Conversion Rate
Beginner PronunciationEN/kənˈvɜrʒən reɪt/
Conversion rate is the percentage of users who completed the target action — such as purchasing, signing up or submitting a form.
Every business defines its own “conversion”: a store counts purchases, a publisher counts newsletter signups. Conversion rate is the main bridge between traffic and revenue; doubling it doubles output with the same traffic.
Sources:Wikipedia — Conversion rate