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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 improved to 15% by optimizing different elements on the page, the number of conversions generated jumps by 50% to 300 per month.
The five primary elements of Conversion Rate Optimization (CRO) are data analysis, A/B testing, user experience design, content optimization, and call to action (CTA) optimization. These help improve website conversions by analyzing user behavior and making strategic changes.
To calculate a conversion rate, take the number of conversions divided by the total number of visitors. For example, if an ecommerce site receives 200 visitors in a month and has 50 sales, the conversion rate would be 50 divided by 200, or 25%.
5 steps to conversion rate optimization Start with the why. Before you carry out any research, you need to determine your conversion goals. Hypothesize. Prioritize. Test and experiment. Learn, test, and repeat.
How do I run a conversion rate optimization experiment? Research. Identify areas of improvement in this phase. Hypothesis. Based on the gathered data, decide what changes youll make on your pages. Prioritize. Decide which hypotheses youre going to test first. Test. Learn.
What is conversion rate optimization or CRO? Conversion rate optimization is the practice of increasing the percentage of users who perform a desired action on a website. Desired actions, also called conversions, can include purchasing a product, clicking add to cart, or filling out a form.
One example of a successful conversion optimization strategy used by a well-known company is Amazons personalized recommendations. By analyzing customer behavior and purchasing patterns, Amazon can suggest products that individual customers might be interested in, leading to an increase in sales and conversions.

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