Glossary
Glossary
Glossary
Lead Conversion Rate
Lead Conversion Rate
Definition
The percentage of leads that convert into customers. It is calculated by dividing the number of conversions (sales) by the total number of leads, then multiplying by 100. This metric helps businesses evaluate the effectiveness of their sales and marketing efforts.
The percentage of leads that convert into customers. It is calculated by dividing the number of conversions (sales) by the total number of leads, then multiplying by 100. This metric helps businesses evaluate the effectiveness of their sales and marketing efforts.
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