Uncovering your website conversion rate is easy to calculate and can transform a good online business into a great online business.
For instance, if 10 out of every 100 of your website visitors submit their email address and/or name in exchange for an ethical bribe, then you have a 10% opt-in rate (100/10 = 10 percent).
That’s not too shabby these days.
And if 2 out of those 10 opt-ins buy your offer, then you have a 2% buy-in rate (100/2 = 2 percent).
But your opt-in and buy-in conversion rates reveal only part of the marketing story. The other part is how much value to assign each of your visitors, regardless if they decide to opt-in or buy-in.
This simple, yet critical metric is called (more…)