Remove Cost per Lead Remove Examples Remove PointClear Remove ROMI
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What Should the Sales Close Rate Be?

ViewPoint

One of the biggest software companies in the world has a division that spends over $200,000 per year on leads that sales refuses to follow-up on. 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? But they can be.

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Dear CEO: Fix these three things and increase revenue

ViewPoint

This is all because the company did not agree internally on its market, the definition of a lead or what they sold. While this may seem like an extreme example, it is not so extreme that you should ignore it. I asked him how much our leads cost and he said $650. Today almost no one knows this company ever existed.

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What Percent of Leads Should Sales Close?

ViewPoint

The Formula for Calculating Break-Even Close Rates: Example 1. Completed Companies per Week. Lead Rate. Number of Leads per Week. Cost per Lead (based on $61.50/hour Break-Even Close Rate (1 / (Margin per Deal / Cost per Lead)). Close Rate Required for 10x ROMI*.