Measuring Sales Effectiveness
Sales organizations invest in sales enablement and sales operations to remain competitive, but how are they measuring the effectiveness of their teams and reps?
One minute insights:
- Almost half of respondents are completely satisfied with the way their organization tracks sales effectiveness
- Monthly or quarterly pipeline health checks are most common
- Percentage of sales reps achieving quota is the top ranked metric for measuring sales effectiveness
- Nearly all respondents cite using scorecards to evaluate their frontline sales reps
Organizations are effectively measuring their sales teams via updated buyer persona tracking and frequent pipeline health checks
94% of respondents are completely (45%) or somewhat satisfied (49%) with the way their organization measures or tracks the effectiveness of its sales teams.
Three-quarters of respondents report that buyer personas are re-evaluated quarterly (50%), monthly or more frequently (25%).
Monthly (41%) and quarterly (52%) pipeline health checks are most common among sales teams.
Leadership and manager driven metrics tracking is not just for measuring sales effectiveness, but helping organizations identify high potential opportunities
Sales manager (79%) and sales leadership (72%) were the most commonly selected teams responsible for tracking sales metrics.
Sales professionals rank the percentage of sales reps achieving quota as the top metric for evaluating the effectiveness of a sales organization. Average sales cycle length and annual on-target earnings were ranked second and third.
Question: Do you have any final thoughts to share on how sales effectiveness is measured or evaluated at your organization?
We have moved to measuring effectiveness of marketing and sales together which is helpful in identifying how performance improvements impact different areas of the customer journey.
CRM tools and scorecards are used to monitor and evaluate sales pipelines and front line representatives
Of those using scorecards (n=83), 96% believe they are highly (45%) or somewhat (51%) effective.
Question: Do you have any final thoughts to share on how sales effectiveness is measured or evaluated at your organization?
Raising the middle performers to higher achievement is the emphasis.
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