The Spiff Blog

JANUARY 9, 2024

The documentation you provide to sales reps— playbooks, call scripts, etc.— When every rep is comfortable with analyzing data, identifying patterns, and interpreting prospect behavior, they’ll become increasingly targeted and efficient in their day-to-day selling efforts. Prioritize interactive training.

Banking 84

Banking Hiring Churn Scale 84

Highspot

FEBRUARY 25, 2024

We’ll talk about how good leadership, special sales incentives, and clear jobs can help make sales ops better. Personalize Sales Incentives Sales ops teams, with their access to sales data and analytics tools, are uniquely positioned to transform incentive programs.

Sales Operations 52

Sales Operations Forecasting Incentives Incentive 52

LeadFuze

DECEMBER 31, 2021

The Complete Guide to Prospecting for Sales Using Proven Outreach Techniques. Need Help Automating Your Sales Prospecting Process? What is Sales Prospecting? What are the best ways to prospect in sales? What does Sales Prospecting means? Prospecting is the first step in sales. What is prospect in sales?

Prospecting 52

Prospecting Hiring Social Media Ideal Customer Profile 52

Hubspot Sales

JANUARY 19, 2018

I’m a big believer in preparation, so whenever I can, I create a deal plan with my prospect. The deal plan should cover whatever your prospect suggests but will generally encompass the remainder of the sales cycle, how to sell the product internally, and the implementation of the product. Why You Should Create a Deal Plan.

Closing 131

Closing Tools Sales Cycle ACT 131

No More Cold Calling

JANUARY 16, 2020

Whether you are a CEO, vice president, or sales manager, you have a central role in your company’s sales process and in the decision to transition from vapid outbound prospecting to selling through referrals. So, your first action is to SHOW your sales team your commitment to prospecting through referrals. Create company metrics.

Referrals 328

Referrals Sales Management Hiring Scale 328

Janek Performance Group

SEPTEMBER 13, 2023

Let’s look at how sellers can leverage referrals to boost their networks and grow their business: Advantages In sales, proof is gauged by measured and documented success. What specific incentives do you offer, such as discounts or special offers? This is not just limited to prospects and clients. Help your customer help you.

Referrals 62

Referrals Networking Social Media Ideal Customer Profile 62

PandaDoc

APRIL 20, 2022

To clear this up: Outbound sales refers to the process of reaching out to prospects who haven’t indicated a direct interest in buying the product or service you want to sell. This is the opposite of inbound sales, where the prospect comes to you by volunteering their information (filling out a form, requesting a demo, etc.)

Outbound 98

Outbound Top of Funnel Strategy Ideal Customer Profile 98

Nutshell

MARCH 19, 2024

Faster onboarding: After building more efficient and effective processes, you’ll have a fine-tuned prospecting, qualifying, and lead nurturing system that makes it easy for new recruits to get up to speed. Sales teams have adapted to this, spending far more time interacting with prospects and customers via online channels.

How To 71

How To Sales Qualified Lead CRM Face-to-face 71

Apptivo

OCTOBER 3, 2022

Activities that are focused on getting prospects to notice the brand, its business proposition, and its value offerings are typical strategies to attract potential customers. The goal is to ensure that the prospect is aware of the brand as it lowers the barriers when the actual sales call / sales interaction is made. Strategies: 1.Engagement

Marketing 98

Marketing Lead Rank Lead Scoring Campaigns 98

Hubspot Sales

OCTOBER 2, 2019

Having clear, visible goals and incentives builds well-rounded sales professionals. To measure sales productivity, look at the following metrics: Percentage of total hours spent prospecting. Many reps have identified skills they want to build or improve upon , such as effective prospecting or presenting in front of groups.

SAP 119

SAP Oracle Compensation Territories 119

MTD Sales Training

NOVEMBER 1, 2011

The value of face to face selling at exhibitions is well documented, so in these testing times, where we all have fewer customers with less money to spend, it is imperative that we plan ahead and train our stand personnel to work harder and smarter than our competitors. Give staff incentives to encourage activity and accuracy.

ROI 290

ROI Maximizer How To Face-to-face 290

Sales and Marketing Management

JULY 21, 2019

Sales coaching like this has many documented benefits – from reinforcing training, to culling and promoting best practices, to even positively impacting the bottom line. Success stories (“How I won the deal”), advice (“How I reignited interest with a prospect who went dark”) and more can be stored for central access. Host contests.

Coaching 241

Coaching Video Hiring Trade Show 241

SBI

JUNE 23, 2010

Prospects hold onto orders because they’re too busy, or too distracted by other things. Financial incentives and personal pleas are two options for changing a buyer’s behavior. Get the contract while the prospect is still on the phone. or whether the prospect faxed it and it just “didn’t go through”. No excuses.

Prospecting 77

Prospecting Incentives Incentive eBook 77

Jeff Shore

JULY 31, 2018

If I didn’t have all these other administrative tasks, I would have more time for prospects.”. We crave the sale, but despise the documentation that goes along with it. The competition has a lower price/bigger incentives.”. Losing a sale is never about price or incentive. Just do it. “The

Incentives 76

Incentives Incentive How To Buyer 76

Zoominfo

MARCH 10, 2021

Customers may expect to sign contracts, receive periodic updates, comprehensive documentation, and access to service reps when problems arise. An active sales team can help educate your prospects and sell at non-discount rates. Transactional sales models tend to be high-risk and high-reward with a higher volume of sales. Don’t do this.

Company 100

Company Hiring Enterprise Enterprise 100

Nutshell

NOVEMBER 9, 2018

They dislike cold calling prospects.”. Because we don’t have a system for qualifying prospects before we call them.”. ” One of the most common reasons why sales teams underperform is the lack of a formal prospect qualification process—or the lack of a sales process altogether. Document and optimize your follow-up process.

Lead Rank 94

Lead Rank Sales Qualified Lead Lead Scoring Follow-up 94

Zendesk Sell

DECEMBER 4, 2018

Prioritized support for big customers and hot prospects. As discussed, traditional incentives between departments are polarizing. Answer the following questions: What type of incentives and performance metrics are currently being used to measure employee success? Establish a documentation procedure.

Customer Service 121

Customer Service Customer How To Lead Rank 121

Pipeliner

JUNE 10, 2022

Lack of preparation adds more stress to an already high-pressure task, but it also turns prospects off. This could be when a prospect starts asking you personal questions or tries to pursue you romantically. It could also be when a prospect starts cursing at you. Each prospect’s objections will be different.

Sales Qualified Lead 97

Sales Qualified Lead Objections Follow-up Decision Maker 97

Nutshell

AUGUST 28, 2023

A sales process is a set of repeatable steps that your sales team takes to convert prospects into customers. Prospecting Also known as lead generation, prospecting involves identifying potential buyers to add to the top of your sales funnel. It is best practice to target your ideal buyer persona throughout prospecting efforts.

Sales Process 118

Sales Process Top of Funnel Outsourcing Services Sales Qualified Lead 118

PandaDoc

APRIL 18, 2023

At the same time, it’s a clear signal to other prospects looking to conduct business with you: 49% of clients use online reviews as a basis for decision-making, while 60% also deem them trustworthy. That being said, asking clients for a review can easily become an awkward prospect to pursue. Need more info about PandaDoc forms?

Policies 52

Policies Incentives Incentive Travel 52

Hubspot Sales

JULY 22, 2020

But, sales professionals cannot rely on cold calls and haphazard prospect visits if they want to meet their sales goals and make it into the top 10%. When your email arrives at the top of your prospect's inbox at a time that aligns with their schedule, you increase your email success rate. HubSpot Email Scheduling. Pricing: Free.

Tools 108

Tools Closing Territories Hubspot 108

Janek Performance Group

MARCH 12, 2024

2) Don’t Ignore the Candidate’s Red Flags Perhaps your prospective sales rep has an impressive resume, one which lists a series of excellent sales positions with an exciting range of duties, goals, and accomplishments. What matters is the potential mentor’s approach to sales and prospecting. 5) Exit Interview: What Went Wrong?

Hiring 62

Hiring Sales Talent Compensation Lead Rank 62

Close.io

JUNE 20, 2018

Without ambitious goals to strive for, they have no incentive to put their best foot forward. Prospective inside sales reps should know exactly what their responsibilities and objectives will be so that if they’re hired, they’ll fit seamlessly into the team. Create a process-driven sales culture. Get the right tools for the job.

Hiring 127

Hiring Face-to-face Objections Inside Sales 127

Hubspot Sales

JANUARY 17, 2018

Selling is about providing value to your prospects without expecting anything in return. But you’ve got to really want to help your prospects. For the record, I offered her a breakfast sandwich as incentive, but she declined. She said getting out of her rut was incentive enough. Practice Good Self-Talk. Work Your Spiffs.

Call-back 99

Call-back Incentives Incentive Motivation 99

PandaDoc

MAY 26, 2022

Without a clear and documented plan to help your sales team position your products and services directly to buyers, the risk of misinterpretation, miscommunication, and costly errors increases dramatically. Build more effective sales documents with PandaDoc! Ask yourself: What incentive are your competitors offering?

Strategy 52

Strategy Buyer Persona Top of Funnel How To 52

Miller Heiman Group

APRIL 9, 2019

This systematic evaluation of the opportunities, strengths and vulnerabilities associated with an account provides a complete analysis of a prospect. A Charter Statement is a high-level document that also ties directly to concrete, relation-based accomplishments your team wants to achieve in a large account.

Account 92

Account Incentives Incentive Decision Maker 92

Sales Hacker

SEPTEMBER 24, 2022

Each funnel stage defines your steps to turn prospective buyers into customers, even if they’ve never heard of your business before. I’m the head of Product at Datanyze, specializing in sourcing up-to-date prospect contact info to keep your pipeline flowing and sales funnel fresh. And then there’s the sales funnel.

Paid Content 118

Paid Content Top of Funnel Funnel Ideal Customer Profile 118

SBI

OCTOBER 23, 2017

Docusign @DocuSign DocuSign is changing how business gets done by empowering more than 300,000 companies and 200 million users in 188 countries to sign, send and manage documents anytime, anywhere, on any device, with confidence. Salespeople spend more time closing business, not chasing leads.

Vendor 140

Vendor Hoovers Lead Rank Sales Qualified Lead 140

Hubspot Sales

OCTOBER 3, 2017

But early on in younger sales teams, most of the reps take on all the responsibilities in the sales process -- from prospecting to closing. 2) Implement proper incentives for compensation. It’s important to have the right incentives in place so your employees are driven to hit their targets. 1) Don’t scale too quickly.

Scale 81

Scale Hiring Strategy Compensation 81

Smooth Sale

MARCH 17, 2022

A 2019 study by incentive solution provider Xactly reported that 86% of women achieved quota, compared to 78% of men. The book documents how dozens of diverse women around the globe shattered the glass ceiling to become leaders in professional sales. Continue to document what works well and that which needs revision.

Scale 78

Scale Hiring Lead Rank Report 78

Sales Hacker

MARCH 30, 2021

Leveraging the next generation of artificial intelligence, the platform allows sales reps to deliver consistent, relevant, and responsible communication for each prospect every time, enabling personalization at scale previously unthinkable. Sam Jacobs: I’m always interested in how incentives drive behavior. Check out Outreach.io

Oracle 102

Oracle Scale SalesForce Incentives 102

Hubspot Sales

JUNE 21, 2018

You will get rejected by prospects multiple times a day, there are some months when you won't hit your number, and losses are just part of the job. Intrinsic motivation is a more powerful force than extrinsic motivation, which drives you to act because of incentives like money, recognition, or praise. Remind yourself of your wins.

Motivation 145

Motivation Exercises Journal Energy 145

A Sales Guy

JUNE 21, 2012

” I hear more clients and prospects approach their problems with; “We just need to do create a new comp plan.” When we operate from the attitude of we’ll just create a new comp plan, we don’t document the desired outcomes of the comp plan and end up creating one that doesn’t incent the right behaviors.

Hiring 118

Hiring Commission Inside Sales Incentives 118

Pipeliner

SEPTEMBER 5, 2019

Yes, some problems in a seller’s funnel come about because management put inappropriate incentives in place. Lack of visibility is often a product of dysfunctional incentives. If the documentation/data entry burden is high on early-stage deals, sellers logically avoid a high cost-benefit hassle. Have Regular Cadence.

Top of Funnel 75

Top of Funnel Funnel Lead Rank Lead Scoring 75

Close.io

OCTOBER 1, 2018

While all sales manager undoubtedly need hands-on experience converting prospects into customers themselves, there are a wide range of other (equally important) sales manager skills you’ll need to command in order to excel in this role. Mentoring individual sales reps and administering incentive programs. That’s what leadership is.

Sales Management 115

Sales Management Hiring Lead Rank Forecasting 115

Cincom Smart Selling

MARCH 13, 2017

Legal reviewed the proposal and contract documents, and anything other than standard language resulting in delays. All of this reviewing was done by faxing copies of the order documents around the company for approvals, modifications or denials, which were faxed, phoned or mailed back to the sales office. Where Do You Start?

Software 59

Software Software Discount System 59

Hubspot Sales

JANUARY 16, 2020

For example, if you’re meeting with highly technical prospects they’ll likely want to dive into your products architecture and how it will relate to their own infrastructure. This information is critical for self improvement, nailing the follow up, and creating an overall better experience for your prospective customers.

Sports 90

Sports Scale Up-Sell Follow-up 90