The MQL measures effort, not outcome
An MQL records that marketing did something and someone responded. It says nothing about whether the account can buy, wants to buy, or ever will — which is why sales teams learned to discount the number.
The MQL survived because it was easy to count, not because it predicted revenue. As budget scrutiny has tightened, marketing teams still reporting lead volume are finding the number no longer buys them any credibility.
Why sourced pipeline is the only metric revenue teams trust — and how to report it.
An MQL records that marketing did something and someone responded. It says nothing about whether the account can buy, wants to buy, or ever will — which is why sales teams learned to discount the number.
Sourced pipeline, cost per opportunity, and pipeline-to-close conversion. Together they answer what marketing produced, what it cost, and whether it was real — which is the entire question being asked.
Most teams can report this on the systems they already run. The work is stamping campaign and source on every record at creation and agreeing one attribution rule that both marketing and sales accept.
Reporting in pipeline moves marketing from a cost centre defending activity to a function forecasting contribution. It also removes the incentive to buy cheap leads to hit a number nobody trusts.
The programs behind the numbers in this piece.
We will show you how we track delivered leads through to opportunity and closed-won, and what it takes to instrument.
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