Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
Related questions
Question
Conversion rate,
Revenue,
Revenue per session.

Transcribed Image Text:ster
AHT
Audience Overview
Aug 1, 2019 Aug t, 2019
Nber of Se s
Page
Fagen Seuaon
52,872
48,729
68,320
1.29
309,830
4.53
Bo R
00 02.57
44.14%
Lomponge
AC:
Manuel Metrics
Conversion Rate: What is the ecommerce conversion rate (conversion for ecommerce site by default
refers to purchase, not other goals)? Find it.
Revenue: What is the total revenue? Find it.
Session: What is the average revenue per session? This is not provided directly in the
per
Revenue
analytics account but can be easily calculated.
Expert Solution

Step 1
Conversion Rate can be defined as the number of visitors who visit the website or online shopping portal and purchase from there within a specific time frame. For example, if an e-commerce site has received 200 visitors in its portal and out of them, 100 people have purchased so the conversion rate will be 100divided by 200 which comes 50% conversion rate.
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