Sales History: Sales Quota Setting Today vs. 100 Years Ago

Feb 3, 2023 | Video


Sales History: Sales Quota Setting Today vs. 100 Years Ago

Why is it that, 100 years ago, sales quotas were calculated by market analysts and sales quota specialists TERRITORY SPECIFIC, with the data shared with each rep individually, when they had LESS DATA and LESS TOOLS AVAILABLE TO MAKE SENSE OF DATA than we do today?

Give a quick view of the video, then scroll down:

——- (Selected quotes from March of 1926’s joint meeting of The American Management Association and The American Statistical Association in New York for your edu-tainment) ——

“I have little patience with the ready-made, hand-me-down quota. There is no panacea. If it is wrong, I do not care how simple it is, it will not stay sold even if you are able to sell it (to the salesperson) in the first place.”
(H.G. Weaver, General Motors Corporation)

“Sales quotas are more likely to be accepted wholeheartedly by the sales force when there is definite proof that a given factor does influence the sales of a commodity and when the weight to be assigned to it is not determined by individual opinion or guesswork.”
(Donald R. G. Cowan, Swift & Company)

Regarding the investment in a analyst/specialist: This individual provides the value of “setting quotas which could be accepted as a standard of accomplishment for the sales(person) and as a basis for the redistribution of sales energy on a more economical basis.” (Weaver, GM)

And regarding simply adding 5-10% to last year’s quota and/or attainment as the new quota: “amounts to using the thing to be measured as the measuring stick of itself.” (Weaver, GM)

0 Comments

Other Videos You Might Enjoy

Sales Leaders: Celebrate The Losses

Sales Leaders: Celebrate The Losses

It’s one thing to celebrate the wins in an organization. We have to do that, especially now when everyone’s remote. But losing is winning, if you lose right. Celebrate the losses for the effort and lessons learned, and you'll find you lose less often, your forecast...

read more
Todd Caponi – The Transparency Sale

Todd Caponi – The Transparency Sale

Considering a keynote speaker for your next event, with a science-backed, counterintuitive perspective on how to win more, win faster, and do it with integrity? Here's a quick 1:30 on the problem, the solution, and the transformation through Todd Caponi's programs.

read more
A Tale of Two Crises: Transparency in a Crisis

A Tale of Two Crises: Transparency in a Crisis

It's inevitable - what you do or sell will screw up somewhere or for someone. - My family had a boarding facility lose one of our dogs. - And last week, a dealership lost my car while it was there for service! How you handle a crisis says everything about you...and...

read more
Todd Caponi
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.