As per Forbes, it is assumed that 24% of purchases are expected to be made online by the year 2026, along with ecommerce sales forecast to grow over 10% this year.
As stiff competition in the e-commerce industry will continue in 2026, CRO (conversion rate optimization) remains the most powerful lever for boosting the company’s revenue without significant spending on campaigns. Companies like iCustomLabel.com are investing in digital performance and user experience, and the standards for a high-converting online store are growing at a fast pace. By the end of this year, every eCommerce business should have an idea about the latest CRO statistics and benchmarks to stand out in today’s competitive market and improve profitability.
What Do Average Conversion Rates Look Like?
1. Global Average E-commerce CRO – When we talk about the
overall average, it is expected to remain steady in the range of 2.5%
to 3.5%. However, major brands may see conversion rates ranging
from 5% to 10%.
