Sales KPIs: 14 examples with formulas and benchmarks
The sales KPIs worth tracking are the ones with a formula, an owner and a source system: conversion rate, average deal value, sales cycle length, win rate, pipeline coverage, cost per lead, customer acquisition cost, lifetime value, churn, quota attainment, activity per rep, lead response time, forecast accuracy and margin per deal. Each needs a written definition and a single source of truth, otherwise two teams will report two different numbers for the same month.
Funnel KPIs
Value and efficiency KPIs
Cycle and forecast KPIs
From KPI list to a dashboard that maintains itself
Frequently asked questions
How many sales KPIs should a company track?
Between five and eight at management level, each with an owner. Longer lists get read once and then ignored; the remaining metrics belong in drill-downs, not on the main dashboard.
What is a good conversion rate?
It depends on lead source far more than on industry: inbound requests convert several times better than cold outbound. Compare against your own trailing twelve months rather than a generic benchmark.
Where should KPIs be calculated?
In one place, ideally the reporting layer connected to the source systems — not in each department's spreadsheet. That is what keeps two teams from reporting two different numbers.
Can we start without changing our CRM?
Yes. In most projects the existing CRM and accounting stay in place and only the reporting layer is added on top, reading from them.