Assume that five out of every hundred customers bought a subscription plan. And assume that we had

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Assume that five out of every hundred customers bought a subscription plan.

And assume that we had 50.000 customers before fifth of January.

On fifth of Jan we had a big promotion that brought another 20.000 customers.

But only two out of every hundred that came from that promotion bought a plan.

On tenth of Jan we had another one that brought 5.000 customers.

But eight out of every hundred of those customers bought a plan.

What is our new conversion rate considering our whole customer base and why be as detailed as possible.

*Conversion Rate = customers that buy a plan / all customers

Related Book For answer-question

Financial Accounting and Reporting a Global Perspective

ISBN: 978-1408076866

4th edition

Authors: Michel Lebas, Herve Stolowy, Yuan Ding

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Posted Date: Dec 16, 2023 07:51 AM

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Assume that five out of every hundred customers bought a subscription plan. And assume that we had

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Financial Accounting and Reporting a Global Perspective

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