Question 3 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. Please, calculate the conversion rate online (approximate numbers to the nearest integer if necessary). This question is required.
3
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.
Please, calculate the conversion rate online (approximate numbers to the nearest integer if necessary).This question is required.​