Remove Incentives Remove Prospecting Remove Territories Remove Travel
article thumbnail

Old-School Territory Management is Dead: A Q&A with John Stewart, CEO of @MapAnything

SBI

Old-School Territory Management is Dead: A Q&A with John Stewart, CEO of MapAnything. Following the recent acquisition of TerrAlign by MapAnything, I asked MapAnything CEO John Stewart to explain the relationship between map-based geo-productivity and territory optimization. So, I asked John to tell me more.

article thumbnail

How to Optimize Sale Territories for a Strategic Advantage

Xactly

Effective territory design is the basis of strategic sales planning. Balanced territories allow you to set fair quotas, which have a huge impact on your incentive compensation and success of your salesforce. Ultimately, if your sales territories aren’t optimized, you hinder sales reps’ motivation and performance.

Insiders

Sign Up for our Newsletter

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

article thumbnail

What’s Your Time Worth

The Pipeline

If you are a full-cycle rep, with a demanding client base in a defined territory, 23% is not bad. Consider travel, time understanding the clients and market, generating leads, and more. They not only give away their time; they pay the prospect for the privilege of doing so. Buyers know that sellers will trade time for cash.

Wireless 264
article thumbnail

The Sales Manager New Year’s Resolution: 3 Do’s & 3 Don'ts

SBI Growth

Travel is another area where managers waste valuable hours. You’re not going to be able to stop traveling. A-players – Incent them more and put them in your best territories. PRIORITIZE THE PROSPECT UNIVERSE. Start the year by prioritizing the prospect universe. SOCIAL PROSPECTING.

article thumbnail

Creating the Ideal Performance Culture

SBI Growth

Those reps were covering an extensive territory and large customer base. This reduced the time spent traveling by more expensive sellers. Incentive Programs. Does your comp plan incent behaviors that will get you to your number? A majority of reps focused on margin, and gave up prospecting for new accounts.

Hiring 293
article thumbnail

How to Create a Sales Plan: The Ultimate Guide

Hubspot Sales

If you have territories, assign a sub-goal to each. Identify 100 potential prospects and assign tiger team to each. Travel costs. Do you have a budget for sales contests and incentives? Of course, you’ll probably have more than one goal. Identify the most important, then rank the rest by priority. Strategies and tactics.

article thumbnail

How to Motivate a Sales Team to Improve Each Rep’s Performance (3 “Types” and 12 Tips)

Sales Hacker

Her close rate and average revenue per sale are high, but she doesn’t prospect enough. She admitted she didn’t enjoy prospecting and had a hard time sitting down to do it. To solve this problem, we removed prospecting from her role and gave it to someone who loves it. technology, travel, marketing, enablement, award money, etc.)