Remember that not only can you improve your conversion rate, but an increase in your average order value will yield significant results with minimal effort.
Current number of conversions per month
2,500
Current Monthly Revenue
$175,000
New conversion rate
3.5%
Conversions per month after increase
3,500
AOV after increase
$70
Additional revenue per month
$87,500
% increase in revenue per month
50.00%
Total monthly revenue after increase
$262,500