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Conversion rate calculation formula

Posted: Tue Dec 24, 2024 7:26 am
by Shakil1984
However, it’s not just about sales—actions like signing up for a newsletter or downloading an ebook are also considered conversions, though on a smaller scale. These are deemed micro-conversions, and by tracking them you can assess how well your website is achieving its goals beyond just sales transactions.

Website conversion rate is one of the key performance indicators when it comes to reaching your objectives.

How to calculate conversion rates?
You can calculate your conversion mexico email list rate by dividing the total number of conversions by the total number of visitors and then multiplying the outcome by 100.

Here’s the formula to calculate the conversion rate:

What is the average website conversion rate?
The average website conversion rate is a key indicator for businesses aiming to understand how effectively their websites are converting site visitors into customers.

On a global scale, the typical conversion rate benchmark stands at approximately 3.4%.

But keep in mind that average conversion rates can change depending on factors like the industry and the devices people use.

What is the average conversion rate based on industry?
Different businesses and online stores have varying levels of competition and serve different types of customers.