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It is. To simplify, if every conversion makes the company makes $1 and 100 prospects enter this funnel, going from 20 to 23% means they make $23 instead of $20
by Rastonbury 2y ago
It is. To simplify, if every conversion makes the company makes $1 and 100 prospects enter this funnel, going from 20 to 23% means they make $23 instead of $20
- unregistereddev 2y agoAgreed, and to stress for clarity: Adding 3 percentage points to the conversion rate increases revenue by 15% in this example.