Conversion Rate measures the share of visitors who take the action you care about, most often a purchase or signup. It is the clearest test of whether traffic, supply, and checkout are working together. On marketplaces low conversion frequently traces back to liquidity rather than design: buyers who cannot find the right listing leave no matter how good the funnel looks.
Conversion Rate
The share of visitors who complete a desired action
What it is
Formula
Conversion Rate = (Conversions / Total Visitors) × 100