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

Users who have a Negative Experience on a Mobile Website are 62 Percent Less Likely to Purchase from that Business in the Future

The Average Order Value of B2C Online Order is $52

81% of Consumers Trust the Advice of Family and Friends Over Businesses

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

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

The Average Conversion Rate of a Facebook Ad is 9.21%

Today, 97% of consumers go online to research products and services.

Longer Mobile Page Load Times Drastically Increase Bounces

The Average Conversion Rate in AdWords Across all Industries is 2.7% on the Search Network and 0.89% on the Display Network

Mobile Traffic Represents 53% of all Ecommerce Traffic

More Conversion Optimization Stats

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

Only 60% of sales reps meet quota

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

Most Companies Spend Less than 5% of Marketing Budgets on Conversion Optimization

8 out of 10 or 82% of Marketers Say Knowing How to Test Effectively is “Somewhat” or “Very Challenging”

68% of Small Businesses Don’t have a Documented CRO Strategy

The Average Conversion Rate of a Facebook Ad is 9.21%

Engagement Lost During the Body of a Video (96% of the video) is the Same Lost During the Nose (the first 2% of the video)

Add a Beard to Your Models to Increase in Cart Adds by 49%

Pages that Rank First on Google Search Results on Desktop have a 34.36% Click-Through Rate

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