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A fashion retailer is adopting Lean principles in sales analytics. Requirements: Calculate the Sales Conversion Rate for a promotional campaign that attracted 5,000 visitors to
- A fashion retailer is adopting Lean principles in sales analytics.
- Requirements:
- Calculate the Sales Conversion Rate for a promotional campaign that attracted 5,000 visitors to the store and resulted in 500 purchases.
- Recommend strategies to increase Sales Conversion Rate.
- Explain how improving Conversion Rate aligns with Lean principles in retail sales.
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