Question: Conversion Funnel Exercise Here is a conversion funnel from a month of traffic on the website of a major hotel chain (Marriott or Hyatt, for

Conversion Funnel Exercise

Here is a conversion funnel from a month of traffic on the website of a major hotel chain (Marriott or Hyatt, for example).

Rates & availability 2347892
Review Itinerary 367495
Guest Info 103471
Confirmation 72498
Revenue $ 23,464,220
Room Nights 143285

If you could increase the percentage of those who reviewed the itinerary from 15.65% to 20%, how would the conversion rate be affected? How would the revenue be affected?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock 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

Students Have Also Explored These Related Accounting Questions!