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What does cvr mean?
Cvr is the abbreviation of conversion rate, in which conversion rate means conversion, conversion and re-conversion, and the conversion here focuses on some transformation of value and essence.

For example, transforming a house can make it more valuable. The transformation of the attic can greatly increase the value of the house, and where the house should stay is a change in value and essence. Speed means ratio, which can also mean speed and progress, and mainly means the ratio of each unit.

Extended data

Conversion rate algorithm of e-commerce industry

Profit = sales x net profit rate

= (number of buyers x customer unit price) x net profit rate

= number of people entering the store x purchase conversion rate x customer unit price x net profit rate

= advertising display x advertising conversion rate x purchase conversion rate x customer unit price x net profit rate

= promotion display x promotion conversion rate x purchase conversion rate x customer unit price x net profit rate

= search presentation x search conversion rate x purchase conversion rate x customer unit price x net profit rate

= * * * * * x * * * * conversion rate x purchase conversion rate x customer unit price x net profit rate

Reference source

Baidu encyclopedia -CVR (conversion rate)