Ecommerce Conversion Rate Calculator
What is Conversion Rate?
Percentage of website visitors who complete a desired action (typically a purchase).
E-commerce Conversion Rate Calculator
Conversion Rate:
Conversion Rate Calculation
- Formula: (Number of Conversions / Total Number of Visitors) x 100
- Example: 300 purchases from 10,000 visitors
- (300 / 10,000) x 100 = 3% conversion rate
Key Points
- Crucial indicator of website effectiveness
- Average rate: 1-4% (varies by industry)
- Small improvements can significantly impact revenue
- Can measure various actions (purchases, sign-ups, add-to-carts)
- Affected by website design, pricing, user experience, and marketing
Why Conversion Rate Matters
- Directly relates to revenue and profitability
- Helps evaluate marketing and website performance
- Guides optimization efforts
Using Conversion Rate
- Benchmark against industry standards
- Track changes over time
- Identify areas for improvement
- Set realistic goals for growth