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In this video tutorial on conversion rate optimization, attendees will learn a four-step framework aimed at converting traffic more efficiently, which is crucial for gaining a competitive advantage online. The session discusses implementing a cross-channel conversion action plan that evaluates the overall website performance and its effectiveness in converting visitors. An example provided highlights a case where an assessment of device performance revealed that the Samsung Galaxy S10 was underperforming due to a non-functional button. After addressing this issue, the website saw a significant increase in revenue, earning an additional $50,000 monthly and over $600,000 annually without further investment.