Foot traffic conversion rate

R295

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In 30 minutes you will work out foot traffic conversion rate from same-period counts. You will also read conversion by time band and against similar store formats. And you will trace a weak band to its cause, such as staffing or queues.

SKU: PL-MCB-RET-08
Category:

Description

Who it’s for: Anyone in a store or a retail head office who has to answer one question: How many of the people who walk in actually buy?

What happens in it: Watch the idea unfold: a busy store, the visitors who leave empty-handed, and the number that counts the buyers. In Your call you make the decisions in a real case: I’m reviewing weekend performance at Cornerstone. Last Saturday the counter recorded 5,000 visitors, and 750 of them completed a purchase. Then, in the boardroom, you make the case to Keith, the area manager, in three questions.

How it works: five scenes in about 30 minutes: the data film, the lesson, Your call, practice with fresh numbers that mark themselves, and the boardroom. Finish all five for your certificate. It is course 1 of 4 in the Customers and pricing season of the Retail series.

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