redemption rates

How to Calculate Redemption Rates?

Calculating redemption rates is straightforward. The formula is:
Redemption Rate (%) = (Number of Redemptions / Number of Offers Sent) x 100
For example, if you sent out 1,000 promotional emails and 50 recipients redeemed the offer, your redemption rate would be:
(50 / 1,000) x 100 = 5%

Frequently asked queries:

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