Conversion Rate Optimization

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Conversion Rate Optimization

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Publication Date:
March 31, 2016

Source:
IESE

This technical note presents a series of guidelines for increasing the conversion rate on a website. Conversion need not involve a monetary transaction. The goal could be to get the visitor to complete a registration process, share some news, invite a friend, become a fan of a sports team, download something, request a vehicle test drive, and so on. Conversion rate optimization should follow a series of prescribed steps to maximize its effectiveness. The five stages of the process-all linked to an initial analysis to identify the company’s business objectives-are as follows: preliminary analysis, formulation of hypotheses, performance of specific tests, examination of results, and implementation of continuous improvement based on what has been learned.

Copyright © 2021 Harvard Business School Publishing. All rights reserved. Harvard Business Publishing is an affiliate of Harvard Business School.

Conversion Rate Optimization

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