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90+ Sales Terms Explained: The Ultimate Sales Glossary

CloseSaaS

Sales reps—want to boost your knowledge? Learn over 90 essential sales terms and how you can use them in this in-depth sales glossary.

Sales 52
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What is a sales-qualified lead (SQL)?

Intercom, Inc.

A sales-qualified lead (SQL) is a prospective customer who has indicated through a series of actions that they have a high probability of converting. Having expressed interest in your product or service and been vetted to ensure they meet the right criteria, a sales-qualified lead is now ready to move into your sales process. .

Sales 129
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Customer Success and finance: 8 metrics to build closer alignment

ChurnZero

Good sales teams typically get the budget, headcount and tools they desire because the function is tied to revenue. CAC is the sum of the total marketing, sales and service spent in the previous period (month, quarter or year) divided by the number of new customers won in the current period. Use a common language to explain your logic.

Finance 98
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How to Build an Army of Virtual Sales Assistants to Help Grow Your Business

Sales Hacker

Ever since the 4-Hour Workweek where Tim Ferriss wrote about using virtual assistants (VAs) as a way to outsource your inbox – hiring virtual sales assistants has hit the mainstream. What is a Virtual Sales Assistant? A virtual sales assistant can also refer to a contractor located overseas. Think long term.

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170 Sales Terms From A – Z: The Updated Glossary of B2B Sales Definitions

Sales Hacker

With the rise of AI, new sales technology and automation at the forefront of the sales echo chamber these days, we thought we’d take a moment to bring it back to BASICS – that’s why we’ve rounded up this complete glossary of sales terms and definitions to help you remember where it all started.

Scale 99
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Q&A recap | 2022 SaaS retention benchmarks

ChurnZero

Those numbers are pretty wide, just like sales and marketing are often wide. If you have a bigger team and you can easily break it up, we think it’s better to throw the sales side of your CS group down below the margin, below COGS, and then keep your support folks in COGS. People will spend very large amounts.

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The SaaS Metrics Blueprint: How to Define, Measure and Display What Actually Matters

Sales Hacker

This is part of the Winning By Design Blueprint Series in which we analyze and provide practical advice for SaaS sales organizations. Figure 1: End to end customer-centric sales methodology with customer-centric measurement points. SQL (Sales Qualified Lead) A person who wants to take action and positively impact the situation.

Metrics 91