Question: Analysts closely watch the conversion rate when analyzing an Internet business. This rate is computed by dividing the number of people who buy something at

Analysts closely watch the "conversion rate" when analyzing an Internet business. This rate is computed by dividing the number of people who buy something at an Internet site by the number of people who visit the site. Conversion rates have an obvious effect on the break-even point. Studies show that conversion rates increase if the site has an easy-to-use interface, fast-performing screens, a convenient ordering process, and advertising that is clear.
Besides increasing their conversion rates, what steps can online merchants use to lower their break-even points?

Step by Step Solution

3.48 Rating (158 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

In theory one of the principal advantages of online retailers is that the... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

1019-B-M-A-P-C(4098).docx

120 KBs Word File

Students Have Also Explored These Related Managerial Accounting Questions!