How far is your funnel from your new business target?
When a business is behind its new business target, the usual instinct is to generate more leads. Often the quicker win is converting more of the leads it already has, but from the inside it is hard to tell which.
Answer the twelve questions below with your own figures, and estimates are fine. You will see what your current funnel is likely to deliver over the next 12 months, how your conversion rates compare with typical B2B figures, and whether more leads or better conversion is the shorter route to closing the gap.
Your result builds as you type. Nothing you enter is stored or sent anywhere, and there is no email address to give.
The total number of organisations you could realistically sell to.
This tells us how much of that market is genuinely in play in any given year.
Annual contract value or first-year revenue from a new customer.
£
We use this to show what each win is worth over its lifetime, not just in year one.
Headline figures are first-year revenue, because that is what a 12 month target is usually set against. Lifetime figures multiply by the years a customer stays and ignore churn and expansion. Assumes conversion rates hold as volume rises, which they rarely do. Typical ranges are indicative B2B figures and vary by sector and deal size, and the market coverage thresholds are our own judgement. Treat this as a starting point for a conversation, not a forecast.
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