Optimizing Sales Territories with Geospatial Analytics

Background

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  • A pharmaceutical company faced inefficiencies in sales operations due to poorly defined territories, causing uneven workload distribution, overlapping areas, and missed customer engagement opportunities
  • These issues decreased sales productivity and hindered market coverage and revenue growth

Objective

  • Optimize sales territories for improved efficiency, balanced workloads, and maximized market coverage

Solution

WorkStream
  • Employed advanced geospatial analytics to analyze demographic data, healthcare facility locations, and historical sales performance
  • Mapped existing sales territories and identified key metrics: population density, healthcare demand, sales potential
  • Pinpointed overlapping territories and underserved high-potential zones
  • Redesigned sales territories for balanced workloads and efficiency
  • Conducted training sessions for sales representatives on new territories and engagement strategies

Impact

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  • Enhanced Sales and Efficiency:
    • –  Increased sales productivity by 15%
    • –  Balanced workload distribution for sales representatives
    • –  Improved customer coverage and market penetration
  • Operational Improvements:
    • –  Enhanced overall operational efficiency
    • –  Better ability to meet revenue targets and improve market share
  • Strategic Advantages:
    • –  Enabled agile response to market demands and customer needs