hit rate

hit rate UK US noun [C]
E-COMMERCE, MARKETING the number of sales of a product compared to the number of people who visit a website to look at that product, or to the number of phone calls or sales visits that are made: »

You may decide only to go with trades with a hit rate over 80%, or you may think overall profitability is most important.

INTERNET, E-COMMERCE the total number of visits to a website in a particular period: »

Although the site's hit rate is a good selling point, it doesn't tell you anything about the quality of the site.

See also CONVERSION RATE(Cf. ↑conversion rate)

Financial and business terms. 2012.

Look at other dictionaries:

  • Hit rate — is a metric or measure of business performance traditionally associated with sales. Defined as::frac{sum{mbox{Sales Won}{sum{mbox{Sales Won + sum{mbox{Sales Lost + sum{mbox{Sales Abandoned}.Sales can be measured either as the sum of dollars… …   Wikipedia

  • hit rate — / hɪt reɪt/ noun the rate at which a target is reached such as the number of mail shots needed before a customer makes an order for a product advertised on them, or the number of customers who reply to a mail shot compared to the total number of… …   Marketing dictionary in english

  • Hit of the Week Records — was a record label based in the United States of America in the early 1930s. Distinctively, Hit of the Week s were made not of shellac as was usual for gramophone record of the era, but of a patented blend of paper and resin called Durium . A… …   Wikipedia

  • hit — /hɪt/ verb 1. to reach something ● He hit his head against the table. ● The strong dollar which hit a seven year high against the yen last week. 2. to hurt or to damage someone or something ● The company was badly hit by the falling exchange rate …   Dictionary of banking and finance

  • rate — [[t]re͟ɪt[/t]] ♦ rates, rating, rated 1) N COUNT: with supp The rate at which something happens is the speed with which it happens. The rate at which hair grows can be agonisingly slow... The world s tropical forests are disappearing at an even… …   English dictionary

  • Hit Collection (Boney M. 1996) — For Sony BMG one disc release see Hit Collection (Boney M. 2007) Hit Collection Box set by Boney M …   Wikipedia

  • Hit Collection (Boney M. 2007) — Infobox Album | Name = Hit Collection Type = compilation Artist = Boney M. Released = May 2007 Recorded = 1975 1985 Genre = Eurodance, Pop, Disco Length = Label = flagicon|EU Sony BMG (EU) Producer = Frank Farian Reviews = *Allmusic (NR)… …   Wikipedia

  • Hit the wall — In endurance sports, particularly cycling and running, hitting the wall or the bonk describes the condition when an athlete suddenly loses energy and becomes fatigued, the result of glycogen stores in the liver and muscles becoming depleted.… …   Wikipedia

  • Cache Hit — Cache [kæʃ] bezeichnet in der EDV eine Methode, um Inhalte, die bereits einmal vorlagen, beim nächsten Zugriff schneller zur Verfügung zu stellen. Caches sind als Puffer Speicher realisiert, die die Kopien zwischenspeichern. Sie können als… …   Deutsch Wikipedia

  • conversion rate — ➔ rate1 * * * conversion rate UK US noun [C] ► FINANCE, STOCK MARKET the rate at which one type of currency, share, etc. can be exchanged for another: »Check our latest dollar conversion rates online. »a conversion rate calculator »a conversion… …   Financial and business terms

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