The Spiff Blog

SEPTEMBER 22, 2022

With a new year around the corner, it’s time to start thinking about your sales compensation plans for 2023. We came away with six key considerations to keep in mind while preparing your compensation plans and processes for 2023. If you’re feeling overwhelmed, we don’t blame you. Let’s dive right in!

Groups 67

Groups Conversion Commission Lead Rank 67

PandaDoc

APRIL 25, 2023

Customer segment The customer segment sales plan is centered around identifying the target customers for a new product and creating a sales strategy to reach them. It includes a thorough analysis of the customer segments , including their demographics, psychographics, and buying behavior. Why is sales planning important?

Examples 52

Examples How To Hiring Segment 52

Apptivo

AUGUST 25, 2023

With each purchase, customers can receive incentives or points, which the CRM can track. A retail store owner, for example, might use integrated CRM and POS software to identify important shoppers, forecast probable return customers, and strategically shift resources away from less promising possibilities.

Small Business 52

Small Business Small Business CRM Retail 52

Apptivo

MAY 26, 2023

Look at their skills, experience, training requirements, and available resources. If needed, provide extra support, training, or resources to help the sales team reach the targets successfully. Resource allocation Explore the resources for sales success! Sales team capabilities Assess the sales team’s abilities.

Sales Forecasts 52

Sales Forecasts Forecasting CRM Top of Funnel 52

The Spiff Blog

FEBRUARY 9, 2023

of sellers achieving quota attainment in 2022, it’s unsurprising that quota setting is the number one challenge leaders cited going into 2023 ( source ). These data sets include performance data for each rep, market trends over time, territory and segment breakdowns, and any other relevant data that might impact a team’s performance.

Quota 70

Quota Revenue Lead Rank Territories 70

Nutshell

MARCH 17, 2023

Resources: Sharing additional resources about your product or service will help the reader feel prepared to use the trial. Encourage them to share: Consider adding an incentive for customers who share your brand promise with others. Introduce the incentive: Offer an overview of the program and its purpose.

Customer 154

Customer Discount Top of Funnel Incentives 154

The Spiff Blog

SEPTEMBER 26, 2023

Recommended reading: Discover the 15 Best Sales Podcasts of 2023 Con #2: Ignores multi-stakeholder buying committees Gartner reports that the average B2B purchase decision involves six to ten stakeholders ( source ). Failing to capture important contextual information can result in a seemingly qualified lead turning into a lost opportunity.

Sales Qualified Lead 83

Sales Qualified Lead Lead Qualification Sales Cycle Scale 83