Sales KPI (Key Performance Indicator) – A measurable value that indicates how well a sales team or organization is performing against their strategic goals. Some common sales KPIs for sales ops to track include:
- Win Rate – The percentage of deals closed out of the total number of deals in the pipeline. Helps determine overall sales effectiveness.
- Average Sales Cycle Length – The average number of days to close a deal. Can help optimize deal stages and sales processes.
- Lead Conversion Rate – The percentage of leads that become opportunities or closed deals. Important for understanding top-of-funnel effectiveness.
- Average Deal Size – The average revenue value of closed deals. Useful for forecasting and setting growth targets.
- Customer Lifetime Value (LTV) – The total revenue generated from a customer over their lifetime. Key for customer retention and upsell efforts.
- Monthly/Quarterly Recurring Revenue (MRR/QRR) – Revenue from ongoing subscriptions. Critical for SaaS/subscription businesses to track growth.
- Customer Satisfaction Score (CSAT) – Measures how happy customers are with your product/service. Directly impacts customer retention and referrals.
- Sales Activity Metrics – Statistics on sales tasks like calls made, emails sent, demos completed. Helps evaluate sales rep productivity.
For a sales ops professional, monitoring and optimizing these KPIs is essential for identifying opportunities, troubleshooting issues, and improving processes to help the sales team maximize performance and exceed revenue goals. Having the right sales metrics provides visibility into the health and efficiency of the entire revenue engine.