The average time taken to convert a lead into a closed sale.
What it Measures ?
How long it takes to close a deal.
Relevant StakeHolders
Sales Operations, Team Leaders, CRM Analysts
Why it Matters ?
Measures average time to close a sale, indicating sales efficiency.
In-depth Use Case / Real-world Example
A manufacturer of CNC machines measures the time from first contact to final sale. If it takes 60 days on average to close a deal, that’s the Sales Cycle Length. A shorter cycle means faster revenue realization and more efficient sales processes.
Sample Formula
Average Time from Lead Creation to Deal Close