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

But Removing the Navigation Menu can Increase Conversions by 100%

Nearly Half (48 percent) of Online Shoppers Simply Head Straight to a Large Ecommerce Marketplace

71% of salespeople are using social selling tools

44% of People go Directly to Amazon to Start their Product Searches, Compared to 34% who use Search Engines like Google, Bing, and Yahoo to Search for Products

Online Stores are Offering an Average of 3 Payment Methods at Checkout Including Digital Wallets

17% of salespeople did not attend college

In 2019, Ecommerce Sales are Expected to Account for 13.7 Percent of Retail Sales Worldwide

26% of Shoppers are Likely to Share a Product on Social Media after Purchase

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

Using Video on Landing Pages can Increase Conversion by 80%

More Conversion Optimization Stats

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

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

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

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

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

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

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

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

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

A Typical Website Conversion Rate is about 2.35% on Average

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