Meaning of "Conversion rate"
The percentage of visitors who take specific actions, such as signing up or making a purchase
"After improving the landing page, the conversion rate more than doubled."
Related slang words
RetentionThe percentage of customers who return to use the service repeatedly after their first visitFunnelA funnel-like flow where customers enter and exit in stagesRisk HedgingMinimizes damage by spreading out potential risksBrandingActivities designed to instill the brand’s image and identity in customersRun a pilotConducting a small-scale trial run prior to the official launchPositioningA strategy for establishing our brand’s position in customers’ mindsSegmentA segment of the overall market defined by specific criteriaFlexible work hoursEmployees may choose their own start times, provided they work during core working hours