John runs a computer software store. Yesterday he counted 133 people who walked by the store, 66 of whom came into the store. Of the 66, only 24 bought something in the store.
To analyze the data for John's computer software store, we can break down the information provided as follows:
1. Number of people who walked by the store: 133
2. Number of people who entered the store: 66
3. Number of people who made a purchase: 24
These numbers can be used to calculate different metrics and understand the conversion rates at John's store.
1. Conversion rate from people who walked by to those who entered the store:
Conversion Rate = (Number of people who entered the store / Number of people who walked by) * 100
Plugging in the given values: (66 / 133) * 100 = 49.62%
Therefore, the conversion rate from people who walked by to those who entered the store is approximately 49.62%.
2. Conversion rate from people who entered the store to those who made a purchase:
Conversion Rate = (Number of people who made a purchase / Number of people who entered the store) * 100
Plugging in the given values: (24 / 66) * 100 = 36.36%
Therefore, the conversion rate from people who entered the store to those who made a purchase is approximately 36.36%.
These conversion rates can help John evaluate the effectiveness of his store's layout, marketing, and sales strategies. By monitoring and optimizing these conversion rates, John can potentially increase the number of customers who make purchases and improve his overall business performance.