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Inside Sales Manager KRA/KPI
**Job Title: Inside Sales Manager**
**Job Description:**
As an Inside Sales Manager, you will be responsible for leading a team of inside sales representatives to drive revenue and meet sales targets. You will develop and implement sales strategies, monitor performance metrics, and provide coaching and training to team members.
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### Key Responsibility Areas (KRA) & Key Performance Indicators (KPI)
**1. Sales Strategy Development**
– **KRA:** Develop strategic sales plans to achieve company objectives.
– **Short Description:** Strategic planning for sales growth.
– **KPI 1:** Percentage increase in sales revenue.
– **KPI 2:** Conversion rate from leads to closed deals.
– **KPI 3:** Average deal size.
– **KPI 4:** Sales pipeline growth.
**2. Team Leadership**
– **KRA:** Provide leadership and guidance to inside sales team.
– **Short Description:** Team management and motivation.
– **KPI 1:** Team performance against set targets.
– **KPI 2:** Employee satisfaction and retention rate.
– **KPI 3:** Training completion rate.
– **KPI 4:** Sales team engagement level.
**3. Customer Relationship Management**
– **KRA:** Build and maintain strong customer relationships.
– **Short Description:** Customer retention and satisfaction.
– **KPI 1:** Customer retention rate.
– **KPI 2:** Net Promoter Score (NPS).
– **KPI 3:** Customer feedback response rate.
– **KPI 4:** Repeat business percentage.
**4. Sales Performance Analysis**
– **KRA:** Analyze sales data to identify trends and opportunities.
– **Short Description:** Data-driven decision-making.
– **KPI 1:** Sales conversion rate.
– **KPI 2:** Sales cycle length.
– **KPI 3:** Opportunity win rate.
– **KPI 4:** Sales forecast accuracy.
**5. Product Knowledge and Training**
– **KRA:** Ensure sales team is well-versed in product knowledge.
– **Short Description:** Product expertise and training.
– **KPI 1:** Product knowledge assessment scores.
– **KPI 2:** Training completion rates.
– **KPI 3:** Onboarding time for new products.
– **KPI 4:** Sales team’s ability to articulate product benefits.
**Real-Time Example of KRA & KPI**
**Example:** Implementing a new sales strategy that resulted in a 20% increase in sales revenue.
– **KPI 1:** Percentage increase in sales revenue.
– **KPI 2:** Conversion rate improvement.
– **KPI 3:** Customer feedback on new strategy.
– **KPI 4:** Sales team satisfaction with the new approach.
**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 Inside Sales Management.
By following this structured format with clear, concise, and measurable KPIs, Inside Sales Managers can effectively monitor performance and drive success in their role.