Lecture 4 Flashcards
(6 cards)
Quota and Pipeline Mechanics:
As your career advances your quota increases, Your company assigns quota based upon the amount of new revenue they need in a period to achieve their revenue goals, You are typically “over-quota’d” by 15%-30% of what the company actually needs in revenue.
6 sales stages:
Prospecting, Discovery, demo, proposal, negotiate, contract/legal.
Common Law of Business Balance:
Business can be good, fast, or cheap, and can only choose 2/3. Good/cheap is slow, good/fast is expensive, cheap/fast is low quality.
Company Value Proposition:
Microsoft empowers people and organizations to achieve more through innovative, secure, and scalable technology—delivering productivity, cloud, and AI solutions that drive digital transformation and business success.
Product Value proposition:
YETI water bottles deliver unmatched durability and temperature retention, keeping drinks cold (or hot) for hours—built for those who demand performance in any environment.
Win Rate:
The largest driver of how much pipeline you need to have to cover your quota