PotsNPans
2010-10-13, 10:55 AM
What does the phrase "conversion rate for Facebook users" refer to? I think this is an important business term.
suwunk
2010-10-14, 11:34 AM
I think this formula still valid;
http://upload.wikimedia.org/math/5/8/3/583b0b4ee345eaabd8a58ba19e9297ca.png
To online retailers, for example, a successful conversion may constitute the sale of a product to a consumer whose interest in the item was initially sparked by clicking a banner advertisement. To content creators, however, a successful conversion may refer to a membership registration, newsletter subscription, software download, or other activity that occurs due to a subtle or direct request from the content creator for the visitor to take the action.