Thursday, 23 July 2020

Marketing Qualified Lead vs Sales Qualified Lead

Qualified leads are important to streamline the sales process, but the different technical terms can be quite confusing. 



Let us understand the exact difference between the titular terms -

Marketing Qualified Lead (MQL)
MQL is a lead who is more likely to convert into a customer, compared to other leads. They fit your ideal buyer demographic or job title, and have shown interest in your product or service by placing enquiries, viewing your pricing information, etc. However, there is no guarantee that they will make a purchase. They have to be nurtured more, before they are ready to buy.

Sales Qualified Lead
A sales qualified lead (SQL) is a lead who is actively considering making a purchase and is willing to get in touch with your sales team. An SQL will be typcially researched and vetted by your marketing team, and handed over to the sales team upon being deeemed qualified. Essentially, SQL is an MQL who showed readiness to talk to your sales team.

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