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Field Sales Executive KRA/KPI
Key Responsibility Areas (KRA) & Key Performance Indicators (KPI)
As a Field Sales Executive, you will be responsible for driving sales growth by acquiring new customers and maintaining relationships with existing clients. You will be tasked with meeting sales targets, identifying business opportunities, and providing excellent customer service.
1. Sales Target Achievement
KRA: Achieving monthly and quarterly sales targets to contribute to the company’s revenue goals.
Short Description: Meeting and exceeding sales quotas consistently.
- Number of new customers acquired
- Sales revenue generated
- Conversion rate from leads to sales
- Average deal size
2. Customer Relationship Management
KRA: Building and maintaining strong relationships with clients to ensure customer satisfaction and loyalty.
Short Description: Providing personalized service and addressing customer needs.
- Customer retention rate
- Net Promoter Score (NPS)
- Number of repeat orders
- Customer feedback rating
3. Market Research and Analysis
KRA: Conducting market research to identify new business opportunities and staying updated on industry trends.
Short Description: Keeping abreast of market dynamics and competitor activities.
- Market share growth
- Competitor analysis reports
- New market penetration rate
- Industry knowledge updates
4. Product Knowledge and Training
KRA: Demonstrating in-depth product knowledge and providing training to customers as needed.
Short Description: Being a product expert and educating clients.
- Product knowledge assessment scores
- Number of product demos conducted
- Training session feedback ratings
- Product adoption rate by customers
Real-Time Example of KRA & KPI
Field Sales Executive Example
KRA: Increasing sales by 20% through targeted customer outreach and product demonstrations.
- KPI 1: Conversion rate from leads to sales increased by 25%.
- KPI 2: Average deal size grew by 15%.
- KPI 3: Customer retention rate improved by 10%.
- KPI 4: Sales revenue surged by 30%.
This example showcases how focusing on specific KPIs led to significant improvements in sales performance.
Key Takeaways
- KRA defines what needs to be done, whereas KPI measures how well it is done.
- KPIs should always be SMART (Specific, Measurable, Achievable, Relevant, Time-bound).
- Regular tracking and adjustments ensure success in the Field Sales Executive role