Calculating Marketing Conversion Rate measures the percentage of visitors who complete a desired action. It's crucial for assessing the effectiveness of marketing campaigns and improving strategies to increase conversions.
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How to Calculate Marketing Conversion Rate?
Marketing Conversion Rate calculation involves dividing the number of conversions (desired actions completed) by the total number of visitors or leads, then multiplying by 100 to get a percentage. For example, if you have 500 conversions out of 10,000 visitors, your conversion rate would be (500 / 10,000) * 100 = 5%.
Marketing Conversion Rate Calculation
Marketing Conversion Rate formula
Conversion Rate = (Number of Conversions / Total Number of Visitors) x 100