Have you Searched For Conversion Rate Optimization on Google?
People are Searching Google for the Phrase “Conversion Rate Optimization” More Than Ever Before
This also explains why on an average, companies are spending as much as $2,000 a month on CRO tools. The same VentureBeat study (where 3,000 CRO tool users took part in the survey) revealed that the average ROI of using CRO tools is 223%. Only five percent survey respondents did not generate ROI while 173 marketers said they gain returns higher than 1,000 percent!
More 2019 Stats
On Average, 52 Percent of Online Stores have Omnichannel Capabilities
Abandoned Cart Emails Have an Average Open Rate of 45%
Companies see a 55% Increase in Leads when Increasing their Number of Landing Pages from 10 to 15
Younger People Spend More Time Shopping Online than Older People
Average E-Commerce Conversion Rates Vary from 2.8% to 4.5%
In 2019, Ecommerce Sales are Expected to Account for 13.7 Percent of Retail Sales Worldwide
Landing Pages with Multiple Offers get 266% Fewer Leads than Single Offer Pages
22% of Online Retailers Still Don’t have a Mobile-Friendly Website
60% of deals in the pipeline are lost to “no decision” rather than to competitors.
More Conversion Optimization Stats
68% of Small Businesses Don’t have a Documented CRO Strategy
55.5% of Respondents Planned on Upping their CRO Budgets in the Coming Year
Referrals Have the Highest Conversion Rates of all Customer Acquisition Channels at 3.74%
On an Average, Businesses Generate $6.50 For Every $1 Invested in Influencer Marketing
The Average Number of Form Fields on Landing Page Conversion Forms is 11
Anchor Text CTAs (Clickable Text in a Hyperlink) Increase Conversion Rates by a Whooping 121%
There is a 70% greater likelihood of converting re-targeted visitors vs. those who are not
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