Let's say your website receives 10,000 clicks in a month, and your historical conversion rate is 2.5%. Using the formula:
Estimated Conversions = 10,000 clicks × (2.5 / 100)
Estimated Conversions = 10,000 × 0.025
Estimated Conversions = 250 conversions
This means, based on your inputs, you can expect approximately 250 conversions from 10,000 clicks at a 2.5% conversion rate.