Question

A retailer has 300 physical stores, which make 95% of the revenue; the rest of the revenue comes from an online store. The total number of visits for all the physical stores in a month is 66,000, and the conversion rate in store is 30%. The online store, in a month, receives 10,000 visits; the bounce rate is 52%, the sessions that continue navigating in the store and have a cart are 45%, and the abandonment cart rate is 45%. For the online store, the average order value is $50.00.

Answer 1

Answer:

I’m baaaack! It’s me, Johnny, with your next blog from the Marketo Institute! This time around, we’re going to take a look at conversion rate.

Conversion rate is one of the most important marketing metrics. It’s a metric that lead generation marketers—from practitioners all the way up to CMOs—are measured on. And that’s because today marketing owns just as much of the pipeline as sales does, and conversion rate is a great indicator of pipeline health—starting from the marketing end of the funnel.

Answer 2

let we know that

physical store is= 300

revenue=95%

hence physical store = 95% therefor remaining is the online

= 5%

10000 bonus rate is =52%

abdndonment cart rate is=45%

avrage order value=5