Conversion (Conversion Rate, CR – Conversion rate) is one of the many terms used in today’s popular marketing. So what is the concept and meaning of the Conversion ai Let’s find out
Conversion ai group buy is probably particularly important in Advertising on Google and the form of advertising charging targeting people who turn visitors into buyers. It can be said that this rate rated the quality of post ads and the effectiveness of the entire marketing campaign to pay your fee.
What is Conversion?
Translated from English, Conversion Understand is the transition from something to something else.
For Marketing & PR people (hereinafter referred to as M & PR) in today’s era (and the whole day of the old days), Conversion ai understood quickly as the transition from potential customers to customers agreeing to use Products and services are provided.
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The law of energy conservation states that: “Energy cannot be born or lost naturally, it only transforms from one form to another”
Facebook-Er generation is probably many people lying on the sentence: “The money is not naturally born or lost. It just moved from this person’s pocket to another bag ”
Meaning if potential customers do not use your product or service – speak quickly to pay for you – they will pay for others … or speak long line to use the product and service Player.
Almost never had 100% potential customers will become a customer paying you, somewhat somewhere.
So when it comes to Conversion, people are accompanied by Rate (ratio) What is the Conversion?
What is the Conversion Rate?
In 100 potential customers, how many fun will you withdraw? A great question for business people.
Come here that you can read what is Conversion ai group buy in M & PR, widely spoken in business: Business Conversion is The Conversion from Value to Money!
We do not exhibit this sentence, please be transfer as follows: Conversion in business means the transition from the value made by the company to another value, more commonly!
Conversion Rate for you 2 Important Information
Suppose your Conversion Rate is 20%, then every 100 people come to your company, only 20 people are paying for something that you provide.
This also means:
- Your products and services provide, responsive & satisfying 20% of the market’s needs (that’s knowing us)
- 80% of the demand of the market almost fell into the current competitor, or in the future if they had “better things” (that knows people)
- What is the conversion
- Why do you need to care about Conversion Rate in marketing activities?
With this sentence, the top 10 google replies are relatively diverse, there is an unrelated answer to the question. For me, Cr is an important and necessary indicator because.
Pursuant to the effectiveness of the activities related to Conversion Conversion
You deploy a [Activity 1] campaign, what kind of type, will eventually evaluate it is successful or failure. So based on where we know success or failure?
It is based on the successful scale determined before making a campaign, and the Conversion Rate is one of them.
If the campaign is considered to fail based on the CR index, meaning that the next thing you need to do is optimize it, one of the solutions to this is to conduct an a / b test [operation 2].
If the campaign is consider successful. So what? It continues to optimize by the A / B test because the nature of the optimal is constantly doing better than the current until not finding any better.
Normally the conversion rate is determin based on:
- Subjective desire
- Experience of man campaign (if experienced)
- The standard ratio in a certain industry (if there is that rate)