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Sales Quota: The Complete Guide to Hitting & Crushing Quota in 2023

Veloxy

In 2018, Salesforce found that only 57% of salespeople expected to hit their quota. Jump to 2022, and Salesforce found that a staggering 72% of salespeople expected their team to miss annual quota. Yet, the sales organization is failing to crush their quota, let alone hit it. Why is sales quota important?

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The Five Problems In Your Sales Pipeline

Iannarino

Sales leaders often require their sales force to fill their pipeline with several multiples of their quota. Ensuring you achieve your sales goal is a necessary goal, but this approach is a sign that the sales team isn’t working effectively.

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What’s In Your Pipeline?

Tibor Shanto

Many reps and managers look at opportunities independently of one another, but the pipeline is a collective of opportunities. Unfortunately, many salespeople see their pipeline as a holding tank for opportunities, rather than a means of driving to quota. What is in your pipeline should meet specific and defined criteria.

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Cleaning Up Your Pipeline

Iannarino

Even though you want coverage over your sales team’s quota and your sales goals, much of what you believe is coverage is not. Over time, your CRM becomes a junk drawer of stalled and stuck deals, lies, exaggerations, half-truths, neglected prospective clients, and falsehoods.

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Building Sales Pipelines: Coaching Tools

Force Management

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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There’s Real and Then There’s Pipeline Real

Tibor Shanto

Some people hide from prospecting in their pipelines; pretending the opportunities, individually or collectively, are more real than they are. The more you manage it, honestly, the more consistently you will exceed quota. When it comes to prospecting, there’s real, then there’s pipeline real. By Tibor Shanto. When Is It Real?

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What Are Sales Targets? The Secret to Quota-Hitting Sales Teams

Salesforce

These targets are used to guide the quota-setting, territory mapping , and sales team strategies. These include things like quota attainment for a sales team and the numbers of deals in reps’ pipelines. With sales targets in place, your team can create quotas to strive for and specific strategies for hitting those quotas.

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