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.
With Databox you can track all your metrics from various data sources in one place.
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 All Deals metric in HubspotCRM provides a comprehensive overview of all deals in the sales pipeline, including the total number of deals, their total value, and their current stage.
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.
A metric that measures the total revenue generated by a sales owner from deals that were successfully closed in Hubspot CRM.
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.
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.
Open Deals is a metric that indicates the total number of deals that are in progress but have not been marked as won or lost in a given period of time in the Hubspot CRM system.
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 Contacts (Marketing) metric in Hubspot CRM refers to the total number of leads or contacts that have been added to the marketing database, through various channels such as website forms, landing pages, social media, email campaigns, etc. This metric helps evaluate the effectiveness of marketing efforts and indicates the potential customer base.