What is a CR (Conversion Rate)?
Formula: (Number of Conversions / Total Number of Visitors) × 100
The percentage of visitors who complete a desired action. For example, an e-commerce site with 10,000 visitors and 300 purchases has a 3% conversion rate. Essential for e-commerce, lead generation, and subscription businesses. Companies like Amazon and Shopify help merchants optimize their conversion rates through A/B testing and user experience improvements.
Good conversion rates vary by industry and conversion type, but generally range from 2-5% for e-commerce. Consider factors like traffic quality, user intent, and competitive benchmarks when evaluating conversion performance.
Improve conversion rates through A/B testing, user experience optimization, and funnel analysis. Focus on page speed, mobile optimization, and trust signals to enhance user confidence and completion rates.
Conversion rates are influenced by website design, content quality, user experience, and offer relevance. Market conditions, competition, and seasonal factors also affect conversion performance.
Ready to get more customers for your SaaS?
Book in a call and I’ll show you how I’d scale your acquisition with Google Ads for your product.