๐ฏ Conversion Rate
What is a Conversion Rate?โ
The conversion rate is the percentage of visitors to a website that complete a desired goal out of the total number of visitors.
Imagine you have an online store, and your goal is to get visitors to make a purchase. If 100 people visit your site and 5 of them buy something, your conversion rate is 5%.
Monitoring conversion rates helps you understand how effective your website is at turning visitors into customers. Improving conversion rates can significantly boost your businessโs profitability and success.