How Much Do You Spend Aquiring Customers?
For Every $92 Spent Acquiring Customers, only $1 is Spent Converting Them
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
69% of B2B Businesses Say They Expect to Stop Printing Catalogs Within Five Years
96% of Marketers Say ‘Segmentation’ is the Most Powerful Method of Improving Conversion Rate
When Landing Pages Don’t Ask for Age, the Conversion Rate is Higher
More than Three-Quarters of Online Shoppers Would Like their Orders Shipped the Same Day
48% of all Ecommerce Transactions Are From Repeat Customers
7 Top Converting Companies Spend More than 5% of their Budgets on Optimization
On an Average, Businesses Generate $6.50 For Every $1 Invested in Influencer Marketing
More Conversion Optimization Stats
Companies see a 55% Increase in Leads when Increasing their Number of Landing Pages from 10 to 15
7 Top Converting Companies Spend More than 5% of their Budgets on Optimization
Imagescape Saw a 160% Increase in Submissions When They Decreased Form Fields from 11 to a Mere Four
But Removing the Navigation Menu can Increase Conversions by 100%
There is a 70% greater likelihood of converting re-targeted visitors vs. those who are not
Referrals Have the Highest Conversion Rates of all Customer Acquisition Channels at 3.74%
The Average Number of Form Fields on Landing Page Conversion Forms is 11
Most Companies Spend Less than 5% of Marketing Budgets on Conversion Optimization
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