
Territory Management
Territory management refers to the strategic organization and allocation of resources, responsibilities, and areas within a business or organization. It involves dividing a market into specific regions or segments and assigning sales teams or employees to manage those areas. This approach helps optimize sales efforts, improve customer service, and enhance overall efficiency. Effective territory management balances workloads, ensures coverage of key areas, and aligns resources with business goals, ultimately aiming to increase revenue and customer satisfaction.