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The AI behind those poorly written messages, calls to action, and workflows responsible for sending multiple, ineffective follow-up messages, are not the answer to your ever-shrinking pipeline challenges. Today, there is only one effective, manageable and controllable way to quickly build a quality sales pipeline.
One of the most dreaded can be a change to your territory. You may have lost some or all of your pipeline. Where should my focus be in my new territory? Follow the 4 steps and use the Agile Territory Planner to become the master of your domain. Contact sales representatives who had the territory / customer before.
Revenue operations leaders are confronting complex challenges on two fronts: designing smarter territories for expansion, and maximizing productivity for frontline go-to-market (GTM) teams. But many RevOps teams still struggle with inefficient segmentation, suboptimal territory design, and a lack of actionable insights. The result?
I’ve filled my pipeline with qualified leads. 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. Getting the best reps in the best territories. Here are 5 steps for designing your territories.
Companies are increasingly implementing technology to bring efficiency to their workforce. Data accessibility aside, teams continuously struggle with manual processes for document generation. Learn why automating your documents is key to sales success.
Make a New Year’s resolution to build territories that are market-centric in 2013. Today’s post explores designing sales territories based on your customers and prospects. For a step-by-step guide on how to do this, Download the Territory Design Whitepaper Here ! How Market Focused Are Your Territories?
The following stories from real GTM professionals show how today’s revenue leaders are leveraging GTM Intelligence to expand their reach, grow their pipelines, and close more deals. in new pipeline generated within two quarters. Results In just one year, Radwares investment resulted in: 50% growth in pipeline generation.
The downstream effects of these errors quickly become hard to contain: Territory Planning Turmoil: If your CRM fails to show that two companies are related, you might assign them to different reps, causing overlapping outreach and internal turf wars. Pipeline Attribution Chaos: Inaccurate hierarchy data wreaks havoc on pipeline reporting.
Closing : Closing cycles that fail 80% of the time are the norm (where 1 in 5 deals in the pipeline closes.) Territories : Sales territories need to be designed to support these goals and strategies. One of the main reasons for this low close rate is that sales people miss decisionmakers in the prospect company.
The Five Minute Sales Territory Plan Between sales kick-off season approaching and another year beginning, there’s a lot of talk about self-sourcing pipeline, prospecting strategies, and territory management planning.
Effective sales territory management is key to maximizing revenue and ensuring that your sales team operates efficiently. Thoroughly researching new areas and understanding their laws and regulations will help you successfully break into new territories. Request a demo today What is sales territory?
The more territory, the more accounts I get, the better I will do”. Yet often the opposite is true, more often than not, less is more in sales accounts and territories. When I asked them what can be done to hit their goals, all but one suggested that we add accounts to their territories that were homeless due to a recent departure.
The specific comment was that the rep was reluctant to ask prospects/clients for referrals “because what if the person or company they refer are out of my territory?” They are able to stay focused on their territory, while earning some incentive for asking one extra question. What’s in Your Pipeline? Tibor Shanto.
Here, AI isnt a sidekick it drives decisions by forecasting outcomes, de-risking pipelines, and optimizing strategies in real time. These systems analyze CRM data, client engagement histories, and external signals to recommend the optimal next steps for every account in the pipeline.
While neither sales processes nor SalesTech impacted sellers’ intent-to-stay in this same study, the tools a team uses can have a direct impact on a seller's pipeline volume, their sense of territory fairness, and their satisfaction with professional development — the three areas with the greatest impact on seller retention.
Here’s what top producers have told us they look for: Territory with abundant opportunity. Take a look at each motivator: Abundant Territory Opportunity. Top producers demand a fair, equitable and coverable territory. A patchwork territory based on prior relationships raises a red flag. Top Performers’ Top 5. Hot product.
While it’s important to understand sales performance as a whole, it can also be helpful to understand how specific segments of your pipeline are performing. In this post, we’ll go over how to create a segment-specific report that you can use to understand your business’ quarterly sales by territory using Excel. Image Source.
How will you fill the pipeline with new opportunities? How will you fill open territories? Next year’s number has been handed down. Your sales leader is going to want to know your strategy for next year: How many heads will you need? These are just a few questions to answer.
One example was highlighted in a recent piece about pipelines , where sales people lie to themselves about the quality of individual opportunities, and by extension, they lie to themselves, their managers and companies about the state of the entire pipeline, and the ultimate revenue delivered.
Pipeline: Know what is coming up in the near future. Is your pipeline an accurate representation of where the Head of Sales sees growth opportunities? Is a territory mapping program the answer? Is it time to re-align territories again? Does your pipeline follow where the opportunity is growing? Money is wasted.
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.". Here’s the two step process to that Managers and Reps follow in the first month: Step One : Complete a Territory Account Plan. The January Two-Step.
The impact to the individual sellers and their territories. Rebalancing of any territories due to the new quota. You need to identify what lead and demand generation programs will drive the pipeline. Sit down with your team and pay attention to these areas: Understanding the link between the company strategy and new quota.
Again, I understand wanting to reward star sellers, but there are other ways, ways that allow you to avoid leaving a territory short, and a disappointed sales team. What’s in Your Pipeline? Tibor Shanto . Sales Execution Sales Success Tibor Shanto'
Setting Quotas, territory structures, headcounts and total compensation budgets are examples. Track pipeline and results by Personas. Are your territories designed to maximize time with customers and prospects? Evolve your perspective or suffer the consequences of missing the number next year. Build the personas into your CRM.
These guys have pipeline reviews that stimulate buyer action. A’ player SMs today use Linked-In and Intra-personal connections ensuring no open territories. Do you realize that for every open territory, team quota attainment drops by 13%? ‘A’ player SMs know how to get these deals done. They must rely on their Sales Mgrs.
Revisit “No decision” Opportunities – As I have argued in the past, it is important that we always understand why opportunities that made it into our pipeline delivered the results they did, usually one of three: Win – Loss – No Decision. What’s in Your Pipeline? Hence the title of today’s post, featuring my contribution.
Second, is a territory that flourished under the rep in question, now sits vacant while the “new manager is replaced”, risking customer satisfaction and retention. What’s in Your Pipeline? You hear about leaders in the dressing room, there is room for leaders in the sales room. Tibor Shanto.
Every day there are new sales people stepping into new jobs, often into underperforming territories, and they not only make a go of it, but thrive. If they were starting their sales job today, if they were new to the company and or territory, how would they approach it? What’s in Your Pipeline? What differentiates the two?
They study their territory, understand who potentially will benefit from their offering. What’s in Your Pipeline? That is why it is a “sales process”, not a “buying process”. Sales people are not standing at the checkout counter waiting for the next buyer to walk up. Tibor Shanto . Join me - Return On Objectives #Webinar.
There are several possible reasons: Need to keep your complete book of business and preserve your territory. Don’t have accounts in the pipeline to replace the bad ones. Fill your pipeline with new prospects. You instinctively avoid customer attrition. So why maintain Bad Customers? How Do You Acquire Bad Customers?
As a result, they often retain weaker performers, believing it is better than having an open territory. This leads to them to make excuses like, “I missed my goals because I had three underperforming sales reps” or, “I couldn’t hit my numbers because I had two open territories for half the year.” Which accounts (e.g.,
Are they in the right territories? 5) Reallocate the C player territory to your A players. Put them into the absolute best territory. Your ‘A’ Players are going to welcome the new opportunities they can add to their pipeline this year. ‘A’ Players – You’re clearly going to bring these team members to SKO.
I remember when I first started working for a company back in the early 1990’s (before we had web mail), the company had two main product lines, and had the usual territories across the continent, primarily driven by geography. What’s in Your Pipeline? Tibor Shanto.
During my time as a sales rep, building a lead list was one of my first activities when I took on a new sales role, territory, or industry vertical. After leads have been categorized, the process then involves creating and using these lists for lead management , and tracking to ensure they move efficiently through the sales pipeline.
Healthy sales pipelines and accurate forecasts are grounded in structured territory, account and opportunity planning processes. These processes provide sales managers with an unrestricted line of sight into their sales organizations.
Its relatively straightforward to do simply take your current pipeline, multiply the gross at each milestone times your historical close rates (actual or estimated), and determine if a seller can reasonably expect to be YTD one sales cycle ahead. Relying upon seller opinions when grading pipeline health. Current pipeline.
But if you’re going to plan, there is more to it than Territory or Account Planning. Some sellers create their plans for one element of success, say territory planning, then commit to an unrelated skill. As well as one method of territory planning tied to mutual objectives.
I asked what expectations are set either in terms of activities, pipeline coverage, or territory contact/coverage/penetration. What’s in Your Pipeline? This would seem OK if they were blowing their numbers away, but that’s not why I was there. You want to succeed, embrace active management. Tibor Shanto .
They have hired seven who are: Engaged Excited Active Bought-in A’s and B’s and far more capable than the Cs and Ds that were there Already growing their territories Showing appreciation for the coaching they are getting Resource – Read this article on why sales managers/leaders can’t and shouldn’t trust their gut.
Rather than settling for a B or another C, due to timing and being afraid of having a vacant territory for more than week, smart sales leaders pick up the talent when it is available. What’s in Your Pipeline? I have seen people flourish and struggle based on leadership, product comp plans and other factors. Tibor Shanto .
How many sales strategies, account and territory plans sit gathering dust on a shelf, right next to the last sales training manual, the one that focuses on execution. What’s in Your Pipeline? As a friend once said “isn’t sales great, and if it was easy they wouldn’t need us!” Embrace accountability – realize sales success.
Many are often reluctant to do this, telling me they can’t afford to have a vacant territory, if you ask me, the opposite is true, you can’t afford having territories run by these X Players. What’s in Your Pipeline? You can’t afford having your clients be attended to by these X Players. Tibor Shanto.
What it also highlights is that savvy buyers will usually put more stock in the company they deal with than the person parked in the territory at the time of the deal. What’s in Your Pipeline? Sadly a high percentage of those who would barter their “book” or think they are the pied piper their clients will blindly follow. Tibor Shanto.
Complicated commission plans or unwieldy territory rules and exceptions cause a half-baked sales team. They need to track their buyers and clients through social platforms or by aggregated content specific to their industry niche, geographic territory, or through named accounts. Expand Your Pipeline. Increase Opportunities.
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