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Average lead to opportunity conversion rate for Travel Industry
average lead to opportunity conversion rate for Travel Industry
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FAQs online signature
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What is a good lead conversion rate?
Rates will vary from industry to industry, too. Still, there are important baselines to keep in mind. Generally speaking, an average lead conversion rate is around 7%. If your company has a rate of more than 10%, you are sitting in a good position.
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What is the average conversion rate from lead to opportunity?
The average B2B lead to opportunity conversion rate across different industries is 13%- 18%. Your first step should be focus on knowing your metrics. Specifically, your lead to opportunity conversion rate over a 12-month period. This helps determine if a low rate has been consistent or is recent.
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What is the average visit to lead conversion rate?
The visitor to lead conversion rate of an average page is considered “good” if it's around 2% to 5%. But the conversion rate benchmark for your business can vary widely depending on several factors like your target audience, lead generation tactics, and the effectiveness of your marketing strategies.
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What is the average conversion rate in the travel industry?
In the travel industry, conversion rates usually go from 0.2% to 4%. If your rate is over 2%, that's good — it means you're in the top 20% of travel websites. And if your rate is between 3% to 4%, that's even better, putting you in the top 10%.
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What is a good lead form conversion rate?
In an ideal world, you want to break into the top 10% — these are the landing pages with conversion rates of 11.45% or higher. So, when analyzing your conversion rates, anywhere between 2% and 5% is considered average. 6% to 9% is considered above average. And anything over 10% is good.
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What is a good form conversion rate?
Experts say the average conversion rate is around 3%, which can fluctuate based on form type and industry. (Needless to say, there's much room for improvement.) Luckily, there are a number of web form tips and online form best practices that can help you capture more people's data.
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What is a good warm lead conversion rate?
Warm leads: These prospects have interacted with your business in some way, and show genuine interest in your offering. While these individuals are not yet ready to make a purchase, they have a good chance of converting if they are nurtured properly. Warm leads typically have a conversion rate of around 15%.
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What is a good lead form completion rate?
Form Conversion Rate Benchmarks by Industry IndustryAvg Conv RateAvg Conv Rate With GetLeadForms Agency1.9%2.7% Legal 1.8% 2.4% Professional Services 2.5% 3.45% Real Estate 0.6% 1.8%7 more rows
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Hi guys Gilliam Elliott here I want to come to you guys today with another educational video about medical tourism now today I want to focus on consumer conversion or patient conversion and this was sparked today by telephone call I had with a small business in the medical tourism industry it was actually a start up medical terms and facilitation company and the guy asked me he said hey Gil what can I expect as far as patient conversion now this is my first time hearing this we hear this all the time and and my natural response to him was it depends on who's talking to the patient or what company's talking to the patient is going to depend on the patient conversion that you have and that's always my stance and so this video was inspired by that telephone call and I want to go over some some some really key points of how you can increase your your patient conversion rate now when I say patient conversion rate I simply mean out of the leads that you're receiving how many of those leads turn into actual clients of yours or actual patients that you're helping out of the ones that you're receiving everybody needs to know what their conversion rate is and if you have a low conversion rate chances are you probably need to tweak some things so you can help more people so you can help more patients and get more patients in your door today I want to focus on how you can have more meaningful conversations with these patients to have a higher conversion rate and to get more patients through your doors and using your services so you can help more people around the world through medical tourism because make no mistake about it medical tourism is saving lives medical tourism is saving people money and medical tourism is getting people better access to care all around the globe so that's what I think about when I talk about getting your consumer rate up and when I talk about getting your patient conversion rate up it's helping more people helping more families and helping more individuals around the globe now just for an example if you are having a hundred people coming to your website every day but you're only having one or two people fill out your contact form or reaching out to you then that means you have a very low conversion rate through your website and we need to work on that how we can bring that up because that's a lot of people who are coming to your website but they just aren't opting into your form and there a reason for that and we can work with you on how to bring that up but I do want to go ahead and get into the video today okay guys so most of these points that we're going to go over today are going to be focused on the conversation and the communication that you're going to have with the patient as I mentioned earlier we're trying to make sure you have more effective conversations with the patient making sure that you address all their questions making sure they understand what you're going to provide to them in a very clear and decisive way so the first point that I want to get into is finding out how the patient found out about your services in order to increase your patient conversion rate you want to find out how these patients are hearing about you because then you can maybe invest more money in that resource and allocate more funds to that resource you can get more of these patients coming to your website if they come to your website you want to find out how they found out about your services was it Google was it being was it a friend some some other place online you really want to find out because you might want to allocate more resources to get more patients coming from that specific source or you might want to invest more your money toward towards that Avenue so you can get more patients coming to your website and this gives you kind of idea of what you need to go with your business plan throughout the year and what you need to invest you know a large portion of your money or some of your money at a bare minimum so that's the first one find out how they found out about your services so the next one is when communicating with the patient over the phone you want to listen right and there's no more to it on that one you just want to listen you really want to listen to find out what the patient's goals are what they want to accomplish on this medical tourism trip and make sure that you can provide that service and once they tell you what that is and you find out you can't provide that service then you want to articulate it in a manner that clearly communicates what you can provide them and how you can solve their problem on this medical tourism trip now this next point is geared towards medical tourism facilitators and it is finding out what medical condition the patient has and what illness is affecting the patient because as a facilitator you mainly focus it on coordinating the trip making sure everything is organized but you don't want to forget to ask at the big what medical condition the patient has this helps you position yourself as a medical chosen facilitator to discuss specific things now some patients are just going for cosmetic procedures but also there's other patients who have more serious conditions and more serious ailments and more serious things that are life-threatening and terminal illnesses so you really need to know what medical condition this patient is traveling for because it's really going to help you position yourself on this trip because there might be certain things that you might need to put in place for this specific type of patient now the fourth point I want to go over with you guys is finding out the timeframe this patient wants to get this medical procedure done and when they're looking at travel for this medical procedure now this is important for you because it really lets you know should I go ahead and spend a lot of time on this patient and really put everything in order for him to travel because it's urgent or someone who's just going through the research phase maybe I should just help them over the telephone stash their paperwork away and then follow up with them at a different time in the future and help them in a later date but this really is important and you want to get this out of the way as soon as possible when you're speaking to someone so you know exactly how to use your time in the wisest way possible now the fifth point I want to go over with you guys is after you found out you know what medical procedure that they're traveling for you listen to them you found out exactly what what they're looking to accomplish on this medical tourism trip and you found out the timeframe they're looking to travel in the next thing you want to do is let them know how you can solve their problem and let them know a little bit about your company so that goes without saying I guess the only point the only thing I would really add on to that is that you guys really don't want to bombard them with too much information about your company because nobody knows your company like you know your company so you kind of want to keep that to a limit but you really want to express to them how your company can benefit them and make sure that they're right match for your company and you're the right match for them and then the last point I will go with you guys is making sure you guys get the best contact information for this patient and that means you know more than one telephone number making sure you get the best email address for this person just so they can send you their medical information when I say medical information I mean the diagnostic report their medical records just you can make sure they're a good candidate for this medical procedure that they want done and then after you get that information then you can provide them an estimate after that but I would provide them an estimate before you get all the necessary documentation that you need for this patient after you get this information then obviously want to reach out to your network of doctors set up a telephone call with the patient and with the physician hey guys thanks for joining the video today if you're looking to expand your medical tourism business by joining our membership program reach out to us we do want to have a conversation with you see how we can work with you and bring your business to a different level but again thanks for joining today
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