Funnel Conversion Rate Metric

Measure the rate of which leads move through the marketing funnel.

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Digital Marketing KPI Example - Funnel Conversion Rate MetricDigital Marketing KPI Example - Funnel Conversion Rate Metric

Overview

The Funnel Conversion Rate metric helps your team understand and monitor how effective their efforts are in prompting leads to complete goals and move through to the end of funnel. Monitoring the funnel conversion rate gives your team valuable insight into the efficiency of their marketing efforts and into the volume trends of their funnel.

Formula

(Number of leads that have moved to the next stage in the funnel/Leads in funnel stage)x100

Reporting frequency

Monthly

Example of KPI target

22% conversion rate

Audience

Marketing Manager

Variations

Funnel Goals Completed Rate

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