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16 Sales Incentives to Keep Your Team Engaged and Motivated

Xactly

Sales incentives are a great way to motivate your team and keep morale high. Your first line of motivation is your sales commission structure , but there are several different types of sales incentives you can use to further encourage your team. Getting SPIFs Right as Sales Incentives. Making SPIFs too complicated.

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Serving Others Never Goes Out of Style

Sales and Marketing Management

Helping others as a team is invigorating and bonding, which is why corporate social responsibility (CSR) continues to be a popular component of offsite meetings and incentive travel programs. Comparing the results from 2015/2016 with 2017/2018, CSR is actually up two points across all regions.

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2018 Sales Compensation Planning

Your Sales Management Guru

Note: This week’s blog is an excerpt from my new book: “Creating High Performance Sales Compensation Plans”. Some pay commission based on sales, while others only pay on margin; still others blend both with incentives and special bonus plans. Are your sales goals orders- or bookings-based? How long are your delivery cycles?

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How ZoomInfo Gets Data: Top Privacy Misconceptions Debunked

Zoominfo

Even before GDPR was enacted in 2018, we implemented a number of internal processes that aligned with compliance regulations in the US and Europe. Consent is required only in limited circumstances, such as when a business enrolls an individual into a financial incentive program (e.g., loyalty programs). Answer: No.

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Accounting for Sales Commissions: What You Need to Know

Xactly

Public companies have been under compliance since December 2017, and the implementation date for privately held organizations is quickly approaching (December 15, 2018). It requires companies to book expenses during the period they are incurred, not necessarily when the expense actually happened. ASC 606 (IFRS 15) is well underway.

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How Small Gifts Can Create Big Marketing Wins

Zoominfo

A 2018 study by the University of Zurich found that even a small gift from a sales representative makes customers much more likely to make a purchase. We offer them an incentive combined with value messaging to get them into a demo meeting. Customer delight is the ultimate goal for any business. The results?

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Slammed! Sales Manager Boot Camp

Your Sales Management Guru

Plus you’ll get all four books in Ken’s Sales Management Guru series including Slammed! Compensation and incentive strategies. To Learn More and Register: Boot Camp starts January 19, 2018 Register Today. Boot Camp starts January 19, 2018 Register Today. Live chat room where you can interact with Ken.