the
world.
* StoreLeads, StoreLeads.app, June 2024
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version on businesswire.com: https://www.businesswire.com/news/home/20240710192677/en/
Lori Boyer Senior Manager of Marketing Communications
Email: lboyer@easypost.com