Conversion funnel
E-commerce
The steps a shopper takes from first visit to purchase, and how many people drop off at each step.
Out of 10,000 visitors, 4,000 view a product, 800 add to cart, 500 start checkout and 300 buy. Cart to checkout (62.5%) is healthy, but product view to cart (20%) is where most shoppers leave, so the product page gets fixed first.
It shows exactly where you lose buyers, so you spend effort on the step that costs you the most sales.
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