The Giggle Value Index (€) shows you the total value you generate through using Giggle.tips – clear, transparent, and available in real time in your CMS.
The Giggle Value Index consists of three main components:
🔍 1. Visibility (Visibility Value)
The Visibility Value (VV) measures the business impact you gain from increased visibility of your experiences with Giggle – even without direct bookings.
Data basis:
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Total Clicks on Experiences (TC)
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Direct Bookings (DB)
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Call Clicks (TCR)
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External Booking Clicks (EB)
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Conversion Rate for General Clicks (CRGEC) = 5%
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Average Order Value (AOV) = €28
Formula:
VV = (TC - DB - TCR - EB) * CRGEC * AOV
Example:
800 clicks – 14 bookings – 73 calls – 48 external bookings = 665 general clicks
665 * 0.05 * €28 = €931 Visibility Value
⚙️ 2. Productivity (Productivity Value)
The Productivity Value (PV) shows you how much time and effort you save by using Giggle – thanks to automated bookings and multi-channel communication.
🔁 A) Time saved through self-signups:
Formula:
SST = Number of Self-Signups * Time Value (€3)
🌐 B) Time saved through info retrieval:
Formula:
AIF = Total Clicks * 10% * €3
Example:
53 self-signups → 53 * €3 = €159
1,200 total clicks → 1,200 * 0.10 * €3 = €360
PV = €159 + €360 = €519
💡 3. Conversion (Conversion Value)
The Conversion Value (CV) accounts for actual and potential booking revenue: direct bookings, calls & external booking links.
Data basis & formulas:
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Direct Booking Value (DBV): Already tracked in Gigglytics
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Call Request Value (CRV):
CRV = CR * Conversion Rate * AOV
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External Booking Value (EBV):
EBV = EB * Conversion Rate * AOV
Example:
DBV: €800
32 call clicks → 32 * 0.25 * AOV = €224
18 external booking clicks → 18 * 0.25 * AOV = €126
CV = €800 + €224 + €126 = €1,150
🧾 Conclusion: Your Giggle Value Index
Formula:
Giggle Value Index (€) = VV + CV + PV
Example:
Visibility Value = €931
Productivity Value = €519
Conversion Value = €1,150
= €2,600 total value for your business during the selected period
📊 Where to view your value
In your CMS under “Statistics”, you can view your current Giggle Value Index at any time – filtered by period, languages, or streams.
❓ Questions?
Reach out to us anytime at hello@giggle.tips – we’re happy to help you increase your value even further!