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)
Definition of "Conversion Rates" by Chat GPT: Conversion rates refer to the percentage of website visitors who complete a desired action, such as making a purchase, signing up for a newsletter, or filling out a contact form. It is a key metric used in digital marketing to evaluate the effectiveness of a website or marketing campaign in generating leads or sales.
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