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parth__
parth__
Level 2
August 20, 2016
Solved

Transaction Vs Conversion

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

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ritikam90154231Accepted solution
Employee
August 20, 2016

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

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1 reply

ritikam90154231Accepted solution
Employee
August 20, 2016

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

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