A high conversion rate means your marketing is working effectively and your investment in customer acquisition is paying off. A low conversion rate signals problems that may be hidden in traffic quality, user experience, or a poor offer.
The main benefits of increasing conversion:
Reduced customer acquisition costs. The higher the conversion, the less money is spent on each new customer.
Increased revenue. An increase in the percentage of buyers leads to increased sales.
Improved user experience: Optimizing your list of taiwan whatsapp phone numbers website or app for conversion improves user engagement.
Interesting fact:
Research shows that sites with simplified navigation and minimalist design receive up to 25% more conversions.
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How to calculate conversion rate?
The formula for calculating conversion is simple:
Conversion Rate (CR) = (Number of Conversions / Number of Visitors) × 100%
Calculation example:
If 10,000 people visited your site in a month and 500 of them made a purchase, your conversion rate would be:
(500 / 10,000) x 100% = 5%
This metric can be used to analyze and improve your marketing strategy.
Practical recommendation:
To calculate conversion for different traffic sources, use analytics tools such as Google Analytics or Yandex.Metrica.
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