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originally posted by: galien8
a reply to: 0racle
Conversion factors of art webshops will be between around 0.6% (% VISITORS that make a sale)
(0.994^969) 1 in 340 that my webshop did not make any sales
(0.994^2,000) 1 in 170,000 that I did not make any sales at marktplaats.nl (Dutch EBAY)
In statistics 1 in 20 or more is good enough to reject the hypothesis: "this happens pure by change"
now I'm testing artfinder.com I must have 6,000 PAGE VIEWS to say that with at least 1 in 20 certainty, conversion factor is lower 0.05%