article thumbnail

Time to competency: the new essential metric in sales onboarding

BrainShark

Using a more holistic or arbitrary metric such as time to competency naturally compensates for variables across organizations such as territory, products, and customer base (enterprise vs. mid-market,etc.). Certifications Offering a formal certification program is a differentiator that helps attract and retain top sales talent.

Hiring 62
article thumbnail

How to Create an Effective Sales and Marketing Plan

Highspot

Sales Territories and Distribution Channels Definition of sales territories and distribution channels. Churn Rate: Percentage of customers lost over a given period. Net Promoter Score (NPS): Indicator of customer loyalty and likelihood to recommend. Sales Forecast Prediction of sales performance over a specific period.

Insiders

Sign Up for our Newsletter

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

article thumbnail

How to Create an Effective Sales and Marketing Plan

Highspot

Sales Territories and Distribution Channels Definition of sales territories and distribution channels. Churn Rate: Percentage of customers lost over a given period. Net Promoter Score (NPS): Indicator of customer loyalty and likelihood to recommend. Sales Forecast Prediction of sales performance over a specific period.

article thumbnail

Sales Compensation: The Ultimate Guide

Hubspot Sales

If you want them to stop selling to poor fit customers, institute a clawback so they lose their commission if the customer churns or returns the product within a set window of time. You will probably see greater loyalty from your employees. The "right" and "wrong" behaviors depend on your high-level company goals. Quotas and OTE.

article thumbnail

The Tenure Crisis……

Partners in Excellence

And if the seller didn’t have a predecessor, they are developing their territory from scratch. Case 2, leadership churn: Now let’s move to the leadership side of this problem. Case 3, putting a band aid on leadership churn. Our sellers are churning in 11-17 months. Our leaders are churning in 11-17 months.

Churn 111
article thumbnail

If Your Sales Organization Is Underperforming, Would You Know?

Partners in Excellence

They were growing wildly, exceeding their numbers, but they had a customer loyalty or retention problem. Several years ago, I worked with a CEO who was appropriately concerned about his sales team’s performance. They had, like many organizations, an 80-20 distribution of their revenues.

Hiring 92
article thumbnail

How to Find the Best CRM for Business Success

SugarCRM

By analyzing customer interactions, it’s possible to build brand loyalty and uncover unmet consumer needs, making it easier to make sales. HD-CX can help with the following aspects of sales and marketing: Territory development. Lead analysis. Personalized lead routing by representative. Prospect recommendations.

CRM 29