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| Example: Reduce
drop off rate on the check out submit page. |
| Pre-design Drop-off Rate: |
60 % |
Average Order Size: |
50 |
Improvement Cost: |
1,000,000 |
| Post-design Drop-off Rate: |
40 % |
Profit Per Order: |
20 % |
Expected Project Life: |
3 years |
| Current Monthly Page Traffic: |
100,000 views |
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| Change in Monthly Drop-off Rate = (0.60
- 0.40) x 100,000 = 20,000 |
| Annual ROI = 20,000 x 50 x 0.20 x 12 = 2,400,000 |
| Total ROI = (2,400,000 x 3) - 1,000,000 = 6,200,000 |
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