Most online stores make the mistake of being contented with 2 – 3% conversion rate (CVR), which is also the average CVR of ecommerce stores nowadays. But then, as it turns out, there are also individual businesses managing to convert as much as 30% or 40% of their visitors into satisfied customers. MarketingSherpa conducted an independent ecommerce benchmark study to survey 2912 online retailers and found that the majority of respondents claim to achieve more than 10% CR.
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