Expand my Community achievements bar.

SOLVED

Transaction Vs Conversion

Avatar

Level 2

I want to know how is successful transaction different from conversion rate?

1 Accepted Solution

Avatar

Correct answer by
Employee

Hi Parth,

Transaction typically refers to generation of revenue, Not Every Conversion will have a transaction value. For instance in Service sector industries conversion like sign up etc do not have a revenue value attached and hence would not have a transaction value. On the other hand, retail industry would generally have a transaction value attached with every conversion (Product sold).

 

Hope this Helps!

Regards

Ritika

View solution in original post

1 Reply

Avatar

Correct answer by
Employee

Hi Parth,

Transaction typically refers to generation of revenue, Not Every Conversion will have a transaction value. For instance in Service sector industries conversion like sign up etc do not have a revenue value attached and hence would not have a transaction value. On the other hand, retail industry would generally have a transaction value attached with every conversion (Product sold).

 

Hope this Helps!

Regards

Ritika