» Personal Loan No Credit Check, Online Economics » Management economics » Topics begins with C » Converation rate
Conversion rate (CR) is an economical characteristic number.
It designates the percentage of visitors of a on-line Shops, which transacts a purchase.
Values between 1 and 5 per cent, which it means, are typical that left by 100 visitors 95 to 99 the Shop again, without something to have bought.
Formula: CR in per cent = (number of transactions x 100)/number of Visits
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