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Your VP Sales Has a Sales Quota. Your VP Marketing Has To Have a Quota, Too.

SaaStr

Or SQL commit. The post Your VP Sales Has a Sales Quota. Your VP Marketing Has To Have a Quota, Too. Or if you want to go a stage further down the funnel, an Opportunity Commit. An “Opportunity Commit” works well for bigger ACVs ($20k+) in my experience and less well for small deals). appeared first on SaaStr.

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The Ultimate Guide to Building a Lead List

Hubspot

Well, sales lead lists are key to hitting your productivity number, which usually goes a long way to hitting your quota number. 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. And this, of course, is key to a satisfying commission number.

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It’s Not About The Metrics! It’s What You Do About Them!

Partners in Excellence

Does Quota Matter? Every organization I meet has a whole alphabet soup of metrics. We have to get into the metrics to understand what they mean, what were the things that contributed to them being good or bad? What actions do we need to take to improve performance? Related Posts: Metric Fixation Stopping Our Metrics Obsession!

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Sales Reps Really Do Have to Close 4x-5x What They Take Home, and More: Iconiq’s Sales Compensation Guide

SaaStr

Enterprise SDRs Typically Have to Book 5 SQLs Per Month, Mid-Market SDRs About 20. 33% of SaaS Startups Now Comp SDRs Based on Pipeline They Source vs. SQL. 82% of SaaS Startups Use Sales Accelerators, Mainly Based on Exceeding Base Quota. Ramped Sales Teams See 60%-70% Quota Attainment, Up to 80% for the Very Best Teams.

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What Does This Metric Mean To Me?

Partners in Excellence

We have an entire alphabet soup of metrics, including MQL, SQL, ARR, ACV, TCV, NPS, MRR, LTV, CAC, Churn, and XYZ (OK, I made that up—I think). Both have identical quotas, $5M. Let’s imagine this thought experiment (regular readers will recognize this example, so don’t blurt out the answer). Both have $10M pipelines.

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How to Build Effective Sales Compensation Plans for Any Customer Facing Role

Sales Hacker

Or, you can simply adjust quota upwards to account for an expected level of premature churn. For example, one year my team fell $400k short on quota. 40,000/150 = $267/SQL. Or rather $250/SQL. As the SDR generates 12 SQLs/mo = $3,000 in commission. We then pay less per SQL – say $150.

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Scratching My Head In Amazement……

Partners in Excellence

For the sparse discussion about how to fix it, the discussion focused on higher quality MQL/SQL’s and focus on better prospecting. But the conversation around these win rates did not display the alarm that one would expect. One gets the sense it’s par for the course in today’s sales world.

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