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Best Practices for Measuring the Website Contribution to Multi-channel Purchase Behavior

ForeSee Results
By : ForeSee Results
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Published : Feb 01, 2006
Length : 10
Type : White Paper
 
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Overview :
The influence of the web on multi-channel retail has grown enormously over the past several years. Today, the web plays a key role in multi-channel retail as both a purchase and a retail channel. However, to date it has been virtually impossible to find reliable and meaningful standard metrics for multi-channel customers that measure the influence of the online shopping experience on total revenues. The Multi-Channel Value index (MCVI) is a strategic metric developed by ForeSee Results that projects the contribution of the website to a multi-channel retailer's overall sales through a calculation based on the ACSI methodology.
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Conversion Analysis , Website Analytics
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