Quote:
Originally Posted by sarettah
41 days average from sign up to first purchase for those that buy. But that is misleading.
On the stats I checked I have 51% of buyers buying on the day they sign up but of the 498 buyers I had listed the overall average is 41 days.
This was based on 387,964 users of which 12,439 (3.2%) signed up and of those 498 (4%) actually spent money.
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That is really interesting information, thank you.
What is says is that at least half of users signup with the intent to make a purchase. 66.28% of users have made a purchase within seven days after signing up. Judging by these numbers, you should be able to get a good idea of traffic quality on the first day, and certainly by the 8th day. If less than 50% of your new signups are resulting in sales, then the quality is lower than average, at least the average in your system.
Are those email confirmed signups or all free signups, if you don't mind answering?
Thanks again.