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What are conversions in marketing?

By - Apr. 2, 2023

Conversions in marketing refer to the rate at which customers take a desired action. This may include completing a purchase, signing up for a newsletter, downloading an app, or any other desired user activity. The goal of marketing is to maximize conversions by increasing the proportion of users taking the desired action.

Conversions in marketing are important because they help measure the success of campaigns and ad strategies. By tracking conversion rates, marketers can identify which tactics are working best and use that information to optimize future strategies and increase overall ROI.

How to increase conversions in marketing;

  • Social Media. When a user engages with a brand's post on social media, for example, by liking, sharing, and commenting on the post

  • Email Conversion. When a user clicks a link from an email sent by a company, usually to purchase a product or sign up for a service.

  • Content Conversion. When a user takes action after reading an article or blog post on a website.

  • Lead Conversion. When a user signs up for a newsletter or downloads an ebook or whitepaper.

  • Shopping Cart Conversion. When a user adds items to their shopping cart and proceeds to checkout.

  • Phone Conversion. When a user calls a business to ask questions or inquire about their products or services.

  • Survey Conversion. When a user completes a survey or provides feedback on a product or service.

  • Event Conversion. When a user attends an event hosted by a company, such as a webinar or a workshop.

  • Ad Conversion. When a user clicks on an online advertisement and takes action, such as viewing a website or making a purchase.

  • Retargeting Conversion. When a user clicks on an advertisement targeted specifically at them based on their past interactions with the company.

What are conversions in marketing?

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