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Why 3x Pipeline Coverage Is a Terrible Strategy

Salesforce

The sales pipeline should be three times the annual quota.” You might know this as the “3x Pipeline Coverage” rule. ” Then I became a chief revenue officer, and the pipeline suddenly became real. Filling the pipeline with 3x quota wasn’t working, and we didn’t know how else to figure out coverage.

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Why Are You Still Using Your Old Playbooks?

Partners in Excellence

We still train our people the way we always have, providing them endless product training and sales skills training (prospecting, qualifying, need identification, proposing, objection handling, closing). Yet year after year quota attainment plummets, our activities present fewer results, win rates plummet.

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Win Rate Hacks

Partners in Excellence

We can spend a lot of time focusing on specific selling skills, for example questioning, probing, objection handling, presenting skills, closing skills. When we look at pipelines, there are a few key factors in our pipelines: Quality/integrity, volume, velocity. Do the math on what that means for pipeline coverage.

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B2B Sales Training Topics: Boost Your Team’s Performance

The 5% Institute

Are your sales reps unable to meet their quotas and reach their targets? From prospecting and lead generation to objection handling and closing techniques, we will cover a wide range of topics that are essential for B2B sales success. Are you struggling to close deals and generate revenue for your B2B company?

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Proven Strategies for Effective Sales Management

Highspot

Sales Forecasting Accurate sales forecasting and pipeline management helps in resource allocation and planning. Incentive and Compensation Strategies Compensation, quotas, and incentives help attract top talent and motivate them. Quotas: Setting achievable quotas motivates reps and provides a clear target.

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“A La Carte” Comp Plans

Partners in Excellence

I’ve seen numerous discussions around, “our people aren’t doing the prospecting needed to fill their pipelines, but if we compensate them on their prospecting efforts, we can incent them to do the work… ” Huughh???? How do they achieve their quotas, max out their comp plan, if they don’t do the whole job?

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What is Inside Sales? Everything You Need to Know

Gong.io

Achieving sales quotas and targets. Setting sales quotas. Pipeline management. Inside sales processes are typically presented in the form of a pipeline that shows which stage each customer is at in the process and allows reps to prioritize activities. Inside sales quotas . Outbound cold calling or emailing.