Comments on: Why Conversion Rate is a Horrible Metric to Focus On https://www.smartinsights.com/goal-setting-evaluation/goals-kpis/why-conversion-rate-is-a-horrible-metric-to-focus-on/ Digital Marketing > The Marketing Strategy Blog Tue, 16 Jun 2020 23:22:22 +0000 hourly 1 By: Conversion Rate: The (Real) Score of Your Success | Fetchprofits https://www.smartinsights.com/goal-setting-evaluation/goals-kpis/why-conversion-rate-is-a-horrible-metric-to-focus-on/#comment-68576 Tue, 16 Jun 2020 23:22:22 +0000 http://www.smartinsights.com/?p=2116#comment-68576 […] true that conversion rate is not the greatest way to measure your success as Dan Barker […]

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By: Yiannis Gedeon (@akronsound) https://www.smartinsights.com/goal-setting-evaluation/goals-kpis/why-conversion-rate-is-a-horrible-metric-to-focus-on/#comment-51490 Tue, 26 Apr 2016 13:29:06 +0000 http://www.smartinsights.com/?p=2116#comment-51490 Firstly conversion rate is not a horrible metric to focus on as the title says. It just doesnt make much sense as a standalone metric and needs – as you correctly say- further segmentation in order to understand performance. However which metric doesnt in a multi-channel, multi-device world?

Conversion rate could be your “red alert” monitoring metric and accompanied with a couple of other metrics such as RPV, AOV, ARPVisitor, Total orders, total traffic etc can form a great dashboard for high level understanding of your web site’s acquisition efforts for daily review. Having said that in highly converted sites where conversion rate will be more stable during non-volatile periods you will find yourself better off focusing on AOV and RPV segmented by channel rather conversion.

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By: John Hinds https://www.smartinsights.com/goal-setting-evaluation/goals-kpis/why-conversion-rate-is-a-horrible-metric-to-focus-on/#comment-49012 Wed, 03 Feb 2016 18:12:12 +0000 http://www.smartinsights.com/?p=2116#comment-49012 Really good and in depth analysis Dan, like it.

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By: EfrenSJones https://www.smartinsights.com/goal-setting-evaluation/goals-kpis/why-conversion-rate-is-a-horrible-metric-to-focus-on/#comment-40081 Wed, 03 Jun 2015 10:24:43 +0000 http://www.smartinsights.com/?p=2116#comment-40081 Thanks for share this post.

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By: RheemaC https://www.smartinsights.com/goal-setting-evaluation/goals-kpis/why-conversion-rate-is-a-horrible-metric-to-focus-on/#comment-20614 Tue, 03 Jun 2014 10:39:00 +0000 http://www.smartinsights.com/?p=2116#comment-20614 Great article on how to manage and measure your return online. Very nice way to break it down and begin to understand different ways to think about interpreting conversion rates.

It’s also important to take into account various tools and technologies which will improve your conversion rates offline so for example identifying visitors (companies in the B2B sense) and who have left but how can you re-engage with these companies and find out who they are or contact them, or alternatively tracking the inbound telephone calls and tagging these to your acquirable sales/conversion rates. There’s loads of telephone based systems that will plug into GA but can’t remember for the life of me what they are. There’s also a great tool called http://www.whoisvisiting.com which we make use of and reports the companies that have visited and left.

If I can remember the telephone number tracker I’ll jump back on here and be sure to let everyone know!

Thanks

Jake

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By: Ranjanraji https://www.smartinsights.com/goal-setting-evaluation/goals-kpis/why-conversion-rate-is-a-horrible-metric-to-focus-on/#comment-20226 Sat, 03 May 2014 19:52:00 +0000 http://www.smartinsights.com/?p=2116#comment-20226 Awsome Info, and pretty great learning stuff. Learned a lot today from this article except once clarification; “your site has most definitely improved, but it’s very likely your headline conversion rate will go down”. I didn’t get this line.

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By: Mia Gordon https://www.smartinsights.com/goal-setting-evaluation/goals-kpis/why-conversion-rate-is-a-horrible-metric-to-focus-on/#comment-19984 Tue, 15 Apr 2014 08:33:00 +0000 http://www.smartinsights.com/?p=2116#comment-19984 Awesome article I agree. I’m reading this over and over again to assimilate it all. Thanks heaps for writing it

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By: David Scott https://www.smartinsights.com/goal-setting-evaluation/goals-kpis/why-conversion-rate-is-a-horrible-metric-to-focus-on/#comment-19096 Sat, 08 Feb 2014 15:59:00 +0000 http://www.smartinsights.com/?p=2116#comment-19096 Awesome article Dan! Thx for writing it! Curious, in your HPOV, what is a good growth goal for conversion rates? Example, can a company go from 2% to 10% in one year, doing most of the same things, i.e. PPC, content creation, etc?

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By: Hassan https://www.smartinsights.com/goal-setting-evaluation/goals-kpis/why-conversion-rate-is-a-horrible-metric-to-focus-on/#comment-17193 Fri, 22 Nov 2013 18:48:00 +0000 http://www.smartinsights.com/?p=2116#comment-17193 Thanks Carmen, that’s really helpful and interesting,

Which is right Director of Sales or Director sales and Marketing ? and why

Thanks for u kind support

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By: Julia https://www.smartinsights.com/goal-setting-evaluation/goals-kpis/why-conversion-rate-is-a-horrible-metric-to-focus-on/#comment-16760 Mon, 04 Nov 2013 20:33:00 +0000 http://www.smartinsights.com/?p=2116#comment-16760 Very Interesting post!

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