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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%. Those results factor in lead leakage of between 52% to 86% of the marketing qualified leads put into the top of the funnel. So, what happens?

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Lead Generation Best Practices Part 6: Fewer Leads Are Better

ViewPoint

Standard lead generation’s focus on quantity—rather than quality—results in the following: The pipeline is flooded with a high volume of low-value leads. Qualifying criteria are rarely met due to lack of marketing resources. Money is wasted on sales lead generation programs that don’t work.

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What Percent of Leads Should Sales Close?

ViewPoint

As it turned out, marketing bought leads from a content aggregator for $23.15 per so-called lead. The qualified lead rate was.8%. No way sales executives were going to go through 100 unfiltered, unqualified suspects to find less than one qualified lead. were the leads qualified and did they close).