What’s a number like? Really, it’s a lot. That’s why we’re
going to learn about the top five e-commerce statistics we need to hear for all
dropshippers today. There is the stuff that will help you get a better grip on
your business, along with making you see where you can be, precisely.
A basis for your dropshipping store will give in the online shopping statistics below. It’s very similar to dropshipping through amazon process. I’ve built a baseline for measurements over the years. And I will send you five of them in this blog.
That really should support you and let you see where your organization is at. Before you look for “best dropshipping website builder,” continue reading to know more about this issue.
50% Funnel Conversion Rates Drop on Each Step
The first of these statistics on e-commerce issues
conversion rates in your revenue funnels. It’s important to understand that the
funnel conversion rate for your store will drop by 50 percent on average at
each stage.
Bear in mind that these estimates would all be averages, and
there are variations, of course. I’m not worried about ClickFunnels right now,
but I’m afraid about Shopify. So, if you’re still running Shopify, you’ll see
what your conversion funnel looks like on your dashboard.
Good Return with Drop Ship Lifestyle Model
The online shopping figures are unique to the business model
of Drop Ship Lifestyle that I use plus that I teach. It’s 10x for what I call a
blended ROAS (return on ad spend), all right? Blended, which means a blend of
all.
This is a question we get all the time on how much do I pay
on Google Ads? It often varies with the response. For starters, let’s assume
you’re using Google Ads, which you are if you’re part of Drop Ship Lifestyle,
and you spend $100 on advertisements.
5% or More Targeted Traffic from Your Alpha Campaign
When dropshipping is primarily for the Drop Ship Lifestyle
model, the third e-commerce metric you need to remember targeted traffic should
transform at 2.5 percent or higher. Today, I’m dreaming about an alpha campaign
as I talk about targeted traffic.
Alpha and beta promotions are also both taught in the Drop
Ship Lifestyle-included Google Advertising for e-commerce course. Let’s say the
alpha campaign sends out 100 clicks. That means 100 users on Google are
clicking on your product ad.
Double Your Conversion Rate with Urgency, Scarcity, And Bonus Offers
The final statistic you need to remember about online
shopping is that urgency, scarcity, and incentive opportunities can practically
double your conversion rate by 2x.
If you’re looking to start enforcing this, this one would
probably be a little hard for people to monitor. You’re probably still using
some of these on your website if you’re part of the Drop Ship Lifestyle.
If you don’t, even if you do not get the results you thought
you should get, there are three locations that you can quickly, easily, easily
earn extra cash from your shop.