Let's focus on the conversion rate of store transactions. The conversion rate of store transactions refers to the proportion of all consumers who come to the store to spend, which can eventually be converted into customers.
Generally expressed as a percentage, for example, the conversion rate of a store is 3%, which means that out of every 100 customers who enter the store, 3 people have made purchases.
The transaction conversion rate is an important basis to measure the health of a store, and it is the ultimate embodiment of the store's product quality, service ability and marketing means.
Especially before introducing traffic, we must ensure that the conversion rate of the store reaches an acceptable value, so as not to waste valuable traffic resources.