Whether you are a small business owner looking for a tool to manage the data on your sales leads, or a sales person needing a simple CRM software, you have come to the right place. I am glad to present a simple Sales Pipeline Management tool to track and manage your sales leads.
In this video, we cover the following topics.
What is a Sales Pipeline?
Why do we need Sales Pipeline Management?
Benefits of Excel as a Sales pipeline management software
Features of the Free Sales Pipeline Tracker Excel template
How to use the template?
How to extend or customize it to your needs?
Features of Sales Pipeline Excel Template
Track all your sales deals in an organized way in one sheet
View active sales pipeline broken down by stages
Calculates Expected Deal values (based on Win %)
Calculates average time (days) taken to win deals
Identifies stages where deals are lost
Easy tool to filter deals by stage and status
Overview of Steps
1. Review 4 sales stages. Rename if necessary.
2. Entering a new deal
Enter basic deals data in the Deals table. (Company Name, Contact Name, Deal Value, Created Date)
Enter current stage in which the deal is.
Enter win % as the chance of winning the deal.
3. Updating a deal as you make progress
Update Stage if the deal has moved forward to the next stage.
Update Win % if it has changed over time.
Enter Next Activity Date and Notes
4.Closing a deal
Enter Status (Won or Lost) if the deal is closed and you have either won or lost the deal.
Enter Close Date
5.Monitoring performance regularly to gain insights
View active pipeline to know if you are on target to meet your goal
View deal conversion rate and average time to win a deal
Identify stages where deals are lost and work on improving
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Thank you very much for being so generous with your work. I am beginning to transfer my won accounts, as well as my new leads. I am a sales rep working with retailers. My won accounts have made multiple re-orders with me. How should I best utilize the sheets functionality - should I include the re-orders of my accounts? Maybe adding a column for total deal value? Or is there a better way to include this data? Standing by. And Thanks Again!
What if I wanted to add subgroups to a stage? Such as Trial Account Orientation Trial Account Check-In Trial Account Close - Could I add those in as subgroups to one of the deal stages so that they would still show up in the top list under "Trial Account?"
The template tracks only stages.Technically sub-stages can be also treated as stages, but there is a limit to the number of stages in the template.
Please let us know if there are any questions.
You are welcome.
To add a stage, add a new one next to the four stage names. Then update the named range L_ST.
In the section (Where are deals lost?), we have to add a new row and use the new stage and follow the formula used for the other stages.
To add a new status, edit the Data validation list and add a new status value.
Then as we have used the formulas in (cells G1, H1, I1 and J1), we have to create two for the new status.
Please let me know if there are any questions.
This template is very good. I can't wait to try it out. Question ... If I'm using the template as suggested but want to attach the original quotation to the lead, how do I link to the quotation? Simple question but I'm a novice.
Please edit the cells in C3 to F3. It will then automatically update the drop down for STAGE. Then, when you enter the data in the table below, the slicer will update automatically.
Thanks so much for the template and instructional video, I'll be using this template for business. I have a question though, how do I deal with the CRM template in terms of a given customer making an additional purchase ? Let's say I closed a $500 with Jon Doe on January 2nd, and on March 3rd I closed another $470 deal with him again.
Brilliant! That is exactly what I was looking for. Thanks Indzara. Your pipeline worksheet and video ware so well done. If I could make one suggestion; further to what Anthony Bainbridge was saying below. I make a lot of notes detailing my correspondence with prospects. They are absolutely vital for keeping track of any deal's status. If you could allow us to move to a separate sheet for each prospect, detailing there info, but more importantly, a history of our conversations and the corresponding dates. For me, that would complete this pipeline. Thanks!
Hi Indzara, I am sorry but I am having trouble downloading the PIPELINE SALES TRACKER. I know it is my limited understanding about downloading and extensions and such...will you email me a copy at [email protected]? It looks great and I am anxious to start using it!
i think it would be beneficial if the formulas were not editable. an entrant can make an error which would prove impossible to track unless if u reviewed all the formulas.
otherwise its a good pipeline, better than most
Thanks for the Video! Excuse me for chiming in, I am interested in your opinion. Have you researched - Weydaniel Organized Dominator (search on google)? It is a great one of a kind product for getting 7000 plus project management and business templates minus the headache. Ive heard some extraordinary things about it and my old buddy Taylor got cool results with it.
Hi Indzara, Ive just had a real look at this excellent Sheet now, and I will definitely be using it, how easy would it be to link the contacts over to another sheet that works as a simple CRM (CRM search will up your youtube views considerably too). maybe clicking on the contact in the first sheet could open up the entry on the next sheet in the form fill view look rather than the linear method...... that would keep the funnel sheet looking clean and effective but still allowing us to see all the relevant contact (CRM) details at one click. What do you think? This would be loved by all SME sales people who are sick of using Dynamics or salesforce which are expensive and time consuming......
Thanks for the feedback. Yes, having a separate contacts sheet and storing their information is definitely possible. Having a form type of data entry, would require writing macros, but am sure it is possible.
I hope to receive more feedback from users over the next couple of weeks. I will then review all feedback to add most in-demand features. Please continue to provide feedback. Thank you so much. Best wishes.
Brokerage fee amount by transaction value 1.
Trade online and settle your trade to a CDIA or CommSec Margin Loan 2.
Trade online and settle into a bank account of your choice.
Share Trades over the Phone 3.
CommSec Share Packs online 4.
CommSec Share Packs over the phone 4.
Trades requiring settlement through a third party 6.
1 For GST rounding reasons, the final brokerage fee may vary from the stated or expected brokerage fee by a couple of cents.
4 Normal brokerage will apply when a stock acquired through CommSec Share Packs is subsequently sold.
5 Amount per share will be noted as brokerage on each confirmation issued. There will be no substitution should a stock have a trading halt placed on it.
6 Includes third party Margin Lending, and where the Commonwealth Bank exercises its rights under the loan Terms and Conditions.
Other fees may apply. Please see the CommSec Financial Services Guide.
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Frequently asked questions.
Shares held with another broker.
For the transfer to be successful the name and address registered on your issuer holdings must match your CommSec account.
Your request will be completed within 72 hours.
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Your request will be completed within approximately 48 to 72 hours of receipt.
When you have bought and sold shares on the same day and the next trading day, your payment may be partially or wholly offset. For more information refer to the New Client Guide.