What is Your Best Conversion Rate?

[nomad]

When I run ads, and if I have at least a 5 percent conversion rate, I will be able to cover my marketing cost, anything above 5 percent will be my profit. On average, my conversion rate is 7 percent. Even though my click through rate, especially on social media ads are higher, my social media ads have lower conversion, where as my ads on online marketplaces have high conversion.

 

[Blessed19]

Well it would be nice to get to learn so many things from you as it regards to marketing online and having a good conversion rate at ads that one runs because I don't have a good understanding of what is being said here.

 

[Yohanna]

When I run ads, and if I have at least a 5 percent conversion rate, I will be able to cover my marketing cost, anything above 5 percent will be my profit. On average, my conversion rate is 7 percent. Even though my click through rate, especially on social media ads are higher, my social media ads have lower conversion, where as my ads on online marketplaces have high conversion.

That's a very good calculation! I've not run any ads and I don't know exactly how it will operate but based on your analysis, I think it is worth it because it's an avenue to generate passive income as well.

 

[fcbetting]

Sometimes people start first campaign and check what results they will get. Then they analyze, learn what was good and then start new campaign with new parameters. Like they optimize campaign.

 

[Bisolami]

Well it would be nice to get to learn so many things from you as it regards to marketing online and having a good conversion rate at ads that one runs because I don't have a good understanding of what is being said here.

But don't you think learning so many things may be confusing at times? There are times when we should focus on just one or two things and just be good with them