OpenSymmetry

MARCH 16, 2016

The Territory & Quota Management Revolution – New Incentive Compensation Platforms Blazing the Trails to Greater Efficiencies. Gone are the simplistic days of sales reps simply “having a patch” to cover for selling their goods and services. Territory Definition and Modeling.

Territories 40

Territories Quota Incentives Incentive 40

Sales Hacker

DECEMBER 9, 2022

Here are my top 5 tips to be part of the 10% who do sales planning right. 5 tips to rethink your sales planning. Every organization needs to choose the markets and buyers they want to focus on, and concentrate their efforts on those buyers. Related: The New Growth Formula: Customer Success + Predictive Sales.

Lead Rank 97

Lead Rank Territories Lead Scoring Quota 97

Xactly

AUGUST 2, 2018

The sales territory is a geographical area that is managed by a sales rep or sales team. A territory can be defined by sales potential, history, geography, or a combination of the above. The objective is to make sure sales territories are balanced to help increase revenues. .

Territories 68

Territories Demographics Travel Distribution 68

SBI Growth

OCTOBER 24, 2013

A post for Sales and HR Leaders to find root causes of Sales Manager (SM) vacancies. The Sales Manager position is the fulcrum between sales leadership strategy and sales force execution. Teams without effective sales managers lack morale and discipline. Weak sales strategy.

Hiring 292

Hiring Positioning Sales Management Compensation 292

Zoominfo

DECEMBER 16, 2020

Sales professionals — yes, even managers — on frontlines of business development. Because, let’s face it, even in a perfect world, CRMs benefit company leadership more than the quota-carrying sales rep. . ZoomInfo Salesforce Sync for Territory Management. It’s not just reps who suffer, either.

SalesForce 219

SalesForce Territories Intent Signal Buyer Persona 219

Steven Rosen

JANUARY 5, 2018

I hope you have enjoyed our video series so far in terms of strategies to Crush your Sales Numbers. Strategy #4 is have your sales reps develop their own territory business plans. If your sales reps are not taking the time to build their business plans then where are they going to go, what are they going to do?

Strategy 224

Strategy Territories Quota Video 224

LeadFuze

JULY 14, 2023

How to be a good sales manager is an inquiry that many professionals in the field often ponder. The role of a sales manager extends beyond just overseeing a team; it’s about fostering growth, driving performance, and achieving targets. A sales manager position, that’s your answer.

SalesManager 52

SalesManager Sales Management Strategy How To 52

Xactly

JULY 18, 2018

In order to manage your sales performance, you need effective sales territory mapping. Sales territory design must be a thoughtful process that involves data and a balancing act to ensure every sales rep has adequate sales potential within their territory. Download Guide.

Territories 45

Territories Travel Hiring Guidelines 45

Xactly

JUNE 13, 2018

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.

Territories 49

Territories Travel Webinar Metrics How To 49

Miller Heiman Group

FEBRUARY 25, 2020

Though sales organizations hire more sellers than ever to grow their business and compensate for losing salespeople, studies show that they may not be following hiring best practices: 84% of sales leaders say they lack the sales talent they need to succeed in the future. How Sales Organizations Can Improve Hiring Decisions.

Hiring 97

Hiring Sales Management SAP Sales Talent 97

Xactly

JULY 12, 2018

Your sales territories are geographical areas managed by a sales rep or sales team. A territory can be defined by several factors, but most commonly, territories are mapped based on sales potential, sales history, geography, or a combination of factors. Download Guide.

Territories 45

Territories Software Software Benefit 45

Xactly

JULY 12, 2018

Your sales territories are geographical areas managed by a sales rep or sales team. A territory can be defined by several factors, but most commonly, territories are mapped based on sales potential, sales history, geography, or a combination of factors. Download Guide.

Territories 50

Territories Demographics Travel Distribution 50

SBI

FEBRUARY 10, 2020

The Scalable Sales Manager: The Key to Unlocking Your Sales Teams’ True Potential. The role of Sales Manager has always been one of the hardest jobs in sales. To say that sales managers have their work cut out for them would be a massive understatement. by Howard Brown, CEO of ringDNA.

Sales Management 136

Sales Management Scale Top of Funnel Hiring 136

Hubspot Sales

OCTOBER 11, 2017

Imagine your company without sales quotas. Sales leaders: Are you wondering how you would drive results and keep your salespeople accountable? According to an informal poll we took of sales reps, managers, and leaders, most sales professionals like quotas. So are quotas necessary for success?

Quota 83

Quota Hiring Compensation Motivation 83

SBI Growth

MAY 18, 2013

Here’s an example: Top Territory Todd: Todd has exceeded quota the past 5 years. His quota is approximately the same as everyone else. Yet he has 3x the average territory potential in his patch. His boss does not want to split his territory. Because of this, Todd isn’t extremely competent on relevant sales skills.

Territories 303

Territories Hiring Quota Sales Leadership 303

Pipeliner

MARCH 2, 2018

The job of a sales manager is to provide a succeeding environment for salespeople. Beyond that, it’s providing viable territories and targets, proper support levels, tools for training and enablement, demand generation leadership, and the removal of internal roadblocks. But he was not able to provide me with a viable territory.

Sales Management 94

Sales Management Hiring Demand Generation Agencies Territories 94

Miller Heiman Group

FEBRUARY 11, 2020

Sales organizations undergo constant change initiatives. Managers sit squarely at the intersection of these trends, yet for most organizations, sales management strategies have hardly changed. In fact, the changes that have occurred in the managerial ranks have intensified managers’ internal and administrative focus.

Trends 65

Trends Study Hiring Sales Management 65

Pointclear

MAY 14, 2018

For salespeople and sales managers, few understand the Prime Directive of Sales Management: Enhance Sales Momentum (Never Interrupt It). Sales momentum isn’t about sales skills. It’s measured as a product of its mass and velocity of your sales efforts. Quota Changes. Expect a downturn.

Territories 124

Territories Quota Sports Compensation 124

OpenSymmetry

JANUARY 27, 2016

A critical element that is relatively new is territory optimization and we will examine the case for this in this article. The territory optimization and alignment element of salesforce effectiveness is vital for three reasons. Finally, deployment of an automated solution generates improved sales performance.

Territories 40

Territories SalesForce Incentives Incentive 40

A Sales Guy

JULY 24, 2012

Ok, I’m coming back to the quota discussion. My last post about quota focused on the importance of quota aligning with business objectives and business strategy. RULE 1: Quota MUST BE perceived as attainable. When quotas are not perceived as achievable, sales people just give up and don’t even try.

Quota 113

Quota Analysis Government Distribution 113

Pointclear

NOVEMBER 27, 2017

“Our numbers are off substantially,” he said over lunch some time ago, “but our individual salespeople are making quota for the most part. Territory turnover for this new sales manager isn’t unusual, but the solution can be evasive, expensive and humbling. Experienced sales managers, however, know how to deal with it.

Forecasting 124

Forecasting Sales Forecasts Territories Sales Qualified Lead 124

Miller Heiman Group

MAY 14, 2019

Sales managers influence what salespeople sell, where they sell, who they sell to and even how they sell. These factors make the sales manager role one of the most influential and demanding jobs in any company engaged in complex B2B sales. How many direct reports do sales managers have in your company?

Coaching 73

Coaching Sales Management Hiring Territories 73

Tony Hughes

FEBRUARY 22, 2018

The Sales Manager’s job is to provide an environment within which their sales people can succeed. Then viable territories and targets, the right levels of support, training and enablement tools, demand generation leadership, and remove internal roadblocks. What more could you possibly ask for?

Sales Management 86

Sales Management Hiring Demand Generation Agencies Territories 86

Pipeliner

NOVEMBER 23, 2022

It is for this reason that we generally market our Pipeliner CRM solution to companies with existing data. Starting at the center of the Revenue Intelligence Loop, historical data is accumulated through sales management insights , KPIs and Archive functionality. Sales Management and Quotas.

Pipeline 97

Pipeline Revenue Forecasting Quota 97

SBI Growth

SEPTEMBER 5, 2012

As if the looming year end wasn’t pressure enough for a sales leader trying to meet sales quota, will the loss of top sales reps pile on? The HR Leader can take some concrete steps to stop the exit of sales reps and therefore the loss of revenue. Help the sales leader identify any reps that are at risk of leaving.

Sales Talent 288

Sales Talent Hiring Lead Rank Lead Scoring 288

Corporate Visions

JULY 2, 2020

To move up and to the right in this model, your enablement organization must become faster, more flexible, and more responsive, equipping the field to address more acute, must-win business challenges and market opportunities. The Second Wave: Territory Plans. The First Wave: Learning Paths.

Sales Enablement 105

Sales Enablement Webinar Metrics Territories Top of Funnel 105

Close.io

OCTOBER 1, 2018

So you want to become a sales manager ? First you’ll need to make sure you’ve got the right skills, experience, drive and track record at the helm in both selling and at managing others—in order to back yourself up. Want to get a ready-made set of resources to manage a sales team effectively?

Sales Management 115

Sales Management Hiring Lead Rank Forecasting 115

Xactly

JANUARY 3, 2019

Companies that set cookie-cutter quotas across similar roles see 14% lower quota attainment than those that assign quotas based on territory-specific opportunities ( Complete Sales Planning Handbook. ). 2018 Sales Comp Administration Survey ). Putting Sales Statistics to Work. The best way to do this?

Handbook 99

Handbook Territories Compensation Incentives 99

Zoominfo

DECEMBER 16, 2020

Sales professionals — yes, even managers — on frontlines of business development. Because, let’s face it, even in a perfect world, CRMs benefit company leadership more than the quota-carrying sales rep. Demand Gen marketers are certainly no stranger to list development.

SalesForce 100

SalesForce Territories Intent Signal Buyer Persona 100

Sales and Marketing Management

AUGUST 30, 2018

This is the equivalent of sales managers telling their salespeople that they “really need to make their quota.” Either way, the sales manager has committed coaching malpractice. At the same time, it’s a well-known fact that revenue targets have risen: A double blow to the hardworking sales manager and sales rep.

Coaching 166

Coaching Sage How To Quota 166

Partners in Excellence

FEBRUARY 17, 2020

Stated differently, sales has to sell the entire product portfolio, not just their favorite products. It introduces new product, services, perhaps goes after new markets. Let’s also manage two sales people. Sales person 1 has a quota of $10M, she makes it by selling a balance of products A and B.

Revenue 94

Revenue Territories Face-to-face Quota 94

Janek Performance Group

JANUARY 16, 2024

It can also foster a more collaborative and supportive team environment since there is no direct competition based on individual sales performance. In some instances, salary-only sales can be positioned as a more “transparent” marketing differentiator. This might give customers the impression of a low- or no-pressure sale.

Compensation 118

Compensation Salary Commission Margin 118

SBI Growth

NOVEMBER 22, 2012

Many marketing purists focus on the mechanics of segmentation work. Take the following steps with any segmentation work: Educate Sales Management along the way – Show them how the segmentation was done in layman’s terms. What’s available in the market? Provide all prospects with estimated opportunity value by territory.

Segment 288

Segment Customer Territories Penetration 288

Sales and Marketing Management

JULY 26, 2018

If mere access to data was the key to sales results, the widespread use of CRM should have had a “rising tide lifts all boats” effect on sales. But, according to data from CSO Insights and Buyer Zone, in 2012, 56 percent of all businesses used CRM and 63 percent of salespeople achieved quota. This is unexplored territory?—?and

Training 206

Training Penetration Government CRM 206

Miller Heiman Group

FEBRUARY 26, 2019

According to CSO Insights’ 2018-2019 Sales Performance Study , only 54 percent of salespeople are making or exceeding quota. With organizations generally targeting a 70 percent quota attainment goal, this represents a major challenge to sales effectiveness. Organizations aren’t setting quotas effectively.

Strategy 71

Strategy Territories Quota Proposal 71

MJ Hoffman

SEPTEMBER 26, 2018

However, your chances of ascending higher — to a VP or Director of Sales position — are zero. Only successful sales managers become sales executives. To excel as a manager (and someday make it to the C-suite), avoid these four significant failures. I’m asking for quota relief … ”.

Sales Management 40

Sales Management Hiring Referrals Energy 40

MJ Hoffman

SEPTEMBER 26, 2018

However, your chances of ascending higher — to a VP or Director of Sales position — are zero. Only successful sales managers become sales executives. To excel as a manager (and someday make it to the C-suite), avoid these four significant failures. I’m asking for quota relief … ”.

Sales Management 40

Sales Management Hiring Referrals Energy 40