article thumbnail

9 key benefits of using CRM Software

Nutshell

What are some of the key benefits of using CRM software? 9 key benefits of using CRM software There are many different CRM software benefits, and in this blog post, we’ll cover nine of the most significant ones. Keep reading for more information on the key benefits of using CRM software.

article thumbnail

Sales Forecasting Methods: 6 Savvy Steps to Nail the Accuracy

LeadFuze

Follow Consistent Sales Forecasting Methods to Avoid Making Bad Decisions. Sales forecasting solves this! Most B2B businesses don’t bother creating a sales forecast. Instead, they tally up their sales for the month and compare it with the month before or the same month last year. “Oh, no.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

13 Sales KPIs to Measure Team Performance

Gong.io

Tracking sales performance is the only way to know how well you and your team are doing. Many aspects influence revenue growth – average sales cycle length , churn rate, and customer acquisition cost, to name just a few. Sales forecast volume . Forecasting future sales is a crucial activity for a number of reasons.

article thumbnail

What Are Sales Objectives? Everything You Need to Know

Gong.io

It’s not hard to set sales objectives. Any sales leader can ask their team to increase sales by 50% or cut customer churn in half. . What’s difficult is setting achievable, effective sales goals that have a genuine impact on your company’s long-term strategy. . Reduce customer churn by 25% by the end of Q3.

article thumbnail

Give Your Sales Territory Mapping the Direction It Needs

Gong.io

In the past, sales territories meant using geographic data to create physical territories — the areas of a map for which each field sales rep was responsible. This method doesn’t work for many B2B companies, especially ones that sell software to corporations primarily based on either the East or West Coast. . Use software.

article thumbnail

Why Sales Analytics Is Essential to Navigating an Uncertain Market

Chorus.ai

You can calculate it like so: Pipeline Velocity = Qualified Opportunity Rate x Win Rate x Deal Size/Length of Sales Cycle Another reason why pipeline velocity is so important is that deal risk is heightened and has taken new forms post-COVID. Without a healthy sales funnel, you’ll rapidly run into profitability- and even cash flow problems.

article thumbnail

Why Sales Analytics Is Essential to Navigating an Uncertain Market

Chorus.ai

You can calculate it like so: Pipeline Velocity = Qualified Opportunity Rate x Win Rate x Deal Size/Length of Sales Cycle Another reason why pipeline velocity is so important is because deal risk is heightened and has taken new forms post-COVID. Without a healthy sales funnel, you’ll rapidly run into cash flow problems.

Analytics 114