The best practice for sales analytics is to closely tie all activities to determine revenue outcomes and set objectives for your sales team.
Key metrics for inside sales.
Open opportunities in total and per rep by count not by volume.
And that s why we ve curated five essential kpis for your inside sales organization.
This key performance indicator kpi answers how many dials your reps made or how many appointments or.
Sales analytics is the practice of generating insights from sales data trends and metrics to set targets and forecast future sales performance.
Armed with these 5 metrics you can focus on the best sales opportunities in the pipeline and set your sales team up for success.
Sales kpis or key performance indicators are a series of agreed upon quantitative measures used to assess the performance of a sales organization.
But before we dive in one important reminder.
For even more detailed information on key sales metrics check out our free ebook.
Activity metrics of activities e g.
Dials sales is a function of the number of right activities.
In fact a kpi that works super well.
For even more detailed information about measuring sales metrics check out our free ebook.
The right metrics for your inside sales team 1.
I ve often heard people say that a 10 conversion rate for an inside sales team is quite good.
Most salespeople benefit from keeping an eye on the 12 metrics explained above.
Kpis just like sales organizations are not one size fits all.
The key to a successful sales dashboard however is to look at your reports your personal sales goals and what your company needs from you in order to determine which metrics are most important for your current needs.
The right metrics for your inside sales team 1.
Again this can vary from company to company.
If your company is well known and with a strong market position your salesperson could generate in excess of a 30 conversion rate vs a startup which could be generating only a 5 10 conversion rate.
Unlike revenue more isn t always better when it comes to sales data.
Measurements that from our standpoint can lead any inside sales team to work smarter and more efficiently.