Summary Metrics: Conversion Rate Uplift
  • 23 Aug 2023
  • 1 Minute to read

    Summary Metrics: Conversion Rate Uplift


      Article Summary

      Conversion Rate Uplift, as a Summary Metric, is calculated based on the ratio of incremental conversions to the difference between the total conversions and incremental conversions.

      Formula: Incremental Conversions / (Unique Conversions - Incremental Conversions)

      Below is a sample calculation of Conversion Rate Uplift.

      Incremental Conversions

       

      Unique Conversions

      In the examples above, you can see the incremental conversions and unique conversions. When you place them in the formula, it gives out the Conversion Rate Uplift displayed in the table below.

      Conversion Rate Uplift = Incremental Conversions / (Unique Conversions - Incremental Conversions)
      Conversion Rate Uplift = 2.293 / (6.541 - 2.293)
      Conversion Rate Uplift = 0,5398 = 53,98%

      You can see this metric as below on your dashboard.


      Was this article helpful?

      ESC

      Eddy, a super-smart generative AI, opening up ways to have tailored queries and responses