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A new normal for meetings and events

Sales and Marketing Management

What does it mean for business events and incentive travel programs? Bauer : There’s no doubt this current crisis has changed the landscape for business events and incentive travel. Bauer: We have already seen some wonderful examples of creativity in our industry, particularly when it comes to giving back.

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How to Use Clawback Clauses in Your Sales Comp Strategy

The Spiff Blog

Most clawbacks require a salesperson to return previously paid commission when a customer churns or cancels their purchase within a designated time period. If a customer cancels their subscription shortly after signing up, the vendor doesn’t earn much from the deal in the long term.

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17 Creative Sales Incentives (Other than Money) to Motivate Your Salespeople

The Brooks Group

What Is a Sales Incentive? . A sales incentive is money or some other type of reward offered to salespeople for selling a particular amount of goods or services. . It’s a great idea to offer options when you’re running a sales incentive program. Here are some creative sales incentives other than money to get you started.

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Everything You Need to Know About Sales Commission in 2019 (For Reps & Leaders)

Hubspot Sales

Will additional bonuses or incentives be a part of the compensation plan? For example, a salesperson might be paid $1,000 for each new customer. For example, if they reach 90% of their quota, they receive 90% of their commission. For example, this would include CRM databases , software, forms, etc. Documentation.

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Sales Contests Reps Love

Janek Performance Group

Spiffs, incentives, or contests, whatever you call them–salespeople love them–when done right. It’s not uncommon to see a new product launch fail because the sales team has zero incentive to promote it. For example, a simple goal may be new client activations. Sales contests are a great tool. Celebrate the Wins.

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How to Plan a Virtual Event That Generates Leads in 4 Easy Steps

Sales Hacker

The cancellation of industry events from the COVID-19 crisis poses a real problem to salespeople who rely on events-based marketing. Conferences and workshops are obviously being canceled, and the associated costs are significant. In the tech sector alone, the direct losses from the cancellation of just 10 events are more than $1.1

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7 Key Elements of a High-Converting Sales Funnel

Sales Hacker

For example, you could send them free eBooks or white papers, connect with them on social media, or make them a special offer. For example, you can send them to a friend or colleague and ask for their opinion. Here’s an example: Send an initial email to thank customers for downloading an eBook or joining your list.