Having been into Sales for over a decade now, I blogged about “ABC of Sales” - Always Be Closing, I am tempted to write about my thoughts on “NUMBERS aka Sales Quota” which in sales is a familiar term and we live eat breathe our quota or numbers. I got tempted to write about by looking at some real life trends, and some thoughts I read and compiled from what sales gurus said.
First very important thing is to ensure that the organization has a sales process, proper territory allocation, balanced offerings for sales people to sale, good backend support system and a fair and justified sales quota. This shall help in running a well oiled sales process, with good systems to support to track the progress and ensure things do not fall off the crack.
Second very important thing is to understand the human part of a sales guy and have figure out a best way to interact with them so that messages are passed, be it good or bad, but motivation levels and zeal to achieve is kept intact.
Third most important part is the incentives, rewarding structure. Remember the line “No Risk No Reward” thus if a sales guy has risked his career to an unpredictable compensation structure, only with the fact is that if he Kicks some Asses, he gets Big Mullah!!! The mullah should be really great, for him to keep his motivations to fire!!!
Let’s look at some scenarios of Sales Quota Failure and their aftermath. Read On