Lexeme: conversion rate  
Inferred
Definition:
  1. ['noun']. Conversion rate refers to the percentage of website visitors or users who take a desired action or complete a specific goal. This could include making a purchase, filling out a form, subscribing to a newsletter, or any other action considered valuable to the business or website owner. The conversion rate is calculated by dividing the number of conversions by the total number of visitors or users, and is used as a key metric in measuring the effectiveness of marketing campaigns and optimizing website performance. GPT3.5
Word Forms:
  • noun. conversion rate (singular), conversion rates (plural)
Synonyms:
(none)
Abstraction:
Composition:
(none)
Ad hoc Categories:
(none)
Related Concepts:
(none)
Policy Examples:
(none)
(Feedback)



Carnegie Mellon University | Privacy Policy