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Alan Rigg of 80/20 Sales Performance, invites you to reprint this article in your publication, ezine, or on your website.

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    Sales Territory Management - How to Prioritize Your Activities to Produce Maximum Results
    Copyright © 2005, Alan Rigg

    You may use this image in your ezine or website if you choose to publish my article. --- Alan Rigg
    You may use this image in your ezine or website if you choose to publish my article. Click here to see the picture full-sized.--- Alan Rigg
    How you prioritize your sales territory management activities 
    depends upon whether you are managing a territory that has 
    existing customers, or whether you are building your customer 
    base from scratch.
    
    If you manage a territory that has existing customers, your first 
    priority should be to introduce yourself to every single one of 
    your customers. This should be a pleasant, low-key introduction 
    along the lines of, "I just wanted to introduce myself and see if 
    there is anything I can do to help you." Then, as you are 
    chatting with your customers, you can ask, "Would you mind 
    sharing with me how you think my company's relationship with you 
    has been going so far? What have we been doing well? Where could 
    we improve?"
    
    Collecting this kind of feedback is a great way to start 
    relationships with customers. It also helps you draw any 
    festering problems out into the open. If you can address the 
    problems quickly, it can really jump-start your relationships 
    with the affected customers.
    
    This same approach can also be effective for customers that have 
    been reducing their purchases from your company over time, or 
    customers that have stopped ordering completely. It is never much 
    fun to listen to people complain. But, if you can isolate and 
    solve the problems that are causing the dissatisfaction, you can 
    produce a rapid and substantial boost in sales.
    
    If you find customers that are really happy with the service your 
    company has provided, drill down (with more questions) to 
    determine just what has made them so happy. Their answers will 
    provide you with a template for successfully managing their (and 
    other) accounts. Also, ask these happy customers for 
    referrals…regardless of whether you have contributed in any way 
    to their happiness! Happy, satisfied customers are usually 
    delighted to share their positive experience with others.
    
    Once you have met all of your existing customers, the next step 
    is to identify target prospects in your territory. Start by 
    checking with your manager. If they have been managing your sales 
    team for any period of time, they should be able to suggest some 
    good target prospects.
    
    Once you have compiled a list of target prospects, determine 
    which ones you will pursue first. Which target prospects have the 
    greatest potential to purchase the largest amounts of products 
    and services? Which ones are likely to be "quick closes"? If you 
    have both types of target prospects on your list, pursue several 
    of each type at the same time. In the words of a well-respected 
    executive that I used to work with, "Elephant hunting is 
    great…but those rabbits sure taste good in between the 
    elephants!"
    
    When you are ready to begin pursuing your target prospects, start 
    by asking your existing customers whether they know anyone that 
    works in the target organizations. If they do, ask for referrals. 
    Once you have exhausted available referrals, proceed with the 
    other activities in your prospecting plan - but tailor these 
    activities to attract the attention of your target prospects.
    
    Conclusion
    
    Effective sales territory management begins with touching base 
    with EVERY SINGLE ONE of your existing customers. Ask questions 
    to gauge their satisfaction with their relationship with your 
    company. If they identify any problems, work aggressively to 
    solve these problems as your first priority.
    
    If a customer expresses happiness and satisfaction, ask questions 
    to determine what your company has been doing RIGHT. Use this 
    information to create a template for managing all of your 
    accounts. Also be sure to ask for REFERRALS, both in general and 
    to specific target accounts. Exhaust these referrals before you 
    begin the other (less productive) activities in your prospecting 
    plan.
    
    Prioritize your activities as described in this article, and you 
    will maximize sales growth in your territory!
     
    



    Writer's Resource Box:
    Sales performance expert Alan Rigg is the author of How to Beat 
    the 80/20 Rule in Selling: Why Most Salespeople Don't Perform 
    and What to Do About It. His company, 80/20 Sales Performance, 
    helps business owners, executives, and managers DOUBLE sales by 
    implementing The Right Formula™ for building top-performing 
    sales teams. For more information and more FREE sales and sales 
    management tips, visit http://www.8020salesperformance.com .




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