The Spiff Blog

JANUARY 9, 2024

Sales ramp-up time can be costly, considering how much training and coaching is required to get new reps up to speed. For one, insufficient training won’t create effective salespeople. Are all their training resources accessible in a centralized location? Prioritize interactive training. Eliminate points of friction.

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. The company responds with a targeted sales training program to enhance negotiation skills and product differentiation. Measure and reward success, but also monitor trends to identify training gaps or new opportunities.

Sales Operations 52

Sales Operations Forecasting Incentives Incentive 52

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

Zoominfo

MARCH 10, 2021

Customers may expect to sign contracts, receive periodic updates, comprehensive documentation, and access to service reps when problems arise. Consequently, B2B startups sometimes offer customer support and training for free to those who need it as an incentive to buy. Don’t do this.

Company 162

Company Hiring Enterprise Enterprise 162

No More Cold Calling

JANUARY 16, 2020

And you will align all systems in your organization—recruiting, training, and compensation—to support the referral selling process. Once you’ve conducted your interviews, compile your answers to these questions and document themes or trends. You may think that because you are hiring experienced people, you don’t need to train them.

Referrals 328

Referrals Sales Management Hiring Scale 328

Hubspot Sales

OCTOBER 2, 2019

High-performing sales teams are twice as likely to provide ongoing training to reps than low performing teams. A sales performance management plan adds structure and accountability to your training process. Having clear, visible goals and incentives builds well-rounded sales professionals. Performance-based compensation.

SAP 119

SAP Oracle Compensation Territories 119

PandaDoc

OCTOBER 30, 2023

Employee engagement increases when the incentives are worth the effort required to do well. When executed properly, contests can dramatically boost sales productivity by offering incentives for high performers. This could be a monetary incentive like a cash prize, or a prize of some significant value. Get the ebook 2.

Sales Process 52

Sales Process Incentives Incentive Hiring 52

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. The assignments can reinforce in-progress training or be given to reps cold, to get a baseline for their aptitudes. Validate training and certify reps.

Coaching 241

Coaching Video Hiring Trade Show 241

Mindtickle

APRIL 10, 2016

Implement these tips in your organization’s training programs and you will ignite the internal drive of your employees! By contrast, when cognitive skills were tested, the financial incentives led to worse performance. Applying Game Mechanics in Online Training and Internal Motivation. A Word On Psychology and Motivation.

Training 52

Training Lead Rank How To Incentives 52

Crunchbase

JANUARY 13, 2022

Sales strategy proves why it’s essential to establish sales goals and quotas based on key metrics or the value of a sales pipeline dashboard, sales methodology can show the worth of documenting a repeatable sales process, and sales organizations give reason to defining and setting talent expectations that drive success and retention.

Compensation 98

Compensation Insurance Insurance Sales Methodology 98

Close.io

FEBRUARY 24, 2020

Sales enablement content optimizations & training tactics. ? This involves giving your sales team the processes, information, technology, and training they need to sell more effectively. We know it includes information, training, tech, and analysis, but what are the practical, real-world aspects of sales enablement?

Sales Enablement 85

Sales Enablement Top of Funnel Hiring Face-to-face 85

Mindtickle

DECEMBER 6, 2023

Step #4: Consider incentives Each member of your sales team should have a clear understanding of how they’re compensated based on individual and team performance. But for some sales goals, you may want to incorporate an additional incentive or reward. It’s important to document those competencies in an ideal rep profile (IRP).

Sales Goal 64

Sales Goal Cold Calling Churn Incentives 64

Mindtickle

APRIL 10, 2016

Implement these tips in your organization’s training programs and you will ignite the internal drive of your employees! By contrast, when cognitive skills were tested, the financial incentives led to worse performance. Applying Game Mechanics in Online Training and Internal Motivation. A Word On Psychology and Motivation.

Training 40

Training Lead Rank How To Incentives 40

Janek Performance Group

MARCH 12, 2024

Many companies tend to underestimate the importance of guidance, training, and support for their new hires, and that tends to be detrimental. Best Practices During the Sales Onboarding Process 1) Invest time and effort into training This is probably the most obvious aspect of onboarding, but also arguably the most important one.

Hiring 62

Hiring Sales Talent Compensation Lead Rank 62

Nutshell

MARCH 19, 2024

Sales training and development Training is an essential part of growth as a sales professional, and your team should receive regular training to help them deliver the results you desire. Motivate with incentives Keep team morale high through inter-team competitions and incentives.

How To 71

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

Jeffrey Gitomer

MAY 22, 2011

Online Training. There is an incentive for that person to maintain or improve his or her performance to stay at the top. KEY POINT OF UNDERSTANDING: Incentives and awards are economic stimuli of the first degree. Dont even think about reproducing this document or its contents without written permission from Jeffrey Gitomer.

Hiring 291

Hiring Social Media Loyalty Incentives 291

Troops

OCTOBER 3, 2018

They’re really excited about the sales tools, product training, and learning how we do things at InVision.”. When changes happen, we communicate these changes with a variety of training resources like videos and detailed documentation in Guru, and alert our teams of the change and supporting documentation over email and Slack.

Hiring 103

Hiring Motivation SalesForce Incentives 103

Pipeliner

JULY 9, 2018

The company offers limited sales skills training and sales mentoring is non-existent. The sales compensation plan does not incent the desired behavior. The company does not schedule weekly sales meetings to gain market feedback and to guide, train and motivate the sales team. The company lacks a documented “sales process”.

Incentives 63

Incentives Incentive Compensation Forecasting 63

Zoominfo

MARCH 10, 2021

Customers may expect to sign contracts, receive periodic updates, comprehensive documentation, and access to service reps when problems arise. Consequently, B2B startups sometimes offer customer support and training for free to those who need it as an incentive to buy. Don’t do this.

Company 100

Company Hiring Enterprise Enterprise 100

Smooth Sale

MARCH 17, 2022

It was not until ten years into my entrepreneurial journey that I received formal sales training. Unfortunately, as my career has developed with international speaking, consulting, and training, I still find that I am the only black woman in the room. Continue to document what works well and that which needs revision.

Scale 78

Scale Hiring Lead Rank Report 78

Hubspot Sales

JANUARY 19, 2018

Once the prospect has invested time in creating a deal plan, they have more incentive to move forward so their work doesn’t go to waste. A good deal plan can be a complex or a very basic document. Set up regular training sessions? If additional documentation or reviews are needed, how long will those processes take?

Closing 131

Closing Tools Sales Cycle ACT 131

Zendesk Sell

DECEMBER 4, 2018

As discussed, traditional incentives between departments are polarizing. Create a training plan that current team members can also participate in. 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

Lessonly

JANUARY 6, 2022

To learn more about this endeavor, we sat down to chat with the team that creates and delivers training to FLEETCOR’s 200+ and counting customer service agents. When FLEETCOR started back in 2000, the way to train included hard-copy manuals that were nearly 600 pages long. Here’s what they shared. . The Challenge. The rest is history.

Hiring 49

Hiring Follow-up Comparison Training 49

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

The Spiff Blog

JULY 27, 2023

For this reason, it’s important to understand and define the different options available within your organization before you even attempt to document your career progression strategy. They are responsible for setting goals, providing training and coaching, and ensuring the team meets its performance targets.

Hiring 73

Hiring Motivation Lead Rank Sales Qualified Lead 73

Your Sales Management Guru

DECEMBER 26, 2017

Compensation and incentive strategies. Coaching and training strategies for improving performance. And continued access to all training material in the program for twelve full months. Enroll now to get instant access to pre-work and initial training videos. How to recruit, interview, and hire top talent.

Sales Management 78

Sales Management Hiring Sales Leadership Course 78

Xactly

APRIL 25, 2018

Picture this: the sales compensation design team has spent months analyzing performance, designing, re-designing, tweaking and modeling the upcoming year’s new sales incentive plans. You think the hard work of design is over, and the rollout can be done by simply distributing the plan documents. Think again….

Compensation 50

Compensation Incentives Incentive How To 50

The Spiff Blog

JUNE 20, 2023

Hard skills can be taught or learned through training. You may be a technical wizard, highly trained in all kinds of billing and cash flow analysis activities, but the results you produce are only as good as your ability to communicate them to key stakeholders. Let’s take a look: Hard skills are job-specific duties required of a role.

Account 90

Account Commission Hiring Compensation 90

Sales Hacker Training

NOVEMBER 21, 2022

Datahug (SAP Sales Cloud) Sometimes, the very process of using the tools that help you sell takes away valuable time you can otherwise spend for customer engagement, training or deal closures. It doesn’t require any downloads and automatically loads the right websites and documents to present at the meeting start.

Sales Tools 52

Sales Tools Tools Ideal Customer Profile Lead Rank 52

Nutshell

NOVEMBER 9, 2018

Document and optimize your follow-up process. In addition to qualifying leads, having a well-documented follow-up process prevents a rep from wondering what to do next. Want to explore tailoring sales incentives for individual members of your team? Ready to see Nutshell in action? Attend a live guided tour! RESERVE YOUR SPOT.

Lead Rank 94

Lead Rank Sales Qualified Lead Lead Scoring Follow-up 94

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. Make more money, faster with CallidusCloud.

Vendor 140

Vendor Hoovers Lead Rank Sales Qualified Lead 140

Openview

MAY 30, 2018

Most plans are crafted around requirements for revenue and training. It is just a matter of layering in various activities or incentives to drive behavior in one direction or another. Review some of the following best practices when laying out your engagement strategy: Establish reasonable training requirements based on partner level.

Lead Rank 70

Lead Rank Lead Scoring Vendor Channels 70

The Spiff Blog

JUNE 9, 2022

That all depends on the root of the problem— 89% of sales turnover is caused by issues with compensation, but poor leadership, lackluster training, and product concerns can also drive your reps out the door ( source ). If a rep is already planning to be gone by then, there’s no incentive to dive into time-intensive sales activities.

Hiring 75

Hiring Commission Compensation Incentives 75

Customer Centric Selling

JUNE 26, 2014

By John Holland, Chief Content Officer, CustomerCentric Selling® - The Sales Training Company. If and when they are successful in doing so, buyers have an incentive to make earlier decisions. Take a look at the sales training workshops available to get started and improve sales performance. Need some help to increase sales?

Buying Cycle 76

Buying Cycle Discount Energy Incentives 76

Nutshell

AUGUST 28, 2023

Effective training and onboarding A clearly defined process simplifies the training and onboarding of new sales team members. Which files, documents, or other content were sent to the lead? Explore Nutshell’s Features Provide training on your sales process In any job, an expert completes better work faster than an amateur.

Sales Process 118

Sales Process Top of Funnel Outsourcing Services Sales Qualified Lead 118

PandaDoc

JULY 11, 2022

The best sales professionals in the world can’t make a positive contribution to your company if you don’t have the capacity to onboard and train them. How much time / what resources do you have to train a new hire? Reward not positive sales performance and positive employee attitudes with both recognition-based and monetary incentives.

Hiring 52

Hiring How To Salary Scale 52

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