Key performance indicators (KPIs) help sales managers and individual reps track, assess, and adjust sales performance. These metrics can be incorporated into customized dashboards to create automated reports that keep your team on track to succeed.
You know how much revenue you’ve earned, but do you know which channel closed the most revenue? How much revenue is your inbound strategy generating and how does it compare to your outbound revenue? Custom revenue attribution reports can answer these questions for you.
Recognize top performers and replicate their processes across the rest of your sales team. Hold underperforming reps accountable and provide additional training in targeted areas where they need improvement. Standardize your sales process across your entire team so that you can have reliable, projectable goals and results.
Build out your sales playbook to maximize efficiency within your small sales team. Use automation to alleviate mundane tasks and free up time for your sales reps to focus on closing. Clone your best reps to grow your sales team without hiring another person.
Monitoring sales trends is essential if you want to scale your business. Sales trends help you predict changes and project realistic goals for your sales team. Plus, you’ll be able to track lead volume and close rates to proactively anticipate the quantity and quality of new deals.
Identify common stages where leads drop off, gaps in your sales process, and opportunities to strengthen your pipeline. Use data to incorporate additional automation and content into your sales strategy to improve conversion rates within your pipeline.
Understand which messages are working across reps, which emails are generating more opens, which content is being viewed most by leads, and more with reports designed to measure message effectiveness.
Time is one of your team’s most valuable resources. Make sure it’s being used efficiently with productivity reports that help you identify kinks in your processes and drive accountability.
While they’re not glamorous, mundane tasks like email writing and data entry are essential components of your sales machine. Automate those tasks and report on task completion to prevent these tedious tasks from getting forgotten or lost in the daily shuffle.
Measure rep performance on metrics beyond closed deals and revenue to paint a fuller picture of their overall performance. Determine if underperformance is due to individual rep skills or part of a larger issue with your sales processes.
Knowing where your leads come from is crucial to making budgeting decisions, prioritizing lead outreach, and determining ROI. Use lead attribution reports to find out where your leads come from, which channels have the best conversion rates, and where your ad budget will be best spent.
You know how much revenue you’ve earned, but do you know which channel closed the most revenue? How much revenue is your inbound strategy generating and how does it compare to your outbound revenue? Custom revenue attribution reports can answer these questions for you.
You know how much revenue you’ve earned, but do you know which channel closed the most revenue? How much revenue is your inbound strategy generating and how does it compare to your outbound revenue? Custom revenue attribution reports can answer these questions for you.
Recognize top performers and replicate their processes across the rest of your sales team. Hold underperforming reps accountable and provide additional training in targeted areas where they need improvement. Standardize your sales process across your entire team so that you can have reliable, projectable goals and results.
Build out your sales playbook to maximize efficiency within your small sales team. Use automation to alleviate mundane tasks and free up time for your sales reps to focus on closing. Clone your best reps to grow your sales team without hiring another person.
Monitoring sales trends is essential if you want to scale your business. Sales trends help you predict changes and project realistic goals for your sales team. Plus, you’ll be able to track lead volume and close rates to proactively anticipate the quantity and quality of new deals.
Sales reports can be customized to investigate the efficiency of specific areas of your sales process.
For example, if you can identify a sales channel that correlates with shorter sales cycles, you can focus more of your efforts on that channel to accelerate your sales process and increase speed of revenue growth.
Similarly, you may find that a particular buyer persona yields higher average deal values, making them a higher priority for your sales teams to target.
Source: Salesforce, 2019
We’ll dig through your data to identify the key qualities that make certain leads more likely to close than others. Calculated properties within your HubSpot CRM will automatically designate a value to each of your leads to help you identify the most important leads at a glance.
On the flip side, if there are indicators of a bad or unqualified lead, we’ll add negative attributes to your lead scoring criteria to push those leads down on your priority list.
We can also set up custom reports, contact filters, and dynamic lists in your HubSpot sales CRM to make sure your sales reps always have an up-to-date list of leads to work.
Ultimately you want to know that the money you’re spending is bringing in valuable leads that convert into sales. These metrics will help you to show your return on investment (ROI) for your marketing and sales enablement efforts.
Assessing these KPIs will help you optimize your budget and ad spend:
Remember, when your sales and marketing teams are aligned, an investment in marketing is an investment in sales.
Market Veep is a great firm that handles all of our marketing efforts. This is the second time that I have used the firm. I highly recommend Market Veep!
Market Veep's Onboarding Experts in Inbound Marketing are an absolute game-changer! From the get-go, their approach was top-notch. Market Veep's team has undoubtedly set the bar high for excellence in inbound marketing. Five stars aren't enough to commend their outstanding service!
As a growing business, setting up our first-ever HubSpot account was a crucial step towards enhancing our marketing and customer management strategies. From the moment we contacted MarketVeep, their team demonstrated professionalism, expertise, and a genuine desire to help us succeed. Overall, our experience with MarketVeep was exceptional, and we couldn't be happier with the results. Thanks to their guidance, we are now utilizing HubSpot to its fullest potential, streamlining our marketing efforts, and nurturing leads more effectively.
We had an exceptional experience with Market Veep! Their team is professional, super organized, and friendly, and I truly enjoyed working with them. They executed on time and made the process super easy with their organization and documentation. In addition, they provided additional guidance and answered my many questions as I was new to HubSpot, and provided documentation resources for future use. We're now set up to leverage all that HubSpot marketing has to offer, and we couldn't have done it without Market Veep's expertise.
There aren't enough words to describe the outstanding, professional work MarketVeep has provided to our company. From start to finish, the website design/development team at MarketVeep assigned to our project was extremely knowledgable, respectful, efficient and timely. The results went above and beyond our expectations and we could not be more thrilled with the improvements to the user experience on our website! Bravo MarketVeep, we'll absolutely be back with more projects!
We had a fantastic experience with Market Veep! Their expert team seamlessly guided us through implementing HubSpot and provided comprehensive training across Sales, Service, and Marketing Hubs. Their knowledge and support significantly enhanced our workflow and overall efficiency. Highly recommend Market Veep for top-notch HubSpot solutions!
