What are the best strategies for customer rate optimization?
Using metrics like conversion rate, bounce rate, click-through rate (CTR), average time on site, customer acquisition cost (CAC), customer lifetime value (CLV), eCommerce conversion rate, exit rate, macro conversions, cart abandonment rate, cost per acquisition, average order value (AOV), lead conversion rate and more, you can measure the success of your rate customer or conversion rate optimization. Platforms like Google Analytics 4 (GA4) and Fibr AI can also help dissect each metric in detail. The metrics can be a guiding light to understand if your conversion rate optimization (CRO) processes are yielding the desired result. By reviewing this metric regularly, you can ensure continuous optimization and help your business achieve meaningful growth.