Remove Article Remove Incentives Remove Territories Remove Travel
article thumbnail

The Territory Optimization Revolution

OpenSymmetry

A critical element that is relatively new is territory optimization and we will examine the case for this in this article. The territory optimization and alignment element of salesforce effectiveness is vital for three reasons. Poor or excessive customer coverage if territories are too small, leading to missed revenue.

article thumbnail

7 Top Sales Tips for Medical Device Sales Teams

Bigtincan

Good reps map out their territory, understand each customer’s needs, and coordinate product logistics with local inventory managers and hospital personnel. . Sales territories and incentives restructuring. .” – Bear Bryant, Legendary head coach, University of Alabama. . The key to success? Planning. . Never Stop Learning.

Hiring 105
Insiders

Sign Up for our Newsletter

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

article thumbnail

9 Strategies to Accelerate Your Sales Revenue

InsideSales.com

In this article; Review the Company Sales Strategy. Sales Territories. An incentive system, such as on-target bonus earnings on sales revenue, is a worthwhile strategy to motivate the whole team. Sales Territories. Merging or dividing up sales territories can increase sales. Evaluate the Sales Team. Sales Bonus.

Revenue 58
article thumbnail

How to Train a Sales Team on Products: Use Modern Software, Not Old-Fashioned Training Techniques

Bigtincan

In this article, we’ll discuss: Why traditional training techniques fail. Some organizations incentivize training and e-learning by creating money or prize incentives. So if your enterprise has a special product catalog for the southwest sales territory, the search would automatically surface documents that apply to that territory.

Fashion 105
article thumbnail

ASC 606 Compliance: Choosing a Commission Expensing Solution

The Spiff Blog

However, even though you’re referencing the same map as everyone else, your speed, efficiency, and ease of travel will vary greatly, depending on which vehicle you’ve chosen. Gone are the days when commission, bonuses, and incentive pay were accounted for as direct expenses. But it also wasn’t designed for long distance travel.

article thumbnail

Sales Tips: 3 Do's and Don'ts for the Sales Manager

Customer Centric Selling

Sales Training Article: The Sales Manager''s New Year''s Resolutions. TRAVEL Travel is another area where managers waste valuable hours. You''re not going to be able to stop traveling. Read more sales training articles from CustomerCentric Selling® - The Sales Training Company.' Place your efforts here.

article thumbnail

How to Motivate a Sales Team to Improve Each Rep’s Performance (3 “Types” and 12 Tips)

Sales Hacker

This sales rep talks about money, commissions, bonuses, comp plans, incentives, and their numbers start to drop when they feel like something may affect their compensation negatively. technology, travel, marketing, enablement, award money, etc.) In fact, they mentally correlate every ounce of effort to the potential dollars earned.