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Today's video is about setting up conversion tracking using Google Tag Manager. There are two use cases discussed: the first is when you have a thank you page URL, which is the easiest way, and the second is when you do not have the thank you page URL. This tutorial is aimed at beginners, providing a basic step-by-step guide on how to set up performance tracking or conversion tracking. The necessary tools are a website, Google Ads account, and Google Tag Manager account. The scenario presented involves a website where people can contact through the contact page or the free audit page. The tutorial demonstrates how to set up conversion actions using Google Tag Manager for both scenarios.