What metrics should I track for conversions?
An example of an AI chatbot conversation about tracking conversion metrics.
What metrics should I track for conversions on my website?
You should track metrics like conversion rate, bounce rate, average order value, and customer acquisition cost.
How do I calculate the conversion rate?
The conversion rate is calculated by dividing the number of conversions by the total visitors, then multiplying by 100.
What tools can I use to track these metrics?
You can use tools like Google Analytics, HubSpot, or Mixpanel to track these metrics effectively.
Is there a specific conversion rate I should aim for?
It varies by industry, but a general benchmark is around 2-5%. Aim to improve your rate over time.
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