article thumbnail

Give Your Sales Territory Mapping the Direction It Needs

Gong.io

The value of sales territories isn’t lost on most sales leaders (and if it is, we’ll clarify that shortly). The problem is making your sales territory planning fair without swallowing up your time. . What is sales territory mapping, and why is it important? What is sales territory mapping, and why is it important?

article thumbnail

11 essential sales pipeline metrics you should be tracking

Salesmate

Maybe they’re targeting potential customers in the wrong industry or trying to sell in a territory that is a captive market for another brand. This refers only to deal-specific costs, such as hourly staff costs, travel, documentation, or client entertainment. Customer Churn. This figure tells you the profitability of a deal.

Pipeline 121
Insiders

Sign Up for our Newsletter

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

article thumbnail

Stop Doing Stupid Sh*t: 18 Outdated Sales Tactics to Abandon in 2018

Hubspot Sales

Junior reps started in inside sales, and as you moved up through the ranks you were given your own outside territory and sent out on face-to-face sales calls. However, slamming deals through can potentially damage your reputation and create a churn risk. Introductions were mostly done over the phone. Moving too quickly.

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. As your organization rolls out more products or expands to new markets and territories, commission gets more complicated— and so does your expensing.

article thumbnail

How to Build Effective Sales Compensation Plans for Any Customer Facing Role

Sales Hacker

A recoverable draw makes more sense if your sales rep is taking over an established territory where brand name helps close 80% of the business. Clawbacks can also be used against deals that churn within three months of purchase when the commission was already paid. Travel and Lodging. Bookings vs. Cash collections.

article thumbnail

7 Key Considerations For Setting Aggressive Yet Achievable Sales Targets

Costello

New territories or geographies. New Territories. Regardless of the segmentation, when teams grow, geographies and territories inevitably change, which means that many sales professionals have to start prospecting from scratch and, in many cases, have a smaller pool of prospective customers in which they can call.

article thumbnail

38 Most Dynamic Women in Sales (The 2019 Edition)

Sales Hacker

It was the best combination of learning incredible sales skills, learning how to lead teams, and being able to travel the world. . Territory Account Manager at Alcatel-Lucent Enterprise. There was some churn of a couple of big clients, and our sales team was stalled out. What’s one thing on your career bucket list? .

Hiring 90