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What is Conversion Rate?
Conversion rate is a measure of the number of prospective customers that go on to purchase. In the context of a website, it is usually the percentage of visitors that make a buy. Many websites concentrate only on increasing the number of visitors they have. If they solve some minor problem their site has they would have a vast effect on their conversion rate and improve their site's base line at minimal expense.
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ReplyDeleteI think that deriving a conversion rate is simple but the fact is understanding the basis and accuracy of your measurements can be somewhat challenging. Thanks its really helpful.
ReplyDeleteHey Smith, Thanks for appreciation.
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