Conversion rate defines the percentage of online visitors who take the desired action. In ecommerce, specifically, the intended action is product purchase, subscription, membership registration for, newsletter subscription etc, or any other action you want your online visitors to take.
How to optimize Conversion Rate?
You get traffic on your ecommerce website, but if it doesn’t convert, all efforts go in vain. Your unique value proposition is the main decisive element determining the conversion rate on your site. By creating a stunning value proposition, that distinct you from your competitors, you can raise the conversion rate. Before, creating a value proposition, you must put yourself in your customers’ shoes and think like them. The visitors think:
“Why should we care?”
“What is in it for me?”
Also, pay attention to the page elements, especially font (style, size, color, etc), button (shape, color, size, placement). By changing these elements, you can change the results.