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How Much Do You Spend Aquiring Customers?

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

Source

Topic

Conversion Optimization

Year

Though the market has grown rapidly, average online retail conversion rates have fallen.

The fact that, for every $92 spent acquiring customers, just $1 is spent converting them has a lot to do with this.

More 2018 Stats

You Have 10 Seconds to Leave An Impression and Tell Them What They’ll Get Out of Your Website and Company. After This Time (and Oftentimes Before), They’ll Leave
Responsive Design Integrates Social Media
40% say getting response from prospects harder now than 3 years ago.
79% of Marketers Already Using Interactive Content Plan to Increase Their Use in the Next 12 Months
Micro-Influencers are Capable of Generating 22.2X Higher Conversion Rates than Other Types of Influencers
74% of Online Shoppers Rate Product Selection as Important During the Online Search Process
39% of People Will Stop Engaging With a Website if Images Won’t Load or Take Too Long to Load
Users Who Click On Product Recommendations Lead to a Conversion Rate that is 5.5 Times Higher Than Nonclicking Users
72% of Shoppers Return 10% or Less of Purchases
Online Stores That Have a Social Presence Have 32% More Sales on Average Than Online Stores that Don’t

More Conversion Optimization Stats