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[Webinar Recap] Enhance Your Workforce Culture and Sales Performance through Incentive Compensation

Xactly

In the recent 2018 mid-market sales incentive study, CFO Alliance reviewed the relationship between Sales and Finance departments—and how this partnership can positively impact a company’s revenue potential. Incentive Compensation. Companies may need to begin to innovate when it comes to traditional sales incentives.

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10 Sales Statistics You Should Know in 2019

Xactly

Industry and planning-specific statistics also help guide sales planning and incentive compensation. Organizations that use automated territory planning technology have up to 20% higher sales achievement than the average ( Optimizing Sales Territory Design: Sales Management Association 2018 Research Update ).

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Want Your LinkedIn Profile to Stand Out in 2018? Don't Include These 10 Overused Words

Hubspot Sales

Here’s the 2018 list (from most-used to least), along with our suggestions for more convincing swaps. Skilled" is a new addition to the list in 2018. In addition, salary is a big incentive for many salespeople -- and there’s nothing wrong with that. 1) Specialize. What it means: To concentrate in a specific area. 3) Skilled.

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4 ways to use sales gamification in your sales process

PandaDoc

Research has shown that there are huge benefits to gamifying your sales process, including better worker productivity and retention when it comes to learning new things. Employee engagement increases when the incentives are worth the effort required to do well. Offer a buy-in option for a chance to win prizes via a drawing or a raffle.

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How to Get Sales and Customer Service Teams Working Together

Zendesk Sell

Most companies would probably agree that customer retention is an important goal. When conversations are not followed up on or the customer keeps having to explain an issue from one rep to the next, customer retention is unlikely. As discussed, traditional incentives between departments are polarizing. Disillusioned Customers.

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Guest Post: How to Keep Top Talent

SalesLoft

According to Gong.io , the average tenure of a VP Sales was just 19 months as of 2018! I often think about the passage above when considering talent retention. These are long-standing mistakes in leadership and oppressive forms of retention that might have some short term benefits, but are losing strategies in the end.

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Sales Planning Fundamentals Part Four: Territory Planning

Xactly

Accurate quota allocation impacts your team’s ability to achieve their anticipated incentive compensation. This, in turn, affects rep satisfaction and—ultimately—the retention of your top performers. Comparing the balance of territories side-by-side. Providing prescriptive recommendations for improvements. Download Guide.