How Much Do You Spend Aquiring Customers?
For Every $92 Spent Acquiring Customers, only $1 is Spent Converting Them
Though the market has grown rapidly, average online retail conversion rates have fallen.
The fact that, for every $92 spent acquiring customers, just $1 is spent converting them has a lot to do with this.
More 2018 Stats
88% of Online Shoppers Will Use Webrooming to Find the Best Price
On an Average, Businesses Generate $6.50 For Every $1 Invested in Influencer Marketing
69% of B2B Businesses Say They Expect to Stop Printing Catalogs Within Five Years
80% of Consumers Had a Better Perception of Retailers That Offered Mobile Coupons
Only About 22 Percent of Businesses are Satisfied With Their Conversion Rates
More than Three-Quarters of Online Shoppers Would Like their Orders Shipped the Same Day
48 hours after a virtual sales call, buyers only retain 10% of what you talked about.
More Conversion Optimization Stats
68% of Small Businesses Don’t have a Documented CRO Strategy
Referrals Have the Highest Conversion Rates of all Customer Acquisition Channels at 3.74%
Companies see a 55% Increase in Leads when Increasing their Number of Landing Pages from 10 to 15
Only 60% of sales reps meet quota
B2C Companies that Leverage ‘Marketing Automation’ Have Seen Conversions as High as 50%
Using Video on Landing Pages can Increase Conversion by 80%
People are Searching Google for the Phrase “Conversion Rate Optimization” More Than Ever Before
Anchor Text CTAs (Clickable Text in a Hyperlink) Increase Conversion Rates by a Whooping 121%
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