What is Your Return on Investment?

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

It is incredibly challenging to be a B2B marketer in a world with so much chaos.

There is a constant war waging between organic and paid tactics. Meanwhile, online users are spending 28 percent of their time on social media and the rest on email, watching videos, exploring search engines, playing games, blogging, and working across numerous devices.

It has never been so difficult to gain the attention of your target audience.

So what’s the one silver bullet marketers are using to improve their performance? The answer is conversion rate optimization tools.

As you can see, these tools can give companies a significant return on investment and competitive advantage when utilized.

Conversion rate optimization (CRO) tools are designed to optimize website or landing page performance, ultimately increasing the conversion rate and improving overall business outcomes.

Investing in conversion tools allows businesses to strategically analyze user behavior, perform A/B testing, implement targeted improvements, and optimize the customer journey. The impressive average ROI of 223% showcases the effectiveness of these tools in driving higher conversions, increasing revenue, and maximizing the value derived from existing website traffic.

By utilizing CRO tools, businesses can gain valuable insights into user preferences, identify areas for improvement, and make data-driven decisions to enhance website usability, design, and content. These optimizations can lead to improved customer engagement, reduced bounce rates, increased lead generation, and ultimately, higher conversion rates.

Some examples of marketing and sales technologies that can help increase conversion rates for your B2B company are analytics platforms, CRM tools, and sales enablement software like digital sales rooms.

Each of these tools exists to help businesses continuously refine their online presence, improve user experiences, and achieve greater success in converting website visitors into paying customers.

223% is a compelling number to take to your team and/or your boss. Whether you’re looking to optimize your paid channels, social platforms, and email marketing efforts or trying to get a better understanding of existing traffic and strategy, investing in a CRO tool could be the answer you’ve been looking for.

More 2019 Stats

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

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

The Average Order Value of B2C Online Order is $52

Generation X Shop More Online Than Baby Boomers and Millennials

Average Online Shopping Cart Abandonment Rate is 74%

Average Open Rate of Newsletter Campaigns from Ecommerce Stores to Customers is 18.45%

24% of salespeople reported that they majored in business in college

An Inconvenient Returns Policy Deters 80% of Shoppers

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

The Average Conversion Rate of a Facebook Ad is 9.21%

More Conversion Optimization Stats

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

Landing Pages with Multiple Offers get 266% Fewer Leads than Single Offer Pages

For Every $92 Spent Acquiring Customers, only $1 is Spent Converting Them

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

Imagescape Saw a 160% Increase in Submissions When They Decreased Form Fields from 11 to a Mere Four

The Average Conversion Rate of Visitors Who Saw User Generated Content (UGC) is 161% Higher Than Those Who Didn’t

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

A Typical Website Conversion Rate is about 2.35% on Average

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

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

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