What's Your Magic Number for Sales and Marketing Efficiency?
Like the benchmarking of any key metric, you will drive operational efficiency and better use of your resources, when you see the variance between your company and your peers at the same stage and with a similar business model. You can then also compare your current metrics against the benchmarks for companies that have already achieved your future goals in order to plot out how to get to your goals.In addition, it is important to understand how you compare to the current performance of peers and leading companies in order to communicate your strategy with investors, stakeholders, and key players within your company.
February 23, 2022