What is conversion rate?
Conversion rate is the share of visitors who do the thing you wanted them to do. Divide conversions by visitors, multiply by 100, and you have it. This conversion rate calculator returns that percentage plus a second number most people find more useful day to day: how many visitors it takes to produce one conversion.
Conversion rate is the cheapest number in marketing to improve and the most expensive to ignore. Traffic costs money every single time. Conversion improvements are paid for once and then apply to every visitor who arrives afterwards. Lifting a store from 2% to 3% is the same as buying 50% more traffic, except the traffic bill does not go up.
The number is only as good as the definition behind it. Decide what a conversion is before you calculate anything, and decide whether the denominator is sessions or unique users, because the two produce meaningfully different percentages from the same data. Then keep those definitions fixed. Most conversion rate arguments inside a business are not disagreements about performance at all, they are two people measuring different things and comparing the answers.