Consider an auto insurer whose online sign-up funnel brings 1,000 prospects a year to the payment step. Analyzing funnel logs and support contacts shows that the payment step accounts for most drop-offs.
| Metric | Before | After |
|---|---|---|
| Drop-off at the payment step | 38% | 32.3% |
| Policies bought online per year | 620 | 677 |
| Premium lost at the payment step, per year | $912k | $775k |
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