Asset Intelligence and Management

Asset Intelligence and Management

EZRentOut Blogs How Do Ezrentouts Order Conversion Cohort Analysis Reports Work

[How Do] EZRentOut’s Order Conversion Cohort Analysis Reports Work

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EZRentOut’s new Order Conversion Cohort Analysis reports are designed to track and display the conversion rates of orders on a monthly basis.

The reporting feature offers flexibility in viewing the data either as percentages or absolute counts, providing valuable insights into the order fulfillment process.

Benefits of Order Conversion Cohort Analysis Reports

The Cohort Analysis feature enhances visibility into conversion rates, helping businesses understand and improve their sales effectiveness.

The feature allows users to customize their views, choosing between percentage and count views according to their own monitoring needs.

The actionable insights offered by this feature can help businesses identify trends and patterns in order conversions, facilitating strategic decision-making.

Which users are Order Conversion Cohort Analysis reports meant for?

Order Conversion Cohort Analysis reports are best suited for users managing significant order volumes.

This includes sales managers, marketing teams, business analysts and other users who need detailed insights into sales funnel performance. 

Getting to the Order Conversion Cohort Analysis page

To view Order Conversion Cohort Analysis reports, start by clicking on ‘Reports” in the main navigation bar.

Now click on ‘Order Reports’.

This will take you to the following page. Once here, click on ‘Order Conversions Cohort Analysis’.

You are now on the Cohort Analysis page. Basically you have to follow the following path:

Reports → Order Reports → Order Conversions Cohort Analysis

View customization

As mentioned above, Order Conversion Cohort Analysis reports can be viewed in either numeric or percentage views.

This allows users to view insights according to their own monitoring needs.

Views can be customized through the ‘Report Format’ filter on the left side of the page.

The filter is set to numeric by default.

To view the total percentage of orders closed month on month, change the filter to percentage, and click ‘Update’.

You will now be able to view the Cohort Analysis page in the percentage setting.

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