SBI Growth

OCTOBER 22, 2013

As a sales rep, are you wondering if your compensation fair? Do you have the ammunition you need to receive more compensation? In this article I cover the basics of calculating your sales value. To assist you further, download the Sales Rep Value Calculator. Become world class today.

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Compensation Trends Quota Exercises 300

Sales Hacker

MARCH 30, 2023

If you’re new to sales (or don’t have an economics degree), decoding the sales compensation plan on offer can make your head spin. There are 3 key questions you must ask your hiring manager or recruiter when offered a sales role to maximize your earnings and career potential. You have two sales job offers — how to pick?

Compensation 75

Compensation Hiring Salary Quota 75

Sales Hacker

OCTOBER 7, 2022

Scott Barton, Varicent’s VP of Industry Solutions & 20-year sales compensation industry pro, attended WorldatWork’s 2022 Sales Compensation Conference. Despite these advances, few industry pros currently use predictive or prescriptive analytics for determining sales compensation plan effectiveness.

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Compensation Conference Trends Incentives 77

Understanding the Sales Force

AUGUST 21, 2023

There are eighteen years worth and 2,000 articles and while there are a few popular series of articles listed on the right-side navigation panel, there hasn’t been a way to finding the most helpful articles. To avoid wasting time and chasing opportunities that have ghosted you, read articles about qualifying.

Hiring 156

Hiring Decision Maker Forecasting Face-to-face 156

Understanding the Sales Force

AUGUST 21, 2023

There are eighteen years worth and 2,000 articles and while there are a few popular series of articles listed on the right-side navigation panel, there hasn’t been a way to finding the most helpful articles. To avoid wasting time and chasing opportunities that have ghosted you, read articles about qualifying.

Hiring 156

Hiring Decision Maker Forecasting Face-to-face 156

Sales Hacker

APRIL 19, 2022

In this article, I’ll outline the principles of compensation design , how to build sales compensation plans , and include resources to set OTEs and quotas that keep your reps happy and hungry for more. Why Sales Comp Planning is Key to Rep Retention. Who should be responsible for sales compensation planning?

Compensation 87

Compensation Retention Hiring Commission 87

Understanding the Sales Force

DECEMBER 18, 2013

Understanding the Sales Force by Dave Kurlan. I wrote and posted exactly 100 new articles since my final article of 2012 when I announced your favorite all-time Kurlan article. I''ve chosen 10 from this year''s articles that were either very popular, contained many comments, or thought-provoking. SALES MANAGEMENT.

Decision Maker 204

Decision Maker Compensation Consultative Selling Call-back 204

SBI Growth

JUNE 9, 2021

In years past, if you wanted to build out or strengthen your sales organization, you could simply offer higher compensation than your competitors. The higher sales cost would be greatly outweighed by the revenue that high-performing sales professionals would drive.

Compensation 374

Compensation Revenue Sales Retention 374

Understanding the Sales Force

MAY 6, 2015

Earlier this week I posted an article that explored whether or not a salesperson should be punished for landing a big deal if that same salesperson had nothing else in the pipeline.

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Compensation Commission Pipeline Sales 120

Understanding the Sales Force

APRIL 6, 2012

Understanding the Sales Force by Dave Kurlan The pros and cons of both commission-based sales positions and salaried positions have been well-documented, so we won't be discussing that in this article. Let's talk about something other than questioning which compensation plan is best for your company and its salespeople.

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Compensation Salary Commission Positioning 195

Understanding the Sales Force

NOVEMBER 10, 2023

And “We don’t know what we don’t know about sales” is a true statement in most companies. As a result, they can’t anticipate when in a sales cycle or sales process they will be impacted, and don’t have the awareness to take steps to work around it and improve.

Company 212

Company Hiring Scale Forecasting 212

Sales Hacker

JULY 14, 2023

Do you have any suggestions for structuring an incentive package to optimize for sales/revenue efficiency?” Kyle Norton , SVP Sales & Partnership at Owner: I don’t actually think it makes a ton of sense to build this into a comp plan. I sometimes see companies put a large % on closed won revenue and I’m not a fan.

Incentives 52

Incentives Incentive Compensation Hiring 52

Understanding the Sales Force

JULY 6, 2022

The first page of results was filled with self-serving articles from companies like Gong (artificial intelligence for digital prospecting), Hubspot (marketing platform) and more urging you to leverage their platforms so that you don't have to rely on salespeople.

Retention 193

Retention Customer Hubspot Compensation 193

SBI Growth

NOVEMBER 21, 2018

Article Corporate Strategy Sales Strategy Talent Strategy 2018 2019 A-Players address concerns address issues align talent align talent with potential b players boss build your bench c-players calculate candidates ceo comp compensation creat a plan create a plan departure estimate Drew Zarges exodus external gut bunch identify suspects internal invest (..)

Sales Talent 223

Sales Talent Territories Compensation Retention 223

SBI Growth

OCTOBER 4, 2019

As Summer wraps up and a successful third quarter draws towards a close, it’s time for sales leaders to start looking towards 2020 and beyond as part of the annual planning process. Amongst the plethora of reports and discussions to.

Compensation 228

Compensation How To Report Closing 228

Sales Training Connection

DECEMBER 5, 2012

Sales Compensation + Sales Strategy. Sales compensation systems and sales strategy have long been established factors that impact sales performance. There are countless books and articles on sales strategy. One answer is designing specific sales training to address the dilemma.

Compensation 107

Compensation Strategy System Knowledge Base 107

The Pipeline

DECEMBER 18, 2014

In this article I penned for November issue of Sales and Service Excellence Essentials , I challenge and suggest an alternate way to spend incentive cash, and actually driving right behaviours that lead to results (revenues), and actually sustain both. Read the piece here: Rethinking Sales Incentives Then comment below.

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Incentives Incentive Compensation Sales Qualified Lead 276

Understanding the Sales Force

FEBRUARY 28, 2023

Today's article is different from most of my other articles because there is no opening analogy, very little data, and a complete lack of humor. It's such a serious article I was ready to delete it before I clicked the publish button. If you don't like the subject, the content or the writing, it's OK.

Data 309

Data Sales Compensation Company 309

Understanding the Sales Force

DECEMBER 13, 2012

Understanding the Sales Force by Dave Kurlan As we prepare for the holiday and year-end, I'm also preparing for this blog's 1,000th article. That's right; since 2006, I've posted nearly 1,000 articles. Then, on Thursday, December 20, we'll post the winning article. Sales Motivation (very motivational).

Hiring 163

Hiring Compensation Motivation Study 163

Hubspot Sales

OCTOBER 25, 2023

The piece got decent traction, was fun to write, and produced some interesting perspectives on both sides of the argument — so I figured it might be worth it to try the process again with another hot-button sales issue. Argue from the perspective of 'sales commissions are ineffective and should be done away with.'

Commission 97

Commission Compensation Retention Salary 97

SBI Growth

MARCH 26, 2018

A new sales comp plan should seek to (a) attract and retain top sales talent, (b) motivate productive sales activity, and (c) remain within budget. One requirement of comp plans that is too often overlooked, however, is establishing and maintaining.

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Compensation Objections Sales Talent Motivation 176

SBI Growth

AUGUST 3, 2018

Your sales organization has just missed plan for a third straight month. It is approaching the end of September. And based on current performance, your organization will narrowly miss its year-end revenue targets. You hope it’s only a narrow miss.

Compensation 159

Compensation Revenue Sales Territories 159

SBI Growth

JUNE 20, 2014

Don’t over-compensate the Sales team to sell the new product. Reward Product Management and Customer Support with sales incentives. This may sound counter-intuitive, but I’ll explain in the rest of the article. CEO CEO Resources New Product Compensation'

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Compensation Incentives Incentive Resources 296

Crunchbase

JANUARY 13, 2022

This article is part of the Crunchbase Community Contributor Series. Please note that the author is not employed by Crunchbase and the opinions expressed in this article do not necessarily reflect official views or opinions of Crunchbase, Inc. The same goes for the health of your sales department.

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Compensation Insurance Insurance Sales Methodology 98

Hubspot Sales

FEBRUARY 2, 2022

Any professional, across every field and experience level, needs to have a solid understanding of how they're compensated — after all, that's literally the reason you're working in the first place. Your base salary is one of the key elements you need to account for when getting that picture of your compensation package.

Salary 92

Salary Compensation Incentives Incentive 92

Understanding the Sales Force

APRIL 4, 2024

Assessments Compared Data on Sales Excellence Coaching Salespeople MUST READ: Are Assessments as Evil as the Persona Movie Suggests? The Caliper vs OMG Comparison: Which Sales Candidate Assessment is More Predictive? How to Transform Your Sales Pipeline Today Can Malcom Gladwell Explain the Sales Hiring Problem?

Hiring 149

Hiring Sales Leadership Sales Forecasts Forecasting 149

RAIN Group

FEBRUARY 20, 2019

This RAIN Group article was originally published on the LinkedIn Sales Blog. Some sales leaders believe that a quota and an attractive compensation plan are enough to ignite the hustle, passion, and intensity in a seller. But there's much more to motivation than compensation.

Motivation 107

Motivation Compensation Quota LinkedIn 107

Xactly

MARCH 22, 2018

Most of the time when I speak about the middle performers, it is because I am trying to convince a sales leader that there is value in focusing on the middle performers rather than explaining the sales incentive tools available to increase their performance. Or, keep reading for more sales plan ideas.

Compensation 64

Compensation Motivation Commission How To 64

SBI Growth

AUGUST 29, 2018

It’s December 25th, 2018. You are sitting around the Christmas tree with your wife, two kids and black lab—Duffers. You hear the crackle of the fireplace as another log gets added to the fire. The kids are smiling from ear.

Territories 184

Territories Compensation Revenue Industry 184

SBI Growth

NOVEMBER 9, 2022

CEOs in attendance are fielding questions about cost-cutting measures, and most are shifting operating expenses from compensation and Customer Success into Sales and Product. SBI’s last CEO growth advisory board meeting of 2022 was held last month, and the conversation followed two big themes - recession and talent.

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Compensation Meeting Conversion Customer 177

The Spiff Blog

SEPTEMBER 7, 2023

As a sales leader, you already know that effective sales performance management isn’t just setting lofty sales targets and then pushing your team to achieve them. These pillars include organizational alignment, robust reporting, ongoing professional development, incentive compensation, and sales enablement.

Incentives 83

Incentives Incentive Scale Compensation 83

Smooth Sale

NOVEMBER 17, 2023

This article explores the signs indicating a mismatch between a candidate and a position, shedding light on the common pitfalls of hiring and delving into why promising talents may turn down job offers. Stand Up and Walk When Necessary Sales Tips: Are You Hiring the Wrong Candidates Or Know the Reasoning For Job Rejections?

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Hiring Compensation Sales Qualified Lead Lead Rank 78

Partners in Excellence

MAY 13, 2016

This morning I get a call, it’s the CEO and VP of Sales on a conference phone. Apparently, they had read my recent article: We’ll Fix Performance Problems In The Commission Plan. I probed, asking some questions about the compensation plan. Compensation is always an element of performance management.

Compensation 48

Compensation Commission Conference System 48

OpenSymmetry

JULY 20, 2016

Sales in the pharmaceutical industry has been a rigid and consistent business. Tactics may have changed, but for the most part these sales teams still run on a commission or quota based metric determined by well-planned territories.

Pharmaceuticals 40

Pharmaceuticals Compensation Incentives Incentive 40

OpenSymmetry

JULY 20, 2016

Sales in the pharmaceutical industry has been a rigid and consistent business. Tactics may have changed, but for the most part these sales teams still run on a commission or quota based metric determined by well-planned territories.

Pharmaceuticals 40

Pharmaceuticals Compensation Incentives Incentive 40

Sales Hacker

AUGUST 26, 2021

That’s how my friend Stacey describes the way sales compensation plans have changed over the last 15 years of her SaaS career. Why do sales compensation plans have to be so complex? Sales compensation was set up to ensure that reps are suitably rewarded for their performance. Ramp policy.

Commission 96

Commission Compensation Incentives Incentive 96

Understanding the Sales Force

MARCH 23, 2015

Today I will explore the least-read articles I have ever written. It''s very fashionable - and a best practice - to continue promoting the most-read, most-liked, most-favorited, most-shared, most-tweeted and most-commented articles; but I don''t think anyone has gathered up their worst work and said, "Look at this!" That''s right.

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Sales Process Closing Training Sales Methodology 120