SBI Growth

APRIL 6, 2013

The one that actually completed his Exit Interview put it bluntly: “My quota has been unrealistic for 5 quarters. These strong reps may not be in the right territories calling on the right accounts. It may be time to assess whether your territories are optimally designed. Creating accurate quotas and comp plans.

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The Spiff Blog

FEBRUARY 9, 2023

There’s no one-size-fits-all approach to setting quotas. But one thing sales and RevOps leaders all have in common is that they collectively struggle to set realistic, motivating sales quotas. Today we’re going to take a deeper look at the impact quota setting has on your business. In fact, with only 24.3% Let’s get into it!

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SBI Growth

OCTOBER 4, 2013

Oftentimes misguided quotas can become astronomical and outlandish. This blog addresses how sales reps can ensure their quota is realistic and attainable. Many sales reps are forced to accept a quota that is neither. If their projections are unrealistic, so are the sales reps’ quotas. Bottom-Up Quota Setting.

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Understanding the Sales Force

FEBRUARY 3, 2022

Six months or more pass before you realize that salesperson won't make it and you not only wasted a half year's salary, you lost six months, have an empty territory or vertical, and have to start over from the beginning! It doesn't have to be that way and here's why.

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SBI Growth

JANUARY 10, 2014

You just got your new quota and it’s gone up. As soon as the new quota is approved- it’s time to get moving. The sales management team needs to have a clear understanding of the new quota. Sit down with your team and pay attention to these areas: Understanding the link between the company strategy and new quota.

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Quota Top of Funnel Territories Marketing Qualified Lead 316

Hubspot Sales

APRIL 27, 2021

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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Gong.io

DECEMBER 15, 2022

The value of sales territories isn’t lost on most sales leaders (and if it is, we’ll clarify that shortly). The problem is making your sales territory planning fair without swallowing up your time. . What is sales territory mapping, and why is it important? What is sales territory mapping, and why is it important?

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SBI Growth

DECEMBER 16, 2012

Otherwise, Pie-In-the-Sky quotas become the norm. Download our Quota Metrics Tool to see best in class Quota Setting Guidelines. My hands are tied,” the CEO responded, “if you want to shift some of the Q1 quota to Q2 or Q3, I can do that”. For the CSO, quota is the most important conversation of the year.

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Quota How To Territories Guidelines 282

Hubspot Sales

JULY 3, 2018

Sales Territory Plan. Assess Territory Quality. One of the essential pillars of a successful business is a robust and organized sales territory strategy. Studies show that effective territory management can increase overall sales, improve customer coverage, and reduce costs. What Is a Sales Territory?

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Territories Lead Rank Lead Scoring Top of Funnel 123

Xactly

AUGUST 13, 2018

Let’s cut to the chase–if you’re not using data to drive your sales territory mapping, your territories might be hurting your sales performance more than they are helping it. Sales territory mapping software offers more benefits than sales managers may realize. See if your sales territories have room for improvement.

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Territories Software Software Benefit 70

OpenSymmetry

MARCH 16, 2016

The Territory & Quota Management Revolution – New Incentive Compensation Platforms Blazing the Trails to Greater Efficiencies. This shift if critically important for three key reasons: Improved flexibility in defining and modeling of Territory and Channel structures. Territory Definition and Modeling.

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Force Management

FEBRUARY 22, 2024

Healthy sales pipelines and accurate forecasts are grounded in structured territory, account and opportunity planning processes. Without this line of sight, sales organizations often miss quota goals, forecast revenue inaccurately, and close the majority of deals late in the quarter – or year.

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Sales Hacker Training

JUNE 17, 2020

If a salesperson hit quota at their last job, they’re much more likely to hit quota at your organization, right? of sales professionals globally are achieving quota. It turns out that quota attainment has become the exception, not the rule. I didn’t make this decision because quota information was difficult to get.

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Xactly

DECEMBER 12, 2018

Part three: Ensuring accurate quota planning and allocation. 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. Download Guide. The result?

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Crunchbase

AUGUST 2, 2021

In the “Crunchbase 101 for Sales” series, you’ll learn how to leverage Crunchbase’s all-in-one prospecting software to streamline your sales workflow and crush your quota. Your quota isn’t getting any smaller, and your territory isn’t getting any bigger. So, how do you find more qualified leads in your territory, faster?

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The Pipeline

JANUARY 11, 2022

But if you’re going to plan, there is more to it than Territory or Account Planning. Not only more, but more diverse way to plan and execute to exceed quota. Sure, everyone has the goal of making quota, or improve prospecting, but the question is how? As well as one method of territory planning tied to mutual objectives.

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SBI Growth

NOVEMBER 21, 2018

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Xactly

DECEMBER 3, 2018

Stop Playing Quota Planning Roulette. Part of this includes quota planning. In today’s post, I’ll address what is arguably the most emotionally charged sales planning function— quota planning. Quota allocation elicits strong feelings for reps, managers, and executive leadership. The Price of Poor Quota Planning.

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Quota Territories Incentives Incentive 77

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. . Take Assessment.

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Territories Demographics Travel Distribution 68

DiscoverOrg Sales

OCTOBER 27, 2016

Rather than react to inbound leads or simply start at the top of a list and work my way down, I analyzed my territory before I began. My goal was never about just hitting quota, but rather to generate the most revenue possible from my territory. Because of that, I could identify the several hundred accounts within my territory.

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Territories Account Ideal Customer Profile Analysis 120

SBI

FEBRUARY 7, 2019

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. They blow out their quotas and get pats on the back.

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Openview

DECEMBER 19, 2018

The beginning of the year is typically a time where you either get a new territory or simply start from scratch with your current one. How do you best take action on your territory plan? Here are three actionable techniques to use when getting started with your territory plan and working toward crushing your goals in 2019.

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Territories How To Intent Guarantee 89

Sales Hacker

DECEMBER 9, 2022

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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Lead Rank Territories Lead Scoring Quota 97

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. Use Data-driven Intelligence to Map Territories. Download Guide.

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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. The Right Data for Customer Segmentation.

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Territories Software Software Benefit 45

Partners in Excellence

AUGUST 18, 2017

Do you still have a personal territory with a quota for that territory? I can’t think of many situations where having both managerial and personal territory responsibility is acceptable. Make sure the personal territory you manage is small–both in terms of responsibility and for that personal goal.

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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. The Right Data for Customer Segmentation.

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Territories Demographics Travel Distribution 50

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.

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Hubspot Sales

OCTOBER 11, 2017

Imagine your company without sales quotas. According to an informal poll we took of sales reps, managers, and leaders, most sales professionals like quotas. In fact, less than 7% of the participants said they would eliminate quotas. In fact, less than 7% of the participants said they would eliminate quotas.

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Quota Hiring Compensation Motivation 83

Steven Rosen

APRIL 15, 2021

They own their business plan and must demonstrate that they have a strong understanding of their territory’s challenges and opportunities. My expectation is they come prepared with a plan of action to address the challenges and the opportunities in their territory/business. Conclusion.

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Territories Quota Coaching Sales 336

Hubspot Sales

MAY 14, 2019

The Top Quota-Killing Mistakes. As salespeople become comfortable in their role and territory, they begin to develop strong relationships with certain customers. If you take a look at the salespeople who meet their quota, they often have a mix of smaller deals that helped them meet their goal. Q2 : 99% of quota.

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SBI Growth

AUGUST 29, 2018

It’s December 25th, 2018. You are sitting around the Christmas tree with your wife, two kids and black lab—Duffers. You hear the crackle of the fireplace as another log gets added to the fire. The kids are smiling from ear.

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Territories Compensation Revenue Industry 184

OpenSymmetry

FEBRUARY 15, 2018

This is the second in a two-part series of Ten Success Factors for Better Quotas. Most organizations set quotas by looking backwards (The old, “Take last year’s goal and add 10% method).But Historic quota-setting may also create a “porpoise pattern,” where sales and quota attainment leap up and then dive in alternating years.

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Xactly

AUGUST 23, 2018

Sure, you know you need ICM to handle accurate and timely payments, but do you really need automated sales territory planning as well? Although automating technology for territory design can increase your sales up to 20 percent, territory planning is often categorized as a luxury in SPM—instead of as the necessity it is.

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G2Crowd - Sales Blog

APRIL 8, 2020

A lot of factors contribute to whether or not a sales rep hits their quota.

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Territories Quota Sales 119

Steven Rosen

JANUARY 5, 2018

Strategy #4 is have your sales reps develop their own territory business plans. We start with what are your three critical factors for success for your territory and then I look at the customers and say; Where do you think your business is going to come from? Plan to Succeed. In business, no one plans to fail yet many fail to plan. .

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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. Poor or excessive customer coverage if territories are too small, leading to missed revenue.

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