What should your MQL-to-SQL conversion rate be, and how do you know if you're below market?
Brief
Median is 25–35%. Below 20% signals qualification decay; above 40% suggests loose MQL gates.
Detail
Conversion rate isn't just a number—it's a signal about your entire funnel hygiene. Bridge Group and OpenView track this obsessively across 200+ companies:
- Best-in-cohort (top quartile): 35–45% MQL→SQL
- Market median: 25–35%
- Below-market warning: <20%
- Suspiciously high: >50% (likely MQL gate too loose)
Your rate depends on:
- MQL definition tightness — behavior triggers, fit scoring, spam filtration
- Sales follow-up speed — response within 4 hours vs. 24+ hours
- Inbound source mix — content hits (higher conversion) vs. paid webinars (lower)
- Territory assignment — unassigned leads drop to 5–8% conversion
Diagnostic Table
| Symptom | MQL Rate | SQL Rate | Root Cause |
|---|---|---|---|
| Too many low-intent MQLs | 8 per 1K visits | 15% | Loose form rules, no behavior scoring |
| Sales not calling MQLs | 2 per 1K visits | 8% | SLA breach, routing delay |
| High-fit leads ignored | 3 per 1K visits | 22% | No routing by territory |
| Right volume, right quality | 4 per 1K visits | 32% | Optimized gate, fast routing |
Benchmark yourself quarterly against your cohort (SaaS, SMB, Enterprise) because median drifts with market maturity.
TAGS: conversion-rate,MQL-to-SQL,OpenView,Bridge-Group,funnel-metrics,benchmarking