Enter the number of visitors (or sessions) your website had over a period, and the number of conversions over the same period: orders, sign-ups, enquiries. You get your conversion rate to two decimal places, with every step of the working. If you like, add your revenue and a target rate to see your average order value and how many more conversions you would need, or another period’s figures to measure the change.
Decide what you count
A conversion is the action you want a visitor to take: an order in an online shop, a newsletter sign-up, a quote request. Count it over the same pages and the same period as the visitors. In a physical shop, the same ratio is worked out from buyers and footfall.
Visitors or sessions
Divide by visitors to see what share of people converted, or by sessions to see what share of visits ended in a conversion. Google Analytics 4 reports both: the session key event rate is sessions in which a key event happened ÷ all sessions, and the user key event rate is users who performed a key event ÷ all users. Stick to one denominator from one period to the next, or the rates will not compare.
Count real visitors only
The GOV.UK Service Manual, which measures the completion rate of government online services in the same way, asks services to exclude internal users, test users and web robots. Think too about the visitors your tool cannot see: if your orders come from your back office but your visitors come from a tool that leaves out people who object to its cookies, the rate will be overstated.
Targets and comparisons
With a target rate, the calculator gives the conversions the same traffic would need, rounded up to a whole conversion, and, if you entered revenue, what they would bring in at your current average order value. With another period, it gives the difference in percentage points and the relative change, which say different things: from 2% to 2.5%, the rate gains 0.5 percentage points, a rise of 25%.
Rounding
Rates are rounded to the nearest hundredth of a percentage point and money to the nearest penny, with halves rounded up. The extra revenue starts from the average order value shown. The difference and the relative change (to one decimal place) start from the unrounded rates, because two rates that both show as 0.01% can hide a doubling; the working then shows the fractions, so you can still check every line by hand.
Conversion rate = conversions ÷ visitors × 100.
Visitors per conversion = visitors ÷ conversions.
Average order value = revenue ÷ conversions; revenue per visitor = revenue ÷ visitors.
Conversions needed = visitors × target rate ÷ 100, rounded up to a whole number.
Difference (percentage points) = rate − rate in the other period; relative change = difference ÷ rate in the other period × 100.
Example: 200 orders from 8,000 sessions
Last month an online shop had 8,000 sessions and took 200 orders worth £12,400.00. Its conversion rate is 200 ÷ 8,000 × 100 = 2.5%, one order for every 40 sessions. The average order value is £62.00 and each session brings in £1.55. To reach 3% from the same traffic it would need 240 orders, 40 more, worth £2,480.00 at the current average order value. The month before, 150 orders from 7,500 sessions gave 2%, so the rate has gained 0.5 percentage points, a rise of 25%.