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.
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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.
Average Time to Close Deal measures the average duration it takes to close a deal, from initial contact to the signing of the contract.
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 Deals by Original Source Data 2 metric tracks the number of deals generated based on the second source where a lead first interacted with your business, helping to identify which sources are driving the most revenue.
The Open (Unclosed) Deals by Owner metric measures the number of deals that have not yet been closed and assigns them to the respective owner in a Hubspot CRM account.
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 Emails Logged metric in HubSpot CRM tracks the number of emails sent and received by your team within the CRM, providing insights into communication activity and engagement with contacts.
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.
The Meetings by Owner metric shows the number of meetings scheduled and owned by each user in the Hubspot CRM, enabling you to track individual productivity and performance in terms of setting up meetings with prospects and clients.