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Marketing Glossary· CVR

What is Conversion Rate (CVR)?

By Nikhil Sharma · Updated 1 November 2026 · Marketing Glossary
Definition

Conversion Rate (CVR) is the percentage of visitors or users who complete a desired action — such as a purchase, sign-up or enquiry — out of the total who had the chance to.

How to calculate conversion rate

Conversion rate = (Conversions ÷ Total visitors) × 100

50 enquiries from 2,000 visitors is a 2.5% conversion rate. Define ‘conversion’ clearly — a sale, a lead, a signup — and measure each separately.

What is a good conversion rate?

It varies hugely by industry, traffic source, device and what counts as a conversion. Rather than chase a benchmark, measure your baseline and improve it — a relative lift on your own rate is what adds revenue. It is the core metric of CRO.

How to improve it

  • Match the landing page to the source message and intent.
  • Remove friction — fewer fields, clearer next step.
  • Strengthen proof and the value proposition.
  • Test changes (A/B testing) and keep the winners.
Related terms
CROLanding PageCPACPLBounce Rate
NS
Written & reviewed by Nikhil Sharma
Founder, Fabulous Media
Nikhil has led growth for 850+ brands across 35 nations since 2008. Fabulous Media is an invitation-only growth agency that reports on pipeline and revenue, not vanity metrics. Meet the team · Request an invite.

Questions, answered

It depends on your industry, traffic source and what you count as a conversion, so there is no universal benchmark. Measure your own baseline and focus on improving it — a relative lift is what matters.

Divide the number of conversions by the total number of visitors (or sessions) and multiply by 100. Define the conversion clearly, such as a purchase, lead or sign-up.

Match the landing page to the visitor's intent, remove friction, strengthen your proof and value proposition, and A/B test changes — the discipline of conversion rate optimization (CRO).

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