111 sales per month or 4 sales per day;
Posted: Tue Jan 28, 2025 8:25 am
And for this you need:
Calculate how many of the 10 applications that come to the business are closed in sales. If, for example, 4 of them, then the conversion is 40%.
Accordingly, the calculator calculates and shows that you need to get 279 applications from advertising, approximately 9 per day. Next, you need to calculate the site conversion. For example, for online stores it is 4%, in order to have more real data, let's assume that this indicator is formed at the level of 3%. This means that 3 out of 100 people who visited the site leave an application through it. Then the system calculates the target traffic that is necessary to achieve the desired 3% site conversion, which is more than 9 thousand users per month.
As for the average cost per click, it may be different for different niches. For taiwan rcs data example, in product advertising, the cost of a click ranges from 1.80 to 4.50 hryvnias. Let's assume, for the sake of modeling the situation, that the average cost per click is 3 hryvnias per click. Then, in order to achieve half a million hryvnias in sales with an average check of 4,500 thousand, you need to invest a thousand dollars in advertising ( at the exchange rate on the day of the conference - ed. ). So, the share of advertising costs will be approximately 6% of the total turnover . This means that 1,000 dollars will be 6% of the 500,000 hryvnias that advertising will earn.
If the site is user-friendly, has a clear interface and an order form, then its conversion will increase. However, conversion is only half the battle. The left application must be processed by a manager, who can make an upsell and increase the check, or, conversely, lose the client.
Calculate how many of the 10 applications that come to the business are closed in sales. If, for example, 4 of them, then the conversion is 40%.
Accordingly, the calculator calculates and shows that you need to get 279 applications from advertising, approximately 9 per day. Next, you need to calculate the site conversion. For example, for online stores it is 4%, in order to have more real data, let's assume that this indicator is formed at the level of 3%. This means that 3 out of 100 people who visited the site leave an application through it. Then the system calculates the target traffic that is necessary to achieve the desired 3% site conversion, which is more than 9 thousand users per month.
As for the average cost per click, it may be different for different niches. For taiwan rcs data example, in product advertising, the cost of a click ranges from 1.80 to 4.50 hryvnias. Let's assume, for the sake of modeling the situation, that the average cost per click is 3 hryvnias per click. Then, in order to achieve half a million hryvnias in sales with an average check of 4,500 thousand, you need to invest a thousand dollars in advertising ( at the exchange rate on the day of the conference - ed. ). So, the share of advertising costs will be approximately 6% of the total turnover . This means that 1,000 dollars will be 6% of the 500,000 hryvnias that advertising will earn.
If the site is user-friendly, has a clear interface and an order form, then its conversion will increase. However, conversion is only half the battle. The left application must be processed by a manager, who can make an upsell and increase the check, or, conversely, lose the client.