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e-Commerce Glossary · D-E
What Is Conversion Rate?
In digital marketing and e-commerce, the percentage obtained by dividing the number of users who reach a specific goal by the total number of visitors. For example, if 5 out of 100 visitors to a website buy a product, the conversion rate is 5%. This rate is used to evaluate the effectiveness of campaigns or websites, and higher conversion rates generally mean more successful marketing strategies.