Measurement glossary

What Is Conversion Rate?

Definition

Conversion rate is the percentage of eligible visits, clicks or users that complete a defined conversion.

How Conversion Rate Works

Divide conversions by the selected denominator and multiply by 100. The denominator must be labeled because click conversion rate and session conversion rate are not identical.

A Simple Example

If 500 ad clicks produce 25 qualified leads, the click-to-lead conversion rate is 5%.

Why Conversion Rate Matters

Conversion rate connects traffic volume to outcomes and helps diagnose landing-page, offer and traffic-quality changes.

Common Misreading

A higher rate can come from narrowing traffic rather than improving the experience. It should be read alongside volume, lead quality and customer economics.