hit rate - definition in the Business English Dictionary - Cambridge Dictionaries Online

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

force

physical, especially violent, strength, or power

Word of the Day

They sometimes go here and they never go there: using adverbs of frequency

by Liz Walter,
April 29, 2015
Sometimes, always, often, never: these are some of the most common words in English.  Unfortunately, they are also some of the words that cause the most problems for students. Many of my students put them in the wrong place, often because that’s where they go in their own languages. They say things

Read More 

e-juice noun

April 27, 2015
the liquid content in an e-cigarette, which includes nicotine and may be flavoured in various ways Contestants…suck on a modified vaper until they’ve filled their chest cavity with enough vaporised nicotine “e-juice” to shoot out a belch of white smoke upwards of 4ft long.

Read More