Report ID: SQMIG45F2090
Report ID:
SQMIG45F2090 |
Region:
Global |
Published Date: April, 2024
Pages:
197
|
Tables:
61 |
Figures:
75
Sales Performance Management Market Drivers
Emphasis on Improving Sales Productivity
Organizations around the world are focusing on maximizing the productivity of their sales teams to bring in the most revenue and stay competitive. Sales performance management solutions streamline processes such as territory management, sales coaching, and incentive compensation, helping businesses achieve their sales targets in the future.
Need for Real-time Sales Monitoring
Growing emphasis on adoption of real-time monitoring to make informed business decisions in real-time is expected to bolster the importance of real-time sales monitoring in the future. Sales performance management solutions offer these real-time monitoring capabilities and help change and optimize sales operations and strategies effectively.
Sales Performance Management Market Restraints
Resistance to Change
Many sales teams and professionals across organizations have established sales workflows and they are hesitant to adopt new technologies. The steep learning curve of advanced sales performance management solutions is a major factor that hinders the adoption and causes sales professionals to opt out of using sales performance management tools.
Complexity in Integration
Integrating sales performance management solutions with other sales and organization systems is a challenging task. Extensive use of outdated technology and systems in multiple organizations is expected to further fuel the issue of complex integration for sales performance management companies and thereby impede its adoption in the long run.
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Report ID: SQMIG45F2090