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Conversion rate

Companies use conversion rates to measure their website's success, as it indicates how effectively their website converts visitors into customers or subscribers. Conversion rate is the percentage of website visitors that take a desired action. This action can range from signing up for a newsletter to purchasing a product. Companies may use A/B testing, segment their audience, or optimize their website for search engines to improve conversion rates. These tactics can help companies understand the needs of their customers and develop the most effective website possible.

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Additional glossary terms

Customer Feedback Benefits

Customer feedback is invaluable! It provides valuable insights that help businesses improve products/services, understand customer needs, and build better customer relationships. Benefits include increased customer satisfaction, improved customer retention, and increased sales.

Software Roadmap Template

This software roadmap template provides a comprehensive overview of your software product's timeline, objectives, features, and strategies to help you plan and track your product's development. Get started today and take control of your software product's future!

Public Feedback Management Software

Public feedback management software helps businesses manage customer feedback better. It helps to automate processes, collect feedback from multiple channels, analyze data and utilize the insights to improve customer experience.

Product Management Glossary

The Product Management Glossary is a comprehensive resource for product professionals. It includes concise definitions of common product management terms. Get up to speed and expand your product management vocabulary today!

Roadmap templates

Product Full Timeline Roadmap Template

The Product Full Timeline Roadmap is a visual planning tool used to track and plan the entire lifecycle of a product, ensuring stakeholders understand the development strategy, timeline, and dependencies.

Product Initiative Roadmap Template

The Product Initiative Roadmap is a visual planning tool used to manage and prioritize a set of related product initiatives, communicate progress, and manage priorities.

Product Features Roadmap Template

The Product Features Roadmap is a visual planning tool used in software development to align product development with business goals, communicate progress, and manage priorities.

Initiative Roadmap Template

The Initiative Roadmap is a visual planning tool used to plan and track the progress of strategic initiatives or projects, communicate progress, and manage priorities.

Goals Roadmap Template

The Goals Roadmap is a visual planning tool used to set and achieve goals within a specific timeframe, track progress, and communicate with stakeholders.