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The Revenue Formula

The Fundamental Equation of Predictable Growth

From Revenue Architecture by Jacco van der Kooij

The Revenue Formula is the foundation of predictable, scalable growth. It breaks down revenue into its core components, showing exactly where to focus optimization efforts. Master this formula and you can forecast, model, and scale with precision.

The Core Formula

Revenue = Leads × Conversion Rate × ACV
The three levers that determine your revenue
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Leads

Number of qualified opportunities entering your pipeline

Where: Marketing
How: Content, ads, SEO, events
Metric: MQLs, SQLs
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Conversion Rate

Percentage of leads that become paying customers

Where: Sales
How: Process, qualification, closing
Metric: Win rate
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ACV

Average Contract Value per customer

Where: Pricing, packaging
How: Value prop, upsells
Metric: Deal size

Example in Action

SaaS Company Example:

Leads per Month
500
Conversion Rate
20%
Average ACV
$12,000
Monthly Revenue =
500 × 0.20 × $12,000 = $1,200,000
= $14.4M ARR

Impact of 10% Improvement:

+10% More Leads
550 leads
= $1.32M/mo (+$120K)
+10% Conversion
22% rate
= $1.32M/mo (+$120K)
+10% ACV
$13,200
= $1.32M/mo (+$120K)

The Power of Compounding

Here's where it gets interesting: improvements compound multiplicatively, not additively.

Scenario: 10% improvement in each lever

Baseline: 500 × 0.20 × $12K = $1.2M
Optimized: 550 × 0.22 × $13.2K = $1.60M
= 33% revenue increase!

Why this matters:

  • • 10% + 10% + 10% ≠ 30%
  • • 1.1 × 1.1 × 1.1 = 1.33 (33% increase)
  • • Small improvements compound dramatically
  • • Focus on all three levers simultaneously

How to Optimize Each Lever

1 Increase Lead Volume

Marketing Tactics:

  • • Scale paid advertising (if CAC allows)
  • • Invest in content and SEO
  • • Run more events/webinars
  • • Build partnerships

Quality Focus:

  • • Don't sacrifice quality for quantity
  • • Improve lead scoring
  • • Target ideal customer profile (ICP)
  • • Monitor MQL → SQL conversion

2 Improve Conversion Rate

Sales Process:

  • • Better qualification (use SPICED)
  • • Improve sales training
  • • Optimize demo/pitch
  • • Reduce friction in buying process

Enablement:

  • • Create better collateral
  • • Build case studies/social proof
  • • Implement sales playbooks
  • • Track and coach win rate

3 Increase Average Contract Value

Pricing Strategy:

  • • Review and optimize pricing
  • • Create premium tiers
  • • Annual vs monthly contracts
  • • Value-based pricing

Sales Tactics:

  • • Upsell during initial sale
  • • Bundle products/features
  • • Target larger accounts
  • • Multi-year agreements