Whenever you are managing an online store you’re always looking for an alternate option to grow more over sales and try to focus on providing valuable services to each of the customers. The prior step is to pull the ¾ of the traffic directly to your site.
Conversion rates optimization is an enormous process where it creates untapped opportunities for marketers and might even surprise by the sized impact that you could be able to deliver it by creating a fine tuning and tempo over your website conversions.
There are few formulas too, which might help you to tackle conversion rate optimization to your company with a goal set.
- New revenue goal ÷ Average sale price = No of new customers
- No of customers ÷ Lead to customers close rate % = Lead goal
- Lead generate ÷ website traffic x 100 = % conversion rate
If you increased your conversion from 1% to 2% than you’d be able to double your leads and customers. In short, raising your conversion rate means the more of your site traffic converts to the substantive result that grows your business rapidly.
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