Creating a Funnel Metric
Creating a funnel metric is easy. For example, if you’re running a property booking app and you have the following checkout flow:- User Views a Property
- User Clicks Reserve for a Property
- User Pays for Property
- User Stays at Property Without Cancellation
Readouts
When you analyze an experiment with a Funnel metric, you’ll see the overall conversion impact for the funnel as well as step-wise conversion rate changes. This is a powerful way to understand where your gains in a given funnel come from, and if increased conversion in one step leads to lower conversion further down.- Overall Results - The upper-most “OVERALL” metric represents the number of users that entered the funnel (by viewing a “Product Page”) and fully completed the funnel (by converting on the final event, “Purchase”).
- Stepwise Results - Each subsequent step in the funnel is represented by prior step => next step. In the example below, we can see that the final step is checkout page => purchase, which in plain english indicates “how many users that visited the checkout page proceeded with the purchase”.