How does a conversion rate of 0.6 compare to other industries in the e-commerce space?

A conversion rate of 0.6 is relatively high, as the average conversion rate across all industries is around 2-3%.

In the e-commerce space, the highest conversion rates are typically seen in the travel industry, with an average rate of around 4.6%.

The lowest conversion rates are often seen in the finance industry, with an average rate of around 1.2%.

The top 10% of e-commerce sites have conversion rates of 5-10%, while the bottom 25% have rates below 1%.

The average conversion rate for a well-designed e-commerce site is around 1.5-2.5%.

A 1% increase in conversion rate can lead to a 10-20% increase in revenue.

The most common obstacles to conversion are difficulty navigating the site (58%), high prices (42%), and lack of product information (38%).

The top-performing e-commerce sites have an average page load time of 2.5 seconds, while slower sites have conversion rates 20-30% lower.

Mobile shoppers have higher conversion rates (2.5%) than desktop shoppers (1.5%).

The most effective calls-to-action (CTAs) are those that use action-oriented language (e.g., "Shop Now" instead of "Learn More").

Sites with trust badges (e.g., SSL certificates, security seals) have conversion rates 10-15% higher than those without.

Product recommendations can increase conversion rates by up to 10%.

The average customer abandons their shopping cart around 70-80% of the time.

Sites with one-step checkout processes have conversion rates 10-20% higher than those with multi-step processes.

The top-performing e-commerce sites use A/B testing and experimentation to continuously improve their conversion rates.