October 20, 2009
Ecommerce Conversion Rates
Ecommerce websites have a lot of advantages in excess of the normal shopping methods. Primarily it is an online method where there is no talking sales people to push for making a purchase. The consumer can spend their own time in going through the stuff in the website, study them, compare and when happy with the features, purchased it. Someone can view and purchase the product of their choosing only by staying at home. Customers get huge collection to choose from, the overhead rate of shopping is also decreased because of internet shopping.
What is a usual ecommerce conversion rate? Let me give you a word of caution first, then some numbers that may be helpful.
An average conversion rate is a tricky number, for a number of reasons. The biggest reason is that it is very difficult to compare apples to apples. The reason is that there are many factors that have some bearing on conversions that you can’t see.
The largest unseen conversion aspect is traffic sources. Some websites have large amounts of traffic from a print list or offline advertising. Traffic from offline basis can be highly qualified and exchange at a much higher rate than online traffic. A number of websites also depend hugely on email advertising to drive traffic – prospects responding to an email will usually exchange at a very high rate also, because they have already read the proposal and responded to it.
Other “unseen” issues that affect average ecommerce exchange rates incorporate brand awareness, one-to-one sales strategies, regular clients, and return visitors. Therefore when checking out average conversion rates, you should deal with them with caution – data you get from your own website is usually much more practical. Ecommerce conversion rate averages vary by industry, but most are 1-4%.
The principal converting ecommerce sites on the internet reach up to 30% conversion rates, but there are “hidden factors” that assist them reach those numbers. The top 10 ecommerce sites normally fall in the 10-15% conversion rate range.
Jason Myers is a professional writer and he writes mostly about ecommerce secrets online. He’s also interested in web development secrets.
Filed under SEO by Jason Myers