Better Aligning Resources Lead to Massive Growth
Situation/Opportunity:
GumGum had 1 senior Detroit salesperson and 2 junior salespeople covering Minneapolis accounts when I'd started. Minneapolis was under-performing (35% to goal) and Detroit was overly dependent on auto revenue (more than 90%). Also, prior to my arrival all Indiana and Ohio accounts had been moved from my region (Midwest) to the East region following a sales rep departure, further reducing my territory's ability to grow. A change in personnel and territory structure was needed to boost performance, but that required data-backed convincing of GumGum executives.
Action:
One Minneapolis salesperson moved to our West Coast office, and the other was let go for poor performance. I convinced our CFO, CRO, and HR team that we could accelerate growth by replacing the 2 junior Minneapolis salespeople with 1 senior salesperson with a larger network of established contacts. Additionally, I was able to get an extra salesperson hired in Detroit to cover not only all non-auto business, but to bring Indiana and Ohio back into our region's goals and revenue as well.
Result:
I was able to hire a senior Minneapolis saleswoman within 2 months, and within the next 15 months she achieved GumGum's all-time highest run rate in the Minneapolis sales territory. In Detroit, having a 2nd salesperson in-region caused a healthy competition between the 2 salespeople, landing GumGum 10 new business clients within a year, and renewing a stagnant relationship with automaker Stellantis
Defining Metric:
Rebuilt Midwest sales team, tripling Minneapolis revenue to $1M+ in 15 months and landing 10+ new clients in Detroit—GumGum's top new biz territory in 2023 through strategic hiring.