hit rate Meaning in Cambridge Business English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of "hit rate" - Business English Dictionary

hit rate

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
(Definition of hit rate from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of hit rate?
Add Cambridge dictionaries to your browser to your website
Word of the Day
sprint

a short and very fast race, such as the 100 metres, or the last part of a longer race that is run as fast as possible

Word of the Day

Are you a glass-half-full person? (Everyday Idioms)
Are you a glass-half-full person? (Everyday Idioms)
by Kate Woodford,
July 29, 2015
A reader of this blog recently asked for a post on idioms that are used in everyday English. This seemed like a reasonable request. After all, if you are going to make the effort to learn a set of English idioms, you want those idioms to be useful. The question, then, was

Read More 

exoskeleton noun
exoskeleton noun
July 27, 2015
a robotic device which goes around the legs and part of the body of a person who cannot walk and allows them to move independently and in an upright position The device, known as an exoskeleton, is strapped to the outside of a person’s limbs and can then be controlled by them.

Read More