Invest and Allocate People Resources in the Right Markets Flashcards
What does the C-Suite need to know when it comes to the market?
Size of TAM
What does the C-Suite need to firstly prioritise before allocating people resources?
Markets
How can the C-Suite establish markets with the highest growth?
Size, shape, and structure of markets
What are three drawbacks to using traditional off-the-shelf analyst reports when evaluating size of TAM?
Cost prohibitive, not specific, misaligned data
What are three benefits of using HG’s bottom-up approach to TAM analysis?
Custom market definitions, truly reflective, faster to operationalise
What is the ultimate benefit of HG’s TAM analysis?
Capture market share
What is one of the biggest challenges faced by new sellers?
Knowing where to start
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?
Tech install
What are the major benefits of combining firmographics, IT spend, IT install, and contract intelligence?
You can uncover markets with large greenfield opportunities, or those where a well established partner can help you penetrate a competitive market
What is a benefit of account scoring and prioritisation?
You can drill down from the high level market view all the way down to individual companies
Territories built using traditional methods often have unequal amounts of opportunity between them. What does this cause as a result?
Sub-optimal resource allocation and difficulty in measuring and comparing sales rep performance
What accounts can you identify when combining HG’s install and IT spend intelligence?
Those with the highest propensity to buy and revenue conversion
What territories can you build with IT install and spend intelligence?
The right accounts from a fit standpoint, as well as by the amount of budget accounts are spending on your particular segment of IT
What is the benefit of identifying the true potential of a territory when analysing sales performance?
Allows sales teams to better identify areas for improvement
What are the best proof points for TAM analysis?
Citrix, Rubrik, Unit4