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What KPIs Should I Track for Demand Generation?

Start with outcomes (pipeline & revenue from qualified demand), add efficiency (CAC, payback, cost/SQO), velocity (cycle length, conversion), and leading indicators (MQAs, meetings, high-intent traffic)—all split by demand capture vs. demand creation.

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Build a demand KPI stack that prioritizes: Outcomes—pipeline created, revenue, ACV, win rate; Efficiency—CAC, MER (revenue/spend), cost per SQO/opportunity, payback; Velocity—sales cycle length, stage conversions, pipeline velocity; and Leading Indicators—MQAs, meetings/demo rate, high-intent traffic, pricing/product page CVR, intent spikes. Segment by capture (in-market) vs creation (future demand), channel, program, and ICP tier, then report weekly with dashboards finance trusts.

The Demand Gen KPI Stack

Outcomes — Pipeline created, closed-won revenue, ACV, win rate, pipeline coverage.
Efficiency — CAC, MER (Revenue/Spend), cost per SQO/opportunity, gross-margin payback (months).
Velocity — Sales cycle length, stage-to-stage conversion, Pipeline Velocity = (#Opps × Win Rate × Avg Deal Size) ÷ Cycle Days.
Demand Capture — MQAs, meeting/demo rate, product/pricing page CVR, branded search, inbound form CVR.
Demand Creation & Health — reach/impressions with ICP, content consumption, brand search lift, email deliverability, unsub/spam, data quality & consent.

Stand Up a CFO-Ready KPI Framework

Separate Capture vs. Creation. Map KPIs to two motions: capture (in-market demand) and creation (future demand). Use program tags so dashboards roll up correctly by motion, channel, campaign, and ICP tier.

Define Stages & Thresholds. Standardize funnel stages: Engaged Account → MQA → Meeting/Demo → SQO → Opportunity → Revenue. Publish clear stage criteria and auto-create timestamps to enable conversion and velocity math.

Instrument Attribution. Use standardized UTMs and program names. Pair multi-touch attribution with self-reported attribution and lift tests for dark-funnel channels; present them side-by-side in dashboards.

Use Formulas Finance Recognizes. Pipeline Velocity = (#Opps × Win Rate × Avg Deal Size) ÷ Sales Cycle Days. CAC Payback (months) = CAC ÷ Monthly Gross Margin per Customer. Track by segment and trend over time.

Govern the Metrics. Run a weekly revenue standup to review MQAs, meetings, SQOs, and opps vs. targets; inspect anomalies (deliverability, traffic quality, source mix), and assign next-best actions. Refresh targets quarterly.

30-Day Demand KPI Implementation Sprint

  • Days 1–5: Lock funnel stage definitions and TAL/ICP tiers; create properties & timestamps for MQA, meeting, SQO.
  • Days 6–10: Standardize UTMs/program names; connect ad/email/web/CRM data; enable self-reported attribution on key forms.
  • Days 11–15: Build dashboards: outcomes, efficiency, velocity, capture vs. creation; add segment filters (tier, industry, source).
  • Days 16–22: Baseline metrics; set weekly/quarterly targets (pipeline, meetings, SQOs, CAC payback); define alert thresholds (bounce, spam, CPL outliers).
  • Days 23–27: QA data, fix gaps; document formulas & definitions; enable SLA alerts for MQA→meeting follow-up.
  • Days 28–30: Kick off weekly revenue standup; publish KPI scorecard; agree on quarterly review and optimization plan.

Frequently Asked Questions

What are the 3–5 north-star KPIs for demand gen?
Pipeline created from qualified demand, SQOs (or opportunities), win rate, CAC payback, and pipeline velocity. Everything else should explain or predict these.
How do I measure “dark funnel” or brand influence?
Use a hybrid: standardized UTMs + multi-touch models, self-reported attribution on high-intent forms, and lift tests (geo or time-boxed) to quantify impact.
What’s good pipeline coverage?
Many teams target 3–5× coverage vs. bookings goals, adjusted by win rate and cycle length. Use historical conversion to set your ratio by segment.
We have a long sales cycle—what should we watch weekly?
Leading indicators: MQAs, meeting/demo rate, MQA→meeting conversion, meeting→SQO conversion, and pricing/product page CVR. Trend these by channel and ICP tier.
How often should we revisit targets?
Review performance weekly to course-correct, and reset or confirm targets quarterly based on conversion, spend mix, and seasonal patterns.

Make Your Demand KPIs CFO-Ready

We’ll help you define stages, instrument attribution, and build dashboards that connect MQAs and meetings to pipeline, revenue, and payback—so investment decisions are obvious.

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