- February 28, 2023
- Posted by: Gopal Krishna
- Categories:
As you know, there a few critical metrics sales leaders track to manage and improve performance :-
1. Total revenue
2. Year-over-year growth
3. % Percentage of revenue from existing customers
4. % Percentage of revenue from new business
5. % Percentage of sales reps attaining 100% quota
6. Revenue by product or product line
7. Net Promoter Score (NPS)
8. Customer lifetime value (CLV)
9. Market penetration
10. Customer acquisition cost (CAC)
I will particularly elaborate on :-
💡 3. % Percentage of revenue from existing customers
✅ 62% organizations tracked this metric post-pandemic (2020-21), as opposed to 40% pre-pandemic (2019)
Understandably, there’s heightened focus on existing customers.
Further, organizations that track percentage of revenue from existing customers report higher customer retention to organizations that don’t
Existing customer-centricity and growth has assumed greater importance for sales leaders.
#b2bsales #salesperformance #salesanalytics #salesmetrics #salesexcellence