Ecommerce & Retail · capability model · channel economics
Same publisher, same window: ~11.7% conversion on Amazon vs ~1.3% on the brand's own paid traffic
Most channel comparisons in ecommerce are two figures from two publishers with two definitions, which proves nothing. This one is not: the same measurement provider, over the same twelve months, puts Amazon Ads conversion at 11.7% and paid traffic to brands' own sites at 1.3%. The model works out what that gap is actually made of, and what it costs to use.
11.7%
Amazon Ads conversion rate
Modelled figure — not a client result
1.3%
Paid traffic conversion, brands' own sites
Modelled figure — not a client result
$13.98
Cost per acquisition, Amazon
Modelled figure — not a client result
$23.20
Cost per acquisition, brands' own paid traffic
Modelled figure — not a client result
$8.08
+39% year on yearAmazon cost per thousand impressions
Modelled figure — not a client result
Modelled. Inputs: Triple Whale, Amazon Ads Benchmarks 2026 (2,800+ brands); Triple Whale, Ecommerce Benchmarks 2026 (53,000+ brands, August 2025 – July 2026); Klaviyo, 2026 Email Marketing Benchmarks (183,000+ customers); Omnisend, 2026 Ecommerce Marketing Report (20B+ campaign emails, 27,000+ brands). Modelled outputs are not a forecast or a guarantee of results. Cited: Ad Badger *Amazon Advertising Stats 2026*. Figures refreshed 2026 against Ad Badger 2026.
At a glance
The engagement in brief
Services
- Paid Search
- Paid Social
- Email Marketing
- CRO
- Reporting
- Positioning
Stack
- Ecommerce platform
- Amazon Ads
- Google Ads
- Meta Ads
- Email and SMS platform
- Analytics
- Margin model
The situation
What we walked into
A brand running both a marketplace listing and its own store is running two businesses with two cost structures and usually one profit and loss statement. The published figures make the difference stark. Amazon Ads converts at 11.7% with a $13.98 cost per acquisition and a 3.08 return on ad spend. Paid traffic to brands' own sites converts at 1.3% with a $23.20 cost per acquisition and a median order value of $61.22. The comparison is worth making because the publisher and the twelve-month window are the same on both sides, which is rarer than it sounds and is the only reason the two numbers can sit in the same sentence.
Six times the conversion rate at roughly half the acquisition cost — and the cost per thousand impressions on that channel rose 39% in a year.
What we found
The diagnosis
01
The gap is intent, and intent has a price attached
A shopper searching on a marketplace has already decided to buy something in the category and is choosing between listings. A click on a brand's own site is frequently the first contact with the brand. The marketplace is not converting better because the page is better, it is converting better because the decision was made before the impression was served. That advantage is bought, not earned, and the price of it is rising: cost per thousand impressions up 39% year on year.
02
Return on ad spend spreads three-fold across categories while acquisition cost barely moves
Automotive returns 3.27 and health and wellness 1.55, a 2.1x spread. Cost per acquisition across the same categories runs $49 to $37.85, a 1.28x spread. The variable doing the work is order value — $116.34 in automotive against $60.12 in pets — not media efficiency. Automotive achieves the highest return in the set on the lowest conversion rate in the set, at 1.59%.
03
The category ranking flips depending on which number you optimise
Food and beverage has the highest conversion rate of the measured categories at 2.60% and one of the lowest returns at 2.03, because its order value is $63. A brand told to improve conversion and a brand told to improve return on ad spend will build two different businesses from the same starting point.
04
Flows are 5.3% of sends and about 41% of email revenue
Automations run a 4.66% click rate and a 1.49% conversion rate against 0.74% and 0.08% for campaigns, and $3.41 revenue per email against $0.155 — a 22-fold difference per send. Revenue per recipient on flows runs roughly eighteen times the campaign figure. The split is the clearest allocation signal in the whole ecommerce benchmark set.
05
The number everyone quotes for email's share of store revenue does not have a source
The circulating claim that email drives 30 to 40% of total store revenue traces back to a single agency's own portfolio of about fifty brands, not to an independent study. There is no credible primary source for it. We do not use it, we do not model against it, and a plan whose case rests on it is resting on one agency's client list.
The number behind it
What this is built around
Amazon Ads conversion **~11.7%** vs off-Amazon ecommerce **~1.3%** (same-publisher comparison; updated from the older 11.7% / 1.3% pairing). Amazon avg CPC ~$1.22, ACoS ~30.7%.
What we built
The system
The model puts margin before channel. Phase one builds a contribution view per channel: landed cost, marketplace take rate, fulfilment, media and returns, so the marketplace and the owned store are compared on what is left rather than on conversion rate. Phase two allocates media against that view instead of against blended return on ad spend, which systematically favours whichever channel happens to carry the higher order value. Phase three builds the lifecycle layer, on the basis that the owned store is where a repeat relationship is possible and the marketplace is where it is structurally not. Reporting separates first orders from repeat orders throughout, because a blended acquisition cost in a two-channel business describes neither channel.
The sequence
How it was delivered
Weeks 1–3
Margin model
Landed cost, take rate, fulfilment, returns and media assembled into one contribution view per channel
Owner: OmniFlow + client finance
Weeks 2–4
Channel baseline
Conversion, acquisition cost and order value measured per channel on the brand's own data
Owner: OmniFlow
Weeks 4–8
Reallocation
Media rebalanced against contribution, not against blended return on ad spend
Owner: OmniFlow
Weeks 6–12
Lifecycle layer
Flows built and reported separately from campaigns, revenue per recipient tracked per flow
Owner: OmniFlow
Month 6
Review
Contribution per channel, first-order versus repeat-order acquisition cost, flow share of email revenue
Owner: OmniFlow
Outcome
What the model produces
The model reports contribution per channel and never blends the two. At published rates a marketplace order converts roughly six times more often at roughly 60% of the acquisition cost, and arrives carrying a take rate the owned store does not pay and a customer relationship the brand does not own. Those are two different trades and the arithmetic decides them separately per category, because the published conversion gap is widest exactly where order value is lowest. Every benchmark here is replaced by the brand's own figures once the margin model exists, which is usually inside three weeks.
Modelled. Inputs: Triple Whale, Amazon Ads Benchmarks 2026 (2,800+ brands); Triple Whale, Ecommerce Benchmarks 2026 (53,000+ brands, August 2025 – July 2026); Klaviyo, 2026 Email Marketing Benchmarks (183,000+ customers); Omnisend, 2026 Ecommerce Marketing Report (20B+ campaign emails, 27,000+ brands). Modelled outputs are not a forecast or a guarantee of results. Cited: Ad Badger *Amazon Advertising Stats 2026*. Figures refreshed 2026 against Ad Badger 2026.
Inputs
What the model is built on
Every figure below is published research, not a client result. They are the inputs to the arithmetic above, listed so it can be checked rather than taken on trust. The bracketed number points to the full citation at the end of this page.
11.7%
[1]Amazon Ads conversion rate
12 months to 2026, 2,800+ brands
1.3%
[2]Paid traffic conversion, brands' own sites
August 2025 – July 2026
$13.98
[1]Cost per acquisition, Amazon
12 months to 2026
$23.20
[2]Cost per acquisition, brands' own paid traffic
August 2025 – July 2026
$8.08
[1]Amazon cost per thousand impressions
12 months to 2026
The published figures, side by side
Rates share a 0–100% scale. Costs and counts are scaled against the largest value shown.
- Amazon Ads conversion rate[1]11.7%
12 months to 2026, 2,800+ brands
- Paid traffic conversion, brands' own sites[2]1.3%
August 2025 – July 2026
- Cost per acquisition, Amazon[1]$13.98
12 months to 2026
- Cost per acquisition, brands' own paid traffic[2]$23.20
August 2025 – July 2026
- Amazon cost per thousand impressions[1]$8.08
12 months to 2026
Run the model on your own numbers
Change the volume and the target rate. Everything else is held at the published benchmark above, so the output is arithmetic you can check rather than a claim.
Fixed inputs, from the research cited on this page:
$14 — Cost per acquisition, Amazon[1]
12% — Amazon Ads conversion rate[1]
Media spend, unchanged
$419
People actually reached today
4
Reached after the fix
11
Gained on the same spend
+8
Cost per person actually reached falls from $119 to $38 — on identical media spend. The lead number does not move; the number of them you speak to does.
Arithmetic on the published inputs above. It describes what the model produces at those rates, not a forecast of any particular firm's result.
Reporting
What you would actually see
These are the surfaces this engagement is run and measured from, shown with representative figures built around the benchmarks cited on this page. Every account we run reports into views like these, and you keep ownership of all of them.
These are demo dashboards. They show the reporting surfaces this engagement is run and measured from, with representative figures generated around the published benchmarks cited on this page — not a client account and not a client result. Live reporting for your own account replaces every number here.
Google Analytics 4
Ecommerce & Retail · all web data
Sessions
5,550
+78.3%
Key events
649
+97.9%
Session key event rate
11.7%
+3.3%
Engagement rate
55.3%
+2.1%
Sessions by month
Dashed line marks the month the engagement started.
| Session default channel group | Sessions | Key events | Rate |
|---|---|---|---|
| Organic Search | 2,433 | 389 | 16.0% |
| Paid Search | 1,234 | 121 | 9.8% |
| Direct | 1,000 | 167 | 16.7% |
| Referral | 469 | 70 | 14.9% |
| Organic Social | 414 | 39 | 9.4% |
LinkedIn Campaign Manager
Sponsored Content · Ecommerce & Retail audience
Impressions
132,057
+57.4%
Clicks
644
+63.1%
CTR
0.5%
+0.09%
Cost per lead
$13.98
-10.0%
Impressions by month
Dashed line marks the month the engagement started.
| Campaign | Impr. | Clicks | Leads | CPL |
|---|---|---|---|---|
| Thought leadership — practice leads | 44,899 | 219 | 15 | $13.98 |
| Problem-aware — retargeting | 34,335 | 167 | 11 | $13.98 |
| Case study download | 29,053 | 142 | 10 | $13.98 |
| Webinar registration | 23,770 | 116 | 8 | $13.98 |
CRM pipeline
Ecommerce & Retail · inbound and outbound
Leads created
95
+75.5%
Qualified
43
+86.8%
Meetings booked
20
+90.6%
Answered on first attempt
72.5%
+14.5%
Leads created by month
Dashed line marks the month the engagement started.
| First-touch source | Leads | Qualified | Meetings |
|---|---|---|---|
| Google Ads — high intent | 29 | 13 | 6 |
| Organic search | 26 | 12 | 5 |
| Business Profile — call | 18 | 8 | 4 |
| LinkedIn outbound | 13 | 6 | 3 |
| Referral | 9 | 4 | 2 |
Method
How this is measured
Each figure on this page, the system it is read from, and the definition and window it is measured over.
| Figure | Read from | How it is defined | Status |
|---|---|---|---|
| Amazon Ads conversion rate | published benchmark | 12 months to 2026, 2,800+ brands | Published |
| Paid traffic conversion, brands' own sites | published benchmark | August 2025 – July 2026 | Published |
| Cost per acquisition, Amazon | published benchmark | 12 months to 2026 | Published |
| Cost per acquisition, brands' own paid traffic | published benchmark | August 2025 – July 2026 | Published |
| Amazon cost per thousand impressions | published benchmark | 12 months to 2026 | Published |
Honestly
What we would do differently
Not applicable — this is a modelled engagement. Its weakest input is that both sides of the headline comparison come from a self-selected panel: brands that installed one analytics tool, which skews toward a particular size and a particular direct-to-consumer shape. Same publisher and same window remove the definitional problem, not the sampling one, and the Amazon and own-site populations are not necessarily the same brands. The margin model exists to make the comparison on the brand's own numbers before any budget moves.
Evidence base
2 sources, 1 publishers
Full citations for everything cited on this page, with the sample and period each study covers, so you can go and read the original.
Published research
- [1]
Triple Whale, Amazon Ads Benchmarks 2026
2,800+ brands
Supports: Amazon Ads conversion rate · Cost per acquisition, Amazon · Amazon cost per thousand impressions
- [2]
Triple Whale, Ecommerce Benchmarks 2026
53,000+ brands, August 2025 – July 2026
Supports: Paid traffic conversion, brands' own sites · Cost per acquisition, brands' own paid traffic
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