Private Limited Company Registration-Venture Care conversion rate in digital marketing in india | Page 3
Below are three formulas are mention to help you for how to tackle CRO at your company, and
what goals to set:
1.
2.
3.
Revenue goal ÷ Average sales price = # of new customers
# of new customers ÷ lead to customer close rate % = lead goal
Leads generated ÷ website traffic X 100 = % conversion rate
We help you understand the smash of CRO could have on your business the best example for
formulas in action are describe below in detail—
If your website has 10,000 visitors per month that generate 100 leads and subsequently, 10
customers each month, the website visitor to lead conversion rate would be 1%.
But what if you wanted to generate 20 customers each month? You could try to get 20,000
visitors to your website and hope that the quality of traffic doesn’t decrease. Or, you could get
more leads from your existing traffic by optimizing your conversion rate.
If you increased the conversion rate from 1% to 2%, you’d double your leads and your customers.
Conversion rate optimization is important because it allows you to lower your customer purchase
costs by getting more value from the visitors and users you already have. By optimizing
your conversion rate you can increase proceeds per visitor, earn more customers, and Increase
your business.
For example, if a landing page has a conversion rate of 10% and receives 2000 visitors a month,
then the page will generate 200 conversions per month. If the conversion rate can be upgrade to
15% by optimizing different elements on the page, the number of conversions promot jumps by
50% to 300 per month.
Venture Care can help you with the Conversion Rate Optimization Services, Click here to know
about our Conversion Rate Optimization Services in India.
If you have any query please comment in the comment box below or call us on 020 65363633
www.venture-care.com
[email protected]
020-65 3636 33