Remove 2018 Remove Incentives Remove Strategy Remove Territories
article thumbnail

How to Optimize Sale Territories for a Strategic Advantage

Xactly

Effective territory design is the basis of strategic sales planning. Balanced territories allow you to set fair quotas, which have a huge impact on your incentive compensation and success of your salesforce. Ultimately, if your sales territories aren’t optimized, you hinder sales reps’ motivation and performance.

article thumbnail

X-Factor Compensation Leaders: How to Be Incredible at Incentive Planning (CoreSite)

Xactly

From territory planning to sales team organization, to sales coaching and leadership strategies to sales compensation planning, each element helps to create a strong sales plan. Sales operations and compensation professionals must create an incentive plan that will drive growth for the company and attain executive objectives.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Five Essential Strategies for Setting Aggressive but Attainable Sales Targets

Miller Heiman Group

According to CSO Insights’ 2018-2019 Sales Performance Study , only 54 percent of salespeople are making or exceeding quota. Let’s explore five essential strategies for setting aggressive but attainable sales targets. knowing that a new regulation is going to impact a particular seller’s territory).

article thumbnail

10 Ways Data and Automation are Evolving Sales Planning

Xactly

Although using automated performance management technology provides a great opportunity for companies to strengthen their sales strategy, there’s a catch. Using sales performance and third-party data, organizations can strategically design territories, set obtainable quotas, and build compensation plans that drive the right sales behaviors.

Data 45
article thumbnail

The Sales Leader's Guide to Performance Management

Hubspot Sales

In 2018, the average sales professional tenure was reported to be 1.5 Let’s talk about why your organization needs to implement a sales performance management strategy. Having clear, visible goals and incentives builds well-rounded sales professionals. Employee retention in the sales field continues to be an issue.

SAP 119
article thumbnail

10 Best Practices for Enterprise Sales Team Management

Xactly

This is especially important knowing that more than half of reps (57%) are expected to MISS their quotas this year, according to the 2018 Salesforce State of Sales Report. Instead, they have to shift their focus to their sales reps–providing effective sales management strategies to promote higher returns on their sales efforts.

article thumbnail

Replacing The Sales Funnel With The Sales Flywheel

Partners in Excellence

It appeared in HBR in November, 2018, I keep coming back to it–something about it is disturbing to me. We have to attract and engage prospects/customers, we have to help them buy, we have to support them and assure they create value, we have to grow our share of customer and territory.