What is Your Conversion Rate?
People are Searching Google for the Phrase “Conversion Rate Optimization” More than Ever Before
Conversion rate optimization is the holy grail of online business. An increase in your sales conversion rate from 1% to 2% has essentially doubled your revenue. No small feat.
This also explains why on an average; companies are spending as much as $2,000 a month on CRO tools.
More 2019 Stats
There Are More Than 254 Million Active PayPal Accounts in The World
On Average, 52 Percent of Online Stores have Omnichannel Capabilities
Cyber Monday Emails Generated 53 Percent Higher Conversion Rate than Black Friday Emails
33% of B2C Ecommerce Website are also Conducting B2B Transactions
The Number One Reason People Shop Online is Because They Can Shop 24/7
Only 15 percent of sales calls add enough value, according to executives surveyed.
Conversion Rate Optimization (CRO) Tools Offer a 223% ROI on Average
Apple Pay Orders have a 1.8% Transaction Share on B2C Websites Accepting Apple Pay at Checkout
24% of salespeople reported that they majored in business in college
More Conversion Optimization Stats
When Landing Pages Don’t Ask for Age, the Conversion Rate is Higher
Using Video on Landing Pages can Increase Conversion by 80%
Pages that Rank First on Google Search Results on Desktop have a 34.36% Click-Through Rate
Referrals Have the Highest Conversion Rates of all Customer Acquisition Channels at 3.74%
55.5% of Respondents Planned on Upping their CRO Budgets in the Coming Year
The Average Number of Form Fields on Landing Page Conversion Forms is 11
68% of Small Businesses Don’t have a Documented CRO Strategy
44% of Companies use A/B or Split Testing Software
Only About 22 Percent of Businesses are Satisfied With Their Conversion Rates
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