conversion rate
conversion rate
English Definitions:
conversion rate (Noun)
The proportion of visitors to a website who take an action desired by the marketers, such as buying a product or subscribing to a newsletter.
Conversion rate
In internet marketing, the conversion rate is the proportion of visitors to a website who take action to go beyond a casual content view or website visit, as a result of subtle or direct requests from marketers, advertisers, and content creators. Successful conversions are defined differently by individual marketers, advertisers, and content creators. To online retailers, for example, a successful conversion may be defined as the sale of a product to a consumer whose interest in the item was initially sparked by clicking a banner advertisement. To content creators, a successful conversion may refer to a membership registration, newsletter subscription, software download, or other activity.
conversion rate
In electronic commerce, conversion marketing is marketing with the intention of increasing conversions—that is, site visitors who are paying customers.
Citation
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"conversion rate." Kamus.net. STANDS4 LLC, 2024. Web. 5 May 2024. <https://www.kamus.net/english/conversion+rate>.
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