Booking rate measures how effectively you convert activated leads into scheduled sales conversations. It is calculated by dividing booked meetings by marketing qualified leads, then multiplying by 100.
A booking rate of 40% means that for every 100 marketing qualified leads, 40 book a meeting with sales.
This metric sits at the handoff point between marketing and sales. Marketing has done its job by generating qualified leads. Now those leads need to take the next step and schedule a conversation.
Booking rate depends on your follow-up speed, your outreach quality, and how easy you make it to schedule. A lead who requests a demo but waits three days for a response will often book with a competitor instead. A confusing booking process with too many steps loses leads.
Track booking rate by lead source. Some channels produce leads who are ready to talk. Others produce leads who need more nurturing before they book.