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Key Performance Indicators (KPIs) for Sales

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Revenue Growth

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Revenue Growth measures the increase in a company's sales over a specific time period. It indicates the company's ability to grow its sales figures.

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Sales Conversion Rate

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Sales Conversion Rate is the ratio of the number of sales to the number of leads contacted or visits made. It demonstrates the effectiveness of sales efforts.

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Average Deal Size

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Average Deal Size is the average revenue generated per sale. It's useful for understanding the value of an average customer transaction.

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Customer Churn Rate

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Customer Churn Rate measures the rate at which customers stop doing business with a company. It indicates customer satisfaction and product/service relevance.

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Customer Lifetime Value (CLTV)

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CLTV is the total revenue a business can reasonably expect from a single customer account. It helps in determining how much to invest in retaining customers.

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Lead Response Time

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Lead Response Time is the average time taken by sales reps to follow up on leads. Faster response times can lead to higher conversion rates.

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Sales Cycle Length

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Sales Cycle Length is the average time it takes to close a deal from the initial contact with a prospect. It's indicative of sales process efficiency.

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Sales Target Achievement

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Sales Target Achievement measures how well a sales team or individual meets their sales goals. It's a direct indicator of performance.

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Quota Attainment Rate

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Quota Attainment Rate assesses the percentage of sales reps meeting or exceeding their sales quota. It's critical for evaluating the effectiveness and accuracy of quota setting.

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Profit Margin per Sale

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Profit Margin per Sale shows the profit earned from each sale. It highlights the success of pricing strategies and cost control.

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