Conversion Rate (CVR)
Definition:
Conversion rate (CVR) is the percentage of users who complete a desired action after clicking an ad or visiting a website.
Formula:
Conversion Rate = (Total Conversions / Total Clicks or Sessions) × 100
Why it matters:
Conversion rate reflects how efficiently campaigns are turning interest into outcomes. It’s a key optimization metric.
Best practices:
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A/B test landing pages
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Simplify forms and checkout flows
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Reduce load times and distractions