Excellent Analytics Tip #7: The Adorable Site Abandonment Rate Metric
Occam's Razor
AUGUST 28, 2006
there is some confusion around around a standard metric definition and that does not help. Metric Definition : Site Abandonment Rate (in percent terms) = [1 – (the total orders placed on the website divided by total add to cart clicks)]. My hypothesis is that. we don’t understand the true power of this metric.
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