Definition
A prospect or lead who has been successfully transformed from a skeptic into a paying customer—or in marketing metrics, that beautiful moment when a prospect's value finally justifies the ad spend that chased them.
Example Usage
Our email campaign had a 2% conversion rate, but the CFO only cares about the ones who didn't churn.
Source: Digital marketing and sales terminology
Related Terms
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See “convert” in Corporate Speak, Gen-Z Slang, Pirate Speak, and more.
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