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How to Use Sales Pipeline Templates to Boost Your Pipeline

Having a sales pipeline is crucial for expanding your business and increasing your customer base. That’s where pre-designed sales pipeline templates come in handy, providing a ready-to-use solution to help you get started.

If you’re struggling with committed deals falling through or not meeting revenue targets, you can utilize a sales pipeline template to overcome these obstacles and surpass your sales objectives.These sales pipeline templates enable you to monitor every opportunity in your sales pipeline from the initial discovery stage all the way through to closing the deal, providing complete visibility over each step of the process. And the best part? Plenty of free sales pipeline excel template options are available that are compatible with Excel and Google Sheets.

What is a Sales Pipeline?

According to TechTarget: “A sales pipeline is a visual representation of sales prospects and where they are in the purchasing process. Pipelines also provide an overview of a sales rep’s account forecast, how close the rep is to making quota, and how close a sales team as a whole is to reaching quota. This enables sales reps and managers to forecast the number and dollar amounts of deals that will close in a time period.”

Why Use an Excel Sales Pipeline Template?

One of the most widely used spreadsheet software is Microsoft Excel, which suggests that you already have it installed on your computer and possess the expertise to operate it efficiently.

Furthermore, with Office 365, you can team up with colleagues and maintain all current information.

Why Use a Google Sheets Template?

Google Sheets is another spreadsheet program that nearly everyone has utilized, and it has numerous benefits for constructing your sales pipeline.

One of the most significant advantages of using Google Sheets instead of a CRM is that everything is saved online. This enables you to collaborate in real time with your colleagues and ensures that all data remains up-to-date.

The Benefits of Using a Sales Pipeline Template Compatible with Excel and Google Sheets

If you’re searching for a no-cost solution to monitor your sales, consider utilizing a sales pipeline spreadsheet template that can be employed in Excel, Google Sheets, or other comparable applications.

This will allow you to arrange your sales prospects and adhere to a straightforward plan as you establish your primary sales method and transform your groundbreaking concept into a practical actuality.

The Benefits of Using a Sales Pipeline Template

Track Sales Performance

Achieve comprehensive visibility into your sales pipeline. Establish sales metrics and objectives for each sales representative, and modify the template to evaluate their performance against targets.

Identify Potential Lost Deals

Every business experiences lost deals when opportunities in the commitment stage fail to close within the expected timeframes. Determine which options are at risk of being lost to help recover them.

Make Accurate Forecasts

Compute and view your consolidated forecast by reviewing opportunities in the deal stage and their estimated value. Utilize it to forecast revenue and enhance financial planning.

Have you found a sales pipeline template that works for you? Or do you have any further questions? Please leave us a comment!