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[Data Snapshot] 2018 Sales Compensation Best Practices Study

Xactly

In May 2018, Xactly partnered with WorldatWork to complete its annual Sales Compensation Best Practices Study to define the key trends and metrics for companies that want to plan and incent a top sales organization. This 2018 study reveals the trends that you can stake your company’s comp strategy on.

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2018 Sales Compensation Planning

Your Sales Management Guru

Some pay commission based on sales, while others only pay on margin; still others blend both with incentives and special bonus plans. Your sales management team must understand your company’s overall goals and structure compensation to align with them. Are your sales goals orders- or bookings-based?

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Tiered Commission Structures Explained

Xactly

While the most basic incentive plan, the flat rate X% or $X on every deal, is easy to administer, easy to communicate, and easy to understand, it pays commissions at the same rate for all items sold, typically as a flat percent of revenue or profit. This is best for firms who are not yet setting specific sales goals for the team (i.e.

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4 ways to use sales gamification in your sales process

PandaDoc

Key takeaways Sales gamification can improve performance by drawing attention to specific metrics, sales targets, and KPIs. Games that are simple to understand, easy to operate, and connected to company goals are better-received by workers. Manage your sales activities twice as fast Increase your close rate by 36% wuth PandaDoc.

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Your Sales Year is Coming to an End. Are you ready?

InsightSquared

So, as a sales leader or manager, what do you do? How can you close out 2018 successfully? I’ve faced this challenge as a senior sales executive, sales enablement executive and outside sales enablement specialist. Take the sales cycle into account. We use our own solution, InsightSquared.

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Close Out 2017 Strong: 4 Strategies to Conquer End-of-Year Sales Hurdles

Groove.co

How to Meet (or Beat) your December Sales Goals. Whether they're hustling to spend the last of their annual budget, fretting about the endless family visits and company dinners, or — in your case — working to meet sales goals despite an array of "out of the office" emails, it seems like there's never enough time.

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Discover the 15 Best Sales Podcasts of 2023

The Spiff Blog

Lori Richardson, the acclaimed B2B sales strategist, now hosts the show, where she predominantly interviews saleswomen and entrepreneurs who work in a variety of roles and industries. What sets the Sales Success Stories Podcast apart is the quality of the guests that Scott Ingram invites to the show.

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