Overview

Percentage of total sales-accepted new business opportunities closed that were won in the given time period. Win Rate will exclude free trials ($0 opportunities) and finance adjustments (<$0 opportunities).

This is calculated by dividing the number of sales-accepted opportunities closed won in a given period over the total number of sales-accepted opportunities closed won and closed lost during that period, excluding free trials and finance adjustments.

You will find 3 Win Rate Cards in Atrium:

Win Rate: This is the Win Rate of all closed won deals in the given time period. This card is valuable for teams that close a combination of New and Existing Business Deals (Account Managers, Growth AEs, etc)
Win Rate - New Business: This is the Win Rate for all New Business Opportunities that were closed won in the given time period. This card is valuable for teams that primarily close new business deals (Inside Sales reps, etc)
Win Rate - Existing Business: This is the Win Rate for all Existing Business Opportunities closed won in the given time period. This card is valuable for team that primarily focus on existing business deals (Account Managers, Customer Success, etc).

Note: The Sales Accepted Stage and Opp Types mappings (which types are "New Business" or "Existing Business") are in your Organization Preferences Page.

(Learn more about how Atrium Actions & Objects work to calculate metrics.)

Metric Time Vector:The "Close Date" of the closed won and closed lost opportunities used in the calculation.

Metric Value Vector:The ratio of the number of closed won opportunities dividied by the number of closed opportunities (won or lost).

Why It's Important

Win Rate is a key input of the Revenue Formula as it measures your reps' or team's ability to win deals. It's important to know your team's win rate to understand When assessing a team or rep performance, win rate is an important metric to investigate either selling efficiency issues or outperformance.

How to Use It

If you've been using the existing Win Rate cards, but your team closes both New and Existing Business deals and you have been wanting to measure the combined performance of your team, this is the card for your team!

If you need some tips on how to incorporate the Win Rate cards into your flow, here are some common use cases:

Win Rate is a variable in the Bookings Formula (Bookings = Opps * Win Rate * ASP / Sales Cycle) and gives a measure of a rep's selling quality. It's an important metric to use to evaluate the performance of your team or reps.
Teams should track Win Rate over time for both teams and reps - especially as your organization makes changes to pricing or market strategy. For example, as you enter new verticals, increase your pricing, or enter new market segments (SMB, MM, ENT), its important to track how these changes affect your Win Rate over time to adjust your sales motion.
Add this card to your Forecasting Dashboards and Alert Feeds to use your team's historic Win Rates and current open opps and historic ASPs to understand future bookings.
Use the Opp Type filters on the Win Rate card to evaluate Win Rate for your different Opp Types (ie product specific or certain expansion type deal cycles). You can use this with the Opps Owned card for a more granular view into Rep Performance and to use in Forecasting and Planning.
Set Goals on this card to set a benchmark for the win rate you expect your team to be delivering in order to reach their quota.

Examples of How to Use This in Practice

Track improvement in team trends over time:

Identify reps who are struggling with win rate for coaching opportunities:

Advanced Details

$0 or Negative Value Opportunities: Occasionally organizations will Close / Win opportunities with $0 or negative values in order to true up bookings number or keep track of other information. Those $0 or negative value opps are not included in Win Rate.

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Overview

Why It's Important

How to Use It

Examples of How to Use This in Practice

Advanced Details