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Compensation Transformation: 7 Tips for 2024 Sales Comp Planning

The Spiff Blog

Believe it or not, the new year is right around the corner– and that means it’s time to plan your sales compensation strategy for 2024. In today’s post, we’re offering our top seven tips for a complete compensation transformation in 2024. Personalizing sales incentives is a difficult task for a number of reasons.

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Hit Your Sales Targets without Breaking the Bank in 2024

The Spiff Blog

If you’re responsible for reaching demanding sales targets, you must be more dynamic and strategic in 2024. If you’re strapped for budget and can’t rely on new hires to hit your goals, here are some tried and true ways you can set sellers up for success in 2024. Let’s get into it! Streamline the ramp-up process.

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How to be Indispensable as an Incentive Compensation Manager

The Spiff Blog

As an incentive compensation manager, you hold a critical role that keeps your organization running. You want to have access to the most impactful solutions and systems that improve your ability to do your job well— but you also worry about the perception that these powerful tools are more valuable to the company than you are.

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Where to Allocate Marketing Budgets in 2023/2024

Sales Hacker

Based on an annual Gartner report on CMO spend for 2023, 71% said that they lack the budget to fully execute their strategies in 2023, predicting that it will remain as restrictive in 2024. Most times working with another company or two, sometimes alone. There is no one-size-fits-all! Have a fantastic weekend.

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New year, new goals: A checklist to empower your sales teams to close more deals in 2024

PandaDoc

Hopefully, the start of the new year has you super jazzed about what your sales organization will achieve in 2024. A sales team is the powerhouse behind any thriving software company. Now, let’s talk incentives. Incentives, or spiffs, can really boost motivation. They’re like the cherry on top of the goal-setting cake.

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6 Tips for Selling to the CFO in 2024

The Spiff Blog

Your typical planning might go something like this: you conduct basic research about the prospect’s company, learn as much as you can about their business strategy and finances, and develop an understanding of their buying committee. I can show you how Company X generated an additional $1.2 Great, right?

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What are Sales Goals and How to Set Smart Sales Goals for Your Sales Reps?

Mindtickle

Each sales rep must understand the overall goals of the company – and the part they play in achieving those goals. Relevant Goals must be related to your company’s overall goals and strategy. For example, close 50% more details by the end of Q2 2024. The world of sales is no exception. Why are sales goals important?