Conversion Rate
A metric that tells you how good your website is at converting visitors into leads or customers. It’s the percentage of people who take a desired action, like buying a product or signing up for your mailing list. It’s calculated as the number of conversions divided by the number of visitors.
More than a number, it’s an opportunity and a key performance indicator (KPI) for any ecommerce site. It lets you measure the success of your marketing strategy and figure out what changes you need to make. For example, if customers are abandoning their carts or not filling out your contact form, you can look for ways to improve the shopping experience or simplify the form text.