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 Deals Amount by Original Source Type metric shows the total value of deals won in a specific time period, categorized by the original source that brought in the lead, such as email marketing, social media, or paid advertising. This helps analyze which marketing channels are driving the most revenue for your business.
Closed Lost by Owner metric tracks the number and value of deals lost by each sales rep in HubSpot CRM. It helps sales managers identify top-performing reps and areas for improvement.
The Deals by Original Source Type metric displays the total number of deals in your Hubspot CRM by the type of original source that generated the lead or opportunity, helping you identify which sources are most effective in driving sales.
Latest Deal by Name metric in Hubspot CRM refers to the name of the most recently closed deal in the system, providing insight into the current state of sales activity and deal flow.
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 Closed Lost is a metric that measures the number of deals that have been fully progressed through the sales cycle but ultimately did not result in a sale or were lost to a competitor.
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.