FAQ & key takeaways
How to read this metric
What it measures
Lead Velocity Rate (LVR) measures the month-over-month growth in qualified leads. It is a leading indicator of future revenue growth.
Why it matters
While MRR and Churn tell you what happened in the past, LVR tells you what is likely to happen in the future. Because it takes time for leads to convert into customers, growth in leads today predicts growth in revenue tomorrow. It is one of the best metrics for tracking the real-time performance of your marketing team.
How to increase LVR
- Content Marketing: Create high-value content that attracts and converts your target audience.
- Paid Acquisition: Scale proven ad channels to increase the volume of qualified leads.
- Improve Lead Magnets: Offer better incentives (webinars, e-books, free trials) to increase conversion rates.
- Better Lead Qualification: Ensure your marketing efforts are focused on the “right” leads who are most likely to convert and grow.