Keeping Track of Website Acronyms
An acronym is a group of capital letters that are used to abbreviate a name or phrase. There are many in the digital world of the internet, with more arriving every week. Social media acronyms are not very relevant and simply degrade the language to mono-syllable utterances. Acronyms regarding website services are worth keeping track of, although some can be confusing.
Common Ones
Some have been used for the past decade or so and are now commonplace and recognizable. SEO (search engine optimization), ROI (return on investment), and URL (universal resource locator) are some examples. Newer ones include CRM (customer relationship management), and SMM (social media marketing). Another new acronym that is quite important is CRO (conversion rate optimization) because it has a dramatic impact on website revenues.
The goal of website e commerce owners is to turn browsers into buyers. The measurement of that process is called a conversion rate. CRO, or conversion rate optimization, consists of ways to increase the rate of conversions to raise website revenues. While some website owners attempt to do this themselves, a conversion rate optimisation agency can help produce better results in less time.
Increasing that rate was originally a natural by-product of SEO efforts. That was back several years ago when people just began shopping online. Today, a CRO Agency specializes in helping websites increase the amount of browsers who become buyers.
Common Ones
Some have been used for the past decade or so and are now commonplace and recognizable. SEO (search engine optimization), ROI (return on investment), and URL (universal resource locator) are some examples. Newer ones include CRM (customer relationship management), and SMM (social media marketing). Another new acronym that is quite important is CRO (conversion rate optimization) because it has a dramatic impact on website revenues.
Online Shopping
Shopping for goods and services online is quickly eclipsing shopping in physical stores. The competition is getting fierce because the choices are immense. Most people browse many different sites to get the best deals, find unique items, and just look. A browser is the internet equivalent of a physical store window shopper.A Conversation Rate
The goal of website e commerce owners is to turn browsers into buyers. The measurement of that process is called a conversion rate. CRO, or conversion rate optimization, consists of ways to increase the rate of conversions to raise website revenues. While some website owners attempt to do this themselves, a conversion rate optimisation agency can help produce better results in less time.
Increasing that rate was originally a natural by-product of SEO efforts. That was back several years ago when people just began shopping online. Today, a CRO Agency specializes in helping websites increase the amount of browsers who become buyers.
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