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Drift Median Time to Close

The Median Time to Close metric measures the average amount of time it takes for a sales team to close a deal and determine the time frame for effective sales activities.

With Databox you can track all your metrics from various data sources in one place.

Median Time to Close 2.190,879 Start tracking this metric
  • About
  • Tech details
What is "Median Time to Close"?
The Median Time to Close metric measures the average amount of time it takes for a sales team to close a deal with a customer. It takes into account all the steps of the sales process, from initial contact to final contract signing, and helps teams identify areas of improvement to optimize sales velocity and maximize revenue generation.
Example: A company uses the Median Time to Close metric to track the time it takes for their sales team to close deals, giving insights into pipeline health and sales rep performance.

Visualizations

  • Databox visualization

    Number

    Used to show a simple Metric or to draw attention to one key number.

How to track Median Time to Close in Databox?

Databox is a business analytics software that allows you to track and visualize your most important metrics from any data source in one centralized platform.

To track Median Time to Close using Databox, follow these steps:

  1. 1
    Connect Drift that contains the metric you want to track
  2. 2
    Select the metric you want to track from the list of available metrics
  3. 3
    Drag and drop the selected metric onto your dashboard
  4. 4
    Watch your dashboard populate in seconds
  5. 5
    Put Median Time to Close on the Performance screen
  6. 6
    Get Median Time to Close performance daily with Scorecards or as a weekly digest
  7. 7
    Set Goals to track and improve performance of Median Time to Close
Goals

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Scorecards

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Metric Digest

Receive detailed weekly performance updates
Metric Builder

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Data Calculations

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Performance Screen

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Basics

  • Description
    The Median Time to Close metric measures the average amount of time it takes for a sales team to close a deal and determine the time frame for effective sales activities.
  • Category
    Marketing Automation
  • Subcategory
    Ticket time
  • Date Added
    2016-05-09
  • Default Format
    Duration
  • Cumulative Support
    No
  • Units
    No
  • Granularities
    daily, weekly, monthly, quarterly, yearly, allTime
  • Favorable Trend
    decreasing
  • Historical Data
    Yes
  • Changing historical data
    No
  • Forecast Support
    Yes
  • Benchmark Support
    Yes
  • Media Support
    No
  • Dimension
    N/A
  • Metric Type
    general Learn more
  • API Endpoint
    https://driftapi.com/reports/conversation-summary

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