Hmmm… looks like we can help you refine those numbers for better results and profitability!Get Started!
Do you all know that it’s more costly to acquire new prospects than to retain existing ones! That’s why extending your CLV is essential to a healthy business model & overall business strategy… Don’t believe us? Here is an Ebook on 7 vital metrics every startup founder should know – you need to read if you want to increase profitability, retention and overall ecommerce success.Download
Answers to Frequently Asked Questions
A conversion is a point at which a recipient of a marketing communication executes the desired action. In other words, convincing someone to take action on your call to action defines a conversion.
Action is one that you describe as important to your business when someone responds to your text ad or video ad (for example, clicks it or views it) and then performs an action you define as beneficial to your business, such as making an online purchase or calling your company from a mobile device.
Divide the number of goals attained in a certain amount of time by the total number of website visitors, then multiply the result by 100 to get your conversion rate. Your conversion rate would be 5%, for instance, if you had 50 conversions out of 1,000 interactions since 50/1,000 equals 5%.
By extracting more value from the visitors and users you already have, conversion rate optimization enables you to reduce your customer acquisition expenditures. You can boost revenue per visitor, attract more clients, and expand your business by optimizing your conversion rate.
Businesses of all sizes use CPA marketing, also known as cost-per-action marketing, to expand their marketing efforts and reach a wider audience.
By dividing the overall cost of conversions by the total number of conversions, the average cost per action (CPA) is determined. Your average CPA for those conversions, for instance, would be INR 3.00 if your advertisement resulted in two conversions, each of which cost INR 2.00 and INR 4.00.
Take a step ahead, try this easy-to-use target CPA calculator and plan your marketing strategies accordingly.
The Target CPA Calculator is straightforward and easy. All you have to do is add the required metrics and you will have your target CPA.