Question:
During a given period, a Sales Team has received 1,055
enquires of which 80% were converted into face-to-face
meetings. Of the face-to-face meetings, 75% were given
a product presentation and of those, 60% were given a
deal proposal that subsequently went into the negotiation
phase. At the end of this period the Sales Team sold 114
vehicles. What is their Closing Ratio?
Answer: 30.02%
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