Wednesday, July 6, 2011

Conversion Rate Gains Beat Traffic Gains

It’s a lot easier to improve your conversion rate by a percentage point or two than it is to double or treble your traffic, says Neil Shearing. "If you get 1,000 visits per month at a one-percent conversion rate, you make 10 sales," he says. "If you improve the conversion rate to two percent, you’ll double your sales to 20 per month. If you went in search of more traffic instead of improving your conversion rate, you’d have to double that, which means getting 2,000 visits per month instead of 1,000.

No comments:

Lots of Reasons to Worry about AI Infra, But Customer Concentration Cannot be Helped

There are lots of reasons for investors to worry about the artificial intelligence infrastructure business. After all, firms generally are c...