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Will These 6 Tests Save 2013’s Sales Compensation Plan?

SBI Growth

Let’s suppose HR is fully engaged for redesign of a 2013 Sales Compensation plan. But wait – this new incentive compensation plan could flop. That would make 2013 worse than this year! Sign up for the SBI Make the Number tour to learn how peers are building sales comp plans. Follow @SteveLoftness. What can be done?

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New Product? Don’t Forget to Update the Sales Compensation Plan

SBI Growth

Congratulations, your organization is launching a new product in 2013! To learn more about sales enablement and obtain our product launch sales compensation checklist sign up for our Q3 Make The Number Tour. So how do we incent this behavior? If you are launching a new product in 2013, review your sales compensation plan.

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11 Sales Compensation Complaints to Address Before Next Year

SBI Growth

To get this tool, sign-up here. Let’s say sales weren’t spectacular in 2013. Surely something is wrong besides the new incentive compensation. Reps give up and learn to live off of base salary. If it’s been the same year after year, it might be time to shake things up. Complaint #1: No complaints!

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Are Sales and Sales Management Candidates Getting Worse?

Understanding the Sales Force

They tend to pay more than smaller and larger businesses and their recruiting efforts, compensation and incentive plans are designed to attract stronger salespeople. Quizzes by Quibblo.com (c) Copyright 2013 Dave Kurlan' There are four possible explanations for this considerable drop. What do you think?

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Gamification: The Secret to Accelerate Onboarding

SBI Growth

Incentive Compensation: Sales people are “coin-operated.” These include recognition, incentives, interpersonal support, and clear goals. A February 2013 report by Aberdeen Research validates the impact of gamification. Rewarding the right behaviors will speed up onboarding. Follow @jdkenney. Get in the Game!

Hiring 326
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No Product Differentiation? No Problem. A CEO Who Found Another Way to Grow

SBI Growth

We partnered with a consulting firm to help us identify the right sales resources, define the sales processes, and determine the proper metrics and sales incentives.”. How will you win the Big 3 in 2013? Follow @RyanTognazzini. Follow Sales Benchmark Index @MakingTheNumber. Author: Ryan Tognazzini.

Hiring 297
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Consultative Selling, Commitment and Training - Like Oil & Water

Understanding the Sales Force

Salespeople with a low Figure-it-Out Factor (FIOF) don''t pick things up very quickly. That same finding is used to determine how quickly a new salesperson will ramp up and apply what they learned from training. Salespeople with a lack of Commitment don''t have the incentive to change. c) Copyright 2013 Dave Kurlan'