The Average Time to Close Deal by Pipeline metric measures the average time it takes to close a deal in each stage of the sales pipeline, providing insights into the overall sales cycle.
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Used to show comparisons between values.
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 Average Time to Close Deal by Pipeline using Databox, follow these steps:
The Average Time to Close Deal metric isn’t available via HubSpot’s API, so we’re conducting our own calculation to derive this value. The calculation involves subtracting the Deal Created Time from the Deal Close Time to obtain the Time to Close value. Then, the average is determined by adding up the Time to Close values for all deals within the selected period and dividing by the total number of deals.
For instance, let’s consider three closed deals so far this week, with close times of 2, 6, and 19 hours respectively. The Average Time to Close is calculated as (2 + 6 + 19) / 3, resulting in an average of 9 hours.
The Deal Amount by Stage by Close Date metric in HubspotCRM shows the total value of deals in each sales stage and their close dates, helping sales teams to better visualize and track their pipeline and forecast revenue.
The All Deals Amount metric in HubSpot CRM is a sum of the total value of all open and closed deals in your sales pipeline. It provides an overview of the potential revenue for your business.
The Deals Created by Custom Field metric in HubspotCRM measures the number of deals created based on a specific custom field that has been set for the deals. This provides insights into the effectiveness of certain deal attributes in driving success and overall sales performance.
Deals Lost by Pipeline is a metric that tracks the total number and value of deals that were lost at each stage of your sales pipeline in a given time period.
The New Company by First Conversion metric tracks the number of new companies added to the CRM database as a result of their first interaction or conversion with your website or marketing campaigns.
The Notes metric in HubspotCRM refers to the number of notes added to a particular contact, company or deal record. It helps to keep track of communication and relevant information related to a record.
The Emails Logged by Owner metric in HubspotCRM measures the number of email interactions logged by an individual owner within a given period, indicating their level of engagement with leads and customers.
The Meetings metric in HubSpot CRM measures the number of scheduled and completed meetings with your contacts. It helps to track the effectiveness of your sales and marketing tactics and optimize your outreach strategy.