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What Should the Sales Close Rate Be?

ViewPoint

Because a few years ago the sales group asked us (PointClear) to validate those so-called leads and it turned out that only 1.8% Cost per sales qualified lead is $1,250. If the average company could, in fact, close 20% of sales qualified leads the ROMI would be $28.80 Why don’t they follow-up?

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Dear CEO: Fix these three things and increase revenue

ViewPoint

The elephant-hunting sales team was put through an extensive boot camp (at the cost of $15,000 a head) and $250,000 was spent on a logo and tagline by marketing. While marketing was touting these leads, proactive outbound prospecting, in fact, was producing the most cost-effective yet highly qualified sales opportunities.

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What Percent of Leads Should Sales Close?

ViewPoint

Marketing has a lead quantity and lead cost goal without regard to the effectiveness of the effort (i.e. Lead cost: To complete the story referenced above, the 9,000 suspects were acquired (for a total cost of $208,350, at $23.15 Cost per Lead (based on $61.50/hour Close Rate Required for 10x ROMI*. Lead nurturing.