It's Worse Than Pointless to Continually Ask 'What's a Good Conversion Rate?'Settling for the norm keeps you from being your best.

ByAaron Agius

Opinions expressed by Entrepreneur contributors are their own.

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Conversion rates are one of the most importantmetricsin PPC advertising. When you improve your conversion rate, the net profit of your business will also increase without you having to invest more money in ads.

Given the obvious financial importance of improving your conversion rate, it's no wonder that Google searches for "conversion rate optimization" aresteadily increasing. New tools for conversion rate optimization (CRO) are appearing every day. In fact, the average company spends $2000 per month on CRO tools.

The average conversion rate variesfrom industry to industry, with rates of 1 to 3 percent being the most common. While it's worth knowing the average conversion rate for your niche, oftentimes marketers can become obsessed with industry benchmarks instead of striving to improve their own conversion rates. It doesn't matter whether or not you're achieving an arbitrary standard set by someone else. All that matters is that your business is profitable for the long-term.

Related:Want to Increase Your Traffic Conversion Rate in Just Minutes? Try These 3 Tools.

Additionally, if you're overly concerned with industry standards, you may become satisfied with a 4 percent conversion rate because you're beating the competition, despite the fact that somecreative thinkingcould yield you an extraordinarily high conversion rate of 10 percent or more.

In order to improve your conversion rate, try implementing the following tips.

Change your offer.

If your conversion rate sucks, the most likely culprit is that your offer simply isn't attractive enough to your target audience.

In ecommerce,56 percent of consumersleave without completing their purchase due to unexpected costs appearing at checkout. To combat this problem, many marketers offer free worldwide shipping and raise their product pricing to maintain profitability. For cheaper products, the"free plus shipping" offeris becoming increasingly popular.

If you're offering a lead magnet in exchange for an email opt-in, try delivering more value for free. For instance, a free ebook about a topic may encourage higher conversions than a 10-step checklist.

If you're looking to create a high value lead magnet, consult yourbuyer profile, determine his or her biggest pain points and then provide an actionable solution in the form of afree downloadable piece of content.

Related:7 Hacks You Can Use to Improve Your Website's Conversion Rate

Use specific landing pages for each campaign.

Let's say a visual communications agency is running PPC ads to promote multiple services, such as infographic design, presentation design and animated explainer videos. It makes no sense to send all visitors to a generalized landing page about visual content since they'll be looking for different things.

The more you canpersonalize your landing pagefor the target audience, the higher it will convert. Please never send PPC traffic straight to your home page; this is a terrible strategy if you want your visitors to convert.

Include videos on your landing pages.

Four times as many customerswould rather watch a video about a product than read sales copy about it. If you're not leveraging the power of video in 2017, your competitors will be.

Videos allow for an in-depth explanation of products which simply isn't possible with text. Videos are also more emotive. With a compelling script, energetic voiceover and eye-catching visuals, you can really convey theemotional benefitsof your product, as opposed to the logical features.

As most marketers know,buying is an emotional processrather than a logical one.

Leverage social proof.

If you're sending coldtrafficto your site directly from a Facebook ad, you'll learn it's nearly impossible to get people to purchase from an unfamiliar brand without leveraging social proof.

By including reviews, testimonials andcase studiesthroughout your site -- especially on your landing pages -- you will build trust with potential customers. This is crucial because92 percent of people相信同行和70的推荐ent trust recommendations from strangers.

Video testimonials from clients are arguably the best kind of social proof, since they're viewed with high credibility.

Related:23 Sure-Fire Conversion Rate Optimization Tactics for Striking Online Gold

Make conversions easy.

It's your duty as a marketer to enable visitors to convert as quickly and easily as possible. Don't fill your email opt-in form with unnecessary questions or force visitors to complete CAPTCHA tests in order to subscribe to your mailing list. I recommend asking visitors for their name and email address only. You can find out more information later on.

In ecommerce, alengthy or complicated checkout processwill kill your conversion rate. Never force visitors to register for an account at your store in order to make a purchase. Aim to facilitate the checkout in as few steps as possible.

Likewise, offera multitude of payment optionsso that customers can checkout using their credit card, Paypal account or even Bitcoin if they wish.Twenty-eight percent of online shoppersabandon their carts if their desired payment option is unavailable.

Wavy Line
Aaron Agius

Search, Content and Social Marketer

Aaron Agius is an experienced search, content and social marketer. He has worked with IBM, Ford, LG, Unilever and many more of the world's largest and most recognized brands, to grow their revenue. See more from Agius atLouder Online.

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