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Territory Managers: A Look at Their Role, Skills, and Compensation

Hubspot Sales

They have to have a presence in various regions, and the managers tasked with making sure the sales efforts in those locations are carried out effectively are known as territory managers. The extent of a territory sales manager's influence leans heavily on the nature of their business, size of their teams, and structure of their sales orgs.

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Will These 6 Tests Save 2013’s Sales Compensation Plan?

SBI Growth

This post will help you test a redesigned sales compensation plan to ensure cultural fit. Let’s suppose HR is fully engaged for redesign of a 2013 Sales Compensation plan. HR even brought in an expert compensation firm. But wait – this new incentive compensation plan could flop. That would make 2013 worse than this year!

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10-Point Inspection for Top Sales Performance

SBI Growth

Are the compensation mechanisms driving the right behaviors?" To make your assessment easy, SBI has created a 10-point Compensation Inspection tool. Read on to understand the mechanics of effective sales compensation. How Important is Compensation? Too many companies treat sales compensation as a once-a-year review.

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Reputation Management And Social Media

Partners in Excellence

Social media present powerful tools and capabilities. In that rush to build visibility and market ourselves and our companies, we start getting into dangerous territory. Related Posts: The Weaponization Of Social Media What’s All This About Social Selling? We can extend our reach and visibility.

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Why Your Sales Ops Plan for Next Year May Already Be Obsolete

SBI Growth

Setting Quotas, territory structures, headcounts and total compensation budgets are examples. Increased use of blogs, video, webcasts and social media are aimed at the new buyer. Your compensation plan must align to your strategy. Are your territories designed to maximize time with customers and prospects?

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A Forthcoming Shift of Pharmaceutical Sales Compensation Plans?

OpenSymmetry

Tactics may have changed, but for the most part these sales teams still run on a commission or quota based metric determined by well-planned territories. In some cases, incentive compensation (IC) methods have evolved to align with new regulations regarding specific sales metrics.

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A Forthcoming Shift of Pharmaceutical Sales Compensation Plans?

OpenSymmetry

Tactics may have changed, but for the most part these sales teams still run on a commission or quota based metric determined by well-planned territories. In some cases, incentive compensation (IC) methods have evolved to align with new regulations regarding specific sales metrics.