|
Description:

|
With an increased focus on revenue, companies are focusing on improving
sales force productivity, enhancing sales coverage models to ensure access
to all opportunities, and identifying best practices.
ITSMA's Sales Performance Study: Benchmarks and Best Practices from
IT Services Leaders provides extensive data and analysis of how companies
are managing and measuring their sales organizations in this difficult
time. The report highlights several pervasive challenges, including:
- Making the transition from selling products and services to selling
solutions
- Improving sales force competencies in such areas as teamwork, consultative
selling, and sharing best practices
- Creating a more balanced approach to measuring sales performance
Based on interviews and data collection with 27 leading IT companies,
the report provides detailed data and analysis on six major topics:
- Sales coverage models: sales channels, revenue by channel,
and sales force size and turnover
- Direct sales force productivity: sales yield, sales management
ratios, and sales representative time utilization
- Sales performance: contract and professional services penetration
rates, services attach rates, contract renewal and customer retention
rates, sole-source ratios and win rates, repeat versus new business,
recurring revenue, and sales lead conversion rates
- Sales costs: total sales and services sales costs, sales cost
allocations, and sales force compensation
- Sales training: sales training investment, sales skills, and
adequacy of sales training
- Sales support and automation: formal sales support organizations,
sales automation use and satisfaction
The report includes breakouts of the data by market sector (professional
services firms, computer systems vendors, software vendors, network systems
vendors, and other vendors) and by size of organization (greater than,
or less than, $500 million in revenue).
Data and analysis in this report enables companies to compare their own
performance to organizations covered in the study in both their relevant
market sectors and the IT services industry as a whole. Sales and marketing
managers can use the data to help establish realistic improvement goals
and to create and justify initiatives that enhance sales performance and
drive profitable growth.
|