What are the key sales KPIs I should track?
An example of an AI chatbot conversation about sales KPIs and their importance.
What are the key sales KPIs I should track?
Key sales KPIs include sales growth, customer acquisition cost, conversion rate, and average deal size.
How do I calculate the customer acquisition cost?
To calculate customer acquisition cost, divide the total cost of sales and marketing by the number of new customers acquired.
What is a good conversion rate for sales?
A good conversion rate typically ranges from 2% to 5%, but it can vary by industry.
Can you explain the importance of tracking these KPIs?
Tracking these KPIs helps you understand your sales performance, optimize strategies, and make informed business decisions.
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