Average Ecommerce Conversion Rates [mortgageloans-protection.blogspot.com]
www.millionairecorner.com Mortgage rates set a new record low for the fourth consecMorutive week, after falling for seven out of the past eight weeks, according to a weekly national survey released yesterday by Bankrate.com. The average rate for a 30-year, fixed-rate mortgage was 3.97 percent, while the average 15-year fixed-rate mortgage held at 3.2 percent and the average rate for a jumbo 30-year fixed mortgage sank to a record low of 4.52 percent, according to the Bankrate survey, compiled from data provided by the top 10 banks and thrifts in the top 10 markets. Prospective borrowers are benefitting from another "flight to quality" inspired by the European debt crisis, said Bankate. The economic uncertainty in Europe increases the appeal of safe-haven products, such as US Treasuries, and the increased demand for Treasuries drives down yields. Closely related, mortgage rates follow yields. "As long as uncertainty pre vails, mortgage rates are likely to remain at these ultra-low levels," Bankrate said in a statement. Mortgage rates have not exceeded 6 percent since November of 2008, according to Bankrate, when 30-year, fixed-rate mortgages averaged 6.33 percent. The current ultra-low rates are contributing to record high housing affordability, according to the National Association of Realtors, which reports a "new milestone" for the housing market. The association's Housing Affordability Index rose to a new peak of more than 205 in the first quarter of 2012 -- the first ...
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What is an average ecommerce conversion rate? Let me give you a word of caution first, then some numbers that may be helpful.
An average conversion rate is a tricky number, for several reasons. The largest reason is that it is very hard to compare apples to apples. The reason is that there are many factors that influence conversions that you can't see.
The biggest unseen conversion factor is traffic sources. Some websites have large amounts of traffic from a print catalog or offline advertising. Traffic from offline sources can be highly qualified and convert at a much higher rate than online traffic. Some websites also depend largely on email marketing to drive traffic - prospects responding to an email will usually convert at a very high rate also, since they have already read the offer and responded to it.
Other "unseen" factors that influence average ecommerce conversion rates include brand awareness, one-to-one sales strategies, repeat customers, and return visitors.
So when viewing average conversion rates, you should treat them with caution - data you gather from your own site is usually much more useful.Ecommerce conversion rate averages vary by industry, but most are 1-4%. The top converting ecommerce sites on the internet get up to 30% conversion rates, but there are "hidden factors" that help them achieve those numbers. The top 10 ecommerce sites usually fall in the 10-15% conversion rate window. For small to medium sized ecommerce websites, though, a rate under 5% is usually a more reasonable goal. Of course, this varies by industry, product, etc.
Related Average Ecommerce Conversion Rates IssuesQuestion by Rhonda: Will I get less than the average mortgage rates if I have great credit? We are thinking about buying a house, and I just want to know if we have enough for a 10% down payment, decent income, and a great credit score ; can we expect to get below the average mortgage rates that are listed online? Thanks. We will be get pre-approval before we decide to go house shopping, but I am just wondering this right now. Best answer for Will I get less than the average mortgage rates if I have great credit?:
Answer by godged
Great credit scores get the best rates. A lender told me that many online calculators put on a rate for an average credit score, but some quote the best rate available. Do not forget to compare more than interest rate between lenders. Closing costs, especially with online lenders, can be very different from shop to shop. Ignoring closing costs and only looking at interest rate can cost you thousands of dollars.
