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| [February 28, 2013] |
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Leads360 Releases Comprehensive Guide to Optimizing Your Leads-to-Rep Ratio
LOS ANGELES --(Business Wire)--
Leads360,
a market-leader in cloud-based intelligent sales
automation solutions, today released a Guide
to Optimizing Leads-to-Rep Ratio that helps sales managers identify
the right number of new leads to assign per sales rep based on the rep's
peak-performance zone - where utilization and conversion rate are at
their peak. By understanding the optimal leads-to-rep ratio,
sales managers can more easily staff against lead flow or scale up or
down the number of leads per rep with a clear understanding of the
impact on conversion rates, and ultimately top-line revenue and profit
growth.
"Sustaining profitable top-line revenue growth is often the number one
challenge for inside sales teams, yet many operate in a vacuum,
uncertain if every sales opportunity is maximized," said Nick Hedges,
president and CEO at Leads360. "Sales managers frequently come to us
unsure if they are giving their rep too many or not enough leads to meet
sales targets. Our guide tackles this daunting challenge for inside
sales teams by taking the guesswork out of determining the best way to
maximize lead volume per rep to impact revenue growth and profit."
The Guide
to Optimizing Leads-to-Rep Ratio leverages research of more than
five million calls made by more than 2,000 users over a six month period
to provide tips and tools for determining the right balance of
leads-to-sales representatives. Through the research conducted, the
guide also provides insights on rep utilization, when reps are the
busiest, most effective, and most productive, and the factors that have
the greatest impact on those measures. Understanding these inputs is
critical in order to identify the ideal days and times to reduce or
increase the number of new lead assignments.
Key Takeaways: Leads360 Guide to Optimizing Leads-to-Rep Ratio
-
Peak Performance Zone: This guide
presents a methodology to identify the sales rep peak-performance zone
- where utilization and conversion rate are at their optimal level.
This framework, based on analysis of millions of sales calls and
associated metrics, enables organizations to calculate an expected
conversion rate based on the number of new leads assigned per rep per
day. This calculation, coupled with a standard profit formula, can
also be used to find the optimal lead volume necessary to maximize
profits or maximize revenues, depending on an organization's ultimate
goal.
-
Customizable Tools for Individual Sales
Organizations: This guide offers formulas and tables that
take into account lifetime value, cost per lead and commission per
sale for a more accurate lead assignment recommendation per rep, per
day relative to these key factors. With these tools sales managers can
identify the optimal performance level based on their unique set of
variables.
-
Prescription for Improved Operations:
This guide provides evidence that many sales organizations would
benefit from increasing the number of new leads assigned per rep, per
day, and that reps are most effective, yet underutilized on weekends
and on weekday afternoons. During these days and times, new lead
assignments tend to drop off, suggesting a window of opportunity to
acquire and work new opportunities when competitors are not working
them. These findings further support our previous research on the
value of Weekend
Leads.
Sales organizations interested in learning how to identify the peak
performance zone for their own teams can download the full Leads360
report, Guide
to Optimizing Your Leads to Rep Ratio, free of charge.
About Leads360
Leads360 is a market leading provider of cloud-based intelligent sales
automation solutions that drive more effective and efficient sales
processes and improved conversion rates. With unmatched expertise, drawn
from a dedication to helping more than 5,000 clients automate and
improve their lead response and selling processes, Leads360 has become
the platform of choice for organizations focused on improving customer
acquisition practices and business performance. Leads360 is a privately
held company, recently recognized as one of the fastest growing
companies in North America by Deloitte (News - Alert). Please visit www.Leads360.com
for more information.

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