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What is conversion tracking and what should a business track?

· 6 min read

What is conversion tracking and what should a business track?

Ask ten business owners how their website is doing and nine will answer with a visitor count. Visitors are not an outcome. Conversion tracking is the practice of deciding which actions on your site actually mean something to the business, recording them, and using those records to judge marketing rather than guessing. This article covers what to count, what not to bother with, and how to attach a realistic value to each action.

This is the strategy side. Once you know what you want to measure, the technical work of setting up events is a separate and much shorter job.

A conversion is any action worth money to you

A conversion is simply a visitor doing something you wanted them to do. For a store that is a completed order. For a clinic it is a booked appointment. For a coaching institute it is a filled enquiry form or a phone call.

The definition is yours to set, and that freedom is where most businesses go wrong. They either count nothing, or they mark every button click as a conversion until the word loses meaning.

Macro and micro conversions: the difference that matters

Macro conversions are the outcomes the business exists for. Usually there are one to three of them, and each has direct revenue attached.

Micro conversions are the steps along the way. They do not earn money by themselves, but they show progress and they happen often enough to give you usable data on a small site.

Typical macro conversions

  • Order placed and payment completed
  • Enquiry form submitted
  • Appointment or demo booked
  • Quotation request sent

Typical micro conversions

  • Clicked the WhatsApp or call button
  • Viewed the pricing page
  • Added an item to the cart
  • Downloaded a brochure or price list
  • Subscribed to a newsletter
  • Reached the second step of a multi-step form

The reason micro conversions matter to small sites is volume. A business with 900 visits a month may get eight enquiries, and eight data points tell you almost nothing about which page works. Forty pricing-page views and twenty WhatsApp clicks give you something to compare.

Choosing what to track for your kind of business

Service businesses and consultants

The sale happens offline, so your website's job is to produce qualified conversations. Track form submissions, call-button clicks, WhatsApp clicks and brochure downloads. Add a separate marker for enquiries that arrive with a budget or requirement filled in, because those are worth far more than blank ones.

Online stores

Track the whole path: product view, add to cart, checkout started, payment method chosen, purchase completed. In India, also record which payment option was used, since UPI, cards and cash on delivery behave differently and COD orders carry a return risk that changes their real value.

Local businesses with a physical location

Clicks on the phone number, taps on directions or the map, and views of the timings page are all sensible signals. You will never fully connect them to walk-ins, and that is acceptable as long as you treat them as indicators rather than sales.

Content and media sites

Newsletter signups, article completion, and clicks to advertiser or partner pages are the meaningful actions. Page views alone flatter you.

Putting a rupee value on each conversion

Values turn a list of actions into a comparison you can act on. You do not need perfect accounting, only an honest estimate you revisit each quarter.

Work backwards from your own records:

  1. Take the last 50 enquiries from the website and count how many became paying customers. Say 10 did, giving a 20 percent close rate.
  2. Take the average value of those 10 jobs. Say it is ₹24,000.
  3. Multiply: 0.20 × ₹24,000 = ₹4,800. That is the average worth of one website enquiry.
  4. For micro conversions, estimate what fraction lead to an enquiry. If one in eight brochure downloads produces an enquiry, that download is worth about ₹600.

Now a page that produced 12 enquiries last month has generated roughly ₹57,600 in expected business, and an ad campaign costing ₹20,000 that produced three of them can be judged fairly. Use profit rather than turnover for the average value if your margins vary a lot by service.

Mistakes that make conversion data useless

  • Marking everything as a conversion. If page views and scrolls count, your conversion rate becomes meaningless and optimisation has no target.
  • Counting the same action twice. A thank-you page that is also tracked as a form-submit event will double your totals.
  • Ignoring quality. Fifty spam form entries look like a great month until someone tries to call them.
  • Never testing. Submit your own forms after every site change and confirm the conversion is recorded.
  • Tracking nothing offline. If most enquiries arrive by phone or WhatsApp, ask every caller how they found you and log the answer, however roughly.
  • Changing definitions midway. Compare like with like, or note the date the definition changed.

A starter conversion plan for a small site

Keep the first version deliberately small — one page of notes is enough:

  1. List every action a visitor can take on your site.
  2. Mark one or two as macro conversions. Resist adding a third.
  3. Choose three or four micro conversions that clearly precede them.
  4. Write a plain-English definition of each, for example "contact form submitted successfully on any page".
  5. Estimate a rupee value for each using the close-rate method above.
  6. Decide who reviews the numbers monthly and what decision they will make with them.
  7. Review the values every quarter as your pricing and close rate change.

That document is worth more than any analytics dashboard, because it says what "good" means for your business.

Turn the list into your next review meeting

Write your conversion list this week, then check it against what your site actually makes possible. If enquiries are hard to complete on a phone or the form asks for too much, fix that before measuring it. Our team often reviews this alongside a landing page build, where every element exists to support one action.

Frequently asked questions

What is a good conversion rate for a small business website?

There is no universal benchmark worth trusting, because it depends on your industry, traffic sources and what you count. Compare your site against its own past performance rather than a number from a blog post.

Should I count repeat enquiries from the same person?

For measuring marketing, no — deduplicate by phone number or email so one interested buyer is not counted three times. For measuring site usability, the raw count can still be useful.

Can I track conversions that finish on the phone?

Partially. You can track the click on the call button, then log outcomes in a simple sheet or CRM when the call happens. Asking "how did you hear about us" remains one of the most reliable low-tech measurements.

How many conversions do I need before the data is reliable?

Treat fewer than about 30 in a period as directional only. This is exactly why micro conversions are useful on low-traffic sites.

Thinking about a website?

See what a package covers and what it costs, or ask us about your own project.

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