What do you know about Conversion Rate Optimization?

A Typical Website Conversion Rate is about 2.35% on Average

Conversion is a key element in your paid search strategy; after all, if you’re not actually turning lookers into buyers at a high rate, what are you advertising for? Conversion rate optimization enables you to maximize every cent of your PPC spend by finding that sweet spot that convinces the maximum percentage of your prospects to take action.

But what is a good conversion rate? If you’re already achieving 3%, 5% or even 10% conversion rates, is that as high as you’re going to go? But what is a good conversion rate? Across industries, the average landing page conversion rate was 2.35%, yet the top 25% are converting at 5.31% or higher. Ideally, you want to break into the top 10% — these are the landing pages with conversion rates of 11.45% or higher.

We recently analyzed thousands of Google Ads (formerly known as AdWords) accounts with a combined $3 billion in annual spend and discovered that some advertisers are converting at rates two or three times the average. Do you want to be average, or do you want your account to perform exponentially better than others in your industry?

Through our analysis of this massive amount of data on landing pages and conversion rates, we were able to identify some common traits of the top converting landing pages. What do they have that you don’t? Believe it or not, there isn’t much standing between you and conversion rates double or triple what you’re seeing today. But the way you’re going to get there is totally counter to typical conversion rate optimization wisdom.

More 2019 Stats

65% of Consumers Look Up Price Comparisons on Mobile While in a Physical Store

22% of Online Retailers Still Don’t have a Mobile-Friendly Website

Businesses with over 40 Landing Pages Generated a Whopping 12 Times More Leads than those with 1-5 Landing Pages

71% of salespeople are using social selling tools

Younger People Spend More Time Shopping Online than Older People

People are Searching Google for the Phrase “Conversion Rate Optimization” More Than Ever Before

Only 15 percent of sales calls add enough value, according to executives surveyed.

The Number One Reason People Shop Online is Because They Can Shop 24/7

81% of people prefer to open emails on their smartphones

Cyber Monday Emails Generated 53 Percent Higher Conversion Rate than Black Friday Emails

More Conversion Optimization Stats

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

Micro-Influencers are Capable of Generating 22.2X Higher Conversion Rates than Other Types of Influencers

Anchor Text CTAs (Clickable Text in a Hyperlink) Increase Conversion Rates by a Whooping 121%

B2C Companies that Leverage ‘Marketing Automation’ Have Seen Conversions as High as 50%

People are Searching Google for the Phrase “Conversion Rate Optimization” More Than Ever Before

But Removing the Navigation Menu can Increase Conversions by 100%

Businesses with over 40 Landing Pages Generated a Whopping 12 Times More Leads than those with 1-5 Landing Pages

There is a 70% greater likelihood of converting re-targeted visitors vs. those who are not

Companies see a 55% Increase in Leads when Increasing their Number of Landing Pages from 10 to 15

Conversion Rate Optimization (CRO) Tools Offer a 223% ROI on Average

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