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Conversion Rates for Ecommerce Businesses – 2016 Benchmarks

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There are a lot of reasons as to why people are launching stores, or businesses, on the web. The potential is endless and if you do things right, you can make a ton of money. With that being said, there is a lot of competition that is present on the web. People know that it is a great opportunity to reach a wide audience and they want to use that. Making your site available for many currencies is smart.

Key Takeaways:

  • The ability to sell things on the internet is such a massive tool to have.
  • Being able to understand how to use social media and other platforms to promote your business is key.
  • The individuals that can create these sites that can handle a lot of traffic are in demand.

“At Compass, we take all these factors into account when benchmarking your business metrics to give you the best possible view of your data and how to use it so you can better run and improve your store.”

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