Lecture 4 Flashcards

(6 cards)

1
Q

Quota and Pipeline Mechanics:

A

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.

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2
Q

6 sales stages:

A

Prospecting, Discovery, demo, proposal, negotiate, contract/legal.

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3
Q

Common Law of Business Balance:

A

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.

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4
Q

Company Value Proposition:

A

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.

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5
Q

Product Value proposition:

A

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.

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6
Q

Win Rate:

A

The largest driver of how much pipeline you need to have to cover your quota

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