Calculating the conversion rate is a breeze with this simple formula: (Number of conversions / Total number of visitors) x 100.
Here’s a visual breakdown:
How to calculate conversion rate
This data is conveniently accessible within your Shopify dashboard.
To calculate your Shopify conversion rate, just head oman landline number tracker over to Analytics, click on Reports, select your preferred report (such as sales), and specify the date range.
Here’s a glimpse of the process in your Shopify dashboard:
Shopify conversion rate statistics on the Shopify dashboard
Alternatively, you can utilize Google Analytics for this purpose.
Navigate to the Conversions section, choose Goals, select your desired goal (e.g. Purchases), and there you have it! The conversion rate is right there for you to see.
Here’s how it looks within Google Analytics:
Ecommerce conversion rate statistics in Google Analytics
Shopify conversion rate statistics
Now let’s take a look at some Shopify facts and key figures.
Right now, 3.76 million live websites are using Shopify.
Most of these ecommerce websites (about 69.67%) are registered in the United States, followed by the United Kingdom and Australia.
Most of the Shopify stores are currently in the United States
In 2020, Shopify helped with transactions worth a whopping $119.58 billion.
