ACV is the average revenue generated for a particular customer per year. ACV is used in businesses where customers make regular, repeated purchases.
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15
What is the Churn Rate?
Churn Rate is the percentage of customers who stop buying from your company in a given time frame.
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trap
No points!
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rocket
Go to first place!
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shark
Other team loses 10 points!
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lifesaver
Give 15 points!
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15
What is Closing Ratio used for?
The closing ratio is used to measure sales agent success. It compares the number of closed deals to the number of prospects the agent interacted with.
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baam
Lose 25 points!
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shark
Other team loses 25 points!
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fairy
Take points!
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baam
Lose 10 points!
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15
What the abbreviation ARR stand for?
Annual recurring revenue
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15
What does ARR refer to?
is the amount of money a business expects to earn over one year from all its customers. ARR only includes repeat purchases, not first-time customers.
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15
What is Conversion in Sales?
A conversion is any prospect that moves to the next step in the sales pipeline. Conversions can refer to sales, but they can also refer to prospects setting up