Lead Value forecasting Method
This forecast model involves analyzing historical sales data from each of your lead sources.
Then, you can use those data points to create a forecast based on the value of each source.
The beginning of a buyer’s journey can tell us a lot about how that journey will end. It’s like a bad romantic comedy. If you’ve seen a few similar movies, you can usually predict how they will end based on a few early, telltale signs.
By assigning a value to each of your lead sources or types, you can get a better sense of the probability for each of those leads to turn into revenue.
For this model, you’ll need the following metrics:
- Leads per month for the previous time period
- Lead to customer conversion rate by lead source
- Average sales price by source
[see original article for example calculations]
Most relevant during:
PMF phase
GTM Fit phase
Scale phase
Most relevant for:
ACVs < $15K
ACVs $15K-$50K