Invest and Allocate People Resources in the Right Markets Flashcards

1
Q

What does the C-Suite need to know when it comes to the market?

A

Size of TAM

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2
Q

What does the C-Suite need to firstly prioritise before allocating people resources?

A

Markets

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3
Q

How can the C-Suite establish markets with the highest growth?

A

Size, shape, and structure of markets

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4
Q

What are three drawbacks to using traditional off-the-shelf analyst reports when evaluating size of TAM?

A

Cost prohibitive, not specific, misaligned data

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5
Q

What are three benefits of using HG’s bottom-up approach to TAM analysis?

A

Custom market definitions, truly reflective, faster to operationalise

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6
Q

What is the ultimate benefit of HG’s TAM analysis?

A

Capture market share

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7
Q

What is one of the biggest challenges faced by new sellers?

A

Knowing where to start

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8
Q

What data point allows you to better understand the size, shape, and structure of markets to identify those that have the greatest potential for your offerings?

A

Tech install

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9
Q

What are the major benefits of combining firmographics, IT spend, IT install, and contract intelligence?

A

You can uncover markets with large greenfield opportunities, or those where a well established partner can help you penetrate a competitive market

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10
Q

What is a benefit of account scoring and prioritisation?

A

You can drill down from the high level market view all the way down to individual companies

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11
Q

Territories built using traditional methods often have unequal amounts of opportunity between them. What does this cause as a result?

A

Sub-optimal resource allocation and difficulty in measuring and comparing sales rep performance

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12
Q

What accounts can you identify when combining HG’s install and IT spend intelligence?

A

Those with the highest propensity to buy and revenue conversion

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13
Q

What territories can you build with IT install and spend intelligence?

A

The right accounts from a fit standpoint, as well as by the amount of budget accounts are spending on your particular segment of IT

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14
Q

What is the benefit of identifying the true potential of a territory when analysing sales performance?

A

Allows sales teams to better identify areas for improvement

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15
Q

What are the best proof points for TAM analysis?

A

Citrix, Rubrik, Unit4

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16
Q

What are the best proof points for market prioritisation?

A

Informatica, Pure Storage, Juniper

17
Q

What are the best proof points for vendor penetration in customers? (Size, shape, and structure of markets to establish those with the highest growth)

A

Rubrik, Citrix, Unit4