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What is Conversion Rate

Handbook of Research on Effective Advertising Strategies in the Social Media Age
Conversion rate is the percentage of users who take a desired action. It could be signing up for an email newsletter, creating an account with a login and password, making a purchase, downloading applications, or something else entirely.
Published in Chapter:
On-Line Media Planning and On-Line Media Common Measurement Currencies
Bilgen Basal (Yeditepe University, Turkey)
DOI: 10.4018/978-1-4666-8125-5.ch006
Abstract
This chapter examines on-line media planning techniques and the common on-line measurement metrics, which are used in evaluating the effectiveness of an advertising campaign. It uses highly accessible and scalable Web-based and mobile communication techniques, which turn communication into interactive dialogue as opposed to traditional media. On-line media planning is analyzed in four different dimensions, such as on-line display advertising, performance marketing, social media marketing, and mobile advertising. In addition to this, the meanings and the implications of some concepts such as on-page and off-page search engine optimization and search engine marketing, impression, cost per thousand impressions, also click through rate, pay per click, cost per lead. Please note that conversion and engagement rates are also investigated in this chapter. Social media tools in building the social media strategy such as Facebook social graph, custom audiences, lookalike audiences, interest analysis, and Google analytics also receive special attention.
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More Results
Impact of Digitalization on Category Management
In the category management context refers to the percentage of people entering the store that have bought something.
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Understanding Google Ads Metrics for SME
The percentage of visitors to the website that perform a certain action intended by the ad (e.g., subscription or purchase).
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The Use of Google Analytics for Measuring Website Performance of Non-Formal Education Institution
Number of website visitors who became the customers and buyers of the certain product/service.
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Do User-Generated Social Shopping Website Features Contribute to Website Aims?
A rate that relates the number of individuals resulting in a predefined action to the corresponding population on a website, e.g., website visitors or ad contacts.
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Immersive Marketing on Metaverse: Development of Metrics for Performance Analysis and Security-Related Challenges
It is a key metric used in digital marketing and e-commerce to measure the effectiveness of a marketing campaign. It is the percentage of customers, or prospects who take a desired action or complete a specific goal within a predetermined period.
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Traditional Specialty Food and Beverage Products: E-Commerce, COO Effect, and Official Recognitions
The proportion of website visitors who received a call to action and completed the desired action. Usually conversion rates regards made purchases, but it can also regard other actions, like a newsletter subscription.
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A Review of Methodologies for Analyzing Websites
KPI that measures the percentage of total visitors to a Website that perform a specific action.
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