Launching Superjoin for Finance, an Excel AI Agent built for Modeling & Analysis -> Learn More 🎉

Launching Superjoin for Finance, an Excel AI Agent built for Modeling & Analysis -> Learn More 🎉

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RevOps Glossary

Lead Conversion Rate

Glossary

Glossary

Lead Conversion Rate

Glossary

Lead Conversion Rate

Definition

The percentage of leads that convert into customers. It is calculated by dividing the number of conversions (sales) by the total number of leads, then multiplying by 100. This metric helps businesses evaluate the effectiveness of their sales and marketing efforts.

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