Conversion marketing is a strategy aimed at encouraging customers to take specific actions, often referred to as ‘conversions’. These actions can vary based on the individual’s goal, from making a purchase in the case of online retailers, to signing up for a membership for content creators. The effectiveness of this strategy is measured using the conversion rate, which is the ratio of website[2] visitors who perform the desired action. To increase this rate, conversion marketing involves a range of tactics such as optimizing customer[1] service, personalizing customer experiences, and improving website usability. It also employs various tools and services like behavioral analysis, targeted offers, and personalized communications. Overall, conversion marketing is viewed as a long-term investment for businesses, playing a crucial role in achieving their goals.
The article's lead section may need to be rewritten. (June 2015) |
In electronic commerce, conversion marketing is marketing with the intention of increasing conversions—that is, site visitors who are paying customers.