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How to Set Quota

A Sales Guy

Community member Jeff Abbott commented on a recent post about how he’d like to better understand how quotas are set and by whom. The first thing you need to know about quotas is there are a lot of different ways to set them. Let’s start with the rules: Quota MUST align with the business objectives.

Quota 113
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Why Sales Quota Must be Perceived as Achievable

A Sales Guy

Ok, I’m coming back to the quota discussion. My last post about quota focused on the importance of quota aligning with business objectives and business strategy. RULE 1: Quota MUST BE perceived as attainable. When quotas are not perceived as achievable, sales people just give up and don’t even try.

Quota 113
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Should Marketing Be Held to the Same Quota Standards as Sales?

Pointclear

Andy Gray is a senior marketing professional with proven expertise in directing, centralizing, and strengthening how customers are acquired and retained as well as how companies are positioned through marketing strategies, demand generation, sales support and enablement programs, market research and product development.

Quota 80
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Align Sales Compensation With Your Goals: ?A Compensation Plan That Works

A Sales Guy

Some pay commission based on sales, while others only pay on margin; still others blend both with incentives and special bonus plans. Calculating the cost of sales (CoS) is an important part of planning a compensation package. Once you have determined an acceptable CoS range, you can fine-tune the commission plan.

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How to Build Sales Compensation Plans that Increase Retention and Productivity

Sales Hacker

In this article, I’ll outline the principles of compensation design , how to build sales compensation plans , and include resources to set OTEs and quotas that keep your reps happy and hungry for more. Why Sales Comp Planning is Key to Rep Retention. And, quotas have gotten increasingly harder to hit. Simple is better.

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Which Type of Sales Job Is Right for You?

Hubspot

Sales compensation ranges from zero-commission (retail salespeople, for example) to pure commission (your salary is completely determined by performance.) Unlike a closing sales rep, SDRs don’t carry a traditional quota. The Bridge Group also found average SDR compensation (base plus commission) is $72,100.

Territory 101
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5 Ways Salespeople Can Make Their Lives Easier

Spiro Technologies

Not all sales jobs are created equal, and not all management teams will be a fit for certain personalities. While you’ll want to look at income potential when searching for the right job, don’t overlook other red flags simply because the commission plan is good. Leave work at work.