Asked by Romilee Benavides on May 12, 2024

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A company that uses lead scoring numerically rates its best prospective customers to identify traits that make the customer more likely to purchase.

Lead Scoring

Analytics-based sales approach in which a company numerically rates its best prospective customers.

Numerically Rates

A method of evaluating or scoring something based on a numerical scale.

Prospective Customers

Individuals or entities that are considered potential buyers for products or services, but have not yet made a purchase.

  • Acquire knowledge on the strategies for searching and pinpointing prospective customers who meet qualification criteria.
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Jenny PadillaMay 19, 2024
Final Answer :
True
Explanation :
Lead scoring is a methodology used by sales and marketing departments to rank prospects against a scale that represents the perceived value each lead represents to the organization. The higher the score, the more likely they are to convert into customers, based on their traits and behaviors indicating purchase readiness.