How do I interpret the “Overview of Conversion Velocity” graphs?

The Overview of Conversion Velocity graphs depict the percentiles of conversion velocities between different CrSTAL milestones for a specific property and compare them with the organization-wide percentiles. 

Guides to conversion velocity, percentiles and CrSTAL milestones

 

A. Navigate to: Performance AI ➡️ Conversion Performance ➡️ Velocity Analysis ➡️

     Conversion Velocity.

 

B. The  portion of the graph indicates the multifamily-wide benchmark for conversion 

     velocity for Lead to Toured conversions:

a.  denotes all the time periods between the 25th and 75th percentile of the

    conversion velocity for Lead to Toured conversions. 

b. The 25th percentile for conversion velocities for Lead to Toured conversions across 

    Multifamily is 2 days i.e., 75% of all leads convert from Lead to Toured in a period equal

    to or above 2 days.

c. The 75th percentile for conversion rates for Lead to Toured conversions across

    Multifamily is 6 days i.e., 75% of all leads convert from Lead to Toured in a period equal

    to or less than 6 days.

 

Overview Conversion Velocity Interpretation - 1

 

C. The portion of the graph shows the organization-wide performance of conversion 

     velocity for Lead to Toured conversions:

d. The portion denotes all the time periods between the 25th and 75th percentile 

    of the conversion velocities for Lead to Toured conversions. 

e. The 25th percentile for conversion velocity for Lead to Toured conversions across 

    your organization is 4 days i.e., 75% of all leads convert from Lead to Toured in a time

    period equal to or above 4 days. Since this falls between the 25th percentile and 

    75th percentile of the Multifamily-wide performance, it's considered

    satisfactory, and shown in .            

f. The 75th percentile for conversion velocity for Lead to Toured conversions across

    your organization is 7 days i.e., 75% of all leads convert from Lead to Toured in a time

    period equal to or less than 7 days. Since this is greater than the 75th percentile of

    the Multifamily-wide performance, it's considered to be underperforming, and 

    shown in .

 

Overview Conversion Velocity Interpretation - 2

 

If the graph shows a time period lesser than the 25th percentile of Multifamily-wide benchmark, it will be considered to be overperforming and be denoted in .