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The number of leads you generate that actually become paying customers is known as your ______

a. Average conversion rate
b. Average lead-to-customer rate
c. Average revenue
d. Average lifetime value of a customer

User Tiagob
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1 Answer

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Final answer:

The correct answer is 'b. Average lead-to-customer rate'. It is a business metric that measures how many leads convert into paying customers, reflecting the efficiency of the company's sales funnel.

Step-by-step explanation:

The number of leads you generate that actually become paying customers is known as your average lead-to-customer rate. This metric measures the effectiveness of your lead generation and conversion processes by indicating the proportion of leads that result in sales. A higher average lead-to-customer rate suggests a more efficient sales funnel where a greater percentage of interested prospects are successfully converted into customers, thereby contributing to the company's revenue.

User Thalita
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