Definition
Conversion rate divides conversions by sessions (or visitors). It is the multiplicative middle of growth - doubling it halves CAC and doubles ROAS with zero extra spend. Landing pages we build average 8-17% against 2-4% category norms because the page is engineered against one objection.
Why it matters
Traffic is rented; conversion is owned. It is the cheapest place to look for growth first.
Formula
Conversions / Visitors
Benchmarks
2-4% typical e-commerce; engineered landing pages: 8-17%
All glossary terms