What are the best KPIs for sales?
An example of an AI chatbot conversation about key performance indicators for sales.
What are the best KPIs for sales?
The best KPIs for sales include sales growth, customer acquisition cost, and conversion rate. Would you like to know more about any specific KPI?
Yes, can you explain sales growth?
Sales growth measures the ability of your sales team to increase revenue over a specific period. It's usually expressed as a percentage.
How do I calculate it?
To calculate sales growth, subtract the previous period's sales from the current period's sales, then divide by the previous period's sales and multiply by 100.
What other KPIs should I track?
In addition to sales growth, consider tracking customer lifetime value, average deal size, and sales cycle length for a comprehensive view.
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