Your average sales price may be more than twice as high as the average sales price when you can get it right. The trick is to take some of the sting out of the sales pipeline. If you don’t get that, you’re not going to like it.
I like to use the sales pipeline metric to gauge how well I’m doing. When I’m feeling good, I sell a ton, get a ton of leads, get a ton of traffic, and make lots of sales. When I’m feeling bad, I sell 10 or 20 or maybe even a ton less, and get fewer leads than I normally do. I might have a decent sales pipeline if I’m feeling good, but if I’m feeling bad, I have a good sales pipeline.
This is a good metric, but if you like to use it to find the optimal sales level, you’ll have to think a bit deeper into it. In my case, Im really happy with a sales pipeline of only 5-6 leads per month. When I sell 200 leads per month, I get a lot of leads, but I also get a lot of traffic, all of which is pretty awesome.
The difference between the 1-2-3 lead-to-lead ratio and the 2-3-4 lead-to-lead ratio is that 1 lead/lead-to-lead ratio is the number of leads you get per day. The 1 lead-to-lead ratio is usually the number of leads you get per day.
The other thing to keep in mind is that you might want to sell less than you think you should. The ideal sales pipeline isn’t about selling to every single lead possible. It’s about selling to the right leads at the right time, and having the right salespeople to get the right offers to the right people.
The lead-to-lead ratio of a sales pipeline is the percentage of leads that are actually used to close a specific deal. It’s important to use this information to determine when to stop closing deals and start selling to the leads you already have.
One of the biggest issues with sales pipelines is that there are so many leads to cover, they can get very complicated. This is a problem because lead-to-lead ratios can vary greatly between lead source types (e.g. lead source type = lead source -> product -> customer) and from sales teams (e.g. sales team -> lead source -> product).
In the case of a lead source -gt product -gt customer, the ratio of leads to sales staff is 1:1, which means that one person has to sell the product to one person, and one person has to sell the customer to one person. However, the same ratio (1:1) cannot be applied to sales managers who are selling the product to customers. Sales managers are usually selling to customers in a 1:4 ratio.
Sales staff -gt lead source -gt customer and from sales teams e.g. sales staff -gt lead source -gt customer.In the case of a lead source -gt lead source -gt customer, a business manager is expected to produce sales reports that are sold to the customer within the following week. Sales leaders are expected to provide the same information about their customers after the week ends, but they are not expected to create sales reports from their customer list the following week.
Most of the sales meetings I’ve been to have come from sales staff, and there is no way for them to do the “customer” business until they have the sales reports that they will be selling to their customers. This does not make the sales leaders any less accountable, but it does make it harder for them to find the sales reports they need. This has to do with the fact that most sales people don’t have the knowledge needed to create their own reports.