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What is a territory sales plan? How does it helps your business.
An effective sales territory plan can make your team more productive, improve customer coverage, increase overall sales, and reduce costs.
On the other hand, unbalanced territory plans and constant changes in territory division can hurt productivity as well as working relationships between clients and account managers.
That’s why it’s so important to work on your territory management strategy, whether you’re just starting one, or updating an existing plan.
In this post, we'll go through how to create a sales territory plan step by step:
What is a sales territory plan?
A sales territory plan is a workable plan for targeting the right customers and implementing goals for income and consistent sales growth over time.
Traditionally, sales territories were created by geographical location. However, these days it’s been extended to include different industries, customer types and other segments.
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