Service organizations count on regular contact and the effective organization of the field activities to attract new clients and retain the old ones. But in the absence of knowing where opportunities are available or how territories should be prioritized, salespeople will waste time by traveling long distances or searching for low-value prospects. Mapping territories is a systematic, graphic way of determining the localization of leads, the manner in which sales resources are distributed, and which locations have the greatest potential. Territory mapping, when coupled with an effective sales pipeline management CRM, will provide organizational understanding and clarity to optimize productivity, ease planning, and reinforce sales performance in each region.
5 Reasons Territory Mapping Helps Sales Teams Prioritize Better
- Organized Data and Faster Field Planning Through Paperless Document Tools
The process of territory mapping is made much more effective in combination with the use of paperless document tools that allow removing manual paperwork and providing immediate digital access. The sales teams do not have to use printed maps, handwritten notes, and scattered files anymore, but can access all the details about their clients, lead information, and territory assignments in one online place. This simplified procedure will mean that all the representatives will have the right and updated data in the field.
Mapping visualization and paperless documentation allow easy tracking of opportunities, documentation of client interactions, and the analysis of territory performance without administrative delays. Field reps have the ability to save notes directly into the mapping system and provide office teams with instant feedback on the availability of new opportunities or follow-up requirements. This real-time cooperation will decrease the misunderstandings and assist sales departments in concentrating on the potential opportunities of particular areas.
- Better Prioritization for High-Value Areas
The process of territory mapping will give a clear picture of the location of the valuable prospects and loyal customers. Sales teams can allocate more time to more opportunity areas than to others since time allocation is evenly spread throughout the service area. Geographic visualization points out the lead groups, the areas with more conversion potential, and the areas where the demand for the services is the greatest.
This can prevent wasting time traveling to prospects who have a low potential or interest in services. Reps can schedule their routes every day and go for opportunities that are worth following and ensure a better utilization of their time and high chances of success. Sales teams can be more efficient, and their fieldwork can yield better and more stable returns by knowing precisely where they yield the greatest results.
- Improved Lead Management by Region and Category
Mapping the various territories of a business can help companies identify and categorize their leads by region/service type/customer segment so that representatives can work with those leads that are the best fit for their skill set, experience level, and geographical area. Creating these types of segments also helps to consolidate the communications that clients will receive to prevent overlapping outreach and provide a consistent message throughout your company’s entire lead generation process.
When leads are managed on a regional basis, it is easier for organizations to evaluate their performance in the marketplace and identify the markets that are overlooked. Additionally, organizations can analyze how each region interacts with the market dynamics, assess their competition level, evaluate the overall “health” of their sales activity within each region over time, and determine how to adjust their business strategies based on what they observe in each region in “real time.”
- Streamlined Team Coordination and Accountability
With clearly defined territories, you can eliminate confusion concerning the responsibilities associated with each member of the sales force (sales agents). When all sales representatives know where they have the right to sell products/services, as well as where their commission check will come from, this opens opportunities for sales reps to form alliances with other sales reps and work together toward mutual benefit.
Additionally, by defining the territories within a company’s sales organization, a company’s leadership team is empowered by having a more purposeful and measurable approach to sales activity performance. By establishing accountability based upon the performance of territories, and measuring both activity and results for territories, a company’s leadership will have a much more focused view of which territories are underperforming versus those territories that are performing well and need additional support.
- Stronger Forecasting and Strategic Expansion Planning
Mapping territories also aids business expansion planning, as companies can assess potential new markets before actually entering them. In addition, having insight into a territory’s performance enables them to predict sales growth potential, assess resource requirements, and determine whether it is reasonable to expand into that market based on performance measurements and growth potential. Using accurate geographical data, instead of guesswork or speculating, can help reduce risk for companies, improve their ability to make strategic choices in all markets, and eliminate mistakes resulting from using just guesswork.
End Point
When sales teams map out their territories, they can focus on the best opportunities, travel more effectively, manage their prospects more precisely, and maximize their sales resources. Territory mapping combined with a sound CRM system that manages sales pipelines creates a streamlined process by eliminating wasteful efforts and providing insight into how well each region is performing and how its performance can be improved.