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A Basic Guide to Territory Optimization

Hubspot Sales

In this post blog, we'll help you understand how to optimize your sales territory strategy to achieve bigger and better things this year. What is a sales territory strategy? Here's an example of what one might look like : It breaks down a physical territory, opportunities and their counts, and assignments to different reps.

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How to Create Your Sales Forecast in 6 Steps

Gong.io

We call this process sales forecasting. Sales forecasting is critical for setting revenue and sales targets, planning resources and new hires, and managing company cash flow. You’ll learn why it’s critical to your team’s success, who is responsible for sales forecasting , and, of course, how to build a sales forecast yourself.

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90% of Sales Leaders Do Planning Wrong. Here Are 5 Tips to Fix It.

Sales Hacker

Start your sales planning efforts with account segmentation to fill your territories with fruitful opportunities and increase your sellers’ ability to hit quotas. Consider new territory rules that reflect changes in the market (and your business). Related: Your Territory Model Is Hurting Attainment. Territory profiles .

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Is it a Pipeline or Forecast Review?

CommercialTribe

First let’s get clear on the difference between the Pipeline Review and Forecast, yet I’ll spare you the academic diatribe of each event and try and extend value by sharing with you a practical set of characteristics that you can cut and paste with your team as agenda items in advance of your upcoming meetings this week / month.

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How to Know When to Give Up on a New Hire

Sales and Marketing Management

That gives you an objective method for avoiding bias in your evaluation. Target marketing dollars in their territory to generate more leads and give them a boost. Failure to improve, or implement coaching. Here are two suggestions: Provide additional training. What skills does the new hire still need the most work on?

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Resource management for sales: A guide for sales managers

Nutshell

For example, by assessing territory assignments for sales reps, a manager might find that some territories have too many reps assigned to them. Resource forecasting Resource forecasting is the practice of predicting future resource requirements, which allows you to accurately plan out your spending and resource use.

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5 Sales Quota Setting Methodologies Proven to Generate Revenue

The Spiff Blog

If quota setting is critical to forecasting, goal setting, and sales capacity planning , how is it that so many organizations still miss the mark? These data sets include performance data for each rep, market trends over time, territory and segment breakdowns, and any other relevant data that might impact a team’s performance.

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