Conversion Rate: What It Is, Key Features, Benefits, Use Cases, and How It Fits in SEM / Paid Search
Conversion Rate is one of the most important performance metrics in **Paid Marketing**, especially in **SEM / Paid Search**, where every click has a clear cost and every campaign is judged by business outcomes. It answers a simple question: *of the people you paid to bring in, how many took the action you wanted?* The acronym **CVR** is commonly used in reporting and ad platforms to refer to Conversion Rate.