1. SAP Glossary
  2. Recommendation
  3. conversion rate


What is conversion rate in SAP CEC-MKT-PRI - Recommendation?


SAP Term: conversion rate

  • Component: CEC-MKT-PRI

  • Component Name: Recommendation

  • Description: A key figure that evaluates a model based on the proportion of recommended items that are purchased by users.


Smart SAP Assistant

  • Key Concepts: 
    Conversion rate is a term used in SAP CEC-MKT-PRI Recommendation to refer to the rate at which a currency is converted from one currency to another. This rate is determined by the market and can fluctuate over time. 
    
    How to use it: 
    In SAP CEC-MKT-PRI Recommendation, the conversion rate is used to calculate the price of a product in different currencies. The conversion rate is used to convert the price of a product from one currency to another. 
    
    Tips & Tricks: 
    It is important to keep track of the conversion rate as it can fluctuate over time. It is also important to ensure that the correct conversion rate is used when calculating prices in different currencies. 
    
    Related Information: 
    The conversion rate can be found in the SAP CEC-MKT-PRI Recommendation system. It can also be found on various websites that provide currency exchange rates.
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