What is Your Conversion Rate?

People are Searching Google for the Phrase “Conversion Rate Optimization” More than Ever Before

Source
Google

Topic
Conversion Optimization

Year
2019

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

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

43% of E-Commerce Traffic comes from Organic Google Search

80% of Respondents Said They Had Stopped Doing Business with a Company Because of a Poor Customer Experience

Longer Mobile Page Load Times Drastically Increase Bounces

Abandoned Cart Emails Sent within 20 Minutes Have an Average Conversion rate of 5.2%

81% of people prefer to open emails on their smartphones

Users who have a Negative Experience on a Mobile Website are 62 Percent Less Likely to Purchase from that Business in the Future

22% of Online Retailers Still Don’t have a Mobile-Friendly Website

The Average Number of Form Fields on Landing Page Conversion Forms is 11

71% of salespeople are using social selling tools

More Conversion Optimization Stats

85 Percent of Consumers Conduct Online Research Before Making a Purchase Online

Only About 22 Percent of Businesses are Satisfied With Their Conversion Rates

On an Average, Businesses Generate $6.50 For Every $1 Invested in Influencer Marketing

Only About 22 Percent of Businesses are Satisfied with their Conversion Rates

8 out of 10 or 82% of Marketers Say Knowing How to Test Effectively is “Somewhat” or “Very Challenging”

Call-To-Actions That Are Surrounded By More Negative Space and Less Clutter Increases a Company’s Conversion Rate by 232%

A Typical Website Conversion Rate is about 2.35% on Average

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

Using Video on Landing Pages can Increase Conversion by 80%

55.5% of Respondents Planned on Upping their CRO Budgets in the Coming Year

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