Definition of Conversion Tracking
Monitoring and recording the actions that users take after engaging with an advertisement or marketing campaign.
Explanation of Conversion Tracking
Conversion tracking is the process of monitoring and recording actions that users take after interacting with an advertisement or website. These actions, or conversions, can include purchases, sign-ups, downloads, or any other desired outcomes. Conversion tracking involves using tracking codes, cookies, or other technologies to collect data on user behavior and attribute conversions to specific marketing efforts. By analyzing this data, businesses can measure the effectiveness of their campaigns, understand user journeys, and optimize their strategies. Conversion tracking provides valuable insights into which channels and tactics drive the most conversions, helping marketers allocate resources more efficiently and improve overall performance.