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What are the steps involved in conversion optimization?

  1. Research, Develop, Launch, Measure, Iterate

  2. Define objective, establish baseline, form hypothesis, design tests, analyze data

  3. Create content, share on social media, track engagement

  4. Identify goals, conduct interviews, refine strategy, execute, report

The correct answer is: Define objective, establish baseline, form hypothesis, design tests, analyze data

The correct answer provides a structured approach tailored for conversion optimization, which focuses on improving the effectiveness of a website or landing page to increase the likelihood of visitors completing desired actions. The first step, "define objective," is crucial as it sets a clear goal for what you want to achieve with your conversion optimization efforts. Establishing a baseline is essential for measuring the current performance of your website, allowing you to compare results after changes are implemented. Next, forming a hypothesis involves making educated guesses on how certain changes may affect user behavior, providing a foundation for your testing. Designing tests subsequently allows you to create specific experiments aimed at validating or refuting your hypothesis. Finally, analyzing data helps to assess the outcomes of your tests, determining whether your changes had a positive, negative, or negligible effect on conversions. This systematic methodology ensures that efforts are data-driven and focused on achieving tangible results, aligning with best practices in inbound marketing.