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Calculating Cost Per Lead

What is the formula for calculating conversion cost?

Learn the formula for calculating conversion cost, see a worked example, and find out how lower conversion costs lead to more leads and booked calls.

What is the formula for calculating conversion cost?

What is the formula for calculating conversion cost?

Key Facts

  • The conversion rate formula is simple: number of conversions divided by total opportunities, multiplied by 100 according to Amplitude's guide.
  • Email drives landing page conversions at 19.3% — the highest of any channel, per Unbounce data.
  • AI-referred shoppers convert 54% better than other traffic in US retail, Adobe found in June 2026.
  • A 1-second page load converts 3x better than 5 seconds — ecommerce conversion drops 0.3 percentage points per extra second, Portent research shows.
  • 70.22% of shoppers abandon carts, but better checkout design alone can lift conversions 35.26% per Baymard Institute.
  • Copy written at a 5th-7th grade reading level converts at 11.1% — more than double professional copy's 5.3% according to Unbounce.
  • Only 12% of A/B tests produce statistically significant wins, Optimizely data shows.

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