Close Rate Calculator

Calculate Close Rate (CR)



Formula

The formula to calculate the Close Rate (CR) is:

\[ CR = \left( \frac{C}{I} \right) \times 100 \]

Where:

What is Close Rate?

The close rate, also known as the conversion rate, is a metric used to determine the percentage of impressions or leads that result in a closed sale or completed action. This rate is crucial in sales and marketing to measure the effectiveness of campaigns and strategies. A higher close rate indicates a more successful conversion process.

Example Calculation

Let's assume the following values:

Using the formula to calculate the Close Rate:

\[ CR = \left( \frac{50}{1000} \right) \times 100 = 5\% \]

The Close Rate (CR) is 5%.