To know if you have enough prospects in your sales funnel, keep these points in mind:
How many deals you want to close in a given time.
What is your conversion rate within your sales funnel?
Maintain a consistent sales process and don't compromise the quality of your leads. By increasing the number of closes, you can more easily increase the number of leads.
Of course, this data should be considered in the stages of the sales funnel you manage. Likewise, when doing this, it's important to analyze your sales team's work capacity.
How many prospects can each of your salespeople handle without compromising the quality of customer service they provide?
What good are 300 leads at the top of your funnel if a salesperson can only fully follow up with 100 of them?
These points also answer the questions:
Sales Funnel Conversion Rate : The percentage of prospects who twitter database become customers, based on the total population of prospects who initiated a sales cycle.
Daily productivity : average number of activities that each of your salespeople manages to complete in a day.
Customer portfolio coverage : How many prospects within your sales funnel have you contacted on a weekly basis?
2. Is there good flow in my sales funnel?
Fluidity should be paramount in your sales. Try to make sales happen quickly. The sales funnel can detect bottlenecks within your sales processes. Think of it this way: if you notice that your prospects are slow to move from one stage to another, or you're losing too many opportunities at one stage, are you making progress?
One way to know if your sales funnel is moving well is to analyze how your prospects progress from one stage to the next within your sales process.
Fundamental questions for creating a sales funnel
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