Plus, Once You Start This Process, You May Find That You Can’t Stop. It’s Very Engaging Because You Can Watch Your Metrics Steadily Improve Over Time. In Addition to Giving You a Primer on the Benefits of Conversion Rate Optimization, We’ll Also Share With You Advantages That Can Help Your Business Succeed. What Does Conversion Rate Mean? Conversion Rate is the Percentage of Potential Customers Who Take the Desired Action Out of the Total Number of Consumers Who Interact With Your Product/service.
For Example, You Put Up a australia whatsapp number list Sign That Says "Try Our New Cupcakes! Off!" (That's Your Offer). Throughout the Day, People Pass by Your Display (Those Are Your Interactions). Of Those People, Decide to Buy Cupcakes (Those Are Your Conversions). Conversion Rate is the Percentage of People Who Decide to Buy Your Cupcakes Out of Total Interactions. In This Context, You Can Calculate Conversion Rates for Many Things: Sale Email Signup Polls and Survey Participants Webinar Registration of Course, Sales Are the Most Important Metric to Track, but Conversion Rates for Actions Like Email Signups, Email Open Rates , and Webinar Registrations Can Help You Quantify Your Lead Generation Results.
Let’s Say You Want to Know Your Average Sales Conversion Rate. Divide Your Total Sales by Your Total Website Visits, Then Multiply the Result by What Does Conversion Rate Mean? You Can Do the Same Thing for Any Other Conversion Rate. Just Replace Total Transactions With Total Email Signups, Total Webinar Attendees, or Any Other Metric. You Can Also Replace Total Site Visits With Total Page Views for a Given Webpage.