Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “hit rate”

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

escapism

a way of avoiding an unpleasant or boring life, especially by thinking, reading, etc. about more exciting but impossible activities

Word of the Day

Lies, lies, lies!

by Kate Woodford,
February 25, 2015
​​​ According to sociologists (=people who study the relationships between people living in groups), we are good at lying. As a species, we have developed a remarkable ability to deceive each other (= persuade each other that something false is true). Being able to say things that are not true can help with

Read More 

showrooming noun

February 23, 2015
the activity of examining a product in a physical store and then making the purchase with an online retailer Amazon’s new smartphone is specifically designed to make showrooming fast and easy.

Read More