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What Should the Sales Close Rate Be?

ViewPoint

I’ve read and heard (from a well-known industry analyst firm) that best-in-class companies close 30% of sales qualified leads while average companies close 20%. Because a few years ago the sales group asked us (PointClear) to validate those so-called leads and it turned out that only 1.8% Why don’t they follow-up?

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What Percent of Leads Should Sales Close?

ViewPoint

Close Rate Required for 10x ROMI*. ROMI = Return on marketing investment. Analysts attempt to provide formulas for companies to follow regarding close rates for average companies (20%) vs. close rates for best-in-class companies (around 30%). Break-Even Close Rate (1 / (Margin per Deal / Cost per Lead)).