Remove industries biotechnology-sales
article thumbnail

Sales Close Rate Industry Benchmarks: How Does Your Close Rate Compare?

Hubspot Sales

Your sales close rate is a number you need to keep a close eye on -- out of all the deals in your pipeline, what percentage do you actually close? Sales close rates let you know how efficient and effective you are as a sales rep. And it's a good way for managers to measure sales rep and sales team performance.

article thumbnail

Email Open Rates By Industry: See How You Stack Up

Hubspot Sales

As a sales professional, you’re sending emails all day, every day. Hopefully you have some idea of what your open rate is -- but do you know how you rank against the rest of your industry? Find out how your email open rate compares to your industry. The overall average open rate across all industries is 32%. Biotech: 37%.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

KPI Management: Research & Development (R&D) KPIs

Flevy

Within the broader framework of strategic planning and performance measurement, R&D is pivotal for organizations aiming to stay at the forefront of industry trends , adapt to changing customer needs, and sustain long-term growth. R&D Expenditure as Percentage of Sales Definition : The ratio of R&D spending to total sales revenue.

article thumbnail

How to Increase Profit Margin: 5 Strategies for Any Business

Hubspot Sales

Every company has its eyes on its bottom line and, in turn, is mindful of its profit margin — the most definitive metric of how successful your sales efforts are, relative to your expenses. Find gaps in your sales process where a disproportionate number of prospects fall off. Ways to Increase Profit Margin. Strategically raise prices.

article thumbnail

KPI Management: Intellectual Property (IP) Strategy KPIs

Flevy

Importance of a Robust Intellectual Property Strategy Intellectual Property Strategy is increasingly recognized as a cornerstone of business strategy, particularly in industries where innovation and technology play a central role. The firm prioritized “Freedom to Operate Assessments” to navigate the complex IP landscape.

article thumbnail

Account Based Marketing interview by Pfizer COE

Cosawi

Driven by her desire to make a real difference to patients’ lives and following a successful 30-year career in executive sales and marketing roles in the pharmaceutical and biotechnology industry, Dominique now advices organizations on effective KAM business transformation and implementation. Recent Posts. read more.

article thumbnail

How to Become a Medical Sales Rep (Even If You Have No Experience)

Hubspot Sales

How to become a medical sales rep. Medical sales jobs will always be in high demand. Despite automation’s emergence in nearly every aspect of business, medical sales remains a largely face-to-face industry. You’re likely already aware of the high earning potential of medical sales. biotechnology.