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Metrics in Sales Management: Leading and Lagging Indicators
E-books / Sales Management / Oct 27, 2020 / Posted by Nikolaus Kimla /

Metrics in Sales Management: Leading and Lagging Indicators

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This is the second ebook in our Sales Management Series. In this ebook, we’re going to discuss the basics of metrics in Sales Management.

The use of KPIs (Key Performance Indicators) to measure a sales team’s growth or contraction have been used for many years. Some examples include gross sales, net revenue, products sold, and others that demonstrate how a company has succeeded (or not) through a particular period (quarter or year).

But these particular KPIs are actually lagging indicators—so called because they only reflect what has been done. It is rather like the final score of a football game that’s already been played—by the time lagging indicators are recorded, it is too late to change anything. Hence, KPIs are needed which help predict what those lagging indicators will be. These are called leading indicators. As you’ll see, leading indicators are used much too infrequently in sales. We’ll discuss what they should be and how they should be used.

We will also be discussing the combined use of leading and lagging indicators within CRM, and why this is such a vital necessity for sales analysis today.

I hope you find this, and all the ebooks in this series, of helpful use!

About Author

CEO and partner of pipelinersales.com and the uptime ITechnologies, which I founded in 1994 and has since played a significant role in the development of the IT-environment. pipeliner is the most innovative sales CRM management solution on the market. Pipeliner was designed by sales professionals for sales professionals and helps close the gap between the requirements of C-level executives for transparency and the day-to-day operational needs of field and inside sales. I am also the founder and Initiator of the independent economic platform GO-AHEAD!, which orientates itself on the principles of a free marketplace in terms of liberal and social responsibility. Connecting people, the trust of business leadership in terms of values such as freedom, self-responsibility, and entrepreneurial spirit, and strengthening their awareness in order to create a dynamic boost within the economy triggered through spontaneity, all stand for the initial ideas surrounding GO-AHEAD! I studied in Los Angeles and Vienna and received my Masters's Degree in 1994. I am married and have 3 children My Specialties are in: Sales Management, Sales CRM Software, CRM Cloud Solutions, SAAS, Business Strategy, Software Development, "Pipeline Management", Social responsibility, outbound sales, b2b sales, inside sales, sales strategy, lead generation, sales process, entrepreneurship, coaching, mentoring, speaker, opportunity management, lead management, Austrian School of Economics

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Comments (4)

0

Simon Tarh commented...

Just added one or two extra skills via this reading

0

Junior Antem ABRAHAM commented...

Great

0

Oyindamola Soyinka commented...

Leading and Lagging Indicators!!!!
I love this topic.
Sales is a Numbers game,
What do you need to do to get what you require: Greatest Insight ever.

0

oluwakemi Fola commented...

wao, i love it

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