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COMMERCE GLOSSARY

Commerce Glossary

A comprehensive resource to help you master the language of commerce.

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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.

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