How Much Do you Spend on Optimization?

7 Top Converting Companies Spend More than 5% of their Budgets on Optimization

Source
Adobe

Topic
Conversion Optimization

Year
2018

The key to meeting revenue goals is giving CRO the importance it deserves. It pretty much explains the next CRO stat.

More 2018 Stats

74% of Online Shoppers Rate Product Selection as Important During the Online Search Process

As of Q2 2018, 2.86 Percent of E-Commerce Website Visits Converted into Purchases

48% of all Ecommerce Transactions Are From Repeat Customers

55% of Online Shoppers Tell Friends and Family When Dissatisfied with a Product or Company

54% of Shoppers will Purchase Products Left in Shopping Carts if those Products are Subsequently Offered at a Lower Price

Americans Spend 36% of their Shopping Budget Online

Emails with a Single Call-to-Action Increased Sales 1617%

88% of Online Shoppers Will Use Webrooming to Find the Best Price

When Landing Pages Don’t Ask for Age, the Conversion Rate is Higher

34% of online shoppers are Gen Xers and are between 35 and 54 years old

More Conversion Optimization Stats

96% of Marketers Say ‘Segmentation’ is the Most Powerful Method of Improving Conversion Rate

The Average Conversion Rate of a Facebook Ad is 9.21%

A Typical Website Conversion Rate is about 2.35% on Average

Using Video on Landing Pages can Increase Conversion by 80%

Referrals Have the Highest Conversion Rates of all Customer Acquisition Channels at 3.74%

But Removing the Navigation Menu can Increase Conversions by 100%

85 Percent of Consumers Conduct Online Research Before Making a Purchase Online

Call-To-Actions That Are Surrounded By More Negative Space and Less Clutter Increases a Company’s Conversion Rate by 232%

55.5% of Respondents Planned on Upping their CRO Budgets in the Coming Year

When Landing Pages Don’t Ask for Age, the Conversion Rate is Higher

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