Conversion Rate Optimization
Conversion optimization aka Conversion Rate Optimization (CRO) is a system for increasing the percentage of visitors to a website that converts into customers by taking any desired action on a webpage. Online CRO was born out of the need of e-commerce marketers to improve the performance of their website in the aftermath of the dotcom bubble. Internet marketers produced measurables to improve website user experience due to the growth of competition in the early 2000s. And in 2004, new tools for experimenting website design and content variations were developed to determine which one performs best. This form of optimization increased in 2007 with the introduction of Google Website Optimizer which was a free tool. As per the study conducted in 2014, the majority of the respondents considered CRO as a crucial system for their overall digital marketing strategy. CRO seeks to increase the number of visitors to a website that takes a specific desired action like submitting a w...