What is Sales Qualified Lead?A Sales Qualified Lead (SQL) is a prospect that meets certain conditions as defined by the sales process. SQLs are middle of the funnel, having been qualified first by marketing or a lead setting team, and are now ready to be moved to the next stage in the sales process.
How to calculate Sales Qualified Lead
ƒ Count(Sales Qualified Leads)
Tell me more about this metric
Marketing Qualified and Sales Qualified Leads sit right at the intersection between the marketing and sales teams. Defining who does what and each team is being measured on can be made easier by having a good understanding of both MQLs and SQLs.
Keep in mind, at the point that Marketing hands over a Marketing Qualified Lead (MQL), that the lead has raised their hand, and is receptive to learning more, but is likely not yet ready to buy. When sales takes over and engages, and further educates the prospect, they will typically designate the prospect as an SQL.
Once there is a stated need, a timeline, a budget, and the person has buying authority, an Opportunity might be created as part of the sales process.
How MQLs and SQLs are defined will vary for each company, but these general ideas will hold true.