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Sales Planning Fundamentals Part Four: Territory Planning

Xactly

In today’s post, I’ll talk about territory planning. Territory planning represents the foundation of sales performance management (SPM). You must have the right territory design in place to accurately allocate quotas. Accurate quota allocation impacts your team’s ability to achieve their anticipated incentive compensation.

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Are You Developing Managers Or Leaders?

The Pipeline

The previously successful contributor flounders in the new role, and you have an underperforming territory where you had a star you moved. The challenge with the former, is that real A+ Primo players can generally achieve the financial results they want, especially if, as mentioned, you have an effective incentive plan in place.

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What is the Best Commission Strategy to Motivate Sales Reps?

Xactly

Rather, they exert the minimum possible energy to get paid. There are many variables to consider, such as the customers in your market, the scope of the territories you’re accessing, your product offerings and sales cycles, the specific demands of your industry, and the skill and experience of the sales reps, among others.

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Replacing The Sales Funnel With The Sales Flywheel

Partners in Excellence

” From a physics point of view it’s a little difficult to understand, basically the flywheel acts on energy applied through a shaft. 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.

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Using Automation to Address Sales Burnout

The Spiff Blog

Nearly 3 in 5 employees report negative impacts of work-related stress, including lack of interest, motivation, or energy (26%) and lack of effort at work (19%). These include exercise incentives, free mindfulness tools, and practical advice about relieving workplace stress. And now, with an estimated 36.2

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Here’s to 2021: Accurate, Agile Sales Forecasting

InsightSquared

CRM platforms were built to give companies ownership of territory data and to manage change in those territories. There remains little or no incentive for reps to update opportunities in your CRM, so it should be no surprise that reps routinely do the bare minimum on this front. . Here’s a CRM reality check: . This point is key.

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The Ultimate Guide to Sales Operations in 2019

Hubspot Sales

As you'll read below, sales operations includes everything from lead management, sales strategy, and territory structuring and alignment to process optimization, compensation plans, sales automation, training, and data analytics and reporting. Sales Operations manages sales representative compensation plans and incentives.