The formula
step conversion = people who get through ÷ people who arrived
What it means
A funnel's total conversion hides where the problem is. What matters is not the 2 % at the end but which specific step takes out the most people: fixing the worst stretch moves the result far more than optimising everything a little.
How to work it out by hand
- Note how many people reach each step, in order
- Divide each step by the one before for its own conversion
- Divide the last by the first for the total conversion
- Find the step with the lowest percentage: that is the bottleneck
What is worth knowing
A common mistake is chasing the final conversion without looking at the stretches. If only 2,500 of 10,000 visits ever see a product, raising cart conversion from 25 % to 30 % barely moves the total, while fixing that first jump multiplies it. The other trap is comparing funnels with different steps: someone measuring only from the cart will have spectacular conversions that mean nothing. And watch out for poor traffic: more visits worsen the total conversion even as sales rise, and that is not a problem.