Glossary

Glossary

Glossary

Quote to Close Ratio

Quote to Close Ratio

Quote to Close Ratio

Definition

The percentage of sales quotes that result in a closed sale. It is calculated by dividing the number of closed sales by the number of quotes given, then multiplying by 100. A higher ratio indicates effective sales processes.

The percentage of sales quotes that result in a closed sale. It is calculated by dividing the number of closed sales by the number of quotes given, then multiplying by 100. A higher ratio indicates effective sales processes.

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