Conversion tracking
With reference to display media and search media, conversion tracking is the measurement of media performance with reference to campaign key performance indicators.
This process functions thanks to a JavaScript tracker or a pixel tracker, which instantaneously records quantitative actions. Results are cross-referenced with the KPIs, or measures of success, to gauge if the media inventory has achieved its targeting parameters.
Common measures of success include:
- Conversion rate: the ratio of orders to visitors
- Drop-off rate: the ratio of users that started processes but did not finish
- Clickthrough rate: the ratio of total visitors with exposure to an advertisement, over those visitors who clicked through to the website
- Registration rate: the ratio of website visitors who register to visitors leaving the site without registering again
- Interaction rate: the ratio of users,, who have been exposed to the ad to those who have interacted
Measures of success usually differ by the campaign and creative concept.