I've been looking into any emperical evidience I can find around what is considered a strong win-rate.
There's no clear academic studies and lots of practioner data.
I was able to synthesize this from a few sources,
but it's very "take with a grain of salt".
Essentially
>15% is a Red Flag
18-25% is a Yellow Flag
30-35% is a Green Flag
The reason I've been interested is there IS good data to suggest,
that a low win-rate indicates poor market/buyer understanding.
(Low pipeline means poor execution)
Now - poor market/buyer understanding can mean a few things (pricing, packaging, positioning, segmentation). But a low-win rate suggests the market doesn't see the differentiated value compared to other options.
Yet, teams often default to thinking more leads is the answer to winning few deals.
I'm curious what other people's experience has been.
Do you think the benchmarks I wrote are valid or off?