The Spiff Blog

JANUARY 9, 2024

With 2023 in the rearview mirror, business leaders find themselves reflecting on their Q4 results and simultaneously charting the course for the forthcoming year. What does this mean for sales teams? If you’re responsible for reaching demanding sales targets, you must be more dynamic and strategic in 2024. Let’s get into it!

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Banking Hiring Churn Scale 84

Partners in Excellence

JULY 14, 2022

While in dining, I can skip courses, in selling, we can’t skip anything. I’ve seen numerous discussions around, “our people aren’t doing the prospecting needed to fill their pipelines, but if we compensate them on their prospecting efforts, we can incent them to do the work… ” Huughh????

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Incentives Incentive Commission Compensation 75

The Spiff Blog

OCTOBER 6, 2022

But remember that while the execs are driven by revenue and low customer churn, your sales reps are driven by their incentive compensation plans. Sales reps are trained to track dollars and revenue (yes, you’ve taught them well), so of course they’re going to track their own. Prioritize a positive sales culture.

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Commission Compensation Churn Incentives 75

Your Sales Management Guru

JANUARY 9, 2017

KEN: Normally I do not use this blog to promote, but I have had many readers inquire about out training programs and I wanted to let everyone know about this special opportunity. The New Sales Manager Boot Camp. We have too much to do, we don’t have time to build a sales organization. For the New Sales Manager.

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Sales Management Hiring Compensation Incentives 28

MTD Sales Training

SEPTEMBER 28, 2011

Sales incentive contents can be a positive force to help motivate your sales people to new levels of productivity and loyalty. Alternatively, poorly constructed or inequitable sales challenges can result in anti-productive activity, resentment and rebellion. Beat the Boss. Lead By Example. Happy Selling! Sean McPheat.

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Motivation Infusion Construction Incentives 120

Partners in Excellence

OCTOBER 28, 2020

Of course, when we look at the forecast and realize we are going to miss the goal, we pull out all the stops figuring out what we can make happen to close the gap with the goal. Can we pull something in, can we offer an “incentive (read discount),” can we perform a miracle.

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Forecasting Incentives Incentive Sales Forecasts 67

Cincom Smart Selling

FEBRUARY 9, 2016

New product rollouts and availability should be preceded by training, collateral distribution and sales support materials. Sales/Marketing Programs – Compensation plans, incentive plans, territory plans, market segmentation and special campaigns should be well understood and in place prior to starting any sales activity with a partner.

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Channels Sales Management Sales Qualified Lead Collateral 83

The Pipeline

DECEMBER 16, 2011

Secondly, most – not all – but a very high percentage of courses on offer today deliver what I term “generalized” skills development. Sales training is many times the wrong first solution because it does not address the real problem, but rather a symptom that being poor sales so let’s train our people.

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Pipeline Training Twitter Hiring 230

Crunchbase

JUNE 28, 2021

We are honored to feature and promote their contribution on the Crunchbase blog. Your sales team is the backbone of your company, and your employees are just as vital to business success as your customers. You can’t simply train your sales reps once, send them out into the world, and expect them to adapt to new challenges without fail.

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Webinar Metrics Training Strategy Software 111

Mindtickle

JANUARY 19, 2023

In this blog post, we’ve rounded up sales productivity stats from the leading research firms and vendors in the sales enablement space to put together stats bucked into a few different categories: customer experience; rep time management; sales managers; sales enablement; and technology usage.

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Strategy Cold Calling Lead Rank Lead Scoring 52

Sell Integrity

JANUARY 28, 2021

Every sales leader can relate to that pit-in-the-stomach feeling when a star sales rep says they’re moving on. Of course, that’s the case when any employee leaves, but the full cost of sales rep turnover can be particularly high. firms spend $15 billion a year training salespeople and another $800 billion on incentives.

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Hiring Face-to-face Coaching Salary 114

Close.io

JUNE 20, 2018

with a distributed team: And in this blog post, we want to break down some of the steps to maintaining a quality culture for a remote sales team. If your remote sales team doesn’t have concrete sales goals and objectives to work toward, their natural instinct will be to go through the motions. for all sales activity.

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Hiring Face-to-face Objections Inside Sales 127

Sales Hacker

FEBRUARY 15, 2018

While The Revenue Summit is a phenomenal destination for c-level enterprise leaders, we’ve got something for everyone, so don’t count yourself out if you’re in junior sales, sales management, or if you’re a demand generation marketer. Read our blog – HERE. Follow Us – @SalesHacker.

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Top of Funnel Revenue Marketing Marketo 66

OpenSymmetry

OCTOBER 28, 2016

Many Sales Enablement investments pay off in the course of 12 months or more; however, heads of sales departments have quarterly objectives, so they must somehow saddle and ride the horse at the same time. So where does a sales VP place their bets? The post Is Your Compensation Plan Driving Sales to the Wrong Finish Line?

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Compensation Incentives Incentive Decision Maker 40

Your Sales Management Guru

NOVEMBER 28, 2017

Align Sales Compensation with Your Goals A compensation plan that works. Note: This week’s blog is an excerpt from my new book: “Creating High Performance Sales Compensation Plans”. Some pay commission based on sales, while others only pay on margin; still others blend both with incentives and special bonus plans.

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Compensation Margin Commission Salary 68

Sell Integrity

JANUARY 6, 2021

Money and incentives matter, but this year more than ever they’re only part of the sales retention story. While the salesperson has to have a strong belief in his or her own abilities, the manager’s belief in the person is also pivotal, because when they see potential, a promising salesperson will rise to the occasion.

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Pivotal Hiring Loyalty Coaching 71

A Sales Guy

JULY 23, 2014

Note: This blog post is an excerpt from my new book: “Creating High Performance Sales Compensation Plans”. Some pay commission based on sales, while others only pay on margin; still others blend both with incentives and special bonus plans. Understanding Cost of Sales. Blog: www.YourSalesManagementGuru.com.

Compensation 120

Compensation Margin Commission Salary 120

Anthony Cole Training

MAY 3, 2010

Sales Coaching (40). sales coaching skills (10). sales competencies (12). sales development (55). sales excuses (15). Sales Force (5). sales goals (29). sales improvement (22). Sales Jobs (5). sales leadership development (4). sales management (49). sales people (8).

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Hiring Ideal Customer Profile Motivation Webinar Metrics 120

Sales Hacker

MAY 6, 2021

Great VPs of sales have gravitas and tact, command the room and hold their end of the table regardless of who is on the other side. They’ll rip apart your CRM and replace your opportunity fields with their proven-and-trusted sales methodologies and scoff if you try to rehearse Sandler, Challenger, or MEDDIC selling to them.

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Hiring Retention B2C Demand Generation 93

PandaDoc

DECEMBER 13, 2018

Not only is gamification popular, it’s a proven and effective sales performance booster. 71% of sales managers said when they implemented it amongst their sales team they saw an 11% to 50% improvement in sales performance. In this post, we’ll share ways you can gamify your sales process to increase your revenue.

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Sales Process Hiring Proposal Channels 83

Your Sales Management Guru

NOVEMBER 28, 2016

Some pay commission based on sales, while others only pay on margin; still others blend both with incentives and special bonus plans. Your sales management team must understand your company’s overall goals and structure compensation to align with them. His blog has been rated in the sales blogs in the world!

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Compensation Margin Hiring Commission 0

Your Sales Management Guru

OCTOBER 7, 2014

Some pay commission based on sales, while others only pay on margin; still others blend both with incentives and special bonus plans. Your sales management team must understand your company’s overall goals and structure compensation to align with them. Blog: www.YourSalesManagementGuru.com.

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Compensation Margin Hiring Commission 81

Zendesk Sell

MARCH 21, 2019

Aligning sales and marketing teams is a struggle for many companies. The sales department grows frustrated because they don’t have the necessary material (i.e., blog posts, white papers, eBooks) to make a sale. Therefore, marketing may become annoyed when sales doesn’t even use what they produce.

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Lead Rank Marketing Qualified Lead CRM Sales Qualified Lead 68

LeadFuze

MAY 17, 2021

What is a Sales Manager. A sales manager is a person that’s responsible for building, leading, and managing a sales team within an organization. . A sales manager will work closely with managers of other departments, as well as communicate with prospects and customers on a regular or semi-regular basis.

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Paid Content Sales Management Hiring Lead Rank 98

Cincom Smart Selling

MARCH 13, 2017

I remember working with one sales organization that formalized the order approval process to such a degree that it meant adding a week to almost any sales cycle. Each order went through the following checks: The sales manager confirmed pricing and evaluated commission processing. Where Do You Start? How are deals built?

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Software Software Discount System 59

Paul Cherry's Top Sales Techniques

NOVEMBER 9, 2010

Sales Training & Management Workshops | 302-478-4443. Corporate Sales Training. → On-Site Sales Training. → One-on-One Sales Coaching. → One-on-One Sales Coaching. Sales Management Training. Overview Training Options for Managers. → Management Training On-Site.

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System Pharmaceuticals Incentives Incentive 49

SBI

OCTOBER 16, 2012

And the small number of exhibitors means attendees have plenty time for quality conversations with solution providers and to learn first-hand, how they might impact sales. Of course I am keen on seeing and meeting with the exhibitors that are on hand. Challenge Your Company to Think Differently about Sales Enablement.

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Conference Social Selling Data Marketing 131

Anthony Cole Training

MARCH 19, 2010

Sales Coaching (40). sales coaching skills (10). sales competencies (12). sales development (55). sales excuses (15). Sales Force (5). sales goals (29). sales improvement (22). Sales Jobs (5). sales leadership development (4). sales management (49). sales people (8).

Hiring 136

Hiring Ideal Customer Profile Motivation Webinar Metrics 136

Cincom Smart Selling

DECEMBER 8, 2016

Demonstrate how the technology works, and highlight both the rational and economic benefits both for sales managers and for each member of the sales team. IT managers have their work cut out. One lousy experience with a sales agent, and there goes a new customer, and possibly an incentive payout.

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Sales Technology Software Software Proposal 61

Pipeliner

DECEMBER 20, 2017

Note: This blog is an excerpt from my new book Creating High Performance Sales Compensation Plans. Some pay commission based on sales, while others only pay on margin; still others blend both with incentives and special bonus plans. Understanding Cost of Sales. A compensation plan that works.

Compensation 58

Compensation Margin Commission Salary 58

Cincom Smart Selling

FEBRUARY 23, 2016

Sales managers have every right in the world to be informed of everything going on in their territories. If a sales manager sees a month of no CRM activity posted by a sales rep, they need to place that individual on an improvement program or show them the door. No commissions are paid; no exceptions.

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CRM System Policies Incentives 59

The Spiff Blog

JANUARY 12, 2023

But here are some resources we recommend checking out to improve performance and rep experience by retooling your comp plans: 6 Signs Your Commission Management Solution is Working Against You. How to Motivate Sales Managers with Compensation Strategy. Creating Compensation Plans for Sales Engineers.

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Compensation Hiring Commission Face-to-face 67

Jonathan Farrington

DECEMBER 8, 2011

There are many time management systems around, they usually involve attendance on training courses and the purchase of a vast amount of specially designed documentation. And on Top Sales Management , Paul McCord shares why when it comes to sales training, new does not necessarily mean better – HERE.

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How To System Incentives Incentive 32

Chorus.ai

MARCH 5, 2021

Setting clear goals for your sales strategy is just as important, helping establish company-wide performance expectations and giving your salespeople the incentives they need to excel. However, the profile of your team breaks down, get together with each of your reps individually , and customize incentives within your sales strategy.

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Top of Funnel Webinar Metrics Strategy Buyer Persona 113

Apptivo

OCTOBER 7, 2022

It has to clearly chart out the roles and responsibilities of every member of the sales team. It sets the direction for how a business should pursue sales. Sales managers can build on various dimensions of the sales strategy canvas based on the laid-out path & direction. Monitor the progress of the sales team.

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Top of Funnel Incentives Incentive Objections 19

Your Sales Management Guru

OCTOBER 3, 2011

Align Sales Compensation with Your Goals. Note: This weeks blog is a excerpt from my new book: “Creating High Performance Sales Teams” When it comes to how businesses pay their salespeople, there’s no one-size-fits-all approach. Understanding Cost of Sales. A compensation plan that works.

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Compensation Margin Commission Salary 65

Vengreso

NOVEMBER 2, 2021

Of course, promotions should always be supported by providing proper training to ensure they can succeed at the next level. But, creating a culture of learning and performance is a great way to keep your sales teams constantly improving and primed for excelling at higher levels.

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Hiring Promotion Ideal Customer Profile Coaching 84