Creating a sales analysis report can feel like a daunting task. Get started with this list of sales report templates. We’ll also explore 10 types of sales analysis reports and how they can take your team’s performance to the next level.
There are multiple types of sales reports, each with different benefits. Below, you’ll explore 10 types of sales analysis reports. Pick which report aligns most with your goals.
After, we’ll explore sales report templates to help you get started.
This is an example of what a pipeline report looks like in HubSpot Sales Hub. You’ll notice each stage of the pipeline and where opportunities are within it.
Pro tip: As each stage in the pipeline requires specific actions to move a prospect to the next step, you can identify how well your reps are performing these actions. Use this report to identify in what stages of the pipeline your team excels. You can also identify where they need help.
By monitoring your conversion rate, you can pin down the points in your sales lifecycle where you’re excelling or underperforming.
This report is also a solid litmus test for individual reps’ strengths and weaknesses. If a rep is underperforming altogether, you can look into their conversion rate to see where they need help.
Pro tip: When considered on an operational or team-wide scale, this report can reveal the efficacy of your overall sales strategy. It can also measure the effectiveness of your sales team at converting leads into customers.
Your average deal size is crucial in predicting revenue and monitoring the soundness of your sales pipeline.
Let’s say your revenue target is $200k for a quarter. If your average deal size is $20k, then you must secure 10 deals in that timeframe. That might seem obvious, but it’s still important to keep tabs on this metric.
Remember: Always monitor your average deal size. It provides a critical structure to your sales operations.
When considering the metric, you have to establish an ideal timeframe to use as a benchmark. One of those benchmarks should be how long it takes a rep to work through your sales cycle. If individual reps are struggling, you can take the time to look at their efforts and identify areas for coaching.
If all reps are struggling to keep your target pace, then it’s time to take a look at your operations. You might find fundamental flaws in your approach, your training, or your management style. This insight can help you remedy mistakes.
Savvy sales leaders know how their reps use marketing collateral and if the marketing material resonates with prospects.
A marketing collateral usage report allows you to track what marketing content is working in all your sales cycles. You’ll also see which documents have sat untouched for months. Communicate that information to your marketing team, and you’ll be rewarded with more relevant and useful content.
Best for: Identifying which marketing collateral gets the most traction with prospects and which content could use a refresh.
Deals-in-progress aren’t the only ones you should be focusing on. To understand the state of your business, you should be tracking all the deals you win and lose.
Are there specific features prospects always go crazy for, or competitors you consistently lose to? Look for commonalities between these deals, and you’ll gain valuable insight into your product’s overall strengths and weaknesses.
This is also a good way to spot under- and over-performers. For example, two reps who have the same average quota attainment could both appear to be stellar. This report can help you understand key differences.
If one rep spends a lot of time helping others get deals across the finish line while still maintaining high attainment, you have a great manager candidate on your hands. Another rep may have the same attainment but relies on other teammates to run closing calls.
There’s always a story beyond what the numbers tell you, and analyzing won and lost deals by rep will reveal it.
Best for: Evaluating performance against a range of variables. That may include company size, industry, number of reps on your team, the prevalence of competitors, etc.
Ironing out the kinks in your sales process can positively impact your customer retention rate and overall customer experience.
Best for: Identifying and fixing bad patterns throughout the sales process.
Ideally, you want your reps closing a healthy number of deals compared to the number of prospects they meet with. If they meet with 10 per day, but close none, you could use this report to offer better closing techniques. If the opposite is true, you can find what’s working and share those tactics across the wider team.
Best for: Measuring the average time it takes for your sales rep to follow up with a lead. You can compare this metric to industry benchmarks.
As a nice complement to the average deal size report, a revenue report can help your reps see how their work impacts the bottom line.
In this report, you’ll see a breakdown of new business and renewals — and which reps contributed to each. That can help you identify super-star sales reps for future promotions.
Many sales teams focus on identifying potential clients and closing deals, leaving little time for detailed reporting. The good news is that your team can use several powerful sales report templates to review important metrics and information quickly.
Here’s a closer look at four of these reports and how you can set them up in your organization.
It’s easy to get tied up in the day-to-day work of prospecting, meeting with potential clients, and closing. You may forget to compare how your current sales compare to your forecasted numbers.
A forecasted vs. actual sales report can help your salespeople compare their progress against monthly and quarterly goals. These reports provide a quick way to analyze sales numbers and make adjustments as necessary.
This free report template from HubSpot can help you easily track deals in your pipeline. You can easily spot which deals you’ll need to prioritize to hit your quota.
While every sales team strives to close as many deals as possible, some customers will inevitably say no. Understanding why a deal was lost can provide insight into why potential clients go elsewhere.
When creating this report template, you’ll want to add a column or prompt to your current sales pipeline that allows salespeople to choose why your team lost the deal.
Here are a few reasons to include in your lost deal report:
For managers, having the ability to quickly view their team’s overall activity can be a great way to track productivity. It also provides information on key business development metrics such as emails, prospect visits, and client calls.
Make sure to customize your report to include the metrics that matter most to your sales team. For instance, if your organization places a higher value on meeting prospects in person, you’ll want to ensure you include KPIs focused on visiting prospects.
Most sales platforms offer a look at how general sales are going. Go above and beyond by creating a custom total sales report. This dashboard will allow your management team to quickly see how each salesperson is doing over a given period.
This readily available information will make it easier to identify team members who outperform goals and those who could benefit from additional coaching.
As a sales leader, you have a lot to keep track of. It helps to know what different information sources can reveal about your reps, your strategies, or your management style. All of these reports can provide critical insight into what you’re doing well and what you could be doing better.
If there’s anything to take away from this article, it’s this — always track your customer and lead data. If you’re not, you’re missing out on reports that will undoubtedly help your business be the best it can be.
Editor’s note: This post was originally published in March 2016 and has been updated for comprehensiveness.