Funnel Conversion Rate
BeginnerFunnel conversion rate is the share of users who completed the final step of a funnel out of those who entered the first step.
The overall rate differs from step-to-step conversion: it is the product of the per-step rates, so one weak step caps the entire funnel and improving the others has limited effect. The denominator is entries into the funnel, not every user of the site, and confusing the two makes the rate look artificially low. A further common error is comparing ranges that end today: recent entrants have not had the full conversion window, so that range reports a rate below its eventual value.
How it is calculated
Funnel conversion rate = users who completed the final step ÷ users who entered the first step
The basis is distinct users, and someone who runs the funnel twice is counted once. Completion must fall inside the conversion window and, in a strict-order funnel, follow the declared order. The unit is a percentage, and the figure is comparable across ranges or reports only when the step definitions, window length, order rule and counting basis are identical.