Conversion Rate

Refers to the rate at which visitors to a website convert. It is up to the site owner to decide what a conversion is e.g. a sale, an email sign up etc. Conversion rate is normally expressed as a percentage. Conversion rates can be used to help calculate maximum bids for PPC, and also to ascertain the ROI for marketing campaigns.

Cost Per Thousand (CPM)

A metric to allow the easy comparison of various costs. Originally used by the print industry CPM referred to the cost per thousand of a given print job. Today this is sometimes used as a payment model for online advertising. Unlike CPC where you pay on a per click basis, with CPM you are charged a fee per thousand impressions.

See Also: CPC

Hits

Widely regarded as an out-moded metric, a hit is not the same as a visit. A hit is a download of a file from a web server – so if a page on your site contains 5 graphics, then you will generate 6 hits every time this page is requested – 5 for the graphics and 1 for the page.

See Also: Visit

Page Views

Marketing metric which refers to the total number of times a page has been viewed over a given time frame. So 5 page views maybe 5 different visitors viewing a page once each, or one visitor returning to a page 5 times.

Session

An online marketing metric. A session is when a user accesses a site and then either leaves of their own accord, or the session will expire after a period of inactivity.

See Also: Visit

Share of Wallet

A Marketing Metric which refers to the amount of spend you get from your customers versus their total spend. This can be difficult to calculate as you will not always know exactly how much your customers have to spend.

Visit

An online marketing metric. A visit is when a user accesses a site and then either leaves of their own accord, or the session will expire after a period of inactivity.

See Also: Session

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