Comprehensive Guide to Analyzing Your Site's Conversion Funnel Data

Comprehensive Guide to Analyzing Your Site's Conversion Funnel Data

By Michael Chen

January 17, 2025 at 06:52 PM

A comprehensive understanding of conversion funnel analytics helps improve your e-commerce performance by tracking customer behavior from initial visit to final purchase.

The conversion funnel consists of four key stages:

  1. Visits: Total number of browsing sessions on your site
  2. Products Viewed: Sessions where visitors viewed at least one product page or quick view
  3. Added to Cart/Completed Checkout: Sessions with items added to cart or express checkout initiated
  4. Purchased: Sessions resulting in completed transactions

conversion funnel stages

conversion funnel stages

Key Features:

  • Date range filtering from August 2016 onward
  • Product and member-site specific filtering
  • Percentage metrics between funnel stages
  • Line graph showing conversion trends over time

The system tracks conversion rates between stages, helping identify:

  • Overall visit-to-purchase conversion rate
  • Customer drop-off points
  • Impact of store changes on conversion
  • Marketing effectiveness

Important Considerations:

  • Late-night sessions spanning midnight may split metrics across days
  • Product views don't count from main shop pages or product blocks
  • Express checkout affects "Added to Cart" metrics
  • Member-only sites have specific tracking considerations

Track these metrics to optimize:

  • Product marketing strategies
  • Pricing and shipping offers
  • Website design changes
  • Special promotions

Using this data effectively helps identify improvement opportunities and measure the impact of store changes on customer behavior and sales performance.

Note: Slight discrepancies may occur between conversion funnel and abandoned cart metrics due to timing differences in data collection.

This analysis tool is available for:

  • Commerce Plans
  • Sites selling Digital Products
  • Users with Reporting and Store Manager permissions

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