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.

Quota 282

Quota How To Territories Guidelines 282

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.

Territories 70

Territories Software Software Benefit 70

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?

Ideal Customer Profile 64

Ideal Customer Profile Sales Qualified Lead Territories Leads 64

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.

Quota 77

Quota Territories Incentives Incentive 77

Hubspot Sales

JULY 22, 2020

In reality, sales professionals and managers need to have access to the best available sales planning tools to help them boost sales productivity and close more and bigger deals. Sales Productivity Tools. The HubSpot Sales Platform gives sales professionals the tools they need to sell more deals faster in one integrated suite.

Tools 108

Tools Closing Territories Hubspot 108

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.

Territories 68

Territories Demographics Travel Distribution 68

SBI Growth

AUGUST 10, 2012

To get an understanding of how prepared your sale force is for a launch, register for one of these sessions here to receive the Sales Enablement Gap Tool. Set territory revenue/unit goals by product. If you don’t have these sales enablement tools to launch successfully, this is where you should focus your efforts. They should.

Sales Enablement 267

Sales Enablement Tools Territories Campaigns 267

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.

Territories 87

Territories Revenue Data CRM 87

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.

Territories 45

Territories Software Software Benefit 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

The Pipeline

JANUARY 25, 2022

The driving question being how do I take a territory from a 20% margin base, to 25%? There are several ways to slice this, but it needs to be surfaced in coaching and quota discussions more often. Too many tools without reason leads to sales disablement. You should be upgrading your base as often as your phone. Margin Of Error.

Margin 188

Margin Commission Territories Negotiation 188

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.

Territories 50

Territories Demographics Travel Distribution 50

Alice Heiman

OCTOBER 11, 2023

Believe it or not, expanding within your existing customer base can yield better returns than braving new territories. Barry’s revealing Sales Performance Scorecard survey shows just 53% of reps hitting or surpassing their quotas, signifying a pressing need to revamp strategies.

GoldMine 84

GoldMine Survey Territories Ideal Customer Profile 84

SBI Growth

SEPTEMBER 14, 2012

Begin today with the ideas and free tools offered in this post. Here’s what top producers have told us they look for: Territory with abundant opportunity. Attainable quota. For example, a weak comp rate is okay if the quota enables a top performer to earn accelerated commissions. Attainable Quota. Hot product.

Sales Talent 312

Sales Talent Territories Compensation Quota 312

SBI

MAY 7, 2014

How badly do you want your team to blow away their quota? Today’s best-in-class sales organizations implement a variety of sales tools to impact their revenue. Announcing the Top 40 Sales Tools of 2014 - a multi-media guide that brings you up to speed on the best tools to increase sale productivity. InsideSales.

Sales Tools 139

Sales Tools Tools Revenue InsideSales 139

SBI Growth

FEBRUARY 5, 2014

To make your assessment easy, SBI has created a 10-point Compensation Inspection tool. This simple, free, downloadable tool reveals the vital signs of your plan. They roll out the draft plans in November, have a few meetings, adjust the territories and quotas, roll it out to the field and run off to the next challenge.".

Compensation 288

Compensation Territories Hiring Commission 288

Janek Performance Group

APRIL 17, 2024

However, the report does note a downward trend in support: Quota attainment has been holding steady between 81 to 90%. Support is directly tied to quota attainment. They then leverage research tools and market insights to pinpoint promising opportunities. Plus, sales BDRs attain quota more, by as much as 10%.

Outsourcing Services 62

Outsourcing Services B2B Lead Rank Sales Qualified Lead 62

Sales and Marketing Management

JULY 6, 2017

Sales calls, presentations, proposals, territory plans – every key sales rep activity and interaction is (ideally) captured in CRM so leaders can answer their most critical questions at a glance: Are my salespeople doing the right things? Are they tracking toward quota? Are they winning the big deals? Inquiring minds want to know.

Sales Management 205

Sales Management Quota Territories CRM 205

Zoominfo

DECEMBER 16, 2020

Because, let’s face it, even in a perfect world, CRMs benefit company leadership more than the quota-carrying sales rep. . So, let’s dive into how Salesforce Sync helps enable sales reps by supporting the foundation of any sales process: Territory Management. ZoomInfo Salesforce Sync for Territory Management.

SalesForce 219

SalesForce Territories Intent Signal Buyer Persona 219

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. But place him in an equal territory and watch him flounder.

Territories 303

Territories Hiring Quota Sales Leadership 303

SBI Growth

DECEMBER 18, 2012

Below is our Emerging Sales Manager Assessment Tool. This tool will help you determine if your Sales Managers are prepared for the future. Revenue Contribution Ratio : Over 35% of quota is achieved from big deals. These deals ensure you will exceed your quota. ‘A’ Use the tool to dive deep into actions your Sales Mgr.

Sales Management 300

Sales Management Lead Rank Lead Scoring Ideal Customer Profile 300

The Pipeline

NOVEMBER 7, 2016

Beyond specific activities, this needs to include an overall annual territory plan; key account plans; prospecting plans; and most importantly at a minimum monthly activity plans, although it would not kill you to have one that continuously covers the next two weeks. Save that for January, when you abandon your New Year’s resolution.

Wireless 303

Wireless Face-to-face Pipeline Distribution 303

SBI Growth

OCTOBER 6, 2013

To get this tool, sign-up here. You will get access to more guides and tools to help sales compensation planning. Especially if the number of sales reps hitting quota is usually low. On the contrary, it may be that Reps are resigned to not making quotas. Territory design and account assignments could also be a cause.

Compensation 293

Compensation Territories Incentives Incentive 293

The Pipeline

JUNE 8, 2017

While I agree that the focus should always be about quality over quantity, the reality is that no matter the quality of your prospects, you will need a given (minimum) quantity of quality sales in order to meet, or better yet, exceed quota. This may explain why so many sales people fail to achieve quota. Numbers = Accountability.

Proposal 228

Proposal Quota Commission Territories 228

SBI Growth

MARCH 23, 2013

Let’s look at a common scenario: Bob receives his quota number for the year. Download the How Many Reps Do I Need Tool. Territory Potential - Top Down. Inputs: Revenue potential by territory. # Use this tool to calculate how many reps you need based on the Activity Model). Your customers will feel neglected.

Ideal Customer Profile 257

Ideal Customer Profile Hiring Territories Quota 257

SBI Growth

DECEMBER 5, 2013

After evaluating your team and their tools, you might ask “Where do I start?” Don’t do a territory redesign project without knowing exactly who you’re targeting. Having the tools, process, management commitment and cadence will deliver results. A bad comp plan with good quotas will drag you down.

Top of Funnel 296

Top of Funnel Territories Scale Segment 296

A Sales Guy

JANUARY 21, 2013

As VP of Sales or Head of Sales, making quota is your job. Therefore, knowing whether or not your team is going to make quota as early as possible is critical. I know who is going to make quota this year and who isn’t. They have no idea how they are going to make quota. Quota is missed most by this group.

Quota 127

Quota How To Penetration Face-to-face 127

Xactly

OCTOBER 29, 2018

It is one of the most powerful tools in the business world. However, like any tool, the value of data analytics depend on how you use it. For sales organizations, sales performance data can be a useful tool to drive strategic planning and increase performance. . Start With the Right Sales Performance Metrics.

Data 85

Data Top of Funnel Territories Compensation 85

LeadFuze

NOVEMBER 30, 2021

Sales Tools that Actually Matter: Building your Sales Playbook. To reach quotas, marketing targets, and pipeline goals for your company’s product or service all employees need to be able to represent the brand from day one. Small companies often struggle to provide the tools that salespeople need.

Sales Tools 52

Sales Tools Tools Hiring Lead Rank 52

SBI Growth

OCTOBER 12, 2013

Setting Quotas, territory structures, headcounts and total compensation budgets are examples. As the primary team responsible for sales tools, it’s time to re-evaluate. Create tools such as call plans, discovery guides and opportunity assessments that are persona-based. Get LinkedIn upgrades.

Buyer Persona 310

Buyer Persona Territories Compensation Buyer 310

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? An uncharacteristic drop in productivity that may lead to not meeting quota. A history at your company of easily making quota (points to a lack of challenge). Longer-term improvement.

Sales Talent 288

Sales Talent Hiring Lead Rank Lead Scoring 288

Pipeliner

NOVEMBER 23, 2022

As you can see in the graphic, this functionality coordinates with Pipeliner’s real-time pipeline data within its opportunity management to guide the company to meet its targets and quotas. In addition, several different KPIs within historical data need to be understood for the targets and quotas to be accurately set.

Pipeline 97

Pipeline Revenue Forecasting Quota 97

Fill the Funnel

JANUARY 7, 2013

This experience has helped me recognize when duct tape is the tool of choice. It is typically a time with lots of NEW in the air – new quotas, new territories, new comp plan, new prospects and new optimism. Take charge of your results and learn how sales tools like InsideView, LinkedIn, ToutApp, Mailchimp, Paper.li

Tools 123

Tools InsideView Top of Funnel Marketing 123

Crunchbase

MARCH 13, 2023

Consequently, some may be finding that their leaders are focused on buzzwords like “efficiency” and “effectiveness;” asking them to maintain lofty quotas, even as they wrestle with reduced resources and fewer hands. Make smarter territory choices Hard times mean hard choices. At face value, this may seem like an impossible task.

Territories 59

Territories Churn Face-to-face SME 59

Salesmate

OCTOBER 22, 2021

Moreover, you’ll be getting access to our sales commission calculator tool in this article, so stay tuned. The individual commission plan is targeted towards salespeople who have exceeded their sales quotas. Likewise, if you want your reps to crush their sales quotas, then you need to provide rewards in form of commission.

Commission 52

Commission Motivation Tools Salary 52

Crunchbase

MAY 18, 2023

A few years ago, sales teams could rely on inbound leads to meet their quotas. With automated tools that integrate with those your go-to-market team already lives and breathes in — like CRMs, routing forms, lead distribution and data enrichment — a prospect can instantly book a meeting with sales during a time that works for them.

Sales Cycle 98

Sales Cycle Lead Rank Lead Scoring Sales Qualified Lead 98

Hubspot Sales

OCTOBER 2, 2019

Here are some elements that could be included in a sales rep development plan to help them build their skills: Required training for sales enablement tools. Conversely, if your entire team is hitting or surpassing quota without question, your goal may be too conservative. Supplemental reading from sales thought leaders.

SAP 119

SAP Oracle Compensation Territories 119