Trevor is the owner of Sport elo and is wondering what impact Sport elo's mobile experience is having on revenue.Trevor understands that they can calculate this with the mobile conversion rate(mCvR).Sport elo receives 200,000 clicks witham CvR of 1%.Theaverage order value is$200.How much revenue does Sport elo's mobile experience create?
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Correct answer: $400,000.
Why this is the answer
To determine the revenue generated by Sport elo's mobile experience,west art by calculating the number of conversions from the 200,000 clicks and the 1%mobile conversion rate(mCvR).Multiplying these gives us 2,000 conversions.With each conversion contributing an average order value of$200,multiplying 2,000 conversions by$200 results in a total revenue of $400,000.Therefore,the correct answer is$400,000,reflecting the revenue generated by Sport elo's mobile experience based on the provided data.
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