Categories: Magento

Conversion rate is the proportion of visitors to a website who take action to go beyond a casual content view or website visit, as a result of subtle or direct requests from marketers, advertisers, and content creators. Conversion funnel is a technical term used in e-commerce operations to describe the track a consumer takes through an Internet advertising or search system, navigating an e-commerce website and finally converting to a sale (Source: WikiPedia)

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Conversion Rates
Definition of "Conversion Rates" by Chat GPT: Conversion rates refer to the percentage of website visitors who take a desired action, such as making a purchase, filling out a form, or signing up for a newsletter. It is a measure of how effective a website or marketing campaign is at getting visitors to complete a specific goal. A higher conversion rate indicates that more visitors are taking the desired action, which can lead to increased sales, leads, or other key performance indicators.
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