Maximizing Growth: The Crucial Role of Predictive Sales Analytics in Marketing Agencies

In the ever-evolving landscape of marketing agencies, staying ahead means more than just creativity and innovation—it requires data-driven strategies and predictive insights. For business leaders and sales teams alike, harnessing the power of predictive sales analytics and revenue forecasting is paramount, especially in an industry where recurring revenue models (MRR) reign supreme.

Why Predictive Sales Analytics Matters

At the heart of every successful marketing agency lies a deep understanding of future revenue streams. Predictive sales analytics provides invaluable visibility into pipeline growth, sales forecasts, and revenue KPIs like never before. By leveraging predictive insights, agencies can:

• Optimize Focus: Prioritize high-potential deals and identify those at risk to ensure the right focus and resource allocation.

• Forecast with Confidence: Track recurring revenue and forecast future earnings with precision, empowering confident decision-making and strategic planning.

• Analyze Trends: Gain insights into pipeline growth trends, conversion funnels, and sales velocity to inform proactive strategies and capitalize on emerging opportunities.

• Enhance Sales Team Performance: Provide sales teams, including account executives and SDRs, with actionable metrics to drive sales activities and maximize efficiency.

Ready-Made Reporting and Forecasting Templates

To facilitate seamless implementation, we're sharing five ready-made reporting and forecasting templates tailored for marketing agencies:

New Sales and Forecast: Track pipeline growth, forecast sales, and prioritize high-potential deals to ensure optimal focus.

New Sales and Forecasting for Marketing Agency

Recurring Revenue: Forecast and track revenue KPIs like new and churned MRR for enhanced financial visibility.

Recurring Revenue Forecast for Marketing Agency

Pipeline Growth: Analyze trends and values within the sales funnel for proactive decision-making.

Pipeline Growth for Marketing Agency

Pipeline Analysis: Evaluate success rates, conversion funnels, and sales velocity to optimize sales processes.

Pipeline Analysis for Marketing Agency

SDR Activity Tracking: Monitor sales team activities, such as meetings and calls and provide self-serve analytics to drive productivity and performance.

SDR Activity Tracking for Marketing Agency

Instantaneous Impact on Revenue and Profitability

In summary, the adoption of predictive sales analytics and automated reporting not only saves time but also leads to tangible business outcomes. By enabling better decision-making, focusing on high-potential opportunities, and increasing sales activity levels, agencies can achieve higher win rates, larger deal sizes, and ultimately, greater revenue and profitability. Embrace predictive analytics today and unlock the full potential of your marketing agency's growth journey.

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Interested?

Dear Lucy offers data-driven sales insights across sales solutions like Salesforce, Microsoft, HubSpot and Pipedrive. Book a session with our expert to learn more!

Unlocking Sales Success: The Power of Predictive Sales Forecasting

In the fast-paced world of B2B sales, staying ahead of the curve is essential for success. Sales leaders are constantly seeking ways to improve their strategies, optimize performance, and drive revenue growth. One crucial tool that has emerged as a game-changer in this pursuit is predictive sales forecasting. Let's delve into what predictive sales forecasting is, who needs it, and explore a powerful example of an automated, CRM data based forecasting model.

What is Predictive Sales Forecasting?

Predictive sales forecasting is a methodology that uses data analysis, historical sales data, and advanced algorithms to predict future sales outcomes accurately. By analyzing various factors such as past sales performance, market trends, customer behavior, and economic indicators, predictive analytics can provide sales leaders with valuable insights into future sales opportunities and potential challenges.

Who Needs Predictive Sales Forecasts?

Predictive sales forecasts are indispensable for various stakeholders within a B2B organization:

• Management Team and Board of Directors: Empowering the management team and board of directors to make strategic decisions, allocate resources effectively, and set realistic revenue targets that drive the long-term success of the organization.

• Sales Leadership: Sales leaders rely on predictive sales forecasts to identify sales trends, optimize sales strategies, and empower their teams to achieve targets effectively. By understanding future sales projections, sales leaders can make informed decisions regarding sales territories, incentive structures, and performance management initiatives.

• Financial Leadership: For financial leaders, predictive sales forecasts are essential for aligning financial planning with expected sales outcomes. By accurately predicting future revenue streams, CFOs and finance teams can develop budgets, allocate resources, and optimize financial strategies to ensure the organization's financial health and stability.

• Sales Teams: Equipping sales reps with actionable insights to prioritize leads, personalize outreach, and close deals more effectively. Predictive sales forecasts empower sales teams to focus their efforts on high-potential opportunities, tailor their sales approach to individual prospects, and ultimately drive higher conversion rates and revenue growth.

Leveraging Data for Sales Success

The best-run revenue teams are already harnessing the power of data for predictive sales forecasting and experiencing tangible results. By leveraging comprehensive data sets, including open pipeline data and historical sales data, these teams can:

• Anticipate Market Trends: Identify emerging opportunities and adapt sales strategies accordingly.

• Optimize Resource Allocation: Allocate resources more efficiently by focusing efforts on high-potential leads and markets.

• Improve Sales Performance: Empower sales reps with insights to tailor their approach, leading to higher conversion rates and increased revenue.

Key Benefits of Dear Lucy's Predictive Sales Forecasting Model

Dear Lucy's cutting-edge predictive sales forecasting model is at the forefront of this data-driven revolution. By seamlessly integrating with existing systems and leveraging advanced algorithms, Dear Lucy delivers highly accurate predictions on future sales outcomes.

• Automatic Forecast Generation: Say goodbye to manual forecasting processes. Dear Lucy automates the creation of predictive sales forecasts, saving time and ensuring accuracy.

• Comprehensive Data Analysis: By analyzing both open pipeline data and historical sales data, Dear Lucy provides a holistic view of sales performance and future opportunities.

• Granular Insights: Dear Lucy's visualizations enable sales leaders to examine predictive sales forecasts at multiple levels, from company-wide targets to individual account executives. This granularity allows for targeted strategies and optimized decision-making.

Practical example of Dear Lucy’s predictive sales forecast

Consider this practical application of predictive sales forecasting, seamlessly achievable by integrating your CRM data with Dear Lucy.

In this instance, the forecast draws upon historical data encompassing:

• Successfully closed deals,

• Weighted pipeline analysis,

• Projections of future pipeline development derived from rolling 12-month averages reflecting pipeline expansion and deal magnitudes.

Moreover, this forecast can be swiftly adapted to various scenarios and viewed across divisions, teams, or even on a regional scale. Typically, predictive sales forecasts are visually represented alongside sales objectives, facilitating a comparative analysis against previous periods for enhanced insights.

Predictive Sales Forecast by Dear Lucy

Charting a Course for Success

Embracing predictive sales forecasting with tools like Dear Lucy empowers B2B sales leaders to navigate the dynamic landscape with confidence. By leveraging data-driven insights, optimizing strategies, and aligning resources effectively, businesses can not only anticipate market trends but also drive sustainable growth and outperform competitors. Unlock the potential of predictive analytics today and lead your revenue team towards a future of unparalleled success.

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Interested?

Dear Lucy offers data-driven sales insights across sales solutions like Salesforce, Microsoft, HubSpot and Pipedrive. Book a session with our expert to learn more!

Salesforce and Salesloft: Unified View to Sales Performance

In the fast-paced world of B2B sales, where every minute counts and every opportunity matters, having a clear, unified view of your sales performance is crucial. Yet, for many sales leaders overseeing teams utilizing both Salesforce and Salesloft sales solutions, the lack of a cohesive reporting and analytics platform presents a significant challenge.

The Status Quo: Fragmented Data, Delayed Decisions

Picture this scenario: your SDR teams are diligently prospecting and engaging leads through Salesloft's powerful cadences, while your Account Executives are managing pipelines and closing deals in Salesforce. Each platform offers valuable insights into specific stages of the sales process, but the real challenge arises when you try to piece together a comprehensive view of your entire sales funnel.

Sales leaders are left grappling with disparate data sources, manual reporting processes, and delayed insights. Without a unified solution, tracking performance against targets becomes a cumbersome task, often leading to missed opportunities, overlooked issues and delayed decision-making.

The Problem: Lack of Visibility and Actionable Insights

The crux of the issue lies in the inability to seamlessly integrate data from Salesforce and Salesloft, leaving sales leaders in the dark about the true status of their sales performance. Without real-time visibility into key metrics and KPIs across the entire sales funnel, identifying areas of improvement, spotting bottlenecks and capitalizing on opportunities becomes a daunting task.

Sales teams are left navigating through siloed data, struggling to prioritize efforts effectively and missing out on valuable insights that could drive growth and success.

The Solution: Unified Sales Analytics Platform

Enter Dear Lucy – the game-changer for sales leaders seeking to revolutionize their reporting and analytics processes. Dear Lucy serves as the missing link between Salesforce and Salesloft, seamlessly pulling data from both platforms into one unified solution.

With Dear Lucy, sales leaders gain instant access to a comprehensive overview of their sales performance, effortlessly tracking KPIs and metrics against goals in real-time. Say goodbye to manual reporting headaches and hello to actionable insights that empower sales teams to focus their efforts where they matter most.

Unlocking Business Value: Saving Time, Driving Results

By harnessing the power of Dear Lucy, companies can unlock immense value by streamlining their reporting workflows, saving valuable time, and driving tangible results. With automated data integration, calculation of KPIs, and intuitive visualizations, sales leaders can make informed decisions faster, capitalize on opportunities swiftly, and drive revenue growth with precision.

In summary, it’s not just a solution – it's a strategic investment in the future of your sales organization. By unifying your sales intelligence and empowering your teams with actionable insights, Dear Lucy paves the way for unparalleled success in today's competitive B2B landscape with to streamlined reporting, accelerated decision-making, and unprecedented sales performance – all with Dear Lucy by your side.

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Interested?

Dear Lucy offers data-driven sales insights across sales solutions like Salesforce, Microsoft, HubSpot and Pipedrive. Book a session with our expert to learn more!

Dear Lucy Welcomes Johanna Korhonen as New Chief Sales Officer

Dear Lucy, a leading provider of data-driven sales insights, is thrilled to announce the appointment of Johanna Korhonen as its new Chief Sales Officer (CSO). In this role, Johanna will spearhead Dear Lucy's global sales efforts, driving growth and fostering strategic partnerships across international markets. She will also join the company's management team, contributing to the overall strategic direction and operational excellence of Dear Lucy.

Johanna brings a wealth of experience to her new position, having previously served in key sales leadership roles at Supermetrics. During her tenure at Supermetrics, Johanna was instrumental in building and scaling sales teams globally. Her proven track record in sales strategy, team leadership, and market expansion makes her an invaluable addition to the Dear Lucy team.

"We are delighted to welcome Johanna to the Dear Lucy team" says Taina Sipilä, CEO of Dear Lucy. "Her extensive experience in building and leading successful sales teams, combined with her deep understanding of international markets, aligns perfectly with our growth objectives. Johanna's appointment reinforces our commitment to driving innovation, expanding our global footprint, and delivering exceptional value to our customers."

As Dear Lucy continues to evolve and expand its offerings, Johanna's expertise will be pivotal in accelerating sales growth, enhancing customer engagement, and cultivating new business opportunities. Her strategic vision and leadership will play a crucial role in shaping the future of Dear Lucy and driving the company's success in the competitive global marketplace.

"I am thrilled to join Dear Lucy as Chief Sales Officer and be part of a dynamic team that is passionate about driving innovation and delivering exceptional solutions to its customers," said Johanna Korhonen. "I look forward to leveraging my experience and skills to further accelerate Dear Lucy's growth, strengthen our global sales operations, and contribute to the company's continued success."

Johanna Korhonen

Chief Sales Office (CSO), Dear Lucy

Connect with Johanna in LinkedIN or reach out via email johanna@dearlucy.co or phone +358 40 735 4787.

About Dear Lucy

Dear Lucy is a leading provider of sales forecasting and analytics solutions (SaaS). With a focus on exceptional user experience, the company is dedicated to empowering organizations to drive faster revenue growth. Dear Lucy's innovative solutions and commitment to customer success have established it as a trusted partner for businesses seeking to use data and analytics for maximizing their sales performance.

For more information, please contact:

Taina Sipilä, CEO,

Email: taina@dearlucy.co

Phone: +358 50 5472415

Sales Analytics Maturity Model: Are You A Data Champion Or A Data Laggard?

Sales analytics has proven to be a key source for driving predictable revenue growth. Simultaneously, sales analytics is creating a significant, ever growing business advantage for the data “champions” against the data “laggards”.

Data and analytics empower businesses, leaders and employees to make better decisions and improve the overall business performance. Nevertheless, there is a substantial gap between the early adopters of predictive analytics and the revenue teams still running their sales processes on note books.

While the road to being a data champion is not an easy one, it’s necessary and well worth the effort. Recent BCG research commissioned by Google shows how data champions grow their revenue over twice as fast as laggards, and the performance gap will continue to widen.

What is the analytics maturity model?

The analytics maturity model is a framework that helps businesses determine how they can use their data to find insights and make decisions. Gartner’s Analytics Maturity Model consists of the following four phases representing different maturity levels at which organizations can be during their adoption journey in analytics.

• Descriptive Analytics - what happened - is the simplest form of analytics and the foundation for more in-depth types of analytics. Descriptive analytics summarizes what happened or is happening by pulling trends from raw data and providing insight into what these trends mean.

• Diagnostic Analytics - why did this happen - includes comparing trends or movement, seeing if there are correlations between certain statistics, and determining cause-and-effect relationships where possible.

• Predictive Analytics - what might happen in the future - leverages historical data to make predictions on future trends or results. Predictions can be done manually or with machine-learning algorithms.

• Prescriptive Analytics - what should we do next - takes into account all possible factors in a scenario and suggests actionable takeaways.

Basically, the value of the analytics gets higher as you proceed into the advanced phases of the analytics.

What are the typical levels of progression in sales analytics?

While every company can become a data champion, knowing one’s starting point is important. These typical levels in sales analytics maturity represent a progression from a basic, reactive approach to a more advanced, proactive, and innovative use of analytics in sales. Organizations move through the stages by investing in technology, talent, and processes to enhance their analytical capabilities and ultimately gain a competitive advantage in the markets. 

• Basic/Ad Hoc Level means very limited or no use of analytics. Decisions are primarily based on intuition and historical experience rather than data.

• Awareness Level suggests recognizing the importance of data and analytics in sales. Basic reporting tools may be in place, but analytics are not fully integrated into decision-making processes.

• Proactive Level entails starting to use more advanced analytics tools. Some predictive analytics may be applied to forecast sales trends and data-driven insights are becoming a more significant factor in decision-making.

• Optimization Level supposes that advanced analytics are well-integrated into sales processes. Predictive and prescriptive analytics are used to optimize sales strategies and there is a focus on continuous improvement and refining sales operations based on data-driven insights.

• Innovative Level signifies that cutting-edge analytics technologies, such as artificial intelligence and machine learning, are actively employed. Sales strategies are highly adaptive, leveraging real-time data for decision-making. The organization is at the forefront of using analytics to drive innovation in sales.
  

Predictive sales analytics in a shareable format.

How to become a sales analytics champion?

Any company can become an analytics champion and any champion can fall behind without continued investment and innovation. The key is to continue to improve both the analytics maturity and adoption across relevant stakeholders to tap into the rich vein of business insights that will elevate performance and ensure the company’s future success. 

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Interested?

Dear Lucy offers data-driven sales insights across sales solutions like Salesforce, Microsoft, HubSpot and Pipedrive. Book a session with our expert to learn more!

Tech-powered Sales Growth: How Self-serve Analytics Maximizes Sales Rep Performance

Growth champions are today driving rapid, smart decision-making across sales teams and witnessing the power of self-serve sales analytics in maximizing sales reps’ performance.

Sales has traditionally been seen as more of an art than a science, driven by sales reps' intuitions for planning the next moves and guesswork for submitting forecasts. However, we’re now witnessing a quick shift towards data-driven sales.

Sales analytics as key source for revenue growth

Sales analytics is a sales team's hidden superpower. It enables sales reps to effectively track, evaluate, and enhance their sales performance by quickly acting on insights and recommendations. It also helps sales teams predict sales trends and forecast the future performance.

According to McKinsey’s research, companies that are using data-driven sales-growth engines report revenue increases of up to 20 percent and EBITDA increases in the range of 15 to 25 percent. 

Keys to setting up actionable self-serve analytics for sales reps

Actionable sales analytics refers to the use of data and insights to inform specific, practical actions that sales teams can take to improve their performance and achieve better results. 

Actionable goals steer the sellers towards hitting the quota.

1. Actionable goals to set the direction

   Sales KPIs (Key Performance Indicators) are the most important way to determine whether or not your company is moving in the right direction. KPIs are values that can be measured against desired results. The key is to cut the fluff, and focus only on what’s absolutely necessary to optimize overall sales performance.
   

   By clearly defining KPIs and visualizing the goals, sales reps will always be guided on what’s needed to hit the quota. Actionable goals are clearly defined, tangible objectives that can guide sales reps toward the outcomes they want. Such goals steer the reps toward action because you've defined exactly what you want and considered how you'll get there.

2. Live recommendation for the next best move

   Timely, up-to-date insights are essential to making the right decisions at the right time. The best action to take next may be contacting the champion of a deal that scores high or addressing an account at risk of churn.

   To boost the adoption and ensure your sales reps are empowered by data at all times, the most effective approach is to seamlessly embed analytics tools into the sales process and sales teams go-to-solutions, like CRM. 

   Furthermore, configuring automated alerts and notifications for critical events or changes in data drives rapid, smart actions. For instance, if a deal is at risk or if a sales rep achieves a significant milestone, they can receive automated alerts.

3. Shared insights to boost the motivation

   
   Best-performing sales teams highly rank the importance of transparent performance data that’s accessible to all. It helps sellers stay motivated and on track to hit their goals. 

   Transparent performance data holds individuals accountable for their results. Knowing that their performance is being tracked and visible to others encourages sellers to take ownership of their goals and work towards meeting or surpassing them. Transparency in performance metrics also allows salespeople to identify areas where they may be falling short. 

Sales analytics embedded inside CRM to drive smart decision-making and actions at all times.

Driving maximized sales rep performance

By integrating self-serve analytics into the sales process, organizations empower their sales reps with the tools and information needed to thrive in a dynamic and competitive business environment. The result is improved efficiency, better decision-making, and ultimately, enhanced sales performance.

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Interested?

Dear Lucy offers data-driven sales insights across sales solutions like Salesforce, Microsoft, HubSpot and Pipedrive. Book a session with our expert to learn more!

Goal Setting and Tracking with Salesforce

Tracking sales goals is crucial for businesses to measure their performance, identify areas for improvement, and ensure they are on track to achieve their revenue targets. In this blog we go through the steps needed to effectively track sales goals.

1. Define Clear and Specific Goals

   Start by setting clear and specific sales goals. For example, you may want to increase revenue by a certain percentage, sell a specific number of products or services, or reach a particular sales volume within a defined time frame.

2. Break Down Goals

   Divide your overarching sales goals into smaller, more manageable objectives. These can be monthly, quarterly, or annual targets. Breaking down the goals makes it easier to track progress over time.

3. Use Key Performance Indicators (KPIs)

   Identify the key metrics that will help you measure progress toward your sales goals. Common KPIs for tracking sales performance include:

   • Monthly/Quarterly/Annual Revenue

   • Number of Sales

   • Conversion Rate

   • Average Deal Size

   • Sales Funnel Metrics (e.g., leads, opportunities, closed deals)

   • Customer Acquisition Cost (CAC)

   • Customer Lifetime Value (CLV)

4. Implement a Goal setting and tracking System

   Your Salesforce CRM can be invaluable for managing customer data, tracking sales interactions, and monitoring the sales pipeline. Nevertheless, implementing Dear Lucy’s goal setting and tracking system allows you to set and visualize your goals and track the goal attainment on a daily basis.

5. Set Realistic Targets

   Ensure that your sales goals are achievable and realistic based on historical data, market conditions, and your team's capabilities. Setting overly ambitious goals can demotivate your sales team.

6. Create Visual Sales Reports and Dashboards

   Generate regular sales reports and dashboards that display the relevant KPIs and metrics for different audiences like sales team, sales rep, leadership and board. Visualizing data makes it easier to spot trends and areas where improvement is needed.

7. Regularly Review Progress

   Hold regular meetings or check-ins to review sales progress. This can be daily, weekly, or monthly, depending on the timeframe of your goals. Analyze the data and discuss strategies to address any shortfalls or capitalize on successes.

8. Provide Sales Training and Support

   Invest in ongoing training and support for your sales team to help them meet and exceed their goals. Continuous improvement is essential for long-term success.

9. Adjust Strategies as Needed

   If you're not making progress toward your sales goals, be willing to adjust your strategies. This might involve revising your marketing efforts, reevaluating your sales process, or refining your target audience.

10. Celebrate Achievements

    Recognize and celebrate achievements and milestones. Acknowledging your team's efforts can boost morale and motivation.

11. Learn from Failures

    It's essential to learn from any failures or setbacks. Analyze what went wrong, why it happened, and how to avoid similar issues in the future.

12. Stay Flexible

    The business environment is dynamic, so be prepared to adapt your sales goals and strategies as needed to stay competitive and meet changing market conditions.

By following these steps and regularly tracking your sales goals, you can keep your team focused, make informed decisions, and work toward the continued growth and success of your business.

How to Create Accurate Sales Forecasts with HubSpot

Are your sales forecasts still based on primitive guesses and intuition? In this blog post we share tips on how to improve forecasting accuracy with HubSpot and Dear Lucy.

What is a sales forecast?

Gartner defines sales forecast as: 

“..a projection of future sales revenue and a prediction of which deals will move through the sales cycle. Sales forecasts drive short-term spending decisions and impact decisions on key deals.”

Why are sales forecasts important?

Accurate sales forecasting is the foundation for success. It enables smart decision-making, informs budgets and helps detect potential threats before it’s too late.

Companies with more advanced forecasting processes and tools perform overall better than their peers because they deeply understand their business drivers and can shape the outcome of a sales period before the period closes. A sales forecast is the most critical aspect of meeting quota.

By identifying the biggest opportunities, the entire revenue team including sales, marketing, customer success, finance and executives can all align and focus their efforts to make the biggest achievable business impact.

How to accurately forecast sales?

Improving the accuracy of your sales forecasts depends on multiple factors, including strong collaboration, reliable sales data and an analytics-based process.

Typically sales forecasting is a weekly, iterative process including the following reviews:

• One-on-one sales meetings between sales leaders and reps for pipeline inspection, reviewing key opportunities and adjusting individual forecasts.

• Forecast calls with the revenue organization for pipeline health and pipeline coverage, aligning on prioritizations and confirming team/business forecasts.

• Presentation of the numbers to leadership, board and investors for further discussion and measures.

The key to a successful review process are predictive, real-time insights based on your sales and revenue data from your HubSpot CRM. They allow you to easily analyze your sales pipeline, identify trends and patterns, and adjust your forecasts based on different scenarios.

Predictive sales forecasting with HubSpot and Dear Lucy

Dear Lucy automatically gathers data from your HubSpot across sales, marketing and revenue teams and synthesizes the data into real-time status, actionable insights and predictive forecasts. Dear Lucy’s visual sales insights present a single-source of truth for sales reps, sales leadership and management across the iterative sales forecasting process.

Key insights for accurate sales forecasting include: 

• Predictive sales forecasts segmented by team, business unit, business type

• Recurring (MRR) and one-off revenue forecast

• Predictive deal scores highlighting the high priority deals and deals at risk

• Pipeline analytics such as pipeline coverage, pipeline snapshots, deal slippage

• Actionable goals highlighting the strategy and business requirements

Predictive Insights for Forecast Call by Dear Lucy

Generating sales forecasts requires a rigorous and well-designed forecasting process combined with well-defined data points in HubSpot CRM, such as forecast category, opportunities amount, sales stage, close date and ie. historical performance. When well-communicated and understood, your forecasting accuracy and sales accountability improve dramatically.

Dear Lucy’s Predictive Sales Forecasts right inside your HubSpot

Key benefits of predictive sales forecasting

Traditionally sales forecasting has been a process of exporting CRM data to spreadsheets, manually processing the data and presenting forecasts mostly based on a gut-feeling.

Data-based forecasting and real-time insights forces teams to carefully plan and execute for greatest achievable business impact. Automatic data processing saves a substantial amount of hours wasted and helps teams focus on finding the best paths for reaching and exceeding quota.

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Interested?

Dear Lucy is a Certified HubSpot App partner offering comprehensive sales & revenue insights. We highly recommend starting a trial and getting live insights on your sales performance within just minutes!

Custom filters for quickly customising entire dashboards

We are happy to introduce new custom filters! You can now quickly build new custom tiles and add custom filters to your dashboards. Read on to learn how to easily customize your dashboards with our new self-service features.

Dear Lucy team has always loved simplicity when it comes to creating new insights. We are thrilled to announce that you are now able to easily customize your dashboards with just a few clicks.

Extensive tile gallery to quickly design new dashboards

Your Dear Lucy contains an extensive gallery of prebuilt tiles and with our drag-and-drop dashboard builder you can easily create new dashboards for various use cases like weekly team meetings, management reporting or board calls.

A single prebuilt tile contains the actual visualization in a number or graph format, but also includes drill-downs for more details and trends to give you more detailed insights.

Designing a new interactive dashboard only takes a few minutes and it instantly works with all your favorite devices from mobile and laptop to tv infoscreens.

Custom filters to create new tiles and dashboard filters

You can now quickly create new tiles by leveraging the existing tile gallery and just quickly adding filters to your tiles. Like won deals or the number of employees for a particular business unit. 

CREATING A CUSTOM TILE

1. Pick the tile you want to customise

2. Name your new tile and add a description

3. Add custom filters by choosing the data source and data field

4. Save as new tile to your tile gallery

More detailed instructions on How can I build my own tiles in Dear Lucy?

You can also create custom filters for entire dashboards to allow viewing the dashboard from various perspectives. Like by country or by team.

CREATING A CUSTOM DASHBOARD FILTER

1. Add custom filter

2. Name your new filter

3. Choose the data source and data field

4. Add new filter to the dashboard

More detailed instructions on How can I add a custom field as a filter in Dear Lucy?

Create new tiles and add filters to your dashboard in the editing view

Learn more about How to customize the look & feel of your dashboards.

How to get started?

Custom filters are now available right inside your Dear Lucy for all admin users. Just head over to the dashboard editing view. For more detailed instructions, please visit our support site or contact us at support@dearlucy.co.

Predictive Deal Scoring - How to Win more Deals and Create Accurate Sales Forecasts

Is your sales team missing quota due to poor focus? Are your sales forecasts constantly inaccurate?  In this blog post we highlight how predictive deal scoring can help prioritize high-potential deals, identify warning signals and enhance forecasting accuracy.

What is predictive deal scoring?

Predictive deal scoring leverages data and predictive models to forecast the probability of success for individual sales opportunities. It enables sales teams to prioritize opportunities, allocate resources efficiently and make informed decisions to improve their win rates and overall sales performance.

It goes beyond traditional deal scoring by incorporating historical data, customer behavior patterns, and various predictive models to generate a probability or score indicating the likelihood of closing a deal successfully.

Deal scores can be used to prioritize deals and create accurate sales forecasts.

What are the key benefits of predictive deal scoring?

1. Enhanced forecasting accuracy

   By leveraging data and advanced analytics techniques, predictive deal scoring provides more accurate forecasts of deal outcomes compared to traditional methods, reducing guesswork and improving overall forecasting accuracy.

2. Better resource allocation

   Predictive deal scoring enables sales teams to allocate their time and resources more effectively by focusing on deals with higher probabilities of success. This improves efficiency and increases the likelihood of achieving sales targets.

3. Early risk detection

   Predictive models can identify potential risks or warning signs associated with a deal. This allows sales teams to take proactive measures to mitigate risks, address customer concerns or adjust their sales strategies accordingly.

4. Sales process optimization

   Predictive deal scoring can provide insights into the effectiveness of different sales activities and strategies. By analyzing historical data, organizations can identify best practices, refine their sales processes and make data-driven decisions to improve overall sales performance.

Dear Lucy’s predictive deal score

Dear Lucy’s deal score comprises of a vast amount of variables that deliver a score from 0-100. Each deal is analyzed in real-time leveraging your CRM data, like Salesforce, Microsoft Dynamics, Hubspot and Pipedrive.

Key variables having significant impact on deal outcomes consist of factors such as deal value and stage, customer engagement and engagement trends, opportunity lifetime and close date, sales rep performance, lead source, relationships and customer history and future interaction. Score variables and scoring models are customized for each client based on the sources and amount of data.

Deal scores can be used to prioritize and rank deals, focus resources on high-potential opportunities, and identify areas of concern or risk.

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Interested?

Dear Lucy offers powerful sales insights across sales solutions like Salesforce, Microsoft, HubSpot and Pipedrive. Book a session with our expert to learn more!