What is an average ecommerce conversion rate? Let me provide you with a word of caution first, then some numbers that may be useful.
An typical conversion rate is a tricky number, for quite a few reasons. The largest cause is that it is quite challenging to compare apples to apples. The cause is that there are many components that influence conversions that you just can't see.
The biggest unseen conversion factor is traffic sources. Some websites have large amounts of traffic from a print catalog or offline advertising. Traffic from offline sources could be extremely qualified and convert at a much greater rate than on the net traffic. Some internet websites also depend largely on e mail marketing to drive traffic - prospects responding to an e mail will generally convert at a really high rate also, given that they've already read the offer and responded to it.
Other "unseen" components that influence typical ecommerce conversion rates include things like brand awareness, one-to-one sales strategies, repeat buyers, and return visitors. So when viewing typical conversion rates, it's best to treat them with caution - information you gather from your personal web site is typically significantly much more useful.
Ecommerce conversion rate averages vary by market, but most are 1-4%. The top converting ecommerce sites on the internet get up to 30% conversion rates, but you'll find "hidden factors" that assist them accomplish those numbers. The top 10 ecommerce sites generally fall inside the 10-15% conversion rate window. For small to medium sized ecommerce web-sites, though, a rate beneath 5% is generally a much more reasonable aim. Needless to say, this varies by business, item, and so forth.
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