Cookie

Commerce Glossary

A comprehensive resource to help you master the language of commerce.
What commerce term are you interested in?
Search Results for ""...

What is a Sales Closing Ratio?

sales clos - ing ra - tio
noun
The Sales closing ratio is a metric used to determine how well is performing an individual sales representative.
How Does the Sales Closing Ratio Work?

This business metric is calculated by comparing the number of closed deals to the number of presentations one sales representative makes.

Want to read more on this topic? Check out our related resources:

Simplify the eCommerce process. Try 2Checkout.
The most flexible digital commerce platform that can give your business a real boost.