Are you Satisfied With Your Conversion Rate?
Only About 22 Percent of Businesses are Satisfied With Their Conversion Rates
Statistic Info
This dissatisfaction is partly because marketers don’t know that the average conversion rates aren’t any higher than 3%. Besides, it varies from industry to industry. Having said that, it doesn’t mean businesses don’t see double digit conversions. This is the reason you must follow conversion rate optimization best practices and learn from industry moguls.
More 2018 Stats
40% of US Males Aged 18-34 Say They Would “Ideally Buy Everything Online”
47% of People Expect a Web Page to Load in 2 Seconds or Less
79% of Customers Order Online Via a Mobile Device
Small retailers may see up to 30% higher mobile conversion rates compared to large retailers.
88% of Online Shoppers Will Use Webrooming to Find the Best Price
55% of Online Shoppers Tell Friends and Family When Dissatisfied with a Product or Company
Americans Spend 36% of their Shopping Budget Online
96% of Marketers Say ‘Segmentation’ is the Most Powerful Method of Improving Conversion Rate
1.79 billion people worldwide are expected to buy goods and services online in 2018.
More Conversion Optimization Stats
Only 16% of Landing Pages don’t have Navigation Bars
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
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
B2C Companies that Leverage ‘Marketing Automation’ Have Seen Conversions as High as 50%
Landing Pages with Multiple Offers get 266% Fewer Leads than Single Offer Pages
