Council Post: All About Effective Conversion Tracking Through Click Analysis
Briefly

A conversion is when you convert a visitor to your site or reader of an email to complete a desired request, like booking an appointment, in response to your efforts... Conversion tracking helps you identify which ones are working so you can make the most of your ad spend.
Through the use of conversion tracking, you are able to monitor and also generate reports on the success of a campaign... You set up this desired action in Google Analytics.
Read at Forbes
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