Conversion Rate Is a Measure of The

question 25

Multiple Choice

Conversion rate is a measure of the:

• A)percentage of visitors who indicate an interest in a site's products by registering or visiting a product's pages.
• B)percentage of visitors who become customers.
• C)percentage of existing customers who continue to buy on a regular basis.
• D)percentage of shoppers who do not return within a year after their initial purchase.

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Definitions:

Public Companies

Corporations whose shares are traded publicly on stock exchanges, subject to regulatory oversight and required to disclose financial information.

Big Data

Vast collections of data that, when computationally analyzed, can expose patterns, trends, and connections, with a special focus on human behavior and interactions.

Microsegment

A very specific group of customers within a market, characterized by particular and distinct preferences or needs.

Big Data

Massive datasets that can be examined through computational methods to uncover patterns, trends, and relationships, particularly in the context of human behavior and interactions.