Guy Rubin, CEO of Ebsta, discusses sales pipeline conversion benchmarks derived from Ebsta's dataset of B2B sales deals.
0:00 / 0:04exact quote · 4.9s
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“Because from the analysis we've done, only 30% of the opportunities opened close one.”
quote is from the automated transcript, cleaned for reading:
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“So less than 15% of or win rates dropped by 15%. Average deal values went down by a third, and sales cycles were continued to increase to buy an extra 30%.”
Guy RubinJun 13, 2023▶ 1:085 Ways to Grow Revenue in 2023 - Lessons from Analyzing 3M+ Deals
AssertionSupported
Rubin: Lost Deals Spend Twice as Long in Pipeline as Won Deals
“And the deals that close lost spend twice as long in pipe as deals that close one.”
Guy RubinJun 13, 2023▶ 9:195 Ways to Grow Revenue in 2023 - Lessons from Analyzing 3M+ Deals
Opinion
Rubin: Most sales reps and managers are not strategic thinkers
“Frankly, the sales guys and most of the sales managers aren't particularly strategic in their thinking.”
Guy RubinJun 13, 2023▶ 12:005 Ways to Grow Revenue in 2023 - Lessons from Analyzing 3M+ Deals
AssertionNot checkable as stated
Rubin: Structured qualification methodologies can double sales win rates
“We also saw that you can double your win rates with better sales methodologies. So introducing a med pick or a medic or a band type process to do your qualification and really making sure it's being used correctly.”
Guy RubinJun 13, 2023▶ 1:535 Ways to Grow Revenue in 2023 - Lessons from Analyzing 3M+ Deals
AssertionNot checkable as stated
Rubin: No Company Has Over 70% of Active Relationships in CRM
“So we have been doing this now for a decade, and we've never found a company with more than 70% of their active relationships in CRM. And usually it's less than 50%.”
Guy RubinJun 13, 2023▶ 2:565 Ways to Grow Revenue in 2023 - Lessons from Analyzing 3M+ Deals
AssertionNot checkable as stated
Rubin: 98% of CRM Contacts Have No Active Relationship
“But then when we analyze the data, we can see that there really is no relationship with 98% of the contacts they registered in the CRM.”
Guy RubinJun 13, 2023▶ 3:435 Ways to Grow Revenue in 2023 - Lessons from Analyzing 3M+ Deals
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