MQL to SQL Conversion Calculator

Calculate marketing qualified lead to sales qualified lead conversion rates, and work backwards from a revenue target to the lead volume required.

🎯 Marketing📐 SQL rate = SQLs accepted / MQLs delivered💼 Business
MQLs delivered
SQLs accepted by sales
Opportunities created
Closed won deals
Average deal value
Revenue target (to work backwards)
Please enter valid values.

Formula & Reference

VariableSymbolFormulaUnits
MQL to SQL Conversion CalculatorSQL rate = SQLs accepted / MQLs deliveredpercent

Step-by-Step Examples

Example 1
Full Funnel

850 MQLs, 221 SQLs, 132 opportunities, 33 won, deal value 18,000, target 1.2M.

  • MQL to SQL = 221 / 850 = 26.0%
  • SQL to opportunity = 59.7%
  • Opportunity to won = 25.0%
  • MQL to customer = 33 / 850 = 3.88%
  • Revenue = 594,000, revenue per MQL = 698.82
  • For 1.2M: 67 deals needing about 1,725 MQLs
✓ 26.0% MQL to SQL, 3.88% to customer
Example 2
Loose MQL Definition

1,500 MQLs, 180 SQLs.

  • MQL to SQL = 12.0%
  • Well below 20% — sales is rejecting most of what marketing passes
  • Usually a definition or scoring problem, not a sales problem
✓ 12.0% — MQL bar too loose
Example 3
Tight Definition

400 MQLs, 290 SQLs.

  • MQL to SQL = 72.5%
  • Very high acceptance suggests marketing is over-qualifying
  • Volume may be being left on the table
✓ 72.5% — possibly over-qualifying

Real-World Applications

Common Mistakes to Avoid

⚠️
Blaming sales for a low acceptance rate

A rate under 20% almost always means the MQL definition is too permissive, not that sales is failing to follow up.

⚠️
Optimising for MQL volume

Generating more loosely qualified leads inflates a vanity metric while lowering acceptance and wasting sales time.

⚠️
Ignoring the time lag

Leads generated this month convert over subsequent months. Comparing same-period MQLs against same-period SQLs understates the rate in a growing funnel.

Frequently Asked Questions

What is the difference between an MQL and an SQL?
An MQL meets marketing's qualification criteria based on behaviour and fit. An SQL has been reviewed and accepted by sales as worth pursuing.
What is a good MQL to SQL conversion rate?
Commonly 20 to 40%, though it depends heavily on how each is defined. Consistency of definition matters more than the benchmark.
What does a very low rate indicate?
Usually that the MQL threshold is too low, letting through leads that do not fit. It can also indicate a definition disagreement between teams.
How do I work backwards from a revenue target?
Divide target revenue by average deal value to get deals needed, then divide by the MQL-to-customer rate to get required lead volume.
Should MQL definitions change over time?
Yes. As the product, market, and ideal customer profile evolve, scoring models need recalibration against actual conversion data.

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