reporting
Conversion rate
Conversion rate is the share of conversations or contacts that end in the outcome you wanted, such as a sale, an appointment, or a qualified lead.
Conversion rate is the share of contacts that end in the result you were after. That result depends on the campaign: it might be a sale, a booked appointment, a survey completed, or a qualified lead handed to a sales team. Whatever the goal, conversion rate ties all that dialing and talking back to the one outcome that pays for the whole operation, which is why it tends to be the number leadership cares about most.
It sits at the end of a chain. First you reach people, which is your contact rate; then you persuade some of them, which is your conversion rate. Because of that ordering, a low conversion rate can mean two very different things: either you are reaching the wrong people, or your agents and pitch are not landing with the right ones. Reading conversion alongside contact rate helps you tell those apart, so you fix the actual problem instead of guessing.
The number is only as honest as your dispositions. Every call gets a disposition when the agent wraps up, and the conversions are counted from the dispositions you have defined as a win. If agents tag calls sloppily, the rate becomes meaningless, so clean and consistent dispositioning is the quiet foundation under this whole kpi. A quick audit of a sample of calls now and then keeps the definition honest.
Conversion versus close
People often use conversion rate and close rate loosely, but it helps to fix a definition and stick to it. Close rate usually means wins per live conversation, while conversion rate can be measured against contacts, leads, or even total dials depending on what you want to learn. Decide the denominator up front and write it down. Then break the number down with agent performance so you can coach the people who are converting below the team's pace and learn from the ones above it.
Related terms
Agent performance
An agent performance report ranks each agent over a period on calls, talk time, sales, and pauses, so supervisors can coach and compare fairly.
Close rate
Close rate is the share of live conversations that end in a win, measuring how well agents turn a reached person into the result you wanted.
Contact rate
Contact rate is the share of dialed numbers that reach a live person, telling you how much of your list and dialing is actually producing conversations.
Disposition
A disposition is the short code an agent sets at the end of a call to record what happened — sale, no answer, callback, not interested, and so on.
KPI
A KPI, or key performance indicator, is a single number you track over time to tell whether a campaign or agent is moving toward its goal.