View Full Version : What's a good closure rate?
ggambett
07-04-2004, 04:18 PM
What's considering a good closure rate (people who buy / people who go to your buy page)?
Specifically, I'm looking at the Hits vs Sales report on the Plimus control panel.
Jack_Norton
07-10-2004, 12:29 PM
Well closure rate means nothing :p
For example CR of my game USM is a good 5% (5 out of 100 users buy the game) but I sell much more of my game UBM that has a CR of 2% ... :)
And the CR isn't related with downloads (I still have more downloads of USM than UBM!).
CrystalSquid
07-10-2004, 01:38 PM
Well closure rate means nothing
For example CR of my game USM is a good 5% (5 out of 100 users buy the game) but I sell much more of my game UBM that has a CR of 2% ...
And the CR isn't related with downloads (I still have more downloads of USM than UBM!).
That makes no sense to me! :p
If your CR of USM is 5% AND you get more downloads then you should get more sales than UBM (sCR of 2% and fewer downloads).
I'm confused but then I've just got back from the pub so it's probably me :D
Jack_Norton
07-10-2004, 01:53 PM
No, as I said, even if I get 10.000 downloads of USM, I could have only 100 people going to the buynow page and 5 of them buying it.
While I could have 1.000 download of UBM, 500 of them going to buynow page and 10 of them buying it (the 2% CR out of 500 visitors).
Download doesn't mean that he will be so interested even to just visit the buynow page :P
ggambett
07-10-2004, 04:02 PM
Do not mistake Conversion Rate (as in sales/downloads) with Closure Rate (as in "buy now" clicks / sales)
CrystalSquid
07-11-2004, 02:28 AM
Ah! It makes sense now :)
Never come across the term 'closure rate' before, so I've learnt something new today :)
ggambett
07-11-2004, 08:44 AM
Uh... *I* believe that's the correct term. I hope I didn't make it up :rolleyes:
siread
07-12-2004, 10:04 PM
Just checked my Plimus account, Hit vs Sales over the last 5 months, closure rate is 7.12%.