Website Analytic Formulas

Website Analytic Formulas

 
Below are many popular website metric calculations, the list is not comprehensive because calculated metrics are user-defined.

Traffic      
Name Formula Metric Type Description
Bounce Rate Single Access/Entries Percent When a given page is the entry page, how often do visitors leave the site without accessing any other pages
Weighted Bounce Rate (Single Access/Entries) * (Page Views/Total Page Views) Percent Same as Bounce Rate, but gives a higher value to pages that are viewed more often on the site, thus pushing your most popular pages with this problem to the top of the list
Page Views per Visit Page Views/Visits Numeric What is the average number of pages per visit
Page Views per Visitor Page Views/Daily Unique Visitors, etc. Numeric What is the average number of pages per unique visitor (daily uniques, weekly uniques, monthly uniques, etc.)
Exit Rate Exits/Visits Percent When a certain page is part of a visit, how often is it an exit page
Entry Rate Entries/Visits Percent When a page is part of a visit, how often is it an entry page?
Multi-Page Visit Entry Rate (Entries - Single Access) / Entries Percent When a page is the entry page, how often does it lead to at least one other page
Visits per Visitors Visits/Daily Unique Visitors, etc. Numeric What is the average number of visits per unique visitor (daily, weekly, monthly, etc.)
Page Views/No Reloads Page Views - Reloads Numeric How many page views did a page get, not counting reloads, but counting Back button or additional path views to the page
Reload Percentage Reloads/Page Views Percent What percentage of the page views were reloads of that page.
Entry to Exit Ratio Entries/Exits Percent What is the ratio per page of how often it is the entry page vs. how often it is the exit page


Conversion      
Name Formula Metric Type Description
Average Order Value Revenue/Orders Currency Average revenue per order
Order Conversion Orders/Visits Percent What percentage of visits results in an order
Buyer Conversion Orders/Visitor Percent What percentage of visitors results in an order
Checkout Conversion Rate Orders/Checkouts Percent What percentage of checkouts results in an order
Checkout Initiation Rate Checkouts/Visits Percent What percentage of visits results in a checkout
Average Order Size Units/Orders Numeric How many items are purchased in an order, on average
Event Conversion Orders/Event Percent Used for tracking success events, what is the percentage of visits that result in that success event. (For example, registrations per visit, form completion per visit, download per visit, etc.)
Product View Conversion Orders/Product View Percent What percentage of product views resulted in an order
Abandoned Cart Adds - Orders Numeric How many cart additions did not result in an order
Abandonment Rate 1 - (Orders/Cart Adds) Percent What percentage of visitors added an item to their cart and then didn't purchase it (This can be very interesting at a product level.)
Abandoned Revenue (Revenue/Orders) * (Cart Adds - Orders) Currency What is the general amount of revenue that has been abandoned (Revenue is based on the value of the average order.)
Event Conversion Rate Orders/Instances Percent What percentages of instances (or setting the variable) resulted in an order? For example, when setting a Event upon internal search, what percentage of searches on this keyword resulted in an order?
Campaign Conversion Rate Orders/Click-throughs Percent What percentage of click-throughs resulted in an order
Revenue per "Action" Revenue/Instances Currency When an event is set when someone clicks something (like an internal promotion or specific navigation), this will show the amount of revenue that was a direct result
Average Item Value Revenue/Units Currency What is the average revenue per item purchased



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