Formula For Conversion Rate
Conversion Rate = (Number of Conversions / Total Number of Visitors or Interactions) * 100%
Conversion Rate: What Is It & How to Calculate It
Conversion rate is a key metric used to measure the effectiveness of your efforts in turning potential customers (leads) into actual customers. It’s essentially the percentage of people who take a desired action, out of the total number of people who were exposed to your marketing message or product.
Table of Content
- What is a Conversion Rate?
- Formula For Conversion Rate
- What is a good conversion rate?
- Measuring different kinds of conversion rates
- Why conversion rates are important
- What factors impact conversion rates
- Conversion rate vs ROI
- How to Improve Your Conversion Rate ?
- Conclusion