Coupon Conversion Metric

Measure the rate that customers use coupons.

Coupon Conversion

Overview

Some E-Commerce businesses give coupons to entice more users to purchase. While in the short run, coupons may mean you lose revenue per item, coupons will often increase the amount of users buying that product and in turn increase revenue in total. Measuring the rate of coupon redemption with the Coupon Conversion metric tells your sales team how effective their offer is.

Reporting frequency

Monthly

Example of KPI target

24% coupon usage

Audience

Sales Campaign Manager

Variations

Coupon Redemption

Ratio of Coupons Redeemed

Related Metrics & KPIs

Avg Orders Filled Per Day

Sales Orders Filled per unit Time

Sales Target 0.png

Sales Target

Sales to Date.png

Sales-to-Date

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