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Sales Incentives Aren't the Only Motivator. How One Company Got Rid of Them

Hubspot Sales

If set correctly, incentives can have a positive effect on your team's behavior. The commission, bonuses, and sales performance incentive funds (SPIFs) you thought were inspiring your team can become more harmful than helpful if reps put their numbers ahead of their customers, who can feel pressured to buy. Source: PFX.

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Top Sales Tools of 2020 and the Digital Sales Revolution

SBI

Citia ClearSlide Crescendo HippoVideo InsideView Mediafly MRP Point of Reference Qstream Revegy Sharetivity StitchView StorySlab TechTarget Turtl Valkre The solutions above are reflective of the exciting innovation we’re seeing in the industry. No question, that launching the Salesforce Appexchange in 2005 altered the industry forever.

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The Science of Motivation

Sales and Marketing Management

Sales manager: I’d like to know what rewards the reps would like for our next incentive. Or maybe you think that incentives have run their course and it’s time to drop them altogether. If you’re thinking of asking your reps what will make the best prize in the incentive program, stop. Are incentives obsolete? Don’t do it.

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How to Use Clawback Clauses in Your Sales Comp Strategy

The Spiff Blog

Clawbacks have been widely used as part of employment contracts across many industries, particularly since the financial crash of 2008, as a means to protect a business against fraudulent activity. If you decide to implement a clawback clause, remember to use it as an incentive and not a punishment.

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Are You Ready to Break the Bias?

Smooth Sale

Henceforth from 2005, my belief about sellers’ relationship with buyers and customers changed. Only 19% of women in sales are in leadership positions— (the sales industry has the second most significant gender equity gap). After completing my Executive MBA, I moved from financial services sales to customer experience consultancy.

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The B2B Marketer’s Ultimate Guide to Reddit

Zoominfo

Since Reddit’s creation in 2005, the platform has earned its title as the “frontpage of the Internet.” Search Reddit for industry keywords to locate the subreddits that align with the topics your brand covers. We recommend offering an incentive to those who check out or engage with posts in your subreddit.

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5 Motivational Sales Stories to Read for Inspiration

Xactly

After you’ve read it all, be sure to check out our top tips from industry experts in this guide on Inspiring Sales Rep Performance.). The Incentive of Getting Fired. Before he founded Xactly Corporation in 2005 with Satish Palvai, Christopher Cabrera, worked at a different organization as SVP of operations.